On 7-Oct-2010, bpuharic wrote:

When you add up all the losses from share holders, bond and preferred
share holders, creditors, suppliers, pensions, GMAC pillaging, Delco
farce, bailout cash requirements of GMAC, Delco and GM, they are a $300
billion dollar plus turkey that still can't fly.

GM is irrelevant.

GM is completely irrelevant when the majority of what's left in the United
States "thinks" Asian econoboxes and their minimum wage "career" at Walmart
is normal. GM should have folded, moved the majority offshore and performed
final assembly in the US, like Toyota, Honda, Hyundai, etc.

The future of everything middle class (i.e., a producer economy) IS China,
followed by India. The U.S. is only needed as a consuming culture with
mediocre products and low wages, BUT, you have free "health care" (better
known as medical services) We'll, it isn't free, but....y'all feel good
about.......uuhhhhh......something..........

GM will do extremely well in China because China (and South America and
India) is a producer state, not a welfare state. They can export to the U.S.
too - 10 to 15 years of "easy payment plans" at Walmart for your next
quadricycle! HA! Y'all are really screwed.