On Fri, 8 Oct 2010 23:12:11 GMT, "Colonel Kurtz"
wrote:


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

they have competition. so, again, they're irrelevant

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 IPO seems to be interesting according to the market. but you know
zip about economics

The future of everything middle class (i.e., a producer economy) IS China,
followed by India.

which is why the manufacturing sector in the US is growing.


The U.S. is only needed as a consuming culture with
mediocre products and low wages,]]

courtesy of the right wing


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..........

and it wasnt free under the free market. you right wingers seem to
think that, if only the rich can afford it, it benefits everyone


GM will do extremely well in China because China (and South America and
India) is a producer state, not a welfare state.

the US isnt a welfare state. if you think it is, you dont know what a
welfare state is.

and welfare states...like sweden and germany...are heavily unionized
and are kicking our ass in manufacturing

but rush hasnt let you in on that secret