On Dec 7, 8:08*pm, Tom Francis - SWSports
wrote:
On Sun, 07 Dec 2008 19:30:09 -0600, wrote:
On Sun, 07 Dec 2008 19:28:01 -0500, Tom Francis - SWSports wrote:

Maybe it's because I see it as more black and white than others - it's
not that I don't have empathy and sympathy for laid off workers - I do,
believe me I honestly do.

Hell, I know that, and didn't mean to insinuate anything else. *We're
just looking at this differently. *Right now, I believe the economic
situation it too perilous to allow GM to fail. *It is difficult to defend
GM. *They have had plenty of warning to make the difficult decisions, and
they didn't. *As I have said, under normal circumstances, I'd let the
market deal with them. *

Well, I'm glad it's not my decision. *It's easy for me to say what to
do as I don't have any skin in the game. *:)

From my perspective, eventually, several major car manufacturers are
going to fail anyway. *There seems to be a glut of manufacturers with
very few open markets.

Every boom cycle has a bust cycle. *We're in a bust cycle.

And, to tell the truth, there is still a lot right with the economy.
It is the economic engine of the world and it will survive. *There is
a safety net this time and there are concerned people who will work it
all out eventually.

It's just a matter of time.

Quesiton of curiosity.

are the big 3 beggers tanking in the US? or does this include their
entire overseas operations as well.

Reason I'm bringing this up is because Delphi chaptered a couple years
ago here stateside, while in the mean time they were building a
massivly huge mfg. facility in New Deli India.


hmmmm.

On Sun, 07 Dec 2008 19:02:08 -0800, Tim wrote:


are the big 3 beggers tanking in the US? or does this include their
entire overseas operations as well.

Reason I'm bringing this up is because Delphi chaptered a couple years
ago here stateside, while in the mean time they were building a
massivly huge mfg. facility in New Deli India.

GM has been pressuring their suppliers to use low cost countries such as
India.

http://www.allbusiness.com/management/3500893-1.html





hmmmm.

wrote:
On Sun, 07 Dec 2008 19:02:08 -0800, Tim wrote:


are the big 3 beggers tanking in the US? or does this include their
entire overseas operations as well.

Reason I'm bringing this up is because Delphi chaptered a couple years
ago here stateside, while in the mean time they were building a
massivly huge mfg. facility in New Deli India.

GM has been pressuring their suppliers to use low cost countries such as
India.

http://www.allbusiness.com/management/3500893-1.html




hmmmm.


That is a cycle too. When India becomes too expensive manufacturing will
move to other low cost geographical locations. You would be surprised
where the current low cost high quality technical labor pool is today.