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Default Bridge loan to nowhere..


"Canuck57" wrote in message
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"RG" wrote in message
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I agree 100%. At first blush many people think of "saving jobs" which
is nice, but not reality. Those jobs have already been doomed, bailout
or no bailout, economic meltdown or no economic meltdown.


Right. It's not about saving jobs in the short run, it's about saving
the domestic auto industry in the long run. Trying to save jobs without
radically dealing with the employer's viability as a global competitor is
a fool's errand. That only results in the scenario of "The surgery was a
huge success. Unfortunately, the patient died". For the first time in
history, there is an opportunity for GM to definitively address the
baggage that they have refused to deal with for so many years.
Unfortunately, senior management appears even still to be reluctant to do
so. Enter the bk judge, stage right.


Let Ford, Chrysler, Honda, Toyota and Nissan, all domestic manufacturers
fill the gap. There are 5 valid domestic alternatives. Did you know a
Toyota Tundra has more domestic parts in its assembly than either of the
GMC Sierra or Dodge RAM? Don't listen to GM BS.

GM is a dinosaur who's time has come.


GM is profitable outside the US. Tells us the USA business model is in
error.


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