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Default General Motors

On 3/27/2020 7:07 PM, Keyser Soze wrote:
On 3/27/20 6:19 PM, Mr. Luddite wrote:


Apparently, after promising to
tool up to produce ventilators, GM started
demanding excessive up front money, jacking
the price per ventilator up and
producing less than was
originally promised.

Trump just punched back, invoking the
Defense Production Act to require General Motors
to produce the ventilators, like it or not.


That's it.

I am trading my GM Canyon in on a Ford.



We now lead the world in COVOID-19 cases, partly as a result of Trump's
zigzagging, lying, and stalling on coming up with real responses to the
virus. MAGA.

Hospital ventilators are not simple devices. If GM doesn't buy the
technology and dies and so forth, I wonder how quickly the auto company
can produce them in numbers.



Take a chill pill. Or maybe you've already taken too many?

First of all, it's not like GM or Ford or Tesla has to start from
scratch. The POTUS under the Defense Production Act can order
the design drawings, manufacturing procedures, bills of material
with sources from any current manufacturer to be given to GM,
Ford or Tesla. What the auto manufacturers bring to the table
is manufacturing capacity.

Second, I am surprised to see you dumping on the Donald in this
case. It was GM (big business, remember?) who was trying to
extort and take advantage of a national crisis.





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