Do You Believe They Will Ever Learn or Listen??  | |  In the following article president Obama defends his bailout of GM and Chrystler corporation. These companies along with the only solvent one of the big three, Ford, are the companies that the president and congress deemed as "too big to fail". With GM and Chrystler coming out of bankruptcy, what are we seeing that gives us hope that their future will be any brighter than their past? Absolutely nothing! These two companies, with the exception of now having Uncle Sam as a controlling partner, have done nothing to change their direction or concept. They will continue to produce the same gas-guzzling, over priced and value losing pieces of dog dung they have produced forever! My question to everyone is:
Four or five or ten years down the road we face Government Motors and/or Chrystler once again facing the consequences of their horrendous business practices and bankruptcy. Do we still deem them to big to fail and once again mortgage the future of our great, great, great, great, great grandchildren this time?
Here is the article:
http://www.detnews.com/article/20090715/POLITICS02/907150331/1148/rss25
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| | | | | | 1.  gewcew23 (4073) | 5 months ago |  There truly is a valuable lesson through failure. Nothing is two big to fail. Rewarding failure with money does not teach any lesson. So probably they will fail again.
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| | Learn More about Bankruptcy Find everything you need to know about bankruptcy. Kosmix.com | add comment |
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| | 2.  oneidmnster (821) | 5 months ago |  The so-called big three have had every opportunity to change their ways.Instead they took the taxpayers money and basically remained status quo.Chrysler even made one of the idiots who helped screw them up the CEO.Bob Nardelli wasn't good enough to run GE.He screwed Home Depot up royally.He didn't do anything to help Chrysler.So,why would you keep him on?
No matter how much I love the United States,I will never but an American car unless they change dramatically.
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| | Insurance Captive Solutions The Taft Companies, an Insurance Captive and consulting group, provides captive management in Bermuda, Washington DC, South Carolina and Montana. www.taftcos.com | add comment |
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| | | 3. Destiny007 (4538) | 5 months ago |  The only sacrifices made were by the shareholders and the investors.
The workers and the union had no investment, yet they profited by 0bozo's theft.
Nothing is too big to fail...even a bloated government.
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| How Many Times??
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