and what about those who ran Chrysler and GM? Did they have business experience? How good of a job did they do with all that experience?
Many of you are having a knee jerk reaction to this kid. So far he’s been on the money even though those who put him there definitely show they might not know what they are doing.
But this kid might end up being the right person.
What? So far all that is happened is the Imperial Federal Government has stripped the shareholder's and bondholder's of 78% (probably much more) of their equity and then handed it to the union.
The union, by the way, that is the primary reason that GM, Chrysler and Ford are in the predicament that they're in. The Union's extortion-like tactics, backed by the power of Federal Law, has made the US automotive manufacturing industry a monument to the corrosive nature of organized labor.
the right person to strip the U.S. of capitalism and hunker down in a new biz venture taking private stock and giving it to the union, in a government takeover...no longer general motors, but now government motors.....when they come for YOUR biz and your property I hope you feel the same way. nothing good will come of this. nothing at all. the government ruins everything it touches in the private sector. regulations, laws, unions.......it all contributed to ruining GM, now they are dividing up the spoils....when they finish with what is left of the auto industry in the U.S. they will have time for you and yours.
btw, you need a new name..........maybe roll over and playing dead? mad as hell seems a bit of a misnomer... ;^)