G.M. Loses $15.5 Billion in Quarter

....but the problem is that GM is always playing catch-up with the Japanese...."

About two years ago, I listened to an interview with then new GM CEO, Wagoneer. He was asked about the Japanese and he said,"We(GM) will meet any Japanese standard."

Not beat. Not surpass. Not lead, but basically wait and then improve afterwords.

I was so pissed that such an idiot could be in charge, I was yelling at my truck radio. Pathetic.

In an interview on CNBC, Mr. Wagoner said G.M. and the industry were bouncing along the bottom, and he did not know when to expect an recovery.

Apparently Mr. Wagoner's concept of "the industry" doesn't include Honda, which posted record profit:

Honda reports record fiscal first quarter profit - August 2, 2008

General Motors = Twentieth Century Motor Company

No. I believe “Come. let us reason together”. (Isaiah 1:18)

If the bankers’ buying off Congress in 1913 in order to take over control and creation of the money supply in this country and institute the illegal and unconstitutional Income Tax could be accomplished; if the 1930s depression was created by the bankers’ choking off the money supply, in order to make the American people accept Roosevelt’s Socialism, then pushing up oil prices is entirely possible and believable.

Things don’t just happen; they are caused. Cause and effect, just like in physics.

Now, if you add to that an extreme leftward slide of both our political parties in the last few years and the fact that control is being centralized in one city: Washington, D.C., and the fact that our judges are dictating Communist solutions all over the country and it’s only logical to perceive a takeover of our country by people who specialize in power over the people.

I’ve simplified things here for the purpose of brevity. The media very obviously are helping them in this endeavor, as are Hollywood and the education industry, almost to a man (and woman). The schools and colleges are creating molded world subjects conditioned not to think.

Just happening by chance? That doesn’t make sense. It’s too coordinated and headlong.

Well my definition of ‘fair’ (and, I agree 100% - ‘fair’ is used more often than not to justify something that has nothing to do with fairness of any kind but is an ideological position) is, for example, preventing ‘dumping’, selling under cost of manufacture in order to drive competition out of business and such unseemly practices. However, if their costs truly are lower well I got no problems with that.

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