As for manufacturing, yes, I have. In fact, I have a small manufacturing concern that I run. Unlike GM, I have no problems making stuff and selling it - but then I ask my customers what they want.
Posted on 03/29/2009 2:12:11 PM PDT by kcvl
Edited on 03/29/2009 4:22:35 PM PDT by Admin Moderator. [history]
Officials say GM Chairman and CEO Rick Wagoner will step down immediately at request of the White House.
As for manufacturing, yes, I have. In fact, I have a small manufacturing concern that I run. Unlike GM, I have no problems making stuff and selling it - but then I ask my customers what they want.
No worries. Barney Frank will take over on Monday.
I agree with your assessment.
I don’t really see this as anything “good.”
The chess game for America is a high-stakes venture.
So before too many here go off on tangent, think about a few things first:
Banks trying to figure out how to give the bailout back.
Other Banks trying to avoid being forced into it.
FDIC insolvent.
Moffet quitting after 6 months at FM/FM.
AIG mess all around
Unable to fill treasury positions
And now a GM Exec. quits on the tails of the 0bama comments today?
Like some of these folks or hate them....they are learning very quickly what government money entails...and they don’t like it.
The major sticking point continues to be restructuring the companies' debt. The loan terms call on GM to try to shed two-thirds of its unsecured debt and to get the UAW to accept half of the money owed the union for its retiree health care trust in stock rather than cash.
Ahhahaha McFarlane.
Maybe Obama asked Wagoner to fly to Croatia on Wednesday!!!
I see one thing good.
What CEO would ask the government for a bailout now?
As for your query of “what world class cars” - see post 105.
* Steven "Steve" Lawrence Rattner is an American financier and private equity investor. He is one of the four founding partners of the private investment firm Quadrangle Group, which invests media and communications companies globally.
Rattner started his career as a reporter with The New York Times, first at the Washington bureau, where he became close friends with Times' ownership-family member Arthur Sulzberger
Rattner quit journalism and joined Morgan Stanley, where he founded their Communications Group
He is married to Maureen White, the former National Finance Chair for the Democratic Party.
Probably some union Sympathizer so it can turn into France Renault and Every Budget year they pump in money!! hahah
sacrame bleu
Richtig, genau!
[Nobody is buying cars today.]
My Dad bought a brand new Toyota Tundra and a new Toyota Highlander a couple of weeks ago.
I say near 200billion with pensions. GM has something like 70,000 employees and a million pensioners.
I reminds me of a study I did of the cost of the Civil War. Lincoln could of bought each and every slave at top price and it would of been 1/60th the guestimated cost of the war.
We should just cut everyone a check and be done with it.
This industrial cancer is going to go on for years.
If you like the Detroit school ‘system’, you are going to love the GM/Chrysler/Guberment ‘system’. (You better like it too, because the IRS is going to rip the cost out of your hide with rusted electrician pliers while your family watches so that they beg you next time to be more co-operative.)
Get serious. You know what I mean by no one. You know that that’s an expression for VERY low numbers and not absolute zero.
Sir or Madam,
I had no political motivation when I placed my order.
None.
I want a vehicle capable of 150 mph with .9 g handling, with the utility of a minivan for under $25,000.
If you believe my purchase was motivated by my support of “Obama and his worshippers,” I would strongly suggest that you are alone in this belief.
Of course, you have every right to believe whatever you wish, just as it is my right to purchase whatever vehicle (or snack food, or household appliance) I wish.
And I thank you for respecting this right.
:(
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.