GM said to consider more cuts as market shrinks

It might be to little to late for GM. Short sighted management is destroying this country.

Nimble as an ox strong as a kitten

i love my 4 chevrolets! All the rest of the GM brands can suck wind as far as I'm concerned....just keep the chev-row-lays rollin'!!!!

I have no idea, when GM plows through the rest of it's cash, how it is going to service its obligations. As some have remarked, too little, too late. I suspect GM is within 2 years of bankruptcy.....

They need to cut the cajones off of the management teams that have let this happen. This is criminal.

one_of_u_liberals wrote:

They need to cut the cajones off of the management teams that have let this happen. This is criminal.

Sure, it's criminal...but it's been going on for a long time.

Read John Delorean's book, On A Clear Day You Can See General Motors. It's an older book (any library will have it) but it's GOOD book and shows very clearly why GM and the other two domestic auto companies are in the mess they're in.

This isn't about product. This is and was always about the unions, the corporate culture of Detroit and (to a lesser extent) Wall Street's short term mentality.

rootvg wrote:

<quoted text>
Sure, it's criminal...but it's been going on for a long time.
blah, blah, blah.....

Notice that I at least offered a solution :) You are just restating the obvious.

rootvg wrote:

<quoted text>
Sure, it's criminal...but it's been going on for a long time.
Read John Delorean's book, On A Clear Day You Can See General Motors. It's an older book (any library will have it) but it's GOOD book and shows very clearly why GM and the other two domestic auto companies are in the mess they're in.
This isn't about product. This is and was always about the unions, the corporate culture of Detroit and (to a lesser extent) Wall Street's short term mentality.

You're right about Detroit's corporate culture and Wall Street's short term mentality. We'll make a socialist out of you yet.

one_of_u_liberals wrote:

<quoted text>
Notice that I at least offered a solution :) You are just restating the obvious.

I've offered several solutions, but they all involve getting rid of of organized labor and their allies among the Depression era generation who seem to pray at the altar of Franklin Roosevelt.

The states against whom Ohio is competing for jobs and professional population and Federal money for infrastructure and education have (for the most part) Right To Work to legislation on the books and have lower taxes or no state income tax and are generally more friendly to business. Ohio will simply have to man-up and find a way to make it work. The kinds of halfway measures we've seen since the eighties (done in an attempt to make it look as though Columbus is "doing something" when the real intent is to keep from offending certain constituencies) simply won't work any longer.

I like Ted Strickland but he isn't what you need.

Ross Perot is what you need...a screaming, yelling, loud mouth SOB swinging a baseball bat. People said Perot couldn't fix the Texas primary education system back in the eighties and nineties. Perot did precisely that and it formed the underlying foundation of the Texas tech boom that took my wife and I there in 1995.

You CAN do this. You have to.

RU Kiddingme wrote:

<quoted text>
You're right about Detroit's corporate culture and Wall Street's short term mentality. We'll make a socialist out of you yet.

Read that book.

While you're at it, read Iacocca's books as well. I like Lee. I always did.

RU Kiddingme wrote:

<quoted text>
You're right about Detroit's corporate culture and Wall Street's short term mentality. We'll make a socialist out of you yet.

Even Lou Dobbs will tell you Wall Street's obsession with next quarter's results is ruining the country.

And he's no Socialist. Far from it.

rootvg wrote:

I've offered several solutions, blah blah blah - blah blah blah blah.
Blah blah blah blah, blah blah blah blah. Blah blah blah blah. Blah blah blah blah, blah blah blah blah. Blah blah blah blah, blah blah blah - blah blah blah blah. Blah blah blah blah, blah blah blah blah. Blah blah blah blah. Blah blah blah blah, blah blah blah blah. Blah blah blah blah, blah blah blah - blah blah blah blah.
You CAN do this. You have to.

Yawn.