How Not To Run GM
by Jacob Sullum
On Monday, after President Barack Obama unveiled his plan to nationalize General Motors, GM's vice chairman, Robert Lutz, exulted, "Their No. 1 goal is to make us successful." But Obama seems to have three No. 1 goals: turning a profit, building cleaner cars, and creating American jobs. These priorities clash with one another, with the president's professed desire to "get out quickly," and with his promise of a "hands-off" approach.
On March 30, Obama assu ...
( Back to Article )
Join the Discussion
|
1 Comments | Post Comment
|
Posted by: commonsenseczar
Comment: #1
Thu Jun 4, 2009 2:59 AM
The government and the unions - a match made in heaven!
The "bad" business decisions that GM made were to not decertify the damn UAW and go non-union.
Toyota anc Honda will continue to eat GM and Chryslers 'lunch". They couuld not compete before government intervention.
The clueless Obumma cannot understand the basics of a manufacturing business and doing what is right. GM should not have been bailed out. A leaner, smarter group could have picked up the relevant pieces of GM and gone into business WITHOUT the damn union and they would be light years ahead of Obumma's GM.
The unions are parasites, sucking the life's blood out of the company until it dies. They have no interest in the actual workers, the long-term viability of the company and would never "partner" and work together with the management team - they fight every step of the way, led by dull, stupid, ill-tempered, chip-on-shoulder shop rats.
Just like the dumbocrats - a perfet match!
|
|
|
|
|
 |
|
|
|
|
- 
- 
- 
