Let GM fail!

For years I've waited for a chance to agree with you. Now it makes me feel like reversing my stance on the issue.

 

sure their company might not be making profit
but they still have to buy different materials from other companies and still pay their employees salaries that is a ton of money

 

So you DON'T agree with me? Or you're sorry you do?

I's confuzzled...

 

No, I do agree with you. It's just an awkward queezy feeling, is all.

I dunno about telling Ford and Chrysler to advance fuel technologies on their own, but I think their financials should be strongly examined and the company's with the strongest financials should receive the most government benefit in alternative fuel consumption.

 

You know the comes from my heart, but FUCK THEM TOO. They put themselves in this position. They didn't evolve when they had the chance. Sometimes you have to allow something to implode and die so that new growth can begin. This isn't about shareholders and union contracts and Jimmy who puts tires on 300s. This is about a group of old white men getting rich while fucking the environment.

Make them do it over and do it right. THAT'S the American way, bub.

 

I'm saying those jobs are already ghosts, and nobody has realized it yet.

GM gets a bail-out and they'll cut thousands of jobs. They'll decrease production to a point that is pitiful. They'll import more materials because it's cheaper. They'll automate thousands of more jobs and cut those too.

With the money it takes to run GM for one month they could give 2.5 million people 1,200 each. Multiply it times 6 months and you have an average government severance of 7,200 per person.

Keep in mind that GM needs far more than 6 months worth of operating expense to sustain long enough to retool. To supply GM with enough capital to operate off cash reserves for 1 year(very feasible that they would need this) you could give 2.5 million people $14,400. That's more than some of those people would've made in a year anyway.

Show me with numbers why it would make sense to save GM and we'll talk. Until then, you're repeating the news.

 

You are completely right that this isn't about tire shops and the janitor at AutoZone. However expecting a complete shut down and retooling of operations over 18 months while offering no support is a bit silly.

I stand that the government should give whatever money would be supplied to GM to foreign automakers to operate within the US more, and that ALL the monies to be supplied for alternative fuel advancements be given to the strongest companies.

 

OK, lets tie the two threads together. Let's give 500 billion to a Russian automaker to open three plants here. But only for non-petroleum fueled cars. I would totally be for that and it would help BOTH countries.

 

See, now that's the kind of out-of-the-box-thinking that I like to see.

Only problem is Russia probably would've melted down thousands of AK-47s a decade ago if they thought they could produce a car that was worth a shit.

That is essentially what I was getting at though. Encourage strong companies to come here and incentivize them with GM's "bail-out-money". They could easily bring as many jobs as GM would lose, and they'd have a better long term sustainability.

I'm not against letting Ford and Chrysler(HUGE where I live) fail along with GM, but I also don't see a reason to push them in that general direction any faster than they're already moving.

I'm also a big proponent of Toyota and think the government should lavish them with money in the fuel advancement area. They're helping lead the way, and they used their success to open a little line called Scion which are great pure price cars. Something *cough* GM *cough* and Ford should've thought about a decade ago when they were as strong.

What'd they do instead? Spent billions testing the effect of making the Yukon bigger and re-inventing shitty cars as new shitty cars. And people are surprised that they're done?