Say GM files for bankruptcy...

[mrSHEiK124]

Originally posted by: iamwiz82

Originally posted by: mrSHEiK124
Shit, this whole situation begs the question, if the writing has been on the wall for more than a decade, GM hasn't been able to get a clue or turn some $$$ but they kept payin' out to CEOs and UAW kept fucking them over, is it worth saving them?

I thought that was supposed to be the beauty of capitalism? The competition got tough, and the weakest got wiped out; IMO, having the gov't pour more cash into them is like keeping someone in a vegetative state on life support until they're 200, there's no point.

Originally posted by: IGBT
But the issue today is not whether GM should have closed Buick years ago, been tougher with the UAW or supported higher fuel economy standards.
In the next two to four months, GM will run out of cash and turn out the lights. Only government money can prevent that. Every other alternative is fantasy.

That is PRECISELY the issue. They dug their own grave, time to hop in and get comfortable. They made stupid decision after stupid mother fucking decision, and now they're out of cash, and it's time to turn out the lights.

GM isn't that weak though. They are held down by outside forces, forces which they really cannot help. No matter what people say about how management is the cause of their current struggles, it isn't really their fault. The UAW forced them into the situation.

You tell me, what do you do when your entire manufacturing division demands the world? Say 'no' and go under then and there, or agree and wait it out? The problem being, the UAW asked the world 40 years ago, and then kept demanding afterwords. You can't fight them though. It's one thing to have 1,000 people walk off, it's a whole different situation when you are talking 100,000 workers.

And we aren't just talking UAW workers, we are talking about their families too. And UAW workers for the other manufacturers and suppliers. Now we are talking about ostricizing a few million people.

Damn it, stop making me feel bad for being pragmatic. Yeah, UAW kind of fucked them over long ago, but the mismanagement is still strong in this one. Japanese cars went from being crap, to being awesome, Korean cars were introduced, and became awesome, and the domestics just this DECADE pulled their heads out of their asses. Too little too late?

Speaking of other domestic cars, I always wondered why DaimlerBenz didn't shutter every part of Chrysler that didn't make Dodge trucks. In the event that I suddenly became a rugged mancake that needed an awesome truck, I'd be in the market for a domestic car. Ford, GM, and Dodge have trucks made of win, I say we fold the lot of them into American Truck Corp.