Re: And NOW, the Big 3 are doing what Packard couldn't do...

Posted by portlandon On 2009/4/1 23:14:40

I'm not quite willing to call America a "third world" has been yet. I think there has been alot of smoke & mirrors going on regarding the just how bad the economic turmoil is. Some people like taking advantage of diasater. Some see it as an opporotunity to "Change" the way things are done that in normal conditions would seem crazy.

People living beyond their means, businesses living beyond their means, and Greed caused this.

Feeding more money to Government Motors (GM) will not fix this.

Also, The President says that the Government will back GM's Warrantees on their cars. I think he might be biting off more of this than we can chew.

The President asked the President of GM to Resign, why didn't he ask the Head of the Union to resign as well, they have alot to do the failure & future of GM?