Experts say GM bankruptcy almost inevitable
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5 Comments
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0
Sarge
"The company is talking with the UAW"
The company ought to say bye-bye to the UAW.
0
yabits
Another company done under by the union of management.
0
Kwaabish
Spot on, Sarge.
Too bad the bankruptcy judge can't order a total disbanding/prohibition of UAW in the BK companies...
0
jeancolmar
The UAW is not the problem. It's only "fault" is that it has been fairly successful in seeing that GM workers get descent wages and benefits, something that is the rule in Western Europe. The problem with GM are short-sighted CEOs and capitalists. The voice of doom has been there for three or four decades. Stop making lousy cars and giving lousy service or else. First came the European imports, then the Japanese, the the Koreans. They are not going belly up. There are giving the Americans what they want.
Everything was tilted in favor of the Big Three. Public transportation was destroyed. Urban planning was cu- de-saced. Americans were forced to buy cars and use them for routine things that would have ordinarily required public transport and walking.
The greedy Big Three got it all--a transport monopoly. And they did what you'd except. They screwed the public with crummy cars.
Guess why practically every other car in the Japan is made in Japan?
The public quietly rebelled.
But still Detroit did not get it. Uh, uh. The CEOs walled themselves off from reality with tons of money.
I say good bloody riddance to GM and Chrysler and, let's hope, Ford. With these parasites gone maybe the US can have civilized public transport and urban planning.
0
yabits
Yes indeed. The Union of Management.
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