Insights From An Involuntary General Motors Investor

[Pick1980a]

GM is in fact a pretty decent investment after a restructuring. The majority of their profits come from emerging markets like China. There is tremendous growth in these markets. Also the auto industry employs quite a few people both directly and indirectly in Ontario. Granted they are not the majority of the population but what organization or business is? So I am not sure that comment makes much sense. GM is actually a much better investment when you consider the facts and the business model.

[CBCBanana1]

Years ago, I had a fantasy that GM would fail, and that other car companies (with better cars IMO) would be able to step in and provide better quality. but I didn't predict that our governments would step in and shatter that dream.

I'm sorry Alfa Romeo, Japan, Germany, and other Non-American car companies of good build quality (with the exception of Ford), that we bailed out this market share.

As to the unemployed workers, I'm guessing that taking care of them and not GM more cost-effective.

[thedebaters]

Awesome debate gang!! Keep it coming! :)

[emperorinsaino]

I like Michael Moore's theory. I pitched it to Bob Rae and he laughed at me. We buy GM, but turn them into a company that produces mass transit vehicles, and the governments across the country buy them.

[OneWorldOneLife]

But we don't have to buy GM to do that! Let GM fail! And start our own crown corporation to produce transit vehicles! Don't give GM one penny! Then we save money! This way the workers benefit but all the stupid, greedy executives at GM get nothing!

[adrian4594]

Nice hat Steve.

[OneWorldOneLife]

I'd rather give my money to re-train ALL the unemployed workers into having sustainable skills rather than give my money to this silly, failing car company! I feel so robbed!