General Motors (Part 2): Reasons for Failure
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Survive or fail on their own, lord knows they've have enough time.
No gov't loan, or at least make it under stringent conditions, and then only to one.
Such as a revised business plan, limiting salaries to no more than US President during duration of loan.
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Survive or fail by their own methods, NOT with govt loans.
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More than 7 million jobs can be GAINED if the big 3 go bankrupt, and nation turns at last to non-motor transport techs! They have dragged their heels for more than a generation now - still fighting WWII & continuing to provoke NEW wars to buttress their outmoded fuel technology. WAKE UP AMERICA, before it's too LATE! (already may be). Same song, over & over: "maybe new tech in 10 years". They had the elements of the new tech 10 years ago (ex. Lynx)BEFORE the Chinese - and IGNORED IT COMPLETELY!
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Hey, thanks! If you have a contact in the production departments let me know! :)
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sfourne2 3 years ago 3