Thursday, December 4, 2008

We will still need cars!

I am tired of listening to the doom and gloom of the car companies. The latest is we will go into a depression if GM fails. A little news for GM; no we won’t, we will still buy cars. The company may not be called GM, but someone will buy the former assets, hire workers for a market wage, and start producing the cars we need.

The airline industry has been doing this dance for the past 30 years. They file chapter 11, reorganize, consolidate, merge, whatever, and come out of bankruptsy more efficient. It will actually work better in the car industry because there are less regulatory hurdles to jump over. That is unless they get our money as a bailout.

I have to ask; who have we become? We look like a bunch of whining beggars, typical of a third world country. This is embarrassing. This is not the American ingenuity I grew up being proud of. Who are these people running our car companies?

Our future looks dim with this group of people running our big companies and government. Where are the leaders!!!!

1 comment:

Anonymous said...

Rich,
I agree...let them go out of business...and let someone who knows how to run a car company run it/them.
Kenny