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Friday, October 31, 2008

Why America Is In So Much Trouble

The United States is just unable to do what has to be done in creating a healthy country. A big part of the reason for this is Americans just dont see the truth. People are seeing things that really arent there. I dont know exactly what they are seeing but it isnt reality or the truth. The automobile industry for example should never have been allowed to end up in the condition its in now. An industry on the brink of extension. A Gm Chrysler merger makes no sense at all. Something that shouldn't be allowed to happen. It will further damage both companies. Gm just wants Chrylser for its $11 billion in cash that it got not from profits but from borrowing against its credit line. Gm will throw away the rest of the company and keep the 11 billion. Does that make sense? Is it trufuthful to think that will save both companies.
Rick Wagoner the person proposing this merger has failed at everything he has touched at Gm and now he proposes this merger and everyone concerned excepts it as gosspel. Does that make any sense at all. Look at his track record. Look at what he did to Gm. Does it make any sense for this merger to happen? In being truthful and realistic it dosent make any sense at all. And yet it proably will happen. And that is why America is in so much trouble. It just dosent see the truth.