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Friday, November 28, 2008

Giving Any Money To Gm's Current Management Is Wasting It

Gm's management has very successfully taken one of the pillars of the American economy and trashed it. Congress may now be mistakenly giving them billions of tax payer dollars to prop them up. Gm's fate with its present management team headed by Ric Wagoner(the dumbest thing to ever run an auto company)is sealed. They are going bankrupt. Sen. Carlo Levine(a dago fruit peddler)at least that the hair dew he wears is pushing for this aid package for Gm. Gm's management is a big contributor to his campaigns. Remember Michigan is a democracy. A democracy run by the mafia and the automobile companies. Gm's eletric car the Volt if it works and that isnt a sure thing will be coming onto the market during a time of falling oil prices. Wagoner that dumb putz should have it had ready when gas prices were going up not down. He didnt do this because he is a putz and a bad Chairmen. It really is a horrable waste of taxpayer money to give Gm any money at this point. Its only because of weak politicans like Sen.Carlo Levine that it could happen. It weakens our country and economy. There is no hope for Gm with Wagoner as chairmen
Ford should be treated differently than Gm. Ford's management has made a lot of good decesions and a lot of progress in turning the company around. Giving them money is proably a good investment that has a good chance of paying off. Giving money to the automobile companies should be done on a case by case basis. One size dosent fit all.