The One Thing Wagoner Left Out of The Aid Package Request

Gm's management said it was willing to make changes and scraifices to get a bailout from the government. But they left out the one really important factor that should be used in deciding their bailout request. Cutting excutive compensation or weak models means very little. Gm's executives have been unable to make hit cars. Cars that people want and will pay top dollar for. The question is has that changed? The answer is there is no evidence at all that Gm has any big hits in the pipeline or has any clue on what to do to change that. Therefore Gm must be allowed to go bankrupt and then be bought buy the government and nationalized. Then the company can be brought back to life with a new management team and ample financing to make this important comeback.
Giving Gm's present management team any money now is a waste of money.