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Friday, December 05, 2008

The Opportunity To Rid Gm of Its Management Bureaucracy And Rebuild The Company

Gm's bureauocrates not only ruined the company but also destroyed the city of Detroit and endangered the national security of the United States. These bureauocrates who comandeered Gm have been to the public well many times before. One of the reasons Detroit is in such dire straits is because Gm's management has milked it for billions of dollars. Gm wanted Detroit torned down because it was built around mass transit. Gm forced the city to cut services to its residents and then took the money and used it to enhance its properties which also was a failure. Gm abondoned the new center area after the city spent billions trying to fix it up which made the area a ghost town.
Gm gave Red China secret missile technology so they could enter the Chinese market when they owned Hughes. China someday could be a potential enemy
What happens to the American automobile companies will happen to the entire country. They must be nationalized and rebuilt. Gm's management must be forced to leave the company so the rebuilding process can start.