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Bloggers React to Obama's Plan for GM, Rick Wagoner, and Afghanistan

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Since when does the administration have the latitude to fire anyone? GM's "problems" began years ago when the number of retirees and the benefits for them and today's workers added a substantial sum to the cost of a new car. The foreign auto makers got a free ride; no legacy costs, no union to deal with, state gifts of cheap land (Kentucky), a tax holiday for a few years, and a young labor force. Only an idiot couldn't compete with the American companies with those advantages. So what was Waggoner supposed to do? What I find truly astounding is that local, state, and the Federal government enabled these foreign companies to "compete" by their actions and they have the gall to criticize the leadership when the inevitable happens! When is the last time the Japanese allowed an American car company to build a plant in Japan with the same advantages as those granted to the foreign companies here in the USA? And, as the ever so wise pundits continue to state that the "American car companies don't build cars that americans want to buy" ( eg. SUVs and large pickups ) then why are Toyota, Nissan, Honda, Hyundai and Kia marketing the very same vehicles?
A certain medium's love affair with foreign autos was very clear in Car and Driver's April Fools joke. If they had their way NASCAR would be Toyota only circuit. Nuff said.

e griffith of MT 7:37PM April 01, 2009

Why are We the People "Who Are Stuggling to Pay our on BILLS" Getting Taxed to Help Companies That are STILL Giving Packages to the CEO'S. If the Governemtn wants to have 3.6 Trillion $$$ package, then give to the PEOPLE. There are 400 MILLION TAX PAYING AMERICANS GIVE 1 MILLION TO EACH AND THAT WOULD BE A TEAR DROP IN THE 3.6 TRILLION STIMULUS PACKAGE BUCKET!!!!!!!!!!!

Schmidt of OK 9:27AM March 31, 2009

While harsh, forcing GM to come up with a better solution to its own problems is exactly what we should be doing – that is what separates us from other socialist type economies. GM will come back leaner and stronger after this recession along with American small businesses and individuals.
Alex N
http://www.smallbusinessplanresources.com

Alex N of NY 9:57PM March 30, 2009

An economics professor at Texas Tech said he had never failed a single student before but had, once, failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer. The professor then said ok, we will have an experiment in this class on socialism.
All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A. After the first test the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. But, as the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too; so they studied little.. The second test average was a D! No one was happy. When the 3rd test rolled around the average was an F.
The scores never increased as bickering, blame, name calling all resulted in hard feelings and no one would study for the benefit of anyone else. All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great; but when government takes all the reward away; no one will try or want to succeed.

Larry of CA 5:27PM March 30, 2009

rick wagoner should never been appointed the top position at general motors.he had no practicle working experience at the arrogant organization,and wanted to perputate the old school thinking..he was a man of finance and did a poor job at that.under his tenure the company lost 82 billion dollars..need i say more..good riddance,

mikol of MI 4:53PM March 30, 2009

rick wagoner should never been appointed the top position at general motors.he had no practicle working experience at the arrogant organization,and wanted to perputate the old school thinking..he was a man of finance and did a poor job at that.under his tenure the company lost 82 billion dollars..need i say more..good riddance,

mikol of MI 4:53PM March 30, 2009