Comments on: General Motors Emerges Out Of Bankruptcy http://themoderatevoice.com/38831/general-motors-emerges-out-of-bankruptcy/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 15 Feb 2012 10:08:52 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Blog Internet Marketing » General Motors Emerges Out Of Bankruptcy | The Moderate Voice http://themoderatevoice.com/38831/general-motors-emerges-out-of-bankruptcy/comment-page-1/#comment-193655 Blog Internet Marketing » General Motors Emerges Out Of Bankruptcy | The Moderate Voice Fri, 10 Jul 2009 17:21:32 +0000 http://themoderatevoice.com/?p=38831#comment-193655 [...] Here is the original: General Motors Emerges Out Of Bankruptcy | The Moderate Voice [...] [...] Here is the original: General Motors Emerges Out Of Bankruptcy | The Moderate Voice [...]

]]> By: Silhouette http://themoderatevoice.com/38831/general-motors-emerges-out-of-bankruptcy/comment-page-1/#comment-193607 Silhouette Fri, 10 Jul 2009 16:44:18 +0000 http://themoderatevoice.com/?p=38831#comment-193607 Keep the BigOil thugs out of the board meetings and everything should turn out OK. Keep the BigOil thugs out of the board meetings and everything should turn out OK.

]]> By: DLS http://themoderatevoice.com/38831/general-motors-emerges-out-of-bankruptcy/comment-page-1/#comment-193600 DLS Fri, 10 Jul 2009 16:33:55 +0000 http://themoderatevoice.com/?p=38831#comment-193600 Expect plenty of healthy government-bashing and Detroit-bashing to continue here:<br><br><a href="http://www.thetruthaboutcars.com/" rel="nofollow">http://www.thetruthaboutcars.com/</a> Expect plenty of healthy government-bashing and Detroit-bashing to continue here:

http://www.thetruthaboutcars.com/

]]> By: DLS http://themoderatevoice.com/38831/general-motors-emerges-out-of-bankruptcy/comment-page-1/#comment-193599 DLS Fri, 10 Jul 2009 16:32:38 +0000 http://themoderatevoice.com/?p=38831#comment-193599 It's not sufficiently leaner and wiser. [chuckle] The inbred Detroit dinosaur culture hasn't been eradicated, and in fact has been propped up. Several layers of the old management remain. The UAW is still there, and in fact was wrongly rewarded, not merely kept alive, while other, more deserving parties (the bondholders) were given the Chavez treatment. And, to compound this, the company hasn't just been propped up (payoff to Dem constituencies for Election 2008), but the company has been, in fact, federalized. The federal government owns a huge share of the company ("AmCars," "MITI Mussolini"; the UAW's share amounts to an extra Dem federal share of the company, too, obviously). The federal government has already made controversial new fuel efficiency regulations and is starry-eyed like the activists and silly in expecting new future technologically-advanced and environmentally-friendly vehicles; the public, including many in Detroit and within GM, is concerned about the takeover and the prospect of trying to offer people smaller, more expensive vehicles than they want to buy. (Electric vehicles and new battery technology, despite breathy and stupid claims by, say, Michigan Governor Granholm, are still a distant future objective, nothing like close at hand with only lack of federal funds stopping them from having already materialized, as is the case with yet-to-be-developed charging facilities and electrical power supplies for all this.) "We don't want to run GM, or an auto company," etc., have been lies; the feds have intruded into numerous decisions (which include "private" decisions requiring Treasury approval). While the advocates of AmCars deny it, obviously there isn't going to be fair competition between GM and truly private automakers in the future. This issue and the federal presence in GM (which includes excess UAW presence and influence) is far from over -- it has only begun. It's not sufficiently leaner and wiser. [chuckle] The inbred Detroit dinosaur culture hasn't been eradicated, and in fact has been propped up. Several layers of the old management remain. The UAW is still there, and in fact was wrongly rewarded, not merely kept alive, while other, more deserving parties (the bondholders) were given the Chavez treatment. And, to compound this, the company hasn't just been propped up (payoff to Dem constituencies for Election 2008), but the company has been, in fact, federalized. The federal government owns a huge share of the company (“AmCars,” “MITI Mussolini”; the UAW's share amounts to an extra Dem federal share of the company, too, obviously). The federal government has already made controversial new fuel efficiency regulations and is starry-eyed like the activists and silly in expecting new future technologically-advanced and environmentally-friendly vehicles; the public, including many in Detroit and within GM, is concerned about the takeover and the prospect of trying to offer people smaller, more expensive vehicles than they want to buy. (Electric vehicles and new battery technology, despite breathy and stupid claims by, say, Michigan Governor Granholm, are still a distant future objective, nothing like close at hand with only lack of federal funds stopping them from having already materialized, as is the case with yet-to-be-developed charging facilities and electrical power supplies for all this.) “We don't want to run GM, or an auto company,” etc., have been lies; the feds have intruded into numerous decisions (which include “private” decisions requiring Treasury approval). While the advocates of AmCars deny it, obviously there isn't going to be fair competition between GM and truly private automakers in the future. This issue and the federal presence in GM (which includes excess UAW presence and influence) is far from over — it has only begun.

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