THE LAST TIME GM WAS AT $3...WAS 1946...!
BUT THAT'S A FALSE MEASUREMENT...
IN 1946...$3 WAS WHAT YOU PAID FOR DINNER AND A MOVIE FOR TWO PEOPLE!!
IN 1946 DOLLARS...GM IS AT ABOUT 20 CENTS...
AND BLAMING GM FOR IT'S PROBLEMS IS NOT HELPFUL...
GM PROVIDED A MIDDLE CLASS LIFE STYLE FOR MILLIONS OF AMERICANS SINCE 1946...AND IT STOOD UP TO IT'S SOCIAL RESPONSIBILITIES FOR IT'S WORKERS .... AND THE CITIES THEY LIVED IN...
GM WAS NOT PART OF THE CURRENT MODE OF PREDITORY CAPITALISM...
WITH IT'S IMPOVERISHMENT OF THE AMERICAN MIDDLE CLASS...LIKE WALMART, MICY D'S AND OTHERS IN THE NEW "GREED FIRST" ECONOMY...(NOW COLLAPSING)
BLAMING GM FOR PAYING IT'S WORKERS WELL...IS NOT THE WAY TO GO...
THE QUESTION SHOULD BE HOW CAN THE US PROVIDE HEALTH CARE AND PENSIONS FOR WORKERS...LIKE OTHER INDUSTRIALIZED NATIONS DO...
SO OUR INDUSTRIES CAN BE COMPETITIVE IN THE WORLD...
THIS GM BASHING IS TOTALLY SHORT SIGHTED AND WRONG...
BUT AS A GLOOM AND DOOMER...GUESS WHAT?
I HOPE THE GM BASHERS WIN!!
BECAUSE THEN ALL HELL WILL BREAK LOOSE....AND WE WILL REALLY SEE WHAT MISERY IS...
THESE GM BASHERS ARE THE SAME ONES WHO LOOTED THE US ECONOMY .... AND RAN THE TRADE DEFICIT TO IT'S CURRENT 'STRUCTURAL' POINT OF NO RETURN...
LET IT ALL CRASH...
THAT'S THE WAY IT'S GOING TO END ANYWAY...
GM BAILOUT, OR NO GM BAILOUT.
