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Connecting the dots: The mind-numbing stupidity of GM and the American auto industry
A53GG4
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7-6-2008 11:48 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/13730cb1-4a8c-43ef-98d3-c5fac080828a/D71087F7-1342-4E5D-AC19-63E2F2FE6A52/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.unknownnews.org/d0807-05MrC.html" href="http://www.unknownnews.org/d0807-05MrC.html" style="font-size: 11px;">www.unknownnews.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><B>Connecting the dots: The mind-numbing stupidity</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><B>of GM and the American auto industry</B></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><DIV>by <B>Mr. Chuckles</B> Saturday, July 5, 2008 <SPAN class="font11"> <A href="http://www.unknownnews.org/d0807-05MrC.html" linkindex="20" set="yes"><FONT color="blue">PERMANENT LINK</FONT></A> </SPAN></DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><DIV> Automakers fought for years, both in court and in the halls of Congress, against state laws requiring fuel efficiency and pollution reduction. They fought themselves into a death spiral, waging a futile war against intelligent people of vision and foresight.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><DIV>Today GM surrendered, after squandering untold billions of dollars and costing millions of American jobs — despite claiming for years that doing the opposite would cost billions and destroy millions of American jobs.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html"><DIV>Adding insult to our injuries, all of a sudden GM <I>can</I> produce 40 MPG cars, something they claimed would be impossible to do before 2016 without massive cost increases and technological advances. Has there ever been a more self-destructive company with such fat headed management that survived for so long?</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.unknownnews.org/d0807-05MrC.html">GM, turning 100 this year, has few options to re-inventing itself. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D71087F7-1342-4E5D-AC19-63E2F2FE6A52/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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