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Originally Posted by Ustwo
You lost me with GM...
Horribly run company, but I guess thats Bush's fault too.
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No, if I wanted to blame the GOP I could go back to the Congress in 1979 that bailed them out with federal money and coddled them with price tarrifs on foriegn manufacturers through the 80's. But, I blame the UAW and the weak mgmt team that gets kicked around by them. You can't make strategic, healthy decisions for the company with short-sighted benefits negotiators in the background whining for more doughnuts.
Instead of standing up and busting the union down like any CEO worth his salt would do, Rick Wagoner would rather pick up his factories and take them overseas where there is no healthcare or unions to worry about.
Oh yeah - Bush did drive down the dollar so they can't compete internationally now. Sorry.
