As usual, Sundance is spot-on in his assessment. Mary Barra, perhaps the most questionable selection of a CEO in General Motors’ history, is not operating in the best interests of the working men and women of America, just the same as the politically motivated UAW leadership that fails it’s members. When it comes to these Wall Street players, sorry worker bee’s, they both are just not that interested in Main Street pain.
Also, of late Mr. Howes appears to trumpet the nonsense of autonomous vehicles, which GM, Ford, Google (I know, astonishing, right?), among a few others have gone “all in” as the way of their future business model. Meh, perhaps. However, all one needs to do is look at Tesla, Airbus, and now, Boeing, to see that autonomous vehicles are in no way, shape nor form, close to being primetime on our congested roadways. Not in our lifetime, anyway.
Sorry, CS, but you are way off base here. Trump has no business meddling in the affairs of a business. Whether he agrees with them or not is irrelevant. Whatever happened to free market principles?
John, GM Lost it rights to free market principle when it relied on the government bailout. And, the whole time of this bailout, GM China was solvent. They reincorporated, tried to bankrupt it's pensioners, not to mention the stock we all held, which became worthless under the old, real GM. Doesn't that make you just a tad pissed?
I disagreed with the bailout for the same reason why I disagree with the president meddling in a company’s affairs. President Trump should not be trying to nationalize an automaker.
Nobody's trying to nationalize anything, dummy, but you do understand W Bush and Obama fucked every taxpayer and bond holder out of $50 Billion dollars on GM alone.
https://www.marketwatch.com/story/auto-bailout-reaches-110-billion
Other than that, go fuck yourself, John.
[Sorry for the language folks, but, God I hate stupid.]- CS
Yeah, and did you miss the part where I said that I DISAGREED WITH THE INITIAL BAILOUT?
Stupid would be an inability to comprehend reading, so kindly go eat a bag of dicks, you illiterate douchebag.
Alas! Mr. Brinks a/k/a archiespeck a/k/a Mike Reade, you've ousted yourself as the globohomo Never Trump status quo that you are.
Be forewarned, like Vox Day, there is no tolerance of your type on my posts.
Last time.