GM CEO Ed Whitacre announced in a Wall Street Journalcolumn Wednesday that his company has paid back its government bailout loan "in full, with interest, years ahead of schedule." He is even running TV ads on all major networks to that effect--a needless expense given that a credulous media is only too happy to parrot his claims for free. Detroit Free Press' Mike Thompson, for example, advises bailout proponents to start "warming up their vocal chords" to jeer their opponents with chants of "I told you so."
But before belting out their victory aria, GM-boosters ought to hear the whole story--not just the fairytale version about Government Motors' grand comeback that Mr. Whitacre is feeding them.
here's an idea.....all those 'bailouts'(hhhmmmm, joke)...should have gone to re-edumacate the workers to build safety valves for oil rigs,,,hence mandated safety valves and less mess.....oh, yeah,,,,,cant touch the oil gumbas,,,,can we now.....though I dont know about their workforce and what that entails,,,,maybe the unions should be up on looking out for their workers and their interests, for the um...just in case your 'job security' fails scenario...........BTW, maybe making batteries is shortsighted........or is it half sighted........??????
JMHO.......bigger picture......
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
here's an idea.....all those 'bailouts'(hhhmmmm, joke)...should have gone to re-edumacate the workers to build safety valves for oil rigs,,,hence mandated safety valves and less mess.....oh, yeah,,,,,cant touch the oil gumbas,,,,can we now.....though I dont know about their workforce and what that entails,,,,maybe the unions should be up on looking out for their workers and their interests, for the um...just in case your 'job security' fails scenario...........BTW, maybe making batteries is shortsighted........or is it half sighted........??????
JMHO.......bigger picture......
1) the oil rig was a test rig and was due to be shut down the next day 2) BP drilled deeper then they were supposed to drill.
No.....folks could be cross trained.......and even if it was a 'test rig' it doesn't make sense not follow the best safety protocol.....I'll be the first to tell you that the best laid plans sometimes get messed up......
drilled deeper than they were supposed to????????????? really????? is that how the explosion happened????? These are experienced companies---- we hope......
not an old rant------Exxon Valdeze?????
...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......
The replacement of morality and conscience with law produces a deadly paradox.
STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS
How can GM CEO Ed Whitacre do tv commercials and LIE to the American public. GM is NOT making a profit, and borrowed from one govt. program to pay back another.
It's like us paying off one credit card, with another one.
I'm a Toyota/Honda loyalist and have been for 30 years.
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
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