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What is Bad for GM is Good for America



October 01, 2009 – Comments (5)

I officially do an endzone dance on Saturn's grave. I mocked Saturn as classic symbol of GM's failure as a company in a capitalistic nation. It was to be the savior: GM was getting its sales rear-end kicked up and down the salesroom floor, and Saturn was to be GM's future and a true killer of Japanese cars.


I look forward to GM's IPO in the next year or two, giving it a red thumbs-down, and slowly watching it sink beneath the waves along with the Chevy Volt. An American icon? How can you possibly cheer its certain death? Because the experienced union workers and car designs and industrial capacity will NOT simply disappear. These will all be bought by someone who is better able to produce stuff that Americans will want to buy, and better able to provide customer satisfaction, not to mention profits.


5 Comments – Post Your Own

#1) On October 01, 2009 at 10:26 PM, catoismymotor (< 20) wrote:

+1 Rec because you have moxey, kid!

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#2) On October 01, 2009 at 11:23 PM, ChrisGraley (28.59) wrote:

+1 rec

He's mad as hell and he's not gonna take it anymore!

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#3) On October 01, 2009 at 11:43 PM, billddrummer (38.81) wrote:

Well said, jerry!

I've opined for years that GM ceased to be relevant when it decided that losing billions of dollars a year was a 'sound business strategy.'

Thanks for pulling the curtain away from the Great and Powerful OZ!!!

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#4) On October 01, 2009 at 11:50 PM, topsecret09 (83.61) wrote:

    I guess you didn't like your Saturn....??

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#5) On October 02, 2009 at 8:49 AM, leohaas (29.43) wrote:

+1 rec for topsecret09!

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