03-30-2009, 05:43 PM
Acer wrote:
[quote=Dakota]
What do you know about running a car company anyway and if you do what is it?
Given the condition they are in, apparently GM hasn't had anybody who knew how to run a car company for some time.
I'm not sure Obama could do any worse. And I'm not sure a conservative would do any better. Case in point: George Will.
George Will knows what happened...the gubmint through CAFE standards forced the car companies to build hybrids, which nobody would buy and they had to sell at a loss, and would not let them build the SUV's which the people wanted.
Which explains elegantly why there's a waiting list for Priuses--you can't even negotiate the the price down from sticker--and the lots are full of unsold SUV's. GM spent most of its hybrid efforts on hybrid SUV's which missed the point entirely.
I don't want to debate hybrids here but your information is from the $4 a gallon days. From what I have heard Priuses are NOT selling at all. Neither are small cars. But that aside...
I like to know what is Obama's authority, in law, in firing the CEO of a private company that still has a board of directors? This is banana republic stuff. The silliest part came when he said Washington is now going to honor your car's warranty.