eh, management is responsible for the failure of vision that gave us
the Hummer at a time of peak oil. But health care costs and pensions
can't be ignored as a contributing factor. On the third hand, is it
not also a failure  of vision not to see that these costs woud rise?

On Tue, Jun 2, 2009 at 8:42 PM, Scott Stroz <[email protected]> wrote:
>
> I think I have to put more of the blame on management rather than
> labor on this one.
>
> On Tue, Jun 2, 2009 at 9:42 PM, Gruss Gott <[email protected]> wrote:
>>
>>> Vivec wrote:
>>>
>>> "It is with sad irony that the company which invented "planned
>>> obsolescence" -- the decision to build cars that would fall apart
>>> after a few years so that the customer would then have to buy a new
>>>
>>
>> Yes and no.  He's got the business strategy right, but he screws up
>> the labor piece.
>>
>> Organized labor was essentially the mafia and extorted money from both
>> its members and GM.
>>
>> The executives, for their part, allowed the extortion because they
>> were on the gravy train too.
>>
>> The government should take over, but like they do with banks: eject
>> the board and management, auction off the assets, and close down the
>> rest.
>>
>> But the bottom line is that labor and management failed as a team.
>>
>>
>
> 

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