Re: [Vo]:Detroit's #1 problem: the Peter Principle
Howdy Jones, Back in the '80's, Roger was CEO of GM and drove the last vestige of sanity at GM into the ground like a tent stake. While we were sleeping an entire piece of what we knew of as America was destroyed... by economic terrorists, our real enemies. When the Dime Box saloon starts importing knockoff brands of Tequila,,, and the Guv'ment wont let us make our own moonshine.. well.. Richard Jones wrote, ... but still, all things considered, how much longer can GM keep letting their Peters do the talking, and make such major market miscalculations? ... all the while driving a once-excellent and dominant company into early retirement ?
Re: [Vo]:Detroit's #1 problem: the Peter Principle
On Feb 17, 2008, at 8:16 AM, Jones Beene wrote: ... but still, all things considered, how much longer can GM keep letting their Peters do the talking, and make such major market miscalculations? ... all the while driving a once-excellent and dominant company into early retirement ? Say, I wonder if this is an opportunity. When some major car manufacturer's stock crumbles, maybe it is possible to use the internet to put together a grass roots green takeover. It might be a way for some folks to not only advance renewable energy and conservation, and force long range thinking, but to make some money for retirement as well. It is primarily a matter of getting the right people on a board of directors. It might be possible to get automotive industry employee backing as well. A key factor in being able to accomplish this is the ability of 401K and IRA stockholders to have voting rights with their stock. Isn't there some kind of limitation on this now? Horace Heffner http://www.mtaonline.net/~hheffner/
