Ceterum autem censeo, GM esse delendam

[KrazyHorse]

Spencer

I agree.

[Darius871]

GM? Expression unius est exclusion alterius.

[Theben]

Poste ante deletia du GM?

[SlowwHand]

Den store staten av Texas.
大的德克薩斯州
Большое государство Техаса

[Boris Godunov]

The big question is what to do about the thousands and thousands of employees who will lose their jobs if GM and the others are allowed to go bankrupt.

Perhaps a new massive public works project, wherein the autoworkers dig big pits and bury the Big 3 executives alive? Or perhaps just up to their necks, and then let loose the fire ants? We could also use them for mortar for that wall between us and Mexico.

[Perfection]

I have nostrils.

[KrazyHorse]

Originally posted by Boris Godunov
The big question is what to do about the thousands and thousands of employees who will lose their jobs if GM and the others are allowed to go bankrupt.

Why should anything different be done about them than about the 4 million or so other people who lose their job every month in the US?

[Boris Godunov]

Originally posted by KrazyHorse
Why should anything different be done about them than about the 4 million or so other people who lose their job every month in the US?

Because autoworkers are the backbone of the American economy and without them we'll be speaking Chinese in 10 years. Duh.

[OneFootInTheGrave]

http://news.bbc.co.uk/1/hi/business/7736301.stm

Ford's president, Alan Mulally, said a failure at even one car company would have widespread consequences.

"The industry is so interdependent. We're nearly 10% of the US GDP, and if one of the automobile manufacturers gets into serious trouble, it has just tremendous implications for the entire industry," he said.

10% of GDP... a trillion worth a year??? I presume the whole industry including the Japanese and Europeans...

GM has warned it could run out of cash in a matter of weeks and cannot wait until President-elect Barack Obama - who has promised to help the industry - is sworn in in January.

matter of weeks

[KrazyHorse]

Let's hope it's true.

[OneFootInTheGrave]

Originally posted by KrazyHorse


Why should anything different be done about them than about the 4 million or so other people who lose their job every month in the US?

there is always an option to go to Somalia and reinvent your career as a pirate manager... while not as lucrative as raiding US taxpayers it's a growing enterprise

[KrazyHorse]

10% of GDP...

Yeah, I know. Total number of new car sales in the US is ~8 million a year. At ~25000$ a car that's 200 billion per annum, or around 1.5% of GDP.

Apparently if one of the Detroit Three goes down it'll stop Americans from buying any cars at all, 7 times over.

[KrazyHorse]

I heard a caller on the radio today claim that one in ten workers in the US was employed by the auto industry.

I practically peed myself laughing.

[Seeker]

Yeah they're really turning on the Pity Faucet.

".....and this just in, GM is STILL bankrupt...."

[Traianvs]

Re: Ceterum autem censeo, GM esse delendam

Originally posted by KrazyHorse
Mortem tuam annuntiamus, domine, et tuam resurrectionem confitemur, donec venias.

http://apolyton.net/forums/showthrea...&goto=lastpost

Have to admit, unlike Asher you got style.
Then again he's a tech wizzie only proficient in English.

PS: I understand Obama's comments about aiding the automobile industry. That said, Europan leaders are afraid of (American) protective measures though, and they're ready to play it hard.