A few weeks ago I posted about the UAW and big three auto makers. Tonight I heard the CEO of GM say that if the US taxpayers didn't help them, then his company could be out of business within a month.
What do I say? Great! No more GMC Trucks, Chevorlet, Buick, and Cadilac. Therefore all of the buyers of those brands will have to buy another brand of vehicle. Maybe some of the former GM buyers will convert and purchase a Ford or Chrysler which would increase sales and likely affect their bottomline in a big way.
That is how the market works! It is efficient and effective. GET OUT OF IT'S WAY!
Thursday, December 4, 2008
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