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Gm still is Government Motors
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<blockquote data-quote="brett636" data-source="post: 731389" data-attributes="member: 249"><p>Your biggest shortfall is your only capable of thinking short-term. GM will need another bailout in the future. It may be 10+ years from now, but its going to happen just like how Chrysler received its 2nd bailout. Their pension funds are way underfunded, and now they have little incentive to produce higher quality cars because they know uncle sam has their back. When you remove the fear of failure from a private company that company has no reason to try as hard as its competitors to compete. Sort of like giving a drunk a drink, it does little to help them in the long run.</p></blockquote><p></p>
[QUOTE="brett636, post: 731389, member: 249"] Your biggest shortfall is your only capable of thinking short-term. GM will need another bailout in the future. It may be 10+ years from now, but its going to happen just like how Chrysler received its 2nd bailout. Their pension funds are way underfunded, and now they have little incentive to produce higher quality cars because they know uncle sam has their back. When you remove the fear of failure from a private company that company has no reason to try as hard as its competitors to compete. Sort of like giving a drunk a drink, it does little to help them in the long run. [/QUOTE]
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