Bailout of GM
OK folks. Another bailout, now for the auto industry?
I think not!
We're at about 7 trillion dollars and counting, how far do we go?
This is absurd. Let them fold and someone will come along and fix it.
That's the way things go.
A couple of years ago I read a report that 2 leading Japanese auto makers were making about $1400 profit per unit. Great!
In contrast, Ford was losing $400 per vehicle!!
I haven't looked up the latest numbers but it's obvious the whole industry needs major restructure and if we can't build one here for a decent profit, forget it or.......let someone else have a go.
One of my companies didn't do so well last year, can I have a few hundred grand so I can buy some yummy new sample libraries please?
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Both require just the right ingredients....