Comments on: Kick GM out of the Dow…now! http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/ CNNMoney.com Talkback Tue, 24 Nov 2009 15:32:36 +0000 http://wordpress.com/ hourly 1 By: S ALLEN MARSHALLTOWN IOWA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30300 S ALLEN MARSHALLTOWN IOWA Mon, 01 Dec 2008 01:10:42 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30300 NO, NO BAIL OUT FOR GM, AND WITH THE ADDED MARKET SHARE, FORD WILL PICK UP A HUGE MARKET SHARE AND WILL HAVE THIER PROBLEMS SOLVED WITHOUT A BAILOUT OR THEY MAY NEED A SMALL BRIDGE LOAN TO BE READY FOR THE INCREASE IN DEMAND, BUT THE TAXPAYER'S MONEY WOULD BE SAFE AT LEAST. NO, NO BAIL OUT FOR GM, AND WITH THE ADDED MARKET SHARE, FORD WILL PICK UP A HUGE MARKET SHARE AND WILL HAVE THIER PROBLEMS SOLVED WITHOUT A BAILOUT OR THEY MAY NEED A SMALL BRIDGE LOAN TO BE READY FOR THE INCREASE IN DEMAND, BUT THE TAXPAYER’S MONEY WOULD BE SAFE AT LEAST.

]]> By: Ken, Grand Rapids, Michigan http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30291 Ken, Grand Rapids, Michigan Fri, 28 Nov 2008 03:00:15 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30291 They should be kicked out. What other companies can continue to give un-sustainable wages and benefits, come to Washington begging for help because they are almost OUT of money, and have NO BUSINESS plan, could remain in the DOW ? They should be kicked out. What other companies can continue to give un-sustainable wages and benefits, come to Washington begging for help because they are almost OUT of money, and have NO BUSINESS plan, could remain in the DOW ?

]]> By: R, LA, CA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30274 R, LA, CA Wed, 26 Nov 2008 00:09:52 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30274 GM has lost an astonishing $72 billion in the past four years on Wagoner's watch - including $51 billion before the crisis hit in 2008. GM has lost an astonishing $72 billion in the past four years on Wagoner’s watch – including $51 billion before the crisis hit in 2008.

]]> By: Pat, Los Angeles, CA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30271 Pat, Los Angeles, CA Tue, 25 Nov 2008 23:15:21 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30271 What other country pay their workers nearly $100/hr (pay & benefits), laze about without impunity, retire in their 40's or 50's? WHERE? TAKE A !#$@* PAY CUT!!!!!!!!!!!!! IS THAT SO HARD? THE AUTO COMPANIES ARE NEAR BANKRUPT. There are alot more important people than those auto execs that don't fly around in private jets. !#@$! This is why I am against BAILOUTS. These people don't get it! There's no compromise with these people. No logic or sense. They only want! They're the one's that show up starring at the bolted gates of the closed plant, wondering what happened and crying about their years of service. No one owes you nothing. The company is not your daddy to take care of you. Grow up! Be an integral part of the company and mind the store. WAKE UP! BUILD A BETTER PRODUCT and the american public will come, wholeheartedly. We do not want to subsidize your ineptness. DON'T BLAME THE AMERICAN PUBLIC FOR THE DEMISE OF THE AUTO PLANTS. THE BLAME BELONGS SQUARELY ON THE BACKS OF MANAGEMENT, UNION, and WORKERS. They can't see the forest for their STUPIDITY and GREED! What other country pay their workers nearly $100/hr (pay & benefits), laze about without impunity, retire in their 40’s or 50’s?

WHERE?

TAKE A !#$@* PAY CUT!!!!!!!!!!!!!

IS THAT SO HARD? THE AUTO COMPANIES ARE NEAR BANKRUPT.

There are alot more important people than those auto execs that don’t fly around in private jets. !#@$!

This is why I am against BAILOUTS. These people don’t get it! There’s no compromise with these people. No logic or sense. They only want!

They’re the one’s that show up starring at the bolted gates of the closed plant, wondering what happened and crying about their years of service.

No one owes you nothing. The company is not your daddy to take care of you. Grow up! Be an integral part of the company and mind the store.

WAKE UP! BUILD A BETTER PRODUCT and the american public will come, wholeheartedly. We do not want to subsidize your ineptness.

DON’T BLAME THE AMERICAN PUBLIC FOR THE DEMISE OF THE AUTO PLANTS. THE BLAME BELONGS SQUARELY ON THE BACKS OF MANAGEMENT, UNION, and WORKERS.

They can’t see the forest for their STUPIDITY and GREED!

]]> By: Judy, Woodstown, NJ http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30262 Judy, Woodstown, NJ Tue, 25 Nov 2008 21:51:02 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30262 How can we possibly save the financial industry & not to want to do the same for a manufacturing co. that's been a part of our landscape for over 150 yrs. Where's our pride in Made In America. GM was on the right track before the gas & tight credit market turned all car companies into a tail spin. How can we possibly save the financial industry & not to want to do the same for a manufacturing co. that’s been a part of our landscape for over 150 yrs. Where’s our pride in Made In America. GM was on the right track before the gas & tight credit market turned all car companies into a tail spin.

]]> By: Jim, Portland Oregon http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30260 Jim, Portland Oregon Tue, 25 Nov 2008 21:32:56 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30260 Only in America would we destroy a multi billion dollar industry and hand it over to the a foreign nation. When 3 million Americans lose their jobs, they should look at their foreign car driving neighbors. Anywhere else on the planet the people would be quite angry slashing foreign car tires if not torching them outright. Only in America would we destroy a multi billion dollar industry and hand it over to the a foreign nation.

When 3 million Americans lose their jobs, they should look at their foreign car driving neighbors.

Anywhere else on the planet the people would be quite angry slashing foreign car tires if not torching them outright.

]]> By: Pat, Los Angeles, CA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30235 Pat, Los Angeles, CA Tue, 25 Nov 2008 17:02:40 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30235 I am TIRED of the BELLY-ACHING! THIS AIN'T WELFARE! I am not responsible for maintaining the generous lifestyle of UAW employees and their families or anyone else. Tell that to your UNION. In fact, instead of pleading for more pay and benefits, you should have pleaded for a better ran companies TO PROTECT YOUR JOBS. The UAW RANK AND FILE SHOULD HAVE INVOLVE THEMSELVES AND INSISTED ON COMPETITIVE CARS! When you see employees or management doing the wrong thing, benefits out of control; SPEAK-UP! Job protection is more than pay and benefits. There is no us vs them (management vs. employees). It should have been about the COMPANY! What's good for the company is good for ALL! THE UNIONS AND MANAGEMENT NEED TO PRESENT A PLAN TO THE COUNTRY ON HOW THEY WILL COME TOGETHER TO FIX THEIR MESS!!!!!!!!!!!!!!!!!!!! Otherwise, let bankruptcy fix it or not! I am TIRED of the BELLY-ACHING!

THIS AIN’T WELFARE! I am not responsible for maintaining the generous lifestyle of UAW employees and their families or anyone else.

Tell that to your UNION. In fact, instead of pleading for more pay and benefits, you should have pleaded for a better ran companies TO PROTECT YOUR JOBS.

The UAW RANK AND FILE SHOULD HAVE INVOLVE THEMSELVES AND INSISTED ON COMPETITIVE CARS! When you see employees or management doing the wrong thing, benefits out of control; SPEAK-UP!

Job protection is more than pay and benefits. There is no us vs them (management vs. employees). It should have been about the COMPANY! What’s good for the company is good for ALL!

THE UNIONS AND MANAGEMENT NEED TO PRESENT A PLAN TO THE COUNTRY ON HOW THEY WILL COME TOGETHER TO FIX THEIR MESS!!!!!!!!!!!!!!!!!!!!

Otherwise, let bankruptcy fix it or not!

]]> By: LTP, Atlanta, GA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30180 LTP, Atlanta, GA Mon, 24 Nov 2008 20:58:45 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30180 I am not talking to those regular employees, I am talking about those CEO, Managers and all engineers and UAW. I wondering why those people knew they are facing with a tough compititive with foreign cars for many years and they have not done anything about it. Folks, please ask for yourself if you do enough homework like foreign engineers does or you folks just lazy and waiting for your pay check every 2 weeks and don't care about your children future ? Do you ever ask yourself why Toyota, Honda cost more than American cars but the customers keep comes back and buy more and more everyday ? Are those employees needs the Union in order to make a good car? how much they get pay? You folks knew the answer, Right? I think you folks needs to sit down and find a better way to get out of this mess, remember to work harder that the bottom line. I am not talking to those regular employees, I am talking about those CEO, Managers and all engineers and UAW. I wondering why those people knew they are facing with a tough compititive with foreign cars for many years and they have not done anything about it. Folks, please ask for yourself if you do enough homework like foreign engineers does or you folks just lazy and waiting for your pay check every 2 weeks and don’t care about your children future ? Do you ever ask yourself why Toyota, Honda cost more than American cars but the customers keep comes back and buy more and more everyday ? Are those employees needs the Union in order to make a good car? how much they get pay? You folks knew the answer, Right? I think you folks needs to sit down and find a better way to get out of this mess, remember to work harder that the bottom line.

]]> By: Sharon, Britton MI http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30169 Sharon, Britton MI Mon, 24 Nov 2008 20:27:48 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30169 I am a contract employee of GM going on 7 years. Ive seen a lot in my short time here. Its the same old good ol boy syndrome around here. People get hired because of who they know, how long theyve known them etc. I see people sleeping on the job in the plants. Hi lo drivers drinking beer in a dark corner and hopping back on the equipment. People sent to rehab only to get their jobs back because they are Union protected. On the other hand - my dad gave GM close to 40 years of his life. He relies on his pension. He relies on benefits to keep him healthy and refill his pain meds from injuries sustained on the job. My feelings are 50/50. GM fed my family my entire life. I provide a service to them and in return I feed myself. Do I think the entire economy should suffer? No. But I think the govt should step up. Hold them accountable. Demand action plans and long term goals of how they aim to become profitable, build fuel efficient cars so when I drive an hour to work one way my pay check is not lost in my gas tank, and preserve our environment. And when they dont deliver - make them pay for their short comings. If the govt is willing to allow the economy to go downstream, then they need to give us some hope and tell us what they are going to do to put us back to work and the plan needs to work. The problem is: time. It all takes time. time to fail and time to rebuild. Everyone needs to take a bit of the blame here. From the auto industry CEOs,the govt, the assembly line worker.. We all have short comings. At the end of the day - whats the right thing to do for the country. Not for one individual. For everyone. I am a contract employee of GM going on 7 years. Ive seen a lot in my short time here. Its the same old good ol boy syndrome around here. People get hired because of who they know, how long theyve known them etc. I see people sleeping on the job in the plants. Hi lo drivers drinking beer in a dark corner and hopping back on the equipment. People sent to rehab only to get their jobs back because they are Union protected. On the other hand – my dad gave GM close to 40 years of his life. He relies on his pension. He relies on benefits to keep him healthy and refill his pain meds from injuries sustained on the job. My feelings are 50/50. GM fed my family my entire life. I provide a service to them and in return I feed myself. Do I think the entire economy should suffer? No. But I think the govt should step up. Hold them accountable. Demand action plans and long term goals of how they aim to become profitable, build fuel efficient cars so when I drive an hour to work one way my pay check is not lost in my gas tank, and preserve our environment. And when they dont deliver – make them pay for their short comings. If the govt is willing to allow the economy to go downstream, then they need to give us some hope and tell us what they are going to do to put us back to work and the plan needs to work. The problem is: time. It all takes time. time to fail and time to rebuild. Everyone needs to take a bit of the blame here. From the auto industry CEOs,the govt, the assembly line worker.. We all have short comings. At the end of the day – whats the right thing to do for the country. Not for one individual. For everyone.

]]> By: Pat, Los Angeles, CA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30139 Pat, Los Angeles, CA Mon, 24 Nov 2008 17:48:17 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30139 I personally know a guy who worked for Ford. He retired 10 years ago in his 40s. (shameful) He brags he receives almost his entire pay and benefits sitting on his butt. Before that, he spent more time off-work due his manipulatins of union job-protection benefits. Currently, he is a fat-cat, laughing all the way to the bank. I would love to see his benefits eliminated. He young enough to work. I do. These benefits are ridiculous. I do not want my tax dollars going to shore-up these outrageous benefits of tired, overburden dinosaurs (companies) who act more like a great welfare fraud ring than a business. KICK THE BUMS OUT!!! I personally know a guy who worked for Ford. He retired 10 years ago in his 40s. (shameful) He brags he receives almost his entire pay and benefits sitting on his butt. Before that, he spent more time off-work due his manipulatins of union job-protection benefits.

Currently, he is a fat-cat, laughing all the way to the bank.

I would love to see his benefits eliminated. He young enough to work. I do. These benefits are ridiculous. I do not want my tax dollars going to shore-up these outrageous benefits of tired, overburden dinosaurs (companies) who act more like a great welfare fraud ring than a business.

KICK THE BUMS OUT!!!

]]> By: Dave, Boston, MA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30137 Dave, Boston, MA Mon, 24 Nov 2008 11:35:33 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30137 Failed leadership in the free market shouldn't be supported with taxpayer's dollars. The auto industry should fall. Out of the ashes of their ruin, like the phenoix rising, others will step up to claim the market share. Failed leadership in the free market shouldn’t be supported with taxpayer’s dollars. The auto industry should fall. Out of the ashes of their ruin, like the phenoix rising, others will step up to claim the market share.

]]> By: Petros( LOL), Patra, Greece http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30085 Petros( LOL), Patra, Greece Thu, 20 Nov 2008 21:50:45 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30085 You really refuse to realise that 3 500 is the bottom? Or is it gonna be 2 500? You really refuse to realise that 3 500 is the bottom? Or is it gonna be 2 500?

]]> By: wadster, detroit, mi http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30084 wadster, detroit, mi Thu, 20 Nov 2008 21:41:14 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30084 Removing GM today is the obvious thing to say. But replacing it with Toyota does not make sense for two reasons. #1 America is not Toyota's number one market for cars as compared to the rest fo the world. #2 you talk about level playing fields. Although never really proven it has been hoghly speculated that the japanese governments supports Toyota. If the US gov't took a stake with a bail-out you would want to remove GM how can you replace with a company that most observers believes already receives Government support. Speaking of governemnt support, it was announced today that Citi got a $25B injuection from the Fed's. At it's closing price of $4.71 that left it with a market cap of $25B. How much of a stake did the governemnt receive for its injection? I don't believe it wise to be making adjustments to the Dow when basically the entire American market is suffering. Picking out one company seems to be a difficult thing today in today's reality. Removing GM today is the obvious thing to say. But replacing it with Toyota does not make sense for two reasons. #1 America is not Toyota’s number one market for cars as compared to the rest fo the world. #2 you talk about level playing fields. Although never really proven it has been hoghly speculated that the japanese governments supports Toyota. If the US gov’t took a stake with a bail-out you would want to remove GM how can you replace with a company that most observers believes already receives Government support.

Speaking of governemnt support, it was announced today that Citi got a $25B injuection from the Fed’s. At it’s closing price of $4.71 that left it with a market cap of $25B. How much of a stake did the governemnt receive for its injection?

I don’t believe it wise to be making adjustments to the Dow when basically the entire American market is suffering. Picking out one company seems to be a difficult thing today in today’s reality.

]]> By: David Frantz http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30082 David Frantz Thu, 20 Nov 2008 21:24:49 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30082 I think the big 3 should file Bankruptcy all on the same day and put America on it's hands and knees and get it's ATTENTION! WAKE UP our nation is TANKING can't you people see this! Cut the CRAP Washington: WE NEED LEADERSHIP...NOW! That's NOW!!!!!!! You to UAW... you had a good run but it's time for REALITY! Enough is ENOUGH! We don't have much time left We are right at the BRINK! of a total collapse! I think the big 3 should file Bankruptcy all on the same day and put America on it’s hands and knees and get it’s ATTENTION!

WAKE UP our nation is TANKING can’t you people see this!

Cut the CRAP Washington: WE NEED LEADERSHIP…NOW! That’s NOW!!!!!!!

You to UAW… you had a good run but it’s time for REALITY!

Enough is ENOUGH! We don’t have much time left We are right at the BRINK!
of a total collapse!

]]> By: Henry, New York, NY http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30081 Henry, New York, NY Thu, 20 Nov 2008 21:22:50 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30081 The DOW should represent U.S. industry and should therefore be made up of major components of the U.S. economy. GM supports over 2 million jobs, and therefore shoudl stay. You can't keep pulling bad companies out of the DOW, otherwise it will just be a beauty pageant for successful U.S. companies and have no relevance to how the U.S. economy is functioning (this assumes that share price is a good indicator of corporate worth) The DOW should represent U.S. industry and should therefore be made up of major components of the U.S. economy. GM supports over 2 million jobs, and therefore shoudl stay. You can’t keep pulling bad companies out of the DOW, otherwise it will just be a beauty pageant for successful U.S. companies and have no relevance to how the U.S. economy is functioning (this assumes that share price is a good indicator of corporate worth)

]]> By: Jerry, Northern Virgina http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30080 Jerry, Northern Virgina Thu, 20 Nov 2008 21:22:34 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30080 No Gm should not be removed from the DOW! GM will be back and be back strong. With the measures GM has put in place that will take effect over the next year will make GM the major force in the autombile industry again and other companies will be changing to be like GM. Everyone talks about how great Toyota is, do some research and see how good they are or not. Chevrolet (23.36 mpg) as a whole is numer 3 (this includes their trucks and suv's) in the nation behind only Mini (27.66) and Honda (23.81) for fuel economy in the nation. Toyota was number 10 (21.6 mpg). So much for being the best. This is based on the EPA and Department of Energy data. The person who wrote this article should do some research about the the car business before he jumps to a conclusion like this. If GM goes away or Ford either this recession will turn into a long depression. No Gm should not be removed from the DOW! GM will be back and be back strong. With the measures GM has put in place that will take effect over the next year will make GM the major force in the autombile industry again and other companies will be changing to be like GM. Everyone talks about how great Toyota is, do some research and see how good they are or not. Chevrolet (23.36 mpg) as a whole is numer 3 (this includes their trucks and suv’s) in the nation behind only Mini (27.66) and Honda (23.81) for fuel economy in the nation. Toyota was number 10 (21.6 mpg). So much for being the best. This is based on the EPA and Department of Energy data. The person who wrote this article should do some research about the the car business before he jumps to a conclusion like this. If GM goes away or Ford either this recession will turn into a long depression.

]]> By: S. Sheth, Novi, Michigan http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30078 S. Sheth, Novi, Michigan Thu, 20 Nov 2008 21:17:45 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30078 Reading these comments by the public and articles by media conveys an important aspect of today's landscape - that there is a strong lack of understanding, loyalty and sense of nationalism regarding the economic climate. What is the intention of this article? Is this the real concern, whether GM is part of DOW? The last time I checked, we are all on the this ship together. Those that choose to take a superiority stance on the condition fail to grasp the real concept, that we as a country are on the brink of a very difficult, potentially irreparable diversion to the way of life we've come to enjoy. Joining together, conveying optimism, loyalty, strength and seeking to fully understanding the underlying issues may not solve the problem, but certainly opens the path for a more productive discussion of how we can keep this powerful ship afloat. Reading these comments by the public and articles by media conveys an important aspect of today’s landscape – that there is a strong lack of understanding, loyalty and sense of nationalism regarding the economic climate. What is the intention of this article? Is this the real concern, whether GM is part of DOW? The last time I checked, we are all on the this ship together. Those that choose to take a superiority stance on the condition fail to grasp the real concept, that we as a country are on the brink of a very difficult, potentially irreparable diversion to the way of life we’ve come to enjoy. Joining together, conveying optimism, loyalty, strength and seeking to fully understanding the underlying issues may not solve the problem, but certainly opens the path for a more productive discussion of how we can keep this powerful ship afloat.

]]> By: Zeus Smith, Sacramento, CA http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30077 Zeus Smith, Sacramento, CA Thu, 20 Nov 2008 21:12:39 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30077 No ~ it should stay there. It is indicative of the actual state of US economy. Removing it is just a denial of our financial crisis right now, cause by those greedy companies who prey on the greedy and ignorant people who lived way, way beyond their means. Now, even the innocent ones are victimized by these greed. NO TO BAILOUT. Let the greedy ones (companies & individuals alike) fall and fall hard! No ~ it should stay there. It is indicative of the actual state of US economy. Removing it is just a denial of our financial crisis right now, cause by those greedy companies who prey on the greedy and ignorant people who lived way, way beyond their means. Now, even the innocent ones are victimized by these greed. NO TO BAILOUT. Let the greedy ones (companies & individuals alike) fall and fall hard!

]]> By: CB, Ft Lauderdale, FL http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30076 CB, Ft Lauderdale, FL Thu, 20 Nov 2008 21:05:59 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30076 Brilliant! The solution is more of the same. Change the perception rather than the reality...it's so much easier. Heck, we should do this for our public schools also. Take all the lowest performing children and kick them out of school and **tada** we have a competent public school system! This idea has been the cornerstone of the Bush Administration and look how well that has worked out. Just because you don't have any answers to a problem doesn't mean that the answer is to alter the question. Hopefully, this economic downturn will "displace" people with ideas like these that has sent the country into a "confident" downward spiral. Brilliant! The solution is more of the same. Change the perception rather than the reality…it’s so much easier. Heck, we should do this for our public schools also. Take all the lowest performing children and kick them out of school and **tada** we have a competent public school system! This idea has been the cornerstone of the Bush Administration and look how well that has worked out. Just because you don’t have any answers to a problem doesn’t mean that the answer is to alter the question.

Hopefully, this economic downturn will “displace” people with ideas like these that has sent the country into a “confident” downward spiral.

]]> By: Jack, Dallas, TX http://cnnmoneytalkback.blogs.cnnmoney.cnn.com/2008/11/20/kick-gm-out-of-the-downow/#comment-30075 Jack, Dallas, TX Thu, 20 Nov 2008 21:01:30 +0000 http://cnnmoneytalkback.wordpress.com/?p=397#comment-30075 Yes -- GM should be removed from the Dow -- GM should file bankruptcy and start reorganization for the future. If they emerge and become a viable company again they could be added back. Yes — GM should be removed from the Dow — GM should file bankruptcy and start reorganization for the future. If they emerge and become a viable company again they could be added back.

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