Quote:
Originally Posted by Russo
excuse me, how many other big companies failed over the last six years? GM got bailed out simply because of the union voting block..
Three things contributed to the fall:
Unions
Government
Mismanagement
by the government instituting "non-right to work" laws, they crippled the ability for GM to hire cheaper labor that would keep them competitive against other manufacturers.. the unions ate GM from the inside out by their strong arm tactics (as they do with any host they leech off of).. finally, the mismanagement of GM through union contract negotiating as well as the failure to manufacture a product that people wanted to buy.. it's quiet easy to see why they failed and I'm shocked that most people who work in the private industry doesn't see this..
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Really? It was the unions? I suggest you read the following article from April 2005 and tell me where this person has it wrong. (Allan Sloan is an American journalist who is senior editor at large at Fortune magazine.)
http://www.washingtonpost.com/wp-dyn...2005Apr18.html