Wednesday, May 20, 2009

Why Banks Succeeded and GM Went Bust?

Maybe the banks success in getting fresh cash, induced some "smart" business leaders in playing the same game for car manufacturers.

Obviously I am not privy to those shenanigans; but as I see it, either this is true, or it is easier to play money games than to make workers work. To make a real car you have to have a functioning factory, in more ways than one. To make a bank work, you need cash.

It would seem then than the US is awash with stolen booty from past wars still.

I don't like to see a Chrysler and a GM in bankruptcy court. Today is a sad day for the American Dream.

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