Comments on: Off the Cliff

By: RaiulBaztepo

RaiulBaztepo — Sat, 28 Mar 2009 20:49:20 +0000

Hello!
Very Interesting post! Thank you for such interesting resource!
PS: Sorry for my bad english, I’v just started to learn this language ;)
See you!
Your, Raiul B

By: marsha

marsha — Fri, 06 Mar 2009 13:40:14 +0000

Shame on Americans-I believe the stock market will crash with the failure of GM.Why would any American want the last American manufacturer to go bankrupt?Retirees have already lost their savings in the market and now to loose their pensions- only in Russia do they say to bad to their seniors- oh but we are in America.Lets root for America to suceed not root for our demise.Do we want China and Japan to manufacturer everything we use.Lets look at the big picture.

By: Tony

Tony — Fri, 06 Mar 2009 08:20:52 +0000

I really hope that politicians’ support of the first round of aid to GM becomes a campaign issue. I can’t think of a poorer investment than to pour Billions more in taxpayer loans into companies than the companies are actually worth as measured by market value, and without a legitimate plan to return to viability. GM’s current flirtation with bankruptcy proves the initial investment of taxpayer money was absurd. It’s time to let these companies go bankrupt, suffer the consequences of their antiquated business model, and reorganize on their own dime into a structure than can be profitable.

By: Randy Beebe

Randy Beebe — Fri, 06 Mar 2009 05:52:26 +0000

Hey all you pro foreign product people.How long have you lived in this country?Do you remember world war one or two?Did you have a relative who died in tne war.How many americans were killed and tortured by the japanese or the north koreans,Germans.You dishonor all their deaths when you dont support american products,what few there are left.Men and women risk there lives each day for this nation.Whats the point if our own citizens are going to sell us out.keep it up and your job will go sooner or later.Unions that are being bad mouthed are the reason that the wages for everyone have risen.Watch what happens after this great rush to the bottom of the wage scale.You think there isn’t some foreigner out there willingto do your job for a lot less.Wake up people before it to late

By: Kathryn

Kathryn — Fri, 06 Mar 2009 05:39:57 +0000

……..I think they should file for bankruptcy, That’s prbably that is the only way to avoid paying huge severance packages to all the executive that have been on duty….those contracts should be made null & void….
If the average American does a poor job, all they get is a pink slip…..that is all they should get for doing such a poor job.

By: Kathryn

Kathryn — Fri, 06 Mar 2009 05:22:34 +0000

I think the executive officers of these companies should be putting their OWN MONEY into their companies!
If they are so sure their companies can succeed………then invest some of the MILLIONS they’ve made while the companies has deteriorated.
Maybe the “bail out” should be a “match” to their investments……and maybe they’ll all get even richer when things get better,huh??

By: Neal

Neal — Fri, 06 Mar 2009 01:42:02 +0000

Let GM go into bankruptcey. The
CEO should lose his job. He has not been a very good leader up to now. It’s his fault GM is in the situation they are in anyway. Most of their employees make too much in comparison to other car companies besides. Being in bankruptcy doesn’t mean they will have to close their doors, just make budget concessions.

By: Judy

Judy — Fri, 06 Mar 2009 01:12:37 +0000

Why should we worry about bailing out GM, these people are a bunch of uneducated overpaid employees who have better benifits than anyone else in the country. They are not willing to give up anything to keep their jobs. So why should the American people who have lost their jobs care or feel obligated to jump over the cliff for these people.
The people who have the money to buy cars now. Want a better more dependable car. They want to get their money’s worth also.
I say good riddence. I don’t owe them anything. I wouldn’t drive one of their cars if they gave it to me. Once you have had a Toyota, you never go back.

By: Mary Williams

Mary Williams — Fri, 06 Mar 2009 01:05:21 +0000

I dare anyone to blame the union for Gm mess they got themselve in. I worked hard at Gm I thank god for having a union to stand up for us. We deserve all the benefits that the union got for us and deserve more.Its easy for people to say go into bankruptices because they never worked there. But out!

By: bill mckee

bill mckee — Fri, 06 Mar 2009 00:50:08 +0000

please remind people the “GM” is not just a Corporation. It is thousands of friends and families just like you and I. We need (must) keep them working. I truly believe that we need a U. S. auto industry. If not, you might as well sign over this country to China.