Re: GM Deathwatch
 

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The future for GM lies in China and Asia in general. A few billion people without cars and growing incomes looks more appealling than our shrinking economies.

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I would change it to say a few billion people who will work for less than a dollar a day. That's why the future of American industrial effort, large and small, lies in Asia and India. The labor* is just too cheap to ignore.

*And the lack of environmental regulation, worker protections or strict oversight of any kind--except over who is getting the money.

Re: GM Deathwatch
 

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*And the lack of environmental regulation, worker protections or strict oversight of any kind--except over who is getting the money.

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Whoa now...China looked like a dreamland! All the pretty scenery, no pollution, everyone joyful...has to be true, I saw it on the Olympic broadcast! https://www.yenko.net/ubbthreads/imag...iggthumpup.gif

Re: GM Deathwatch
 

Bill is absolutely right on. The multi-nationals, with the unelected WTO as their front, are playing us off against the rest of the world. They love free trade. I read an article last year. In it they stated that with $148 a barrel oil, it was almost to the point where it was going to be cheaper to make stuff here again. Shipping costs were getting out of sight. Perhaps expensive oil is actually our friend. Something to think about.

Re: GM Deathwatch
 

Opel sale to Magna nixed by GM...

http://news.sympatico.ctv.ca/abc/home/co...fopel_gm_091104

https://www.yenko.net/ubbthreads/imag...lins/dunno.gif
~ Pete

Re: GM Deathwatch
 

Windsor Ontario plant closes...

http://news.sympatico.ctv.ca/home/gm..._lost/50939a44


GM buying AmeriCredit...

http://media.gm.com/content/media/us/en/...722_americredit


Interesting reading - Motors Liquidation Co...

http://en.wikipedia.org/wiki/Motors_Liquidation_Company



[img]<<GRAEMLIN_URL>>/stupid.gif[/img]
~ Pete