GM going Out of Business

["Brien Tourville" <hh7x@xxxxxxxxxxx>]

From: farna@xxxxxxx
Subject: Re: GM to cut 30,000 jobs, close 12 plants
To: mail@xxxxxxxxxxxx
Message-ID:


On November 22, 2005 andrew hay wrote:

> one of the plants they want to close - georgia - makes minivans. 
> back in the '90s they decided to invest in suv development, not
> minivans, and now toyota and mopar are eating their lunch in this
> segment.  gm's reaction?

Sometimes it's better to get out of one segment and concentrate on
others where you do better. AMC should have stayed in the
value/economy car segment with a few more upscale offerings based on
the value/economy offerings (ala 63-64 Classic Ambassador) than try 
to
compete with GM/Ford/Chryco with head to head offerings. They'd have
been healthier through the 70s and there's a possibility they might
still be with us, though it's doubtful they would have remained truly
independant -- Renault would probably still be in there (I hate to
say). At least they would have lasted longer. But all that's good ole
hind sight! 


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Well...... if I had the capacity......... I'd have more GM stock 
options in a portfolio than that what's his name who recently
block purchased some large % holdings.

GM is moving toward outsourcing as most are.

The market is beating down GM to flip it later once everyone
is on-board.

IF Washington gets the Lo-Sulphur fuel accepted by all States >
GM can drop in Diesel powerplants into most of their existing
model lines............... and this includes Hybrids > which they
have at the ready > straight into those loving SUVs'.

As to the Health - Medical - Retirement Benefit incurred, 
part of doing business
at that time and they either made money then or not.

I am not with the sons' of Bitches now calling to cut loose the
Retirements & Medical Care of previous or current employees.

"I ate my slice - now gimmie yours cause I'm low on dough" .

That is theft greased with sleeze ethics - regardless of how it 
brightens up ones' stock standing via 'Creative Economics".

I watch the CNBC presentors rail on about the costs of the Retired
for GM while running comparisons between not having these and
what current stock pricing is.

Then the next week > I watch these same people suddenly sober as
to their possible supporting and influence of having so many retired
workers lose their health and retirements simply for a better stock 
rating - a position their pushing - ...... like telling the guy to 
"Jump - Jump you dumb shit - come 'on and Jump" .......... 
and then......... there is a corpse at their feet.......... 
'A new American Corporate Sleeze Ethic' - as touted by American 
Press.

Stock pricings change with each and every cataylist you can 
imagine....... politics - hurricanes - droughts - wars - maybe wars - 
elections etc. , so destroying lives of people who did the work with
agreed contracts doesn't sit well with me.  

The men at the Top
aren't having THEIR package > agreed upon and provided for 
in return for doing / having done their job > hacked out from 
underneath them > nor is this being called for by the Business TV-
Cable Channel programs.

GM takes care of their own > old school and presentable -
'a contract made / a contract kept'.

Not making your portfolio enough cash ?   

They are one of the TOP Dividend paying Corporates.

Washington Politicians put the hit on GM [perhaps their portfolios 
sought cheaper GM stocks >? ]  

GM - who had spent their development monies
on DIESEL HYBRIDS > which is right on the money in Europe >
which is going thru what one Senator aptly put:  DIESELIZATION.

Hear the Gas Moguls cry to the Senate Hearings about the 'Boutique 
Fuels' they make  - one reason given for their jacking the price of 
fuel up ?

Why all this crap here in the USA as to Fuel Prices ?

Because > you have Washington OKying consolidation of
Corporates that were once competitiors while they buy in
on the projected earnings per share jump.

I want that CEO of EXXON / MOBIL for our next President 
because that sone of a Bitch is PRETTY!

As a friend stated to me for a 'cure' of this collusion between
the Fuel Moguls and their 'pay or fuk off' attitude > which 
CNBC seems to support as 'Free Market Pricing' > although there
are memos out from the Oil congloms as to closing refineries
for higher profits according to one CNBC interviewee >
which CNBC never followed up on ..........

Line the 7 of those Moguls up - put a bullet in the back of a random 
selections head - and direct the remaining to sharpen their pencils
on Retail Pricing for the country that gave them their opportunities
to not be feeding their families from charity handout stations.

I find this abstraction somewhat reasonable considering Diesel in
Alaska is $6.00 gal. > and most Farm Industries are closing here in
the USA.   



GM  going out of Business > ?   





             Brien.
         NEW YORK