Comments on: BREAKING: Government Motors CEO Fritz Henderson Resigns (Day b/f LA Auto Show)

By: JLin

JLin — Wed, 02 Dec 2009 14:39:05 +0000

Unionists and Marxists sre not builders of products or creators of wealth. They collect paychecks and viggorish money. They try to find a golden goose as in GM and squeeze it empty of its eggs. Then they move on to the next prey. Miners like entrepaneurs and wealth creators don’t naturally operate in a defensive mode to protect themselves from claim-jumpers and thieves, but it now appears we will all have to guard against the local communists in our communities looking to take their “share”. All part of the plan to pit haves against have nots in a perpetual conflict orchestrated by statists in central government.

By: Ken Blazek

Ken Blazek — Wed, 02 Dec 2009 13:25:42 +0000

I hope Ford can do well. I really like their products right now.

By: Shy Guy

Shy Guy — Wed, 02 Dec 2009 09:25:28 +0000

Even the Russian automobile industry is overtaking America!

By: seahawker

seahawker — Wed, 02 Dec 2009 04:35:05 +0000

Fritz Henderson was the only pre-Obama car guy on the bail-out panel. He’s been with GM since 1984 worked in many different capacities throughout the company a Harvard grad and was selected to replace Rick Waggoner long before this bail-out crisis.
It worries me that he’s probably being forced out at this critical juncture in the companies misfortune. GM would’ve filed bankruptcy 2 years ago reorganised there structure by deleted the unions altogether. No, they had to accept the apple from a corrupt government thinking they would be taken care as AIG and Bank of America. Only now GM is beginning to realize they signed they’re death warrant.
GM was showing alot of promise with its updated product line especially with Saturn Skys and Pontiac G8s, now these divisions no longer exist because none car people are the puppeteers and OL’ Fritz is the latest canon-fodder.
My primary question is when is Obama going to be held accountable for his failures. His stimulus package is a disaster with 10 percent unemployment, GM wont survive his administrations meddling where they’re just sucking the profit out of the company for next years campaign finances, and he’s waited 4 months to even pay attention to the military cowering in Afghanistan wanting for reinforcements.
Yet he trundles along without anyone questioning his authority. This is Bill Clinton all over again and I’m not sure this country full of selfish morons deserve to survive if they keep voting con artist into office. No matter what Bush put this country through if you replace him with a democrat prepare to face total disaster.

By: Charles Kirtley

Charles Kirtley — Wed, 02 Dec 2009 04:35:02 +0000

Consumers all over the world want the same things: Good quality at a price they can afford. Somehow GM, Ford and Chrysler have been unable to provide these things as well as than Toyota, Honda, etc.

By: Ralph

Ralph — Wed, 02 Dec 2009 04:30:41 +0000

So what you’re saying is, my brand new CAMARO is going to be an Edsel in the very near future?

Well, I’ll walk or crawl before I buy an Ecokooky Prius or a Smart Clown car-coffin-crossover.

By: Worry01

Worry01 — Wed, 02 Dec 2009 03:52:02 +0000

You are dealing with someone who is simply spouting off UAW talking points. The truth is that G.M. was killed by its union, federal government, as well as its management. Government sussidies might keep General Motors going for awhile, but as an independent and viable entity, it is already dead.

By: KingSlav

KingSlav — Wed, 02 Dec 2009 02:48:15 +0000

“The government didn’t do anything to put [GM] in this position, but is working to help keep it afloat.”

You can’t be serious. The government has done numerous things to bring on the failure of GM and harm all of the automotive industry in America. To name a few, endless mandates for fuel economy standards including but not limited to ever more punitive CAFE requirements, air bag mandates, emission restrictions, vehicle labeling mandates, new taxes and fees, and arcane vehicle classification standards that force manufacturers to build cars that consumers don’t want. As if this wasn’t enough, the government forced GM through a bankruptcy that defied all legal precedent in order to ensure that the union, its pension funds and the union leadership were spared the losses shouldered by stock and debt holders. And finally, to be accurate, the government is not “working to help” keep GM afloat. And finally any aid, assistance and the bailout GM received comes from American taxpayers and consumers–not the government.

By: Richard

Richard — Wed, 02 Dec 2009 00:48:14 +0000

Chrysler belongs to Fiat (ooh, lucky!) and GM is under the control of Obama. Chrysler’s been passed around like a roofied-up sorority girl at a frat party. Ford has come out of this pretty cleanly.

By: Not Ovenready

Not Ovenready — Tue, 01 Dec 2009 22:20:42 +0000

As long as as the union exists, it will be a never-ending fight between “workers” and “management”. It is in the interests of the union bosses to keep this fight going because the minute a permanent peace is declared, the union boss’ jobs (and perks) will be unnecessary. …..and where will they go? To the assembly line???? nah…..