Like many of us I am watching the tragedy known as Detroit. Right now the city is desperate to keep GM headquartered downtown.
The old rust belt industrial model (high union wages and stupid workrules, political busybodies and really dumb corporate management) broke 30 years ago. Maybe it's time for GM to move its headquarters and rebuild elsewhere. I suggest Texas.
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It's not the location. It's the people. Massholes moved from their high tax, high regulation, old mill towns of northern Mass to southern New Hampshire, and turned NH, Democrat, high tax, high regulation.
Years ago I was out in Oury, Colorado for a week. Paradise. Until I was drinking in a few bars. The locals were getting bought out by basically retired California city and state retirees that were fleeing CA with their pensions. Being government people, being retired and having pension income higher than the average working income, they were running for office on platforms of 'improvement'. Paving little used rural roads, agitating for new school, fire and police palaces and raising taxes.
Leftist are like a kind of herd of wealth grazing buffalo. The eat everything to the dirt, then move on, leaving destroyed economies, high taxes, many poor, a small elite rent seeking elite.
No, you don't want GM in Texas. Ford, maybe.
Let GM die. Right now it is in Government run corporate life support for a billion a month.
When it dies, the rest of us non union workers will through taxes insure the union pensions. ( nice, eh? )
I've always thought Detroit is a stupid place for GM, Ford and Chrysler to be. Cars for the most part are bought based on emotion and styling. When you think of cool and stylish do you think of Detroit? They need to be run like Apple... more style, less substance.
Apple has never turned a profit. Microsoft has, billions.
Detroit was in Detroit for coal from Pennsylvania, iron ore from Michigan, German machinist labor force.
Now there is little reason, if not even less.
Who cares, really? Except union hacks, fifth rate management that will work for anybody. Well, actually, nobody wanted them at all a few months ago, so the gooberment, the sucker of last resort with unlimited rape the taxpayer bank account rushed in to have intimate financial relations with the largest collection of management losers this side of a Russian concrete consortium.
The thing is GM and Chrysler are going to drag Ford down with them. Too bad, Ford, with still an essence of ownership with the Ford family, instead of rootless management ethos, might make it.
But that's no different than the government shipping urban father less crime families to suburban working class neighborhoods to drag them down.
I've been to Ouray. That's truly sad. I wish I could be one of those CA a-holes and buy a place in Ridgway. I promise to not try to change things (much).
And, um, Anonymous, that Apple comment is priceless. Pure blogger gold.
>>>>Apple has never turned a profit.
LOL!!!!!
GM is dead.
Yeah I loved the unprofitable Apple comment. Reminded me of an i'net argument about Warren Buffett's son...Jimmy.
Don't "transfer" the problems to Texas....GM will simply transport the people with the wrong way of thinking here...they need to stew in their own sauce to be able to accept change...warmer weather is not going to change anything.
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