Comments on: How to Save GM

By: guy rinker

guy rinker — Sun, 08 Mar 2009 20:21:32 +0000

Dear Sir and or Madam:

I would like to share an idea that I truly feel would stimulate this economy for the many ladders that accompany the Auto Industry.

Begin a used car rebate system – Have the government buy cars that is in the year range of 5 to 10 years old. Once the government purchases the vehicle it is automatically destroyed and the worry of these gas hog vehicles are disminished. Each person that chooses to sell their vehicle back to the government will receive a Voucher worth 2 times the Blue Book value of the vehicle is 10 years or older git 3 tines the blue book value that may only be used towards a new American Made Vehicle from one of the BIG 3.

This would help to stimulate the economy in a varity of ways from the Auto Dealers, Newspapers for advertising, Suppliers to Goodyear tires and evern back to the banks. If the dealer chooses to add incentatives to the voucher for a better deal, great. I would continue this program for at least 3 years to help rebound the negative effect that this impact has so to speak crippled the economy.

I feel that giving to the banks is only a visious cycle that will be on-going until we see a total coplase in the US economy, what will happen then when we possibly go to war run around naked and throw rocks and then sat down and pray! It is not that easy.

By: eto

eto — Sat, 06 Dec 2008 09:43:57 +0000

Blaming the unions is class warfare. You are unfairly singling them out for wanting healthcare, retirement, and a better future for their children. Sound familiar? It used to be the American dream.

By: Political Humor

Political Humor — Sun, 30 Nov 2008 18:46:24 +0000

I really like what you had to say here! It\’s about time! Would you mind if I placed a link back from my blog?

By: Retroman

Retroman — Thu, 27 Nov 2008 21:06:14 +0000

Please read the message above, written by Mr. Jim Wolfe, and understand the intelligence of an U.S. car manufacturing worker. This guy can’t even write in English let alone put together a car.

Union has ruined Detroit and they deserve to go down. Let them fail and learn their lesson. We CAN create new smart and competent car manufacturing company from the ashes of GM.

We should not bail out GM…It is just like natural selection..Fittest will survive, GM will fail…

Happy Thanksgiving to Everyone,

Michael Seid

By: JOE WOLFE

JOE WOLFE — Mon, 24 Nov 2008 03:17:05 +0000

I JOE WOLFE have been a loyal customerfor over 30 yrs to GM I work for a shit hole outfit named delphi in kokomo indiana if I’d of known the stuff delphi was going to do to us I never would of come to work for this company after gm got out the place went to hell like I said im loyal to GM not delphi there not a loyal place of business but enough of me about delphi what I’m trying to find out is I don’t have alot of money but to save GM I’d give all of my 401k to try an save gm but in return if GM got on there feet again that I not be forgotten for helping the company I CARE FOR THE MOST I have other family members that work at chrysler but I’m not loyal to chrysler they wouldn’t even give me a chance but GM did an for that I’ll do what I can to help safe GM, plus I’M A DIE HARD CHEVY MAN but Ithink chrysler has a nicer truck since they’ve reinvinted there truck the looks alone are kick ass I’M A CONCERN buyer for GM I hate to see a foreign company take over something GM has worked so hard for the american people when the american people opened up nafta this country went to hell stick those forigen cars in there asses ILL ALWAYS BE LOYAL TO THE GOOD USA OF A AMERICAN 3 I’d buy any of the big 3′s before i’d give my hard earned money to those foriegn assholes thx JOE WOLFE

By: Mario

Mario — Mon, 24 Nov 2008 00:25:26 +0000

Just visit the Vauxhal/Opel site and see the great work that the other Divisions are doing. Use these cars in Canada.
I would buy any one of those cars over the Toyohondas.

By: Rick D

Rick D — Mon, 17 Nov 2008 21:59:50 +0000

Farming out jobs to another country doesnot make sense. By lowering both management and production wages the big 3 could lower expenses. ie. 10.00 hr times 100,000 workers relates to 1 million/hr savings. Sure beats the alternative. Management doesnot deserve bonuses unless profits are made. Auto makers across north america must take responsilility or face reality.

By: Ender

Ender — Sat, 15 Nov 2008 04:59:56 +0000

Actually it is much much easier than that. Just start manufacturing cars the people want to drive…just go to Tesla and say “hey that’s a nice electric car you got there…we want to manufacture it for cost plus 15%” It’s that simple…mass produce a car the American people want.

By: Greg Vernon

Greg Vernon — Sat, 15 Nov 2008 03:27:57 +0000

@bizkit, Updated. I was writing this while chatting on Facebook and since I didn’t expect anyone to really read this I didn’t proof it.

@brian, I did a quick fact-check and you’re right about the Volt. I *thought* I saw somewhere they were cutting the Volt due to the current budget crisis, but that project is safe.

Also, I’m not saying GM doesn’t deserve to be here, and likely the only thing to save their company will be a chapter-11. But there is the slim possibility they will end up in Chapter-7 since the loans GM needs to operate under Chapter 11 essentially unavailable due to the wall street meltdown. (CBSNews, and we all know how good they’re at fact-checking)

By: Camboozle

Camboozle — Sat, 15 Nov 2008 03:21:53 +0000

I agree with most of what you say however I have issue with number 5.

As an alternative I’d like to see the union codes rewritten with the executives from scratch in a manner that protects american workers but allows the company to be prifitable; protecting american jobs. The drastic thing that needs to happen; in my opinion, is for the govt. to let GM fall so they can get out from under the union workers inefficient control as well as be forced to become innovative and meet significantly raised economy and emissions standards.

If they fell and later started the company again from scratch they could benefit from new more efficient manufacturing layouts and practices, benefit from state tax and utilities benefits from creating new jobs, hire non-union personnel – and if the union wants to strike let them and eventually the workforce will come back when they get hungry and can’t find jobs in our 6.5% unemployment rate.

If you send jobs overseas GM and any other company that does so shouldn’t recieve a single tax deduction. Don’t penalize them but don’t reward them either. That directly and indirectly hurts our GDP and takes food from American tables. Bad move in today’s economy.

Everthing else you’re spot on.