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8044 messages, Last post on Nov 07, 2009 at 11:01 PM
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Replying to: circlew (Dec 01, 2008 5:38 pm) Smart guy. Nardelli has been there less than one year and Mullaly two years. Yep, they come in with a losing team and things get worse due to issues beyond their control. Yep fire them and bring someone else in. |
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Replying to: 62vetteefp (Dec 01, 2008 6:11 pm)  Regards, OW |
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Replying to: 62vetteefp (Dec 01, 2008 3:09 pm)
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Replying to: 62vetteefp (Dec 01, 2008 6:11 pm) You make a good point. That's why IMHO Wagoner is the only one who should be fired. He's clearly been in charge long enough and is not the right person to turn this around.
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Replying to: tlong (Dec 01, 2008 9:04 pm) Gotta agree. But CAR is not just made up of economists. They are a group of professors and engineers steeped in the car business and how it works. They know more about the auto business than anyone outside the companies themselves. |
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Replying to: tlong (Dec 01, 2008 9:12 pm) Now that makes sense. While I think that Wagoner did about all he could he is the only one that should be asked to leave. Most of those Congress who made comments are idiots on what is going on and grandstanding and have no idea what they are talking about. Truly disgusting point in our countries history. But if they are truly representing the thoughts of their constituents then so be it. Hearings been delayed til Thursday. |
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Replying to: kernick (Dec 01, 2008 5:38 pm) "Best minds in Washington." That's a great oxymoron. And it's going to get worse Jan 20. >Is this guy a PhD in economics? Actually all the PhDs don't seem to have served well in economics, have they. |
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>Most of those Congress who made comments are idiots on what is going on and grandstanding and have no idea what they are talking about. That's the truth. The "hearings" (political speeches) should have been led by facilitators such as the fellow discussed in the few previous posts with knowledge of the auto industry instead of politicians. I said that in previous posts. We'd be a lot further along in re what we could do and should do to save our auto industry from further damage from the imports.
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Replying to: imidazol97 (Dec 02, 2008 4:23 am) I will say I am impressed with the diversity of the folks he has been picking. Not that I agree with all of them but they actually are not just his close friends. I am so hoping he can do a good job and does like every politician, not keep his promises. Except in this case I hope he does the right thing for our country (not just auto related). |
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Replying to: 62vetteefp (Dec 01, 2008 6:01 pm) Collecting or getting data, is different from analyzing data. You can sometimes trust people in a biased organization - and by that I mean one that has friendly and/or financial ties, to collect data. But when it comes to analyzing the data, we have learned to use as neutral of people as we can to write an unbiased report. $ is too corrupting to allow people who are employed or otherwise benefit from the analysis, from writing the analysis. That is why we don't let power companies hire a consulting agency to come in and inspect their nuclear plants, or for drug companies to hire consultants to come in and review the testing, or for the home football team to hire the referees. But you don't even need any high-powered analysts to do this. Look at the history of companies that have fallen. It has never been the case that a single company failure brought down an entire industry, when customers still exist. When U.S. steel went under, other stell companies prospered. When DEC and Wang went others, Dell and HP grew. When General Dynamics and other defense contractors laif off hundreds of thousands in 1990, others prospered and the workers got other jobs. If you think the failure of GM is going to bring down the economy, then give some examples of failures that have done so. It just doesn't happen, as the world works on an equilibrium. If 12M vehicles are in demand here in the U.S. 12M will be bought and sold, no matter who's nameplate is on it. The market is very efficient in that respect. |
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