Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: HPilot who wrote (434520)	11/12/2008 11:48:38 AM
From: Alighieri	1 Recommendation Read Replies (1) \| Respond to of 1574705

Most people know the cars are good, Yeah...well, they are competing against guy's whose cars are great and whose relevant lineup is better and whose brand name is golden. Al

To: HPilot who wrote (434520)	11/12/2008 12:01:50 PM
From: i-node	2 Recommendations Respond to of 1574705

Most people know the cars are good, the gas hike, unions, and poor financial management is what did them in. When a business that is both labor and capital intensive has almost no control over its labor, it has a difficult task ahead of it. The auto builders have their own selves to blame for allowing the unions to get so much power -- no doubt about that. But a person can get a reasonably fuel-efficient American built car if they choose to do so. It costs a lot of money to retool a plant to build, for example, the tiny cars they drive in Europe, and they have to weigh the potential value in selling such cars versus that of selling big Caddys. There is no doubt bad decisions have been made, but the range of possible decisions is vastly limited by the presence of unions who can veto anything that improves efficiency within a plant.