I think I have to put more of the blame on management rather than
labor on this one.

On Tue, Jun 2, 2009 at 9:42 PM, Gruss Gott <[email protected]> wrote:
>
>> Vivec wrote:
>>
>> "It is with sad irony that the company which invented "planned
>> obsolescence" -- the decision to build cars that would fall apart
>> after a few years so that the customer would then have to buy a new
>>
>
> Yes and no.  He's got the business strategy right, but he screws up
> the labor piece.
>
> Organized labor was essentially the mafia and extorted money from both
> its members and GM.
>
> The executives, for their part, allowed the extortion because they
> were on the gravy train too.
>
> The government should take over, but like they do with banks: eject
> the board and management, auction off the assets, and close down the
> rest.
>
> But the bottom line is that labor and management failed as a team.
>
> 

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