View Full Version : GM is so screwed...
OklahomaTuba
6/1/2009, 04:03 PM
So, were gonna nationalize our largest manufacturing company, throw billions more into, and put a friggin grad school student working in the mail room in charge of the whole thing????
BRILLIANT!!
The 31-Year-Old in Charge of Dismantling G.M.
WASHINGTON — It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.
But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry.
http://www.nytimes.com/2009/06/01/business/01deese.html?_r=2&ref=todayspaper
olevetonahill
6/1/2009, 04:05 PM
This I agree wit ya on
But hell mebe the kid can come up with some good ideas and **** .
OklahomaTuba
6/1/2009, 04:10 PM
Sure, lets find out!
Its only going to cost us all billions of tax money, so what the hell.
olevetonahill
6/1/2009, 04:12 PM
Sure, lets find out!
Its only going to cost us all billions of tax money, so what the hell.
Its gonna do that anyway
NYC Poke
6/1/2009, 04:37 PM
Will he get course credit for this?
Fraggle145
6/1/2009, 04:59 PM
I bet its his final project.
XingTheRubicon
6/1/2009, 05:43 PM
Carlton Whitfield didn't do too bad, let's see where this goes.
Will he get course credit for this?
Only if he gets published.
Do they do peer review in Law Journals? Because if so, that could be a bitch of a review process.
Scott D
6/1/2009, 06:32 PM
I think Tuba's just upset because he wasn't asked to do it first.
olevetonahill
6/1/2009, 07:00 PM
Hell let ME
Ill drill em till they drop
GottaHavePride
6/1/2009, 07:20 PM
Frankly, the US auto industry NEEDS someone in charge who doesn't know "how things work" - because things don't work "how things work".
JohnnyMack
6/1/2009, 07:51 PM
Hell let ME
Ill drill em till they drop
Psst......we're not talking about hookers.
olevetonahill
6/1/2009, 07:56 PM
Psst......we're not talking about hookers.
My bad :O
anyway what GHP said ;)
AggieTool
6/1/2009, 08:13 PM
So, were gonna nationalize our largest manufacturing company, throw billions more into, and put a friggin grad school student working in the mail room in charge of the whole thing????
BRILLIANT!!
Well the old farts in charge thus far haven't been doing too good of a job now have they?;)
I dunno why Obama picked this punk when Rod Blagoyavich is available.
I dunno why Obama picked this punk when Rod Blagoyavich is available.
Blago wanted too many special 'perks' in his contract. He needed legal fees paid, helmet hair sculpting, and jobs for his 6,000 member "family" too..
OUAlumni1990
6/1/2009, 08:34 PM
Well what do you expect? The dude was probably unemployed to begin with and so they offered him a job that nobody else wanted no matter what the salary was. It was this job or starve. I know cause thats how I got my job. :cool:
olevetonahill
6/1/2009, 08:55 PM
Well what do you expect? The dude was probably unemployed to begin with and so they offered him a job that nobody else wanted no matter what the salary was. It was this job or starve. I know cause thats how I got my job. :cool:
They shoulda offered it to Tommie :mad:
Well the old farts in charge thus far haven't been doing too good of a job now have they?;)
GM's problems are some of the most complex in the US. They operate in a free market but still have to deal with some of the most difficult labor relations since the industrial revolution. Their previous obligations are beyond an Albatross around their neck and the overall economy is sucking.
I agree that the folks running GM have done a poor job of things. I disagree that scrapping knowledge and experience for a college kid is a way to solve a problem of this scope. I know that this guy isn't going to be the guy solely responsible for righting the ship, but I would feel more comfortable with him being a consultant and allow people who have actual experience to provide the strategic direction.
SanJoaquinSooner
6/1/2009, 10:36 PM
My wife and I both drive chevys, so it's not our fault - you communists.
olevetonahill
6/1/2009, 10:49 PM
My wife and I both drive chevys, so it's not our fault - you communists.
Jaun I dont think this is helping :rolleyes:
http://www.flyoverpeople.net/images/CGChevy.jpg
SanJoaquinSooner
6/1/2009, 10:58 PM
Jaun I dont think this is helping :rolleyes:
http://www.flyoverpeople.net/images/CGChevy.jpg
that looks like something you'd see in windy western Oklahoma.
olevetonahill
6/1/2009, 11:01 PM
that looks like something you'd see in windy western Oklahoma.
would Love to find it ;)
GottaHavePride
6/1/2009, 11:39 PM
Also, if you read the article, the guy isn't actually running GM. He's advising the President and the governmental committees that are handing out the money to try to fix the auto industry. The "college kid" is 31 and has a lot of experience advising on economic policy already. Sounds like he's doing exactly what he knows how to do.
olevetonahill
6/2/2009, 01:34 AM
Also, if you read the article, the guy isn't actually running GM. He's advising the President and the governmental committees that are handing out the money to try to fix the auto industry. The "college kid" is 31 and has a lot of experience advising on economic policy already. Sounds like he's doing exactly what he knows how to do.
Good point Bro
Only idiots refuse to learn :cool:
LosAngelesSooner
6/2/2009, 03:32 AM
Yeah...he's totally gonna frak up this completely functional, innovative, money making, stable corporation...
er...wait a second. Oops. Scratch that.
(see what I did there? ;))
olevetonahill
6/2/2009, 04:45 AM
Yeah...he's totally gonna frak up this completely functional, innovative, money making, stable corporation...
er...wait a second. Oops. Scratch that.
(see what I did there? ;))
I did ya Pulled a
LAS :rolleyes:
Crucifax Autumn
6/2/2009, 10:27 AM
Well, ya gotta admit he has a point!
TheHumanAlphabet
6/2/2009, 10:54 AM
You know their business model will be cars that shun the use of internal combustion engines and will be the size and shape of the econo cars of Europe or Japan. All by Obama mandate. I don't see this ending well for GM and the taxpayers, unless oil goes back to $150-200/bbl. Wouldn't be surprised for some gubment action to raise the price...
TheHumanAlphabet
6/2/2009, 10:56 AM
Also, if you read the article, the guy isn't actually running GM. He's advising the President and the governmental committees that are handing out the money to try to fix the auto industry. The "college kid" is 31 and has a lot of experience advising on economic policy already. Sounds like he's doing exactly what he knows how to do.
The story I read was he was a graduate law school student before he got into his "economic policy" job in the WH. I wouldn't be so quick to admit he knows what's going on. He is probably up at night wondering how the hell did he get there and hoping he doesn't "F" it up...
AggieTool
6/2/2009, 11:05 AM
GM's problems are some of the most complex in the US. They operate in a free market but still have to deal with some of the most difficult labor relations since the industrial revolution. Their previous obligations are beyond an Albatross around their neck and the overall economy is sucking.
I agree that the folks running GM have done a poor job of things. I disagree that scrapping knowledge and experience for a college kid is a way to solve a problem of this scope. I know that this guy isn't going to be the guy solely responsible for righting the ship, but I would feel more comfortable with him being a consultant and allow people who have actual experience to provide the strategic direction.
Don't mistake a young age with an inability to make sound decisions.:(
Experience doesn't mean anything if the "experience" at hand is less than desirable.:rolleyes:
Maybe the young'un DOESN'T have any experience at running a company into the dirt. That would be a good thing.;)
We need a "Bill Gates" or "Michael Dell" of the auto industry.;)
OklahomaTuba
6/2/2009, 11:09 AM
Socialism is great, isn't it???
Can't wait to see what other cluster **** nationalization boondoggles the Squanderer has up his sleeves, or what other college kids he can drag from the mail room that he will tap to run our industries into the ground further.
OklahomaTuba
6/2/2009, 11:13 AM
We need a "Bill Gates" or "Michael Dell" of the auto industry.;)
Entrepreneurs you say???
Why that would require a free market!!!!
Not a government controlled market as Obama seems to be moving us into now.
Creative Destruction is what is needed. These companies must be allowed to fail.
LosAngelesSooner
6/2/2009, 12:13 PM
There were a ton of people who thought Bob Stoops was too young and inexperienced in 1999...
Also, if you the article, the guy isn't actually running GM. He's advising the President and the governmental committees that are handing out the money to try to fix the auto industry. The "college kid" is 31 and has a lot of experience advising on economic policy already. Sounds like he's doing exactly what he knows how to do.
Read the article? Read the Article!?!?
If I can't get a complete and thorough understanding of a situation from a few excerpts and comments on a message board, then it's a topic that isn't worth consideration! gah!
;)
Scott D
6/2/2009, 01:00 PM
The Ypsilanti Powertrain Plant is going to be pushing for action to block the closing of their plant.
Reason being, they turn out more product than the Powertrain Plant in Mexico, and the cost of making the product (including labor) is lower in Ypsilanti than in Mexico.
If the GOP plays their cards right, they could get the Unions on their side in quick order these days.
NYC Poke
6/2/2009, 01:05 PM
Also, if you read the article, the guy isn't actually running GM. He's advising the President and the governmental committees that are handing out the money to try to fix the auto industry. The "college kid" is 31 and has a lot of experience advising on economic policy already. Sounds like he's doing exactly what he knows how to do.
At the risk of Tuba thinking that I'm a commie as well as a sheep humper, I'd have to agree with this. Larry Summers is no shrinking violet, and if this guy's earned his respect, he probably deserves it. It sounds like he's thinking of considerations far beyond cup holder placement.
OklahomaTuba
6/2/2009, 01:16 PM
F'kn Commie sheep humpers.
NYC Poke
6/2/2009, 01:26 PM
F'kn Commie sheep humpers.
We share our sheep. Spreading the wealth, as it were.
OklahomaTuba
6/10/2009, 10:47 AM
More good news for GM...
“I don’t know anything about cars,” Whitacre, 67, said yesterday in an interview after his appointment. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”
http://www.bloomberg.com/apps/news?pid=20601109&sid=aQ._YJhEj_Jo
People who know him say he can meet GM’s need for the type of transformation he orchestrated at Dallas-based AT&T.
Doesn't AT&T still suck? Maybe not bad enough to need bailouts, but still.
tommieharris91
6/10/2009, 01:41 PM
Doesn't AT&T still suck? Maybe not bad enough to need bailouts, but still.
Becoming the exclusive carrier for the iPhone hasn't helped very much. no?
OklahomaRed
6/10/2009, 01:59 PM
BUY FORD!!! :D
BUY FORD!!! :D
We just bought GM.
Oh, you mean the cars...
Scott D
6/10/2009, 06:10 PM
omg Tuba in other news, companies take ceo's from other companies...it's not a major newsflash.
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