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unixronin: Galen the technomage, from Babylon 5: Crusade (Default)
Unixronin

December 2012

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Monday, May 11th, 2009 07:06 pm

Our thanks for bailing GM out? They’re going to roughly double the number of jobs exported to China, Mexico and Korea.

Yeah, that’s really going to help the economy.

Let the bastards fail. They got themselves into this mess. We can't keep throwing good money after bad forever.

Oh, wait, I forgot. It's not really what you could call "good money", is it? It's probably still wet from the presses...

Tuesday, May 12th, 2009 03:54 am (UTC)
The horrid irony is that it is primarily government regulations that prevent them from making fundamental changes. Remember that many laws support the unions and prevent the manufacturers from making meaningful changes in labor costs. (Disclaimer: I am in favor of unions existing. I know people whose parents worked the coal mines of West Virginia. I really do favor unions.)