I was going to write something tonight on my conflicted feelings on the bankruptcy of GM, but then, as I was thinking about what to write, I happened across this letter by director Michael Moore. And, as I agree with almost all of it, I thought that I’d reprint it here in its entirety, and […]
Tag Archives: GM
Michael Moore on the bankruptcy of GM
Posted in Alternative Energy, energy, Environment, Global Warming, Ideas, Michigan, Other, Rail Also tagged bankruptcy, Big 3, cars, Flint, fuel economy, General Motors, Michael Moore, planned obsolescence 15 Comments
The Quiet Coup
My favorite quote today comes from Michigan Congressman Thaddeus McCotter, who, commenting on the fact that Rick Wagoner had been forced out of GM by the Obama administration, said the following. “Mr. Wagoner has been asked to resign as a political offering despite his having led GM’s painful restructuring to date. Mr. Wagoner has honorably […]
Posted in Economics, Observations, Other Also tagged Big 3, coup, double standard, International Monetary Fund, Obama, Rick Wagoner, Simon Johnson, Thaddeus McCotter, The Atlantic, time to cut the head off the snake, Wall Street 10 Comments