Wednesday, August 13, 2008

WHERE DOES IT ALL GO????

Have you ever seen a company hemorrhage money like General Motors? They'd almost be better off selling off all their assets and starting from scratch at this point. They've dug their own grave. What's their major project now....the Chevy Volt. A plug-in hybrid. They had an electric vehicle in the late 90's that would have been a hit and probably could have put internal combustion to shame by now after making advancements every year. But instead they choose to cancel the program, destroy or disable all of the cars that they leased out....and then start from scratch almost 10 years later. What a waste...

My recommendation to the next president.....DON'T GIVE THEM MONEY TO KEEP THEM AFLOAT!!! Don't think it will happen. Of course it will. They're going to give Detroit tons of "research" money to look for alternatives to foreign oil and research fuel cells which won't be affordable for at least another 10 years. They had the chance to make it big, and they blew it. Let's not give them taxpayer dollars so they can frivolously use it to chase after the next fad and then destroy anything that has to do it when the fad is over.

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