[Spridgets] I like Peter Egan but....

[Lester]

If GM goes into bankruptcy they will get rid of union contracts and  
otherwise do exactly what they have been doing all along..  they'll  
close on a Saturday and open a month later making the same cars with  
the same suppliers and with more profit..

Lester

.. but maybe I'm cynical..


On Mar 10, 2009, at 3:34 PM, Rick wrote:

> If GM goes into bankruptcy their suppliers won't be hurting anymore.
>
> They'll be out of business.  And the workers they still have -  
> "people who make things" - will be unemployed.  Won't be pretty.
>
>
> ----- Original Message ----- From: "Dean Hedin" <dlh2001 at comcast.net>
> To: "Spridgets" <spridgets at autox.team.net>
> Sent: Tuesday, March 10, 2009 12:11 AM
> Subject: [Spridgets] I like Peter Egan but....
>
>
>> I just can't agree with his latest column.
>> http://www.roadandtrack.com/article.asp?section_id=26&article_id=7716
>>
>> The way I see it is that the "people who make things" are already  
>> hurting due to decreases demand across the
>> entire auto industry.
>>
>> So the arguement that GM going into Chapter 11 will cause a cascade  
>> of failure of suppliers just does'nt hold.
>> The suppliers are already hurting.  The suppliers have already laid  
>> off a bunch of "people who make things".