Comments on: GM: Bankruptcy Not A Viable Option

Board Of Directors Feels Chapter 11 Would Not Address Fundamental Issues Facing Automaker, Says Spokesman

[jumkey]

GM is plagued by high costs associated with union labor

Posted by gll1955

Nonsense. More anti-union babble. The unions have been shrinking and giving back wages and benefits for at least the last 20 years. This is first and foremost a management failure - but in America we don''t blame management for anything. And as for the rich, they could kill and eat your children on the White House lawn and you brain-dead Limbaugh conservatives would somehow convince yourselves the sacrifice was perfectly reasonable and acceptable.

Please start thinking for yourself. You willful ignorance of the world around you is killing our country.

[barbaraf4]

I am retired and I own a Chevy Malibu. I have owned 15 automobiles in my lifetime and this is the first American-made one.

My foreign cars have ranged from Volvo''s to Honda''s to Nissan''s to VW''s. They were all precision instruments that got great gas mileage. My next car will be another foreign-made.

If you buy American, you are paying inflated prices for poorly constructed gas guzzlers. The dollars that could be put to a quality product go to the unions, benefits and enflated paychecks.

These are problems that are similar to the airlines. They have been over-paid and over-benefitted for too many years also.

[notopennshut]

NO! NO! NO! These companies must be restructured and reorganized if they were to have any hope of surviving. They must not be allowed to hang on to the same old demands, same old terms of overpaying for salaries and benefits. If so, pouring in 70 billion wouldn''t matter, for they would end up in the same old pit hole. No way must they be given another penny until terms and conditions are renegotiated and each and everyone, from the CEOs and workers must be willing to sacrifice something, if they wish to survive. Otherwise, let them sink.

[VTchemist]

GM is plagued by high costs associated with union labor (as well as benefits). Of my 3 cars, 2 were made in the US with non-union labor. The other is from Europe. All are great cars.

The whole industry needs to rethink its management and operating procedures. If not, they will not weather the current crisis (and probably join AMC as a bygone auto producer).