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	Name:	water_watcher -
	Subject:	GM CEO told to resign...
	Date:	3/30/2009 5:55:48 AM

You are going to put someone Iacocca is 84 ... yeah he is going to take the job.

They should have allowed GM to go bankrupt long ago. The union needs to get the message that it can not be business as usual. The union put them in this uncompetitive stituation with their unrealistic pension and benefit requirements, not to mention labor cost and work restrictions. They have blocked automation without job guarantees that would have allowed them to compete on cost and innovation.

Keeping GM alive does not sell any more cars. Just spreads the pie. Go bankrupt, slim down, get out of the union pension deal, force union concessions for the businesses they keep. If the union does not agree, shut down the factory. That worked for the steel workers in the 80's and now we have a healthy competitive steel industry.

The steel workers union you used to cry about Japanese steel dumping in the US and wanting government protection. That was not the problem. Now they are competitive and there is no more crys for protectionism.