GM and Chrysler business model exposed

[spider]

I am told that this cartoon is 15 years old.

 

[lordmandeep]

yep perfectly explained.

The comment near the end about how customers going to other companies is going to cost them their jobs and they continue shop here to save their jobs.

Well like screw you, making sure you keep a job is the last of my worries when I buy a car.

It is not the responsibility of an individual to help another keep a job. I don't know what twisted Soviet mindset they are following.
Its like you praise capitalism when it works for you, and then you become a socialist when it goes against you. Actually capitalism never went against GM, GM went against capitalism.

 

[Brian69]

Great find--Calvin and Hobbes could often be counted on for speaking great truths within simple interactions. GM and Chrysler were able to get away with it for so long because a lot of people at all levels were enjoying feeding from the trough (as accurately indicated in the cartoon) while governments either looked the other way or actively sponsored it.

Too bad governments cannot just wash their hands of this decades-old disaster--or can they?

 

[ShonTron]

OK - There's been an amazing spoof of the GM Reinvention ad going around.

Here's the original:
http://www.youtube.com/watch?v=O4zPvVMr9I0

Here's the take-off:
http://www.youtube.com/watch?v=GFV1vQwMlpU

 

[jade_lee]

Michael Moore's Roger and Me. The writing was on the wall.

 

[urbandreamer]

Chrysler run by the Italians? Now that's funny.

 

[dt_toronto_geek]

Despite billions of our tax dollars funneled into GM and Chrysler, they won't release salaries for their exec's. Damn this makes me mad. Capitalism has truly failed.
It seems everything ticks me off since I quit smoking 10 days ago....


Car makers took our cash, but kept salaries secret

Canadians have invested more than $14 billion to save General Motors and Chrysler, and now own a part of each of them, but both companies refuse to disclose the salaries of their top executives in Canada.

Source

 

[afransen]

I'm not. If you want a crown corporation, make it a crown corporation. Otherwise, let them operate as private firms.

 

[jade_lee]

I don't recall our federal government asking the tax payers if giving GM our tax dollars was ok, in fact they called it a loan and then told us it was a loan they did not expect to be paid back. All the complaining about garbage collectors seems trivial by comparison.

 

[kEiThZ]

I don't recall our federal government asking the tax payers if giving GM our tax dollars was ok, in fact they called it a loan and then told us it was a loan they did not expect to be paid back. All the complaining about garbage collectors seems trivial by comparison.

You seem to forget that the provincial government chipped in a fairly significant amount as well. And there's a lot of things the federal government does not ask you about. Are you suggesting that you need to be consulted on absolutely every policy that each level of government constructs? That's what elections are for.

The garbage collectors are an issue for a separate level of government (I am staring to wonder if you know the difference...are you the kind of person who calls your MP to bitch about a pothole?). And no the issue was not trivial because it could result in huge tax increases for Toronto residents and a precedent setting decision for future negotiations.