General Motors bankruptcy: Gone with the wind
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General Motors bankruptcy:'' Gone with the wind"Posted by: WaqasGeneral Motors bankruptcy:'' Gone with the wind" -
General Motors bankruptcy:'' Gone with the wind"Posted by: WaqasGeneral Motors bankruptcy:'' Gone with the wind" -
General Motors bankruptcy:'' Gone with the wind"Posted by: WaqasGeneral Motors bankruptcy:'' Gone with the wind" -
General Motors bankruptcy:'' Gone with the wind"Posted by: WaqasGeneral Motors bankruptcy:'' Gone with the wind"
So finally General Motors is about to announce the tale of bankruptcy. Another company gone with the wind.
I don't think it's an overstatement to say that the future of American manufacturing rests on the eventual outcome of the General Motors bankruptcy. For generations, manufacturing jobs have been the key to a better life for millions of American families. The demise of manufacturing sector would be especially tragic, representing both the loss critical wealth-creating companies and the hope of a Middle Class lifestyle for future generations of Americans.
Shuffling around debt, as we've all learned lately, is no substitute for the kind of real economic activity that the manufacturing sector represents. So it's not just Detroit that has a vested interest in the outcome of the GM bankruptcy.
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Blogs
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- Blog Source: therearenosunglasses.wordpress.comGeneral Motors declares bankruptcy – the biggest manufacturing collapse in US history. • Obama warns of sacrifices needed to build a leaner carmaker • Judge to rule on future of 235000 GM employees worldwide ... “You will have to make a
- Blog Source: www.democraticunderground.comNEW YORK – General Motors has filed for bankruptcy protection as part of an Obama administration plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government. .... i`m old enough to remember when
- Blog Source: tpmcafe.talkingpointsmemo.comAnd General Motors is filing for bankruptcy. Wilson's reassuring words in 1953 now have an ironic twist. There will be little difference between what is good for America and for GM because it is soon to be owned by US taxpayers who have forked out
- Blog Source: earth2tech.comEarlier this year while General Motors (s GM) was submitting its restructuring plans and set to hear the first recommendations ... ... But can a bankrupt company in which the U.S. government now holds a majority (60 percent) stake really afford to
- Blog Source: genycon.blogspot.comThe GM/task force bankruptcy plans appear geared to saving the General Motors entity -- but at a harsh and often avoidable cost to workers, communities, suppliers, consumers, dealers, and the nation's manufacturing capacity. ...
- Blog Source: dealbook.blogs.nytimes.comPresident Obama will push General Motors into bankruptcy protection on Monday, making a risky bet that by temporarily nationalizing the onetime icon of American capitalism, he can save at least a diminished automaker that is competitive ...
Videos
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- Video Source: xml.truveo.comFamily of GM workers ...Video Source: xml.truveo.comCNN’s Kyra Phillips talks to a four generations of General Motors workers ...
Post a Comment Comments: 2
very sad destination
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