GM to shut down Saturn after Penske walks away

[RCprince]

http://news.yahoo.com/s/ap/20090930/ap_on_bi_ge/us_saturn_penske

Another one bites the dust.

[Steven Vaccaro]

Its too bad, They build some cool looking cars.

[Ub Hauled]

I own a AWD VUE...
never gave me grief... strong motor and great looks...
now I am considering selling it due to this crap.

[domwilson]

Another bad management decision. GM took all that bail-out money so that americans can keep their jobs. And yet, they keep shutting down brand names. In the '50's, '60's and '70's GM always adapted. After that, alot of really bad management decisions were being made. Like the one to make interiors as bland as unflavored yogurt.

[Steven Vaccaro]

Imagine all these companies and banks making bad biz decisions and getting rewarded with bailouts. Bush, Clinton, Obama. All part of the machine.

[RCprince]

Imagine all these companies and banks making bad biz decisions and getting rewarded with bailouts. Bush, Clinton, Obama. All part of the machine.

Now you coming over to our side and seeing it clearly Steve.

[domwilson]

Now you coming over to our side and seeing it clearly Steve.

And Guess what? The biggest costs for GM and Ford...Healthcare. http://money.cnn.com/2007/01/26/news...tune/index.htm

"Health care is the biggest chunk. GM (Charts), for instance spends $1,635 per vehicle on health care for active and retired workers in the U.S. Toyota (Charts) pays nothing for retired workers - it has very few - and only $215 for active ones."

That's right. These costs are killing American businesses. They should have started their own insurance company to cover their workers.

[Steven Vaccaro]

Now you coming over to our side and seeing it clearly Steve.

No, I wont do it, I wont join the dark side

[Steven Vaccaro]

And Guess what? The biggest costs for GM and Ford...Healthcare. http://money.cnn.com/2007/01/26/news...tune/index.htm

"Health care is the biggest chunk. GM (Charts), for instance spends $1,635 per vehicle on health care for active and retired workers in the U.S. Toyota (Charts) pays nothing for retired workers - it has very few - and only $215 for active ones."

That's right. These costs are killing American businesses. They should have started their own insurance company to cover their workers.

How about telling the union to screw and get your own health care. I have to! Health care isnt killing GM, crappy business decisions have. GM shot itself several times in each foot. Ford is still alive and kicking without a hand out. Now that GM already got my tax dollars in the form of a bailout, Ford will get my money next year when I buy a new truck.

[domwilson]

No, I wont do it, I wont join the dark side

I think you got it wrong...The Government is the Empire. Congress is the Imperial Senate and if things don't start improving, we'll suffer the same fate as Tatoine. It's scary that I know these things....

[Steven Vaccaro]

I think you got it wrong...The Government is the Empire. Congress is the Imperial Senate and if things don't start improving, we'll suffer the same fate as Tatoine. It's scary that I know these things....

I got ya.

But who is Luke? And better yet, who is Princess Leia?

[domwilson]

How about telling the union to screw and get your own health care. I have to! Health care isnt killing GM, crappy business decisions have. GM shot itself several times in each foot. Ford is still alive and kicking without a hand out. Now that GM already got my tax dollars in the form of a bailout, Ford will get my money next year when I buy a new truck.

Agreed. GM made some really bad decisions. This being one of them... http://www.faqs.org/abstracts/News-o...t-spreads.html In the 80's and 90's when they saw the writing on the wall and did not address cost and quality issues. They just continued on. It's like they were stuck on stupid.

[domwilson]

I got ya.

But who is Luke? And better yet, who is Princess Leia?

It's starting to look like Alan Grayson. He's pissing alot of people off on both sides. There is no Leia. But I do have a good idea of who qualifies for JarJar binks.. Hint: Meesa dinks heathcare reform brings deaf panels...Muy Muy not good.

[Steven Vaccaro]

Agreed. GM made some really bad decisions. This being one of them... http://www.faqs.org/abstracts/News-o...t-spreads.html In the 80's and 90's when they saw the writing on the wall and did not address cost and quality issues. They just continued on. It's like they were stuck on stupid.

Or how about the "Job Bank" program.

http://www.redorbit.com/news/general/315995/laidoff_autoworkers_keep_getting_paid_in_gm_program/

What a joke, if there isnt enough work for the worker, we call that a layoff.

[domwilson]

Or how about the "Job Bank" program.

http://www.redorbit.com/news/general/315995/laidoff_autoworkers_keep_getting_paid_in_gm_program/

What a joke, if there isnt enough work for the worker, we call that a layoff.

When my job got outsourced, wish I got benefits like that...