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Op-Ed Columnist - The Quagmire Ahead - NYTimes.com
by ubernoir at 8:29 am EDT, Jun 2, 2009 |
The end result is that G.M. will not become more like successful car companies. It will become less like them. The federal merger will not accelerate the company’s viability. It will impede it. We’ve seen this before, albeit in different context: An overconfident government throws itself into a dysfunctional culture it doesn’t really understand. The result is quagmire. The costs escalate. There is no exit strategy.
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RE: Op-Ed Columnist - The Quagmire Ahead - NYTimes.com
by Mike the Usurper at 2:44 am EDT, Jun 3, 2009 |
ubernoir wrote: The end result is that G.M. will not become more like successful car companies. It will become less like them. The federal merger will not accelerate the company’s viability. It will impede it. We’ve seen this before, albeit in different context: An overconfident government throws itself into a dysfunctional culture it doesn’t really understand. The result is quagmire. The costs escalate. There is no exit strategy.
To Divid Brooks, Chrysler, 1980. Temporary action seemed to work pretty well for oh, 25+ years? In other words STFU. |
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