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	<title>Comments on: Wagoner: GM needs federal aid &#8216;within weeks;&#8217; unwilling to resign</title>
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		<title>By: FmrGMer</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418516</link>
		<dc:creator>FmrGMer</dc:creator>
		<pubDate>Thu, 13 Nov 2008 12:17:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418516</guid>
		<description>Wagoner did inherit a lot of legacy garbage, but he has not been the leader to fix the old or new problems. Hiring Lutz was a great move, but the &#039;brand management&#039; mess was the first mistake.(can anyone say Ron Zarella?). 

Hey Ricky and Bob.........I asked you both a couple times about doing small cars with Europe diesels. All you wanted to do was trucks, sport utilities, and the Camaro. I&#039;m sure glad I had a 40+ mpg Toyota when the $4 gasoline hit. Even your Aveo was crap - people were better with the Cobalt, which you continue to ignore. Where is the fuel-efficient direct-inj gas - or diesels at? You had many intelligent folks inside GM that could not get an audience with you. Bob Lutz initially was around, but even he now has too many people around him to hear what the troops are reporting. Bob saw some great folks when he wanted to produce the Solstice. GM has/had the talent to work smart and fast, but only when they can comminicate with the people who make program and budget decisions. Lutz is too isolated to be very effective now. Bob, hope you see this. Leave your helpers and security staff behind - go to the build floor, talk to the real car people like yourself inside GM, and keep the good ideas coming and try to repair the morale. Please note....there is NO MORALE within the troops anymore. 

Leave Lutz, but GM needs a new leader. Come on Ricky, you know you aren&#039;t the one to save GM. 

As to the comments about GM engineers being asked to work 100 hours in the future, is that we were working 80 hours years ago without compensation. And after being at GM for 17 years the last time (my second time at GM), I worked with VERY TALENTED contract engineers and technical folks - some with 15-20-25 years, and they were abused their entire time at GM and forced out with NO COMPENSATION. The U.S. Govt should be ashamed of allowing those folks to go all those years without forcing GM to hire them, with no benefits, retirement, ect. GM is no different than Ford or Chrysler - to be fair. 
Also, as good as GM&#039;s cars are, many cost cuts - or lack of true developmental testing has allowed some poor powertrains issues to come about. The intake plenums in 3800 engines, and the head gaskets in 3400 and 4.3 V/6 engines is deplorable. I have paid for several of each, and there is no viable reimbursement program. Ford quality is terrible (ask my wife, who worked there and had several), and friends with really poor Chrysler products. Toyota, Honda, and Nissan all have their issues even if their owners won&#039;t admit, but there is no excuse of this from the Big 3. 
But I for one after 30 years of loyalty to the brand have been shoved out, no retirement, no benefits - and no intent of ever buying a new GM car again. I did buy 22 new cars over the years, but never again!
Sorry GM, but my Scion has only been back for maintenance. It&#039;s not a perfect car, but after turning your back on me after many years of asking me to work 6 days a week, 14-16 hours a day, with threats of termination and no O/T pay - you get what you got coming. It&#039;s time for Ricky to go, and reduce product portfolio. Concentrate on cars and diesels - hybrids and electrics will come when they are ready. Give people cars they can afford to buy - AND OPERATE.</description>
		<content:encoded><![CDATA[<p>Wagoner did inherit a lot of legacy garbage, but he has not been the leader to fix the old or new problems. Hiring Lutz was a great move, but the &#8216;brand management&#8217; mess was the first mistake.(can anyone say Ron Zarella?). </p>
<p>Hey Ricky and Bob&#8230;&#8230;&#8230;I asked you both a couple times about doing small cars with Europe diesels. All you wanted to do was trucks, sport utilities, and the Camaro. I&#8217;m sure glad I had a 40+ mpg Toyota when the $4 gasoline hit. Even your Aveo was crap &#8211; people were better with the Cobalt, which you continue to ignore. Where is the fuel-efficient direct-inj gas &#8211; or diesels at? You had many intelligent folks inside GM that could not get an audience with you. Bob Lutz initially was around, but even he now has too many people around him to hear what the troops are reporting. Bob saw some great folks when he wanted to produce the Solstice. GM has/had the talent to work smart and fast, but only when they can comminicate with the people who make program and budget decisions. Lutz is too isolated to be very effective now. Bob, hope you see this. Leave your helpers and security staff behind &#8211; go to the build floor, talk to the real car people like yourself inside GM, and keep the good ideas coming and try to repair the morale. Please note&#8230;.there is NO MORALE within the troops anymore. </p>
<p>Leave Lutz, but GM needs a new leader. Come on Ricky, you know you aren&#8217;t the one to save GM. </p>
<p>As to the comments about GM engineers being asked to work 100 hours in the future, is that we were working 80 hours years ago without compensation. And after being at GM for 17 years the last time (my second time at GM), I worked with VERY TALENTED contract engineers and technical folks &#8211; some with 15-20-25 years, and they were abused their entire time at GM and forced out with NO COMPENSATION. The U.S. Govt should be ashamed of allowing those folks to go all those years without forcing GM to hire them, with no benefits, retirement, ect. GM is no different than Ford or Chrysler &#8211; to be fair.<br />
Also, as good as GM&#8217;s cars are, many cost cuts &#8211; or lack of true developmental testing has allowed some poor powertrains issues to come about. The intake plenums in 3800 engines, and the head gaskets in 3400 and 4.3 V/6 engines is deplorable. I have paid for several of each, and there is no viable reimbursement program. Ford quality is terrible (ask my wife, who worked there and had several), and friends with really poor Chrysler products. Toyota, Honda, and Nissan all have their issues even if their owners won&#8217;t admit, but there is no excuse of this from the Big 3.<br />
But I for one after 30 years of loyalty to the brand have been shoved out, no retirement, no benefits &#8211; and no intent of ever buying a new GM car again. I did buy 22 new cars over the years, but never again!<br />
Sorry GM, but my Scion has only been back for maintenance. It&#8217;s not a perfect car, but after turning your back on me after many years of asking me to work 6 days a week, 14-16 hours a day, with threats of termination and no O/T pay &#8211; you get what you got coming. It&#8217;s time for Ricky to go, and reduce product portfolio. Concentrate on cars and diesels &#8211; hybrids and electrics will come when they are ready. Give people cars they can afford to buy &#8211; AND OPERATE.</p>
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		<title>By: Impulsive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418486</link>
		<dc:creator>Impulsive</dc:creator>
		<pubDate>Thu, 13 Nov 2008 04:07:55 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418486</guid>
		<description>&#039;1115&#039; is STILL an import monkey. Kill yourself chimp.</description>
		<content:encoded><![CDATA[<p>&#8216;1115&#8242; is STILL an import monkey. Kill yourself chimp.</p>
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		<title>By: tripleonefive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418397</link>
		<dc:creator>tripleonefive</dc:creator>
		<pubDate>Wed, 12 Nov 2008 21:03:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418397</guid>
		<description>Impulsive is the same loser I remember. I rented a Malibu this past weekend and its a decent effort from the general but I would NEVER considerate in the same league as the Camry or Accord or even the Sonata(and neither has the american public). Im going to find a company that has a Honda or Toyota to rent. I saw a Galant but i chose the Malibu so I could see how it drove</description>
		<content:encoded><![CDATA[<p>Impulsive is the same loser I remember. I rented a Malibu this past weekend and its a decent effort from the general but I would NEVER considerate in the same league as the Camry or Accord or even the Sonata(and neither has the american public). Im going to find a company that has a Honda or Toyota to rent. I saw a Galant but i chose the Malibu so I could see how it drove</p>
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		<title>By: thegriffon</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418382</link>
		<dc:creator>thegriffon</dc:creator>
		<pubDate>Wed, 12 Nov 2008 20:19:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418382</guid>
		<description>TomF, you demonstrate GM&#039;s &lt;i&gt;real&lt;/i&gt; problem—ignorant consumers who think GM is evil, but don&#039;t know &lt;i&gt;anything&lt;/i&gt; about the company or it&#039;s products and don&#039;t want to. GM&#039;s major product launches in 2008 are:

The Opel Insignia, a midsize sedan/wagon with a range of 4-cylinder four-cylinder turbocharged diesel and gasoline engines and 6-speed transmissions that gets between 31.2 and 49 US mpg on the European hwy cycle. Even the 217 hp 2.0 Turbo gets 40 mpg on the hwy cycle.

The revised Chevrolet Aveo v1.5 with new Dual-VVT 4-cylinder engines that gets 50 mpg or better on the European hwy cycle, and even in the US with a larger engine, uses less fuel than the brand-new Honda Fit.

GM launched &lt;i&gt;one&lt;/i&gt; major CUV this year—the Chevrolet Traverse, and with it upgraded engines with improved economy for existing models. It doesn&#039;t get 14 mpg. It gets 16/24 mpg, better than most midsize CUVs much smaller in size. Hwy fuel economy is as good as the Nissan Murano and Toyota Highlander, and none are any better.

Even GM&#039;s older, BOF SUVs, the Tahoe and Yukon, get better than 14 mpg. A base Tahoe with 4-speed auto gets 14/19 mpg, better than a newer Toyota Sequoia with a 5-speed auto, less power, but only 14/17 mpg. An even larger Suburban with a larger, more powerful V8 gets 14/20 (comparable to a V6 Mazda CX-9), and upgraded versions of the Tahoe/Yukon with 6-speed auto get as much as 15/21 mpg. And these are not &lt;i&gt;new&lt;/i&gt; trucks like the Sequoia, they were rushed out early in anticipation that they would not sell as well in later years. While a new diesel will improve economy further it is mainly intended for work trucks—there is no further investment planned for such large BOF trucks. BTW Toyota already has a similar diesel engine for use in it&#039;s large SUVs (produced by former parent company Toyota Industries), but has no plans to offer it in the US, despite the fact that Tundra sales have fallen twice as fast as pickups from more economical American rivals. Like Honda, it may be finding US emissions regulations too hard for diesels.

US product launches in 2008 have focused on powertrain improvements: the new DI engines in the large CUVs, 6-speed autos in the 4-cylinder midsize sedans boosting hwy economy to 33 mpg—class-leading and better than many compacts. And yet, despite this, despite being well ahead of the Camry and Accord for years in JD Powers quality surveys, despite winning Car of the Year awards 2 years in a row with the Aura and Malibu (beating the Camry and Accord respectively), no-one wants to buy them. Bad habits are hard to break. New Dual-VVT engines in the Cobalt and fine-tuning have boosted power and economy for the Cobalt to as much as 37 mpg hwy for manual models (a 6-speed auto arrives with the Cruze, already launched in Korea), and while sales boomed for a while while gas was high, they&#039;ve crashed again now that gas has fallen. It could be worse, they could be trying to sell the Sentra. No-one buys those either, but why would you when the Versa is cheaper, just as big and uses less fuel.</description>
		<content:encoded><![CDATA[<p>TomF, you demonstrate GM&#8217;s <i>real</i> problem—ignorant consumers who think GM is evil, but don&#8217;t know <i>anything</i> about the company or it&#8217;s products and don&#8217;t want to. GM&#8217;s major product launches in 2008 are:</p>
<p>The Opel Insignia, a midsize sedan/wagon with a range of 4-cylinder four-cylinder turbocharged diesel and gasoline engines and 6-speed transmissions that gets between 31.2 and 49 US mpg on the European hwy cycle. Even the 217 hp 2.0 Turbo gets 40 mpg on the hwy cycle.</p>
<p>The revised Chevrolet Aveo v1.5 with new Dual-VVT 4-cylinder engines that gets 50 mpg or better on the European hwy cycle, and even in the US with a larger engine, uses less fuel than the brand-new Honda Fit.</p>
<p>GM launched <i>one</i> major CUV this year—the Chevrolet Traverse, and with it upgraded engines with improved economy for existing models. It doesn&#8217;t get 14 mpg. It gets 16/24 mpg, better than most midsize CUVs much smaller in size. Hwy fuel economy is as good as the Nissan Murano and Toyota Highlander, and none are any better.</p>
<p>Even GM&#8217;s older, BOF SUVs, the Tahoe and Yukon, get better than 14 mpg. A base Tahoe with 4-speed auto gets 14/19 mpg, better than a newer Toyota Sequoia with a 5-speed auto, less power, but only 14/17 mpg. An even larger Suburban with a larger, more powerful V8 gets 14/20 (comparable to a V6 Mazda CX-9), and upgraded versions of the Tahoe/Yukon with 6-speed auto get as much as 15/21 mpg. And these are not <i>new</i> trucks like the Sequoia, they were rushed out early in anticipation that they would not sell as well in later years. While a new diesel will improve economy further it is mainly intended for work trucks—there is no further investment planned for such large BOF trucks. BTW Toyota already has a similar diesel engine for use in it&#8217;s large SUVs (produced by former parent company Toyota Industries), but has no plans to offer it in the US, despite the fact that Tundra sales have fallen twice as fast as pickups from more economical American rivals. Like Honda, it may be finding US emissions regulations too hard for diesels.</p>
<p>US product launches in 2008 have focused on powertrain improvements: the new DI engines in the large CUVs, 6-speed autos in the 4-cylinder midsize sedans boosting hwy economy to 33 mpg—class-leading and better than many compacts. And yet, despite this, despite being well ahead of the Camry and Accord for years in JD Powers quality surveys, despite winning Car of the Year awards 2 years in a row with the Aura and Malibu (beating the Camry and Accord respectively), no-one wants to buy them. Bad habits are hard to break. New Dual-VVT engines in the Cobalt and fine-tuning have boosted power and economy for the Cobalt to as much as 37 mpg hwy for manual models (a 6-speed auto arrives with the Cruze, already launched in Korea), and while sales boomed for a while while gas was high, they&#8217;ve crashed again now that gas has fallen. It could be worse, they could be trying to sell the Sentra. No-one buys those either, but why would you when the Versa is cheaper, just as big and uses less fuel.</p>
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		<title>By: Impulsive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418352</link>
		<dc:creator>Impulsive</dc:creator>
		<pubDate>Wed, 12 Nov 2008 18:18:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418352</guid>
		<description>&#039;1115&#039; is an illiterate import monkey.

Jealousy, in your failure in life, is screaming through that pathetic post .. I own you.

Buy gold, loser ... I even help chimps like you in desperate times.</description>
		<content:encoded><![CDATA[<p>&#8216;1115&#8242; is an illiterate import monkey.</p>
<p>Jealousy, in your failure in life, is screaming through that pathetic post .. I own you.</p>
<p>Buy gold, loser &#8230; I even help chimps like you in desperate times.</p>
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		<title>By: tripleonefive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418349</link>
		<dc:creator>tripleonefive</dc:creator>
		<pubDate>Wed, 12 Nov 2008 18:12:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418349</guid>
		<description>&quot;You idiots knocking the bailout do realize the European car manufacturers are asking for 55 billion dollars . The Australian’s are to receive 6.2 billion. I guess they had “Decades of corporate mismanagement” as well huh?&quot;

No the Euro companies, if we are talking BMW and Benz have made great cars which is why they deserve any money if /when it is given out. GM Ford and Chrysler made crap and sold it to stupid Americans who thought it they bought GM they were buying patriotism. GM should go down and burn like Impulsive on a sailor during fleet week 
GM doesnt deserve sa dime !</description>
		<content:encoded><![CDATA[<p>&#8220;You idiots knocking the bailout do realize the European car manufacturers are asking for 55 billion dollars . The Australian’s are to receive 6.2 billion. I guess they had “Decades of corporate mismanagement” as well huh?&#8221;</p>
<p>No the Euro companies, if we are talking BMW and Benz have made great cars which is why they deserve any money if /when it is given out. GM Ford and Chrysler made crap and sold it to stupid Americans who thought it they bought GM they were buying patriotism. GM should go down and burn like Impulsive on a sailor during fleet week<br />
GM doesnt deserve sa dime !</p>
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		<title>By: bghewy</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418296</link>
		<dc:creator>bghewy</dc:creator>
		<pubDate>Wed, 12 Nov 2008 11:50:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418296</guid>
		<description>This is something else that annoys me, the big brass in the big three are all stuck in this mindset that AMERICAN is best.  Now in some cases this is right.  No one builds trucks like the US.  But they have to have a serious look at there other divisions around the world that have awesome products available that they could probably get very quickly too market and maybe help themselbeves out instead of always trying to come up with there own thing.  GM has started doing this with things like the G8 from Australia.  Ford should do the same, they have a brilliant product range in Australia.  just look at this comparison from an Aussie magazine.  
http://www.wheelsmag.com.au/Road_Tests/Ford+G6E+Turbo+v+Jag+XF+4.2+v+Merc+E500.html
it shows you that Ford can compete with the best there is.  Come on guys wake up.</description>
		<content:encoded><![CDATA[<p>This is something else that annoys me, the big brass in the big three are all stuck in this mindset that AMERICAN is best.  Now in some cases this is right.  No one builds trucks like the US.  But they have to have a serious look at there other divisions around the world that have awesome products available that they could probably get very quickly too market and maybe help themselbeves out instead of always trying to come up with there own thing.  GM has started doing this with things like the G8 from Australia.  Ford should do the same, they have a brilliant product range in Australia.  just look at this comparison from an Aussie magazine.<br />
<a href="http://www.wheelsmag.com.au/Road_Tests/Ford+G6E+Turbo+v+Jag+XF+4.2+v+Merc+E500.html" rel="nofollow">http://www.wheelsmag.com.au/Road_Tests/Ford+G6E+Turbo+v+Jag+XF+4.2+v+Merc+E500.html</a><br />
it shows you that Ford can compete with the best there is.  Come on guys wake up.</p>
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		<title>By: bghewy</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418295</link>
		<dc:creator>bghewy</dc:creator>
		<pubDate>Wed, 12 Nov 2008 11:40:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418295</guid>
		<description>I cannot believe some people think its because people are buying other brands that GM is in trouble.  People would not buy other brands if GM offered what they wanted or perhaps if they built them to a better standard.  Dont go blaming the innocent american public who have bought a Toyota for example, because obviously GM did not offer them something they wanted.</description>
		<content:encoded><![CDATA[<p>I cannot believe some people think its because people are buying other brands that GM is in trouble.  People would not buy other brands if GM offered what they wanted or perhaps if they built them to a better standard.  Dont go blaming the innocent american public who have bought a Toyota for example, because obviously GM did not offer them something they wanted.</p>
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		<title>By: planet_drive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418260</link>
		<dc:creator>planet_drive</dc:creator>
		<pubDate>Wed, 12 Nov 2008 03:41:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418260</guid>
		<description>now honestly, would you want to buy a car built by a company that is very near bankruptsy??  GM&#039;s bleak financial situation is only making things worse for their already poor reputation.  Say hello to a new car company called United Motors.  Its already in talks, a very possible outcome because the current situation with the big (sad) three can no longer continue.  The American auto industry is almost dead.  United motors is the only hope we got to keeping domestic auto jobs here.</description>
		<content:encoded><![CDATA[<p>now honestly, would you want to buy a car built by a company that is very near bankruptsy??  GM&#8217;s bleak financial situation is only making things worse for their already poor reputation.  Say hello to a new car company called United Motors.  Its already in talks, a very possible outcome because the current situation with the big (sad) three can no longer continue.  The American auto industry is almost dead.  United motors is the only hope we got to keeping domestic auto jobs here.</p>
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		<title>By: TomF</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418207</link>
		<dc:creator>TomF</dc:creator>
		<pubDate>Tue, 11 Nov 2008 23:17:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418207</guid>
		<description>Should all have been done 20 years ago. GM, etc. have known since 1973 that fuel prices were unstable and prone to rising. They&#039;ve ignored market realities and now the piper must be paid.

I remember 1973 very well. If you&#039;d walked up to me that year and told me that 35 years later, General Motors&#039; key vehicle launch of 2008 would be a hulking quartet of 7-passenger CUVs that get 14 mpg, I would have laughed in your face. 14 mpg is what our &#039;72 Plymouth Satellite wagon got. Even then we knew it was a dinosaur.

Piper? Play.</description>
		<content:encoded><![CDATA[<p>Should all have been done 20 years ago. GM, etc. have known since 1973 that fuel prices were unstable and prone to rising. They&#8217;ve ignored market realities and now the piper must be paid.</p>
<p>I remember 1973 very well. If you&#8217;d walked up to me that year and told me that 35 years later, General Motors&#8217; key vehicle launch of 2008 would be a hulking quartet of 7-passenger CUVs that get 14 mpg, I would have laughed in your face. 14 mpg is what our &#8216;72 Plymouth Satellite wagon got. Even then we knew it was a dinosaur.</p>
<p>Piper? Play.</p>
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		<title>By: thegriffon</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418182</link>
		<dc:creator>thegriffon</dc:creator>
		<pubDate>Tue, 11 Nov 2008 22:06:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418182</guid>
		<description>I guess some of you haven&#039;t noticed—GM is already killing BOF SUVs. The midsize models will cease production within months. The large trucks were to get a new program but with sales falling, that has already been cut. V8 engine programs have already been cut. GM&#039;s money, what little it has, is going into mini-compacts, subcompacts and compacts. It is going into six-speed transmissions, 8-speed transmissions, small turbocharged engines, direct injection, a broader range of subcompacts, a &lt;i&gt;compact&lt;/i&gt; rwd platform. Its going into the development of systems to produce ethanol from agricultural and household &lt;i&gt;waste&lt;/i&gt; (Toyota and Honda lobby against biofuels because they are decades behind in engine development). What&#039;s next? New compacts for Chevrolet, Saturn and Buick, a new small Cadillac like the 3-series. A smaller 9-3 and subcompact Saab. A smaller SRX. 4- and 6-cylinder crossovers to replace the BOF SUVs, with hybrid powertrains already developed for them. Even more compact crossovers based on a stretched subcompact platform. A new generation of compact minivans and subcompact MPVs (small 5-seat vans). It is going into light commercial vehicles like the original compact vans they produced in the early &#039;60s (they were small—no longer than an Aveo or Fit). Congress agreed to fund &lt;i&gt;further&lt;/i&gt; investment in these areas because it is unclear that you will make the switch, but GM, and Ford, have already made much of the investment without government support.

The Australian government is promising a little more than $US2 billion, but not until 2011, by which time it may be too late to do anything but pay Toyota to switch production from the Camry to the Corolla. Ford has already decided to switch production from midsize to compact cars, and GM may follow, if the money can be found. Toyota is the holdout. They, like Ford and GM, are asking for tariffs to be maintained instead.</description>
		<content:encoded><![CDATA[<p>I guess some of you haven&#8217;t noticed—GM is already killing BOF SUVs. The midsize models will cease production within months. The large trucks were to get a new program but with sales falling, that has already been cut. V8 engine programs have already been cut. GM&#8217;s money, what little it has, is going into mini-compacts, subcompacts and compacts. It is going into six-speed transmissions, 8-speed transmissions, small turbocharged engines, direct injection, a broader range of subcompacts, a <i>compact</i> rwd platform. Its going into the development of systems to produce ethanol from agricultural and household <i>waste</i> (Toyota and Honda lobby against biofuels because they are decades behind in engine development). What&#8217;s next? New compacts for Chevrolet, Saturn and Buick, a new small Cadillac like the 3-series. A smaller 9-3 and subcompact Saab. A smaller SRX. 4- and 6-cylinder crossovers to replace the BOF SUVs, with hybrid powertrains already developed for them. Even more compact crossovers based on a stretched subcompact platform. A new generation of compact minivans and subcompact MPVs (small 5-seat vans). It is going into light commercial vehicles like the original compact vans they produced in the early &#8217;60s (they were small—no longer than an Aveo or Fit). Congress agreed to fund <i>further</i> investment in these areas because it is unclear that you will make the switch, but GM, and Ford, have already made much of the investment without government support.</p>
<p>The Australian government is promising a little more than $US2 billion, but not until 2011, by which time it may be too late to do anything but pay Toyota to switch production from the Camry to the Corolla. Ford has already decided to switch production from midsize to compact cars, and GM may follow, if the money can be found. Toyota is the holdout. They, like Ford and GM, are asking for tariffs to be maintained instead.</p>
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		<title>By: HoosierHero</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418178</link>
		<dc:creator>HoosierHero</dc:creator>
		<pubDate>Tue, 11 Nov 2008 21:50:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418178</guid>
		<description>Ahhh, I&#039;ll be glad when there isn&#039;t a GM. Hey NMOFGM, how about&quot; Need More Oil For Honda&quot;? Hmm, sounds good...</description>
		<content:encoded><![CDATA[<p>Ahhh, I&#8217;ll be glad when there isn&#8217;t a GM. Hey NMOFGM, how about&#8221; Need More Oil For Honda&#8221;? Hmm, sounds good&#8230;</p>
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		<title>By: thegriffon</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418170</link>
		<dc:creator>thegriffon</dc:creator>
		<pubDate>Tue, 11 Nov 2008 21:24:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418170</guid>
		<description>Be reasonable. GM&#039;s current management inherited legacy costs which were unsustainable. Even in their best years they could not match the profit margins and R&amp;D investments that could be made by Toyota and Honda. Wagoner and  Co. took a system that was broken and began to fix it. They took billions out of costs, fixed product development, improved quality to a level at which the Honda Accord and Toyota Camry have not even placed among the best midsize sedans (which even Consumer Reports now belatedly acknowledges), eliminated redundant and duplicate programs in different parts of the world, poured money into competing with Toyota in Asia (one of their only growth and profit regions now), brought in a cheap subcompact at a time when not even Toyota could sell one and Honda didn&#039;t even try, slashed daily rental sales which hurt resale values (resale values are now growing by leaps and bounds), negotiated an historic labor agreement to cut real wages and shift the burden of healthcare to the UAW, poured hundreds of billions into the company&#039;s pension plan to ensure it would not be a future liability, they brought out fuel-economy class-leading products as oil prices spiked (not the year after). Analysts agreed that from 2010 when the new labor agreements really take effect, that the company would be in the position it needs to be to compete with Toyota and make the money it needs to.

But then oil prices spiked, catching everyone by surprise, even Toyota with a brand-spanking new big truck plant which has been sitting idle for months. Even Hyundai Kia, who picked now to bring out a new BOF midsize SUV just as the market tanked. And then the housing bubble burst, thanks to decades of government interference (at the instigation of Democrats and the acquiescence of many Republicans) in lending aimed at opening the housing market to more people (the ones now losing their homes). At first this crimped sales of work trucks favored by builders and contractors at every level, but as foreclosures boomed, lending losses began to spiral out of control, credit for all borrowers began to dry up, exacerbating foreclosures as people could no longer refinance. As housing prices plummet, home equity disappears. Businesses unable to refinance existing lines of credit begin to fail. Unable to access capital, commercial and consumer lenders cannot finance purchases of equipment, vehicles, homes, appliances etc. This particularly impacts car sales. Buyers cannot find finance. Dealers cannot finance inventory. In this environment not even Toyota, paradigm of efficiency and gross margins, cannot make money. North American losses of $353 million in the last quarter are just the tip of the iceberg. The true cost of doing business in North America for Toyota this last quarter was actually more than $US800 million, as export earnings from Japan crashed due to the correction in the value of the US dollar. With nearly 50% of the domestic market (supported by &lt;i&gt;seven&lt;/i&gt; sales channels—Toyota, Toyopet, Corolla, Netz, Lexus, Daihatsu and Hino) and export earnings from other regions this loss has been absorbed by the Japanese arm. With sales continuing to fall there is worse to come for Toyota, but at least the currency losses will be contained by falling exports. All of which is merely to point out that if GM was run as well as Toyota, with Toyota&#039;s margins, they would still be losing money in this market, hand over fist. Despite good performances in Latin America, Asia and Eastern Europe, they don&#039;t have Toyota&#039;s rich protected domestic market to support losses in North America. Having dug themselves out of a hole, with the light starting to shine through, the domestic industry has been shot in the back. Congress unfortunately agrees with most of you—they think this is GM&#039;s fault, not theirs, and they don&#039;t want to do anything about it. They will not recall congress to authorize funding because they think the domestic industry should be shut down. If people lose their jobs and the economy tanks, it&#039;s ok, they can blame Bush, and people will believe them.

Don&#039;t underestimate the effect. If GM fails, then suppliers will fail, if suppliers fail then Ford and Chrysler go with them. 3 million people in the industry and local businesses dependent on them will be unemployed, within &lt;i&gt;months&lt;/i&gt;. &lt;i&gt;Millions&lt;/i&gt; of people depend on GM alone for healthcare coverage, and the supporting funding has not all been transferred to the VEBA fund to support them. With an additional 3 million people out of work, the economic situation will be horrendous. The direct economic impact will cost governments several times the cost of rescue package, and unlike the investment being asked for, will never be recovered. That does not include the flow-on effect to the rest of the economy—an economic black hole sucking more and more people into it. Toyota&#039;s recent North American losses will pall into insignificance. Businesses across the country will be forced to lay off more and more workers as spending collapses, At that stage the US government &lt;i&gt;will not be able&lt;/i&gt; to finance the stimulus package needed. Social Security is nearly bankrupt already.The highway fund is already bankrupt. There is no cash hoard from past surpluses to spend. Tax revenue will crater even without further tax cuts. If the government does not spend the paltry $50 billion now to invest in Detroit &lt;b&gt;now, it really will be the end of the world as you know it.&lt;/b&gt;</description>
		<content:encoded><![CDATA[<p>Be reasonable. GM&#8217;s current management inherited legacy costs which were unsustainable. Even in their best years they could not match the profit margins and R&amp;D investments that could be made by Toyota and Honda. Wagoner and  Co. took a system that was broken and began to fix it. They took billions out of costs, fixed product development, improved quality to a level at which the Honda Accord and Toyota Camry have not even placed among the best midsize sedans (which even Consumer Reports now belatedly acknowledges), eliminated redundant and duplicate programs in different parts of the world, poured money into competing with Toyota in Asia (one of their only growth and profit regions now), brought in a cheap subcompact at a time when not even Toyota could sell one and Honda didn&#8217;t even try, slashed daily rental sales which hurt resale values (resale values are now growing by leaps and bounds), negotiated an historic labor agreement to cut real wages and shift the burden of healthcare to the UAW, poured hundreds of billions into the company&#8217;s pension plan to ensure it would not be a future liability, they brought out fuel-economy class-leading products as oil prices spiked (not the year after). Analysts agreed that from 2010 when the new labor agreements really take effect, that the company would be in the position it needs to be to compete with Toyota and make the money it needs to.</p>
<p>But then oil prices spiked, catching everyone by surprise, even Toyota with a brand-spanking new big truck plant which has been sitting idle for months. Even Hyundai Kia, who picked now to bring out a new BOF midsize SUV just as the market tanked. And then the housing bubble burst, thanks to decades of government interference (at the instigation of Democrats and the acquiescence of many Republicans) in lending aimed at opening the housing market to more people (the ones now losing their homes). At first this crimped sales of work trucks favored by builders and contractors at every level, but as foreclosures boomed, lending losses began to spiral out of control, credit for all borrowers began to dry up, exacerbating foreclosures as people could no longer refinance. As housing prices plummet, home equity disappears. Businesses unable to refinance existing lines of credit begin to fail. Unable to access capital, commercial and consumer lenders cannot finance purchases of equipment, vehicles, homes, appliances etc. This particularly impacts car sales. Buyers cannot find finance. Dealers cannot finance inventory. In this environment not even Toyota, paradigm of efficiency and gross margins, cannot make money. North American losses of $353 million in the last quarter are just the tip of the iceberg. The true cost of doing business in North America for Toyota this last quarter was actually more than $US800 million, as export earnings from Japan crashed due to the correction in the value of the US dollar. With nearly 50% of the domestic market (supported by <i>seven</i> sales channels—Toyota, Toyopet, Corolla, Netz, Lexus, Daihatsu and Hino) and export earnings from other regions this loss has been absorbed by the Japanese arm. With sales continuing to fall there is worse to come for Toyota, but at least the currency losses will be contained by falling exports. All of which is merely to point out that if GM was run as well as Toyota, with Toyota&#8217;s margins, they would still be losing money in this market, hand over fist. Despite good performances in Latin America, Asia and Eastern Europe, they don&#8217;t have Toyota&#8217;s rich protected domestic market to support losses in North America. Having dug themselves out of a hole, with the light starting to shine through, the domestic industry has been shot in the back. Congress unfortunately agrees with most of you—they think this is GM&#8217;s fault, not theirs, and they don&#8217;t want to do anything about it. They will not recall congress to authorize funding because they think the domestic industry should be shut down. If people lose their jobs and the economy tanks, it&#8217;s ok, they can blame Bush, and people will believe them.</p>
<p>Don&#8217;t underestimate the effect. If GM fails, then suppliers will fail, if suppliers fail then Ford and Chrysler go with them. 3 million people in the industry and local businesses dependent on them will be unemployed, within <i>months</i>. <i>Millions</i> of people depend on GM alone for healthcare coverage, and the supporting funding has not all been transferred to the VEBA fund to support them. With an additional 3 million people out of work, the economic situation will be horrendous. The direct economic impact will cost governments several times the cost of rescue package, and unlike the investment being asked for, will never be recovered. That does not include the flow-on effect to the rest of the economy—an economic black hole sucking more and more people into it. Toyota&#8217;s recent North American losses will pall into insignificance. Businesses across the country will be forced to lay off more and more workers as spending collapses, At that stage the US government <i>will not be able</i> to finance the stimulus package needed. Social Security is nearly bankrupt already.The highway fund is already bankrupt. There is no cash hoard from past surpluses to spend. Tax revenue will crater even without further tax cuts. If the government does not spend the paltry $50 billion now to invest in Detroit <b>now, it really will be the end of the world as you know it.</b></p>
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		<title>By: procrastinate now</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418165</link>
		<dc:creator>procrastinate now</dc:creator>
		<pubDate>Tue, 11 Nov 2008 21:14:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418165</guid>
		<description>...timing.</description>
		<content:encoded><![CDATA[<p>&#8230;timing.</p>
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		<title>By: procrastinate now</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418162</link>
		<dc:creator>procrastinate now</dc:creator>
		<pubDate>Tue, 11 Nov 2008 21:13:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418162</guid>
		<description>Well, the other bad news for GM is that with their market cap around $2.9B, they will likely get delisted from the Dow 30.  That will be a huge blow and will erode much of what&#039;s left of confidence in the brand and the company.  As others have posted above, they have finally come into their own with some of the quality offerings they now have and, have in the pipeline.  As the old saying goes, &quot;so much in life is timimg&quot;.</description>
		<content:encoded><![CDATA[<p>Well, the other bad news for GM is that with their market cap around $2.9B, they will likely get delisted from the Dow 30.  That will be a huge blow and will erode much of what&#8217;s left of confidence in the brand and the company.  As others have posted above, they have finally come into their own with some of the quality offerings they now have and, have in the pipeline.  As the old saying goes, &#8220;so much in life is timimg&#8221;.</p>
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		<title>By: DaJudge</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418154</link>
		<dc:creator>DaJudge</dc:creator>
		<pubDate>Tue, 11 Nov 2008 20:58:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418154</guid>
		<description>I&#039;m a big believer in the &quot;free market&quot; system. But, the world market isn&#039;t always a free one -- to wit, many markets essentially prohibit GM from selling cars there, while we welcome cars from that market. Hardly fair to GM. Thank the government for that.
I don&#039;t like the idea of bailing out GM -- I&#039;m a big believer in &quot;you get what you deserve&quot; -- but we&#039;re talking about millions of jobs that are at risk if GM goes under.
I&#039;m not sure that Wagoner &amp; Co. should be forced to resign. As one poster commented: he and his administration have made huge strides at renegotiating union contracts, trimming the fat, etc. And he inherited a product line that, frankly, he couldn&#039;t just kill -- it was the $10-15K per SUV that kept GM afloat while it got new products ready and streamlined operations worldwide. Those new products have just started coming to market, and they&#039;re REALLY GOOD -- probably good enough to &quot;save the company&quot;, if the company can manage to be kept around.
Lots of companies need loans to operate -- small ones and big ones. GM&#039;s at the size that a bank can&#039;t do it -- it needs the government&#039;s help. And I&#039;m all for giving it to them ... if the government oversees how the money is spent. No massive executive salaries, no golden parachutes, and lots of wise decisions.
You can probably tell which brand I&#039;m partial to from my screenname, but if I were running GM, there&#039;d be one brand left in the US: Chevy. I&#039;d keep the best models from each division (not necessarily just the ones that were selling), and ditch the rest. These are tough times and they call for tough decisions. The world has changed and GM&#039;s old plan of numerous brands no longer makes sense -- it costs too much and is too confusing in a world of 47,000 competing brands. But I&#039;m an optimist: I believe GM can make it through this, and I believe it can again be the powerhouse it once was ... only different.</description>
		<content:encoded><![CDATA[<p>I&#8217;m a big believer in the &#8220;free market&#8221; system. But, the world market isn&#8217;t always a free one &#8212; to wit, many markets essentially prohibit GM from selling cars there, while we welcome cars from that market. Hardly fair to GM. Thank the government for that.<br />
I don&#8217;t like the idea of bailing out GM &#8212; I&#8217;m a big believer in &#8220;you get what you deserve&#8221; &#8212; but we&#8217;re talking about millions of jobs that are at risk if GM goes under.<br />
I&#8217;m not sure that Wagoner &amp; Co. should be forced to resign. As one poster commented: he and his administration have made huge strides at renegotiating union contracts, trimming the fat, etc. And he inherited a product line that, frankly, he couldn&#8217;t just kill &#8212; it was the $10-15K per SUV that kept GM afloat while it got new products ready and streamlined operations worldwide. Those new products have just started coming to market, and they&#8217;re REALLY GOOD &#8212; probably good enough to &#8220;save the company&#8221;, if the company can manage to be kept around.<br />
Lots of companies need loans to operate &#8212; small ones and big ones. GM&#8217;s at the size that a bank can&#8217;t do it &#8212; it needs the government&#8217;s help. And I&#8217;m all for giving it to them &#8230; if the government oversees how the money is spent. No massive executive salaries, no golden parachutes, and lots of wise decisions.<br />
You can probably tell which brand I&#8217;m partial to from my screenname, but if I were running GM, there&#8217;d be one brand left in the US: Chevy. I&#8217;d keep the best models from each division (not necessarily just the ones that were selling), and ditch the rest. These are tough times and they call for tough decisions. The world has changed and GM&#8217;s old plan of numerous brands no longer makes sense &#8212; it costs too much and is too confusing in a world of 47,000 competing brands. But I&#8217;m an optimist: I believe GM can make it through this, and I believe it can again be the powerhouse it once was &#8230; only different.</p>
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		<title>By: DrFill</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418145</link>
		<dc:creator>DrFill</dc:creator>
		<pubDate>Tue, 11 Nov 2008 20:48:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418145</guid>
		<description>I have to strongly disagree, Pronoun
Without the dinasours, what would become of our Jurassic Park?
I&#039;d stop comin&#039;! 
(More potential upside)
DrFill</description>
		<content:encoded><![CDATA[<p>I have to strongly disagree, Pronoun<br />
Without the dinasours, what would become of our Jurassic Park?<br />
I&#8217;d stop comin&#8217;!<br />
(More potential upside)<br />
DrFill</p>
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		<title>By: procrastinate now</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418142</link>
		<dc:creator>procrastinate now</dc:creator>
		<pubDate>Tue, 11 Nov 2008 20:43:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418142</guid>
		<description>In my earlier post, I was supportive of trying to save GM.  But, after reading the posts from Need More Oil for GM, I&#039;ve changed my mind.  Let GM go under.  Not Chapter 11, under all the way.  This way NMOFGM will lose his job cleaning the mens room at the GM plant.  When that happens, he&#039;ll no longer be able to afford his monthly ISP bill, and therefore, he won&#039;t be able to post his intellectual thoughts on this forum.  Only then will we be able to go back to having a healthy debate on the fate of the domestic auto industry.  The fate of the imports too, I suppose.</description>
		<content:encoded><![CDATA[<p>In my earlier post, I was supportive of trying to save GM.  But, after reading the posts from Need More Oil for GM, I&#8217;ve changed my mind.  Let GM go under.  Not Chapter 11, under all the way.  This way NMOFGM will lose his job cleaning the mens room at the GM plant.  When that happens, he&#8217;ll no longer be able to afford his monthly ISP bill, and therefore, he won&#8217;t be able to post his intellectual thoughts on this forum.  Only then will we be able to go back to having a healthy debate on the fate of the domestic auto industry.  The fate of the imports too, I suppose.</p>
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		<title>By: stick2clutch</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418129</link>
		<dc:creator>stick2clutch</dc:creator>
		<pubDate>Tue, 11 Nov 2008 20:08:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418129</guid>
		<description>@NMOFGM, though as I said earlier, GM should be helped, I disagree with you in that it is not the consumer&#039;s fault for GM being in this position. The reality is that they did it to themselves. They relied heavily on trucks and SUVs while the rest of the market had a more complete line-up with better built cars. When the bottom fell out of the SUV market mainly due to high gas prices, GM took a knee. Add to that the fact that credit has nearly ceased in the US market, GM took the second knee. The difference is that they were finally starting to show signs of decent offerings. And if Wagoner needs to get the hell out of there for GM to survive, let me know. I&#039;ll go get&#039;m.</description>
		<content:encoded><![CDATA[<p>@NMOFGM, though as I said earlier, GM should be helped, I disagree with you in that it is not the consumer&#8217;s fault for GM being in this position. The reality is that they did it to themselves. They relied heavily on trucks and SUVs while the rest of the market had a more complete line-up with better built cars. When the bottom fell out of the SUV market mainly due to high gas prices, GM took a knee. Add to that the fact that credit has nearly ceased in the US market, GM took the second knee. The difference is that they were finally starting to show signs of decent offerings. And if Wagoner needs to get the hell out of there for GM to survive, let me know. I&#8217;ll go get&#8217;m.</p>
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		<title>By: DrFill</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418125</link>
		<dc:creator>DrFill</dc:creator>
		<pubDate>Tue, 11 Nov 2008 19:46:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418125</guid>
		<description>Did Vegas run any odds on when GM would actually start giving a $@&amp;! about the cars they made?
DrFill</description>
		<content:encoded><![CDATA[<p>Did Vegas run any odds on when GM would actually start giving a $@&amp;! about the cars they made?<br />
DrFill</p>
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		<title>By: bolex</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418120</link>
		<dc:creator>bolex</dc:creator>
		<pubDate>Tue, 11 Nov 2008 19:42:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418120</guid>
		<description>its a shame, really.  after 25 years of slacking they finally get decent products out, and run out of money.</description>
		<content:encoded><![CDATA[<p>its a shame, really.  after 25 years of slacking they finally get decent products out, and run out of money.</p>
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		<title>By: nitinsharma1000</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418118</link>
		<dc:creator>nitinsharma1000</dc:creator>
		<pubDate>Tue, 11 Nov 2008 19:31:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418118</guid>
		<description>LET GM BURN. Its gonna be a cold winter anyway. And throw NEED MORE OIL FOR GM in the fire too.</description>
		<content:encoded><![CDATA[<p>LET GM BURN. Its gonna be a cold winter anyway. And throw NEED MORE OIL FOR GM in the fire too.</p>
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		<title>By: TomF</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418103</link>
		<dc:creator>TomF</dc:creator>
		<pubDate>Tue, 11 Nov 2008 19:20:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418103</guid>
		<description>I forgot to rule on the fate of Saab. Either sell Saab to the Chinese or use new Saabs to make artifical reefs. Stop bothering the American people with dozens of nearly identical cars that you don&#039;t know how to market or justify and that are designed to be sold fifteen years ago. That is all.</description>
		<content:encoded><![CDATA[<p>I forgot to rule on the fate of Saab. Either sell Saab to the Chinese or use new Saabs to make artifical reefs. Stop bothering the American people with dozens of nearly identical cars that you don&#8217;t know how to market or justify and that are designed to be sold fifteen years ago. That is all.</p>
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		<title>By: TomF</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418098</link>
		<dc:creator>TomF</dc:creator>
		<pubDate>Tue, 11 Nov 2008 19:17:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418098</guid>
		<description>If we the taxpayers are going to own a piece of this badly run company, I want some say about what it does next. Without adult supervision, the GM brain trust will simply take our $50 billion, power up the Suburban / Tahoe production line, call the UAW back to work at triple time, and proclaim all&#039;s well. 

These people learn nothing -- ever. 

As a potential new part-owner of General Motors I command that Buick, Pontiac, and Saturn be killed off immediately. Hummer must be sold by Friday to some Indian loosehead. Chevrolet, Cadillac, and GMC will continue with no more than ten nameplates sold at Chevy, five at Caddy, three at GMC. And GM will commit today to producing no more pure gasoline-powered vehicles by 2015.

Listen to your new owners, you idiots... the American people.</description>
		<content:encoded><![CDATA[<p>If we the taxpayers are going to own a piece of this badly run company, I want some say about what it does next. Without adult supervision, the GM brain trust will simply take our $50 billion, power up the Suburban / Tahoe production line, call the UAW back to work at triple time, and proclaim all&#8217;s well. </p>
<p>These people learn nothing &#8212; ever. </p>
<p>As a potential new part-owner of General Motors I command that Buick, Pontiac, and Saturn be killed off immediately. Hummer must be sold by Friday to some Indian loosehead. Chevrolet, Cadillac, and GMC will continue with no more than ten nameplates sold at Chevy, five at Caddy, three at GMC. And GM will commit today to producing no more pure gasoline-powered vehicles by 2015.</p>
<p>Listen to your new owners, you idiots&#8230; the American people.</p>
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		<title>By: PassingGear</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418074</link>
		<dc:creator>PassingGear</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:36:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418074</guid>
		<description>Need more &lt;i&gt;money&lt;/i&gt; (for GM...)   LOL  

Everyone&#039;s &#039;favorite&#039; GM apologist has &lt;b&gt;really&lt;/b&gt; been &quot;drinking the koolaid&quot; but sadly it hasn&#039;t killed him yet.</description>
		<content:encoded><![CDATA[<p>Need more <i>money</i> (for GM&#8230;)   LOL  </p>
<p>Everyone&#8217;s &#8216;favorite&#8217; GM apologist has <b>really</b> been &#8220;drinking the koolaid&#8221; but sadly it hasn&#8217;t killed him yet.</p>
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		<title>By: DrFill</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418070</link>
		<dc:creator>DrFill</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:31:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418070</guid>
		<description>As I said before
Give them money
Fine
Won&#039;t solve the problem
Insolvency is the effect of their problems
Not the cause
DrFill</description>
		<content:encoded><![CDATA[<p>As I said before<br />
Give them money<br />
Fine<br />
Won&#8217;t solve the problem<br />
Insolvency is the effect of their problems<br />
Not the cause<br />
DrFill</p>
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		<title>By: steve333</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418066</link>
		<dc:creator>steve333</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:25:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418066</guid>
		<description>I guess I&#039;ll have to re-post what I wrote on the other Thread. Yes, GM has screwed up product wise for a long time but they have been producing good product the last few years and they are coming out with even better stuff the next year (if they make it). To have such disdain for a home grown company is pretty repulsive to me. 

Anyone who wants to see GM go down and all its employees lose their jobs is insane. 

The suppliers who supply parts to GM, Chrysler, and Ford also supply parts to Toyohondasan. If suddenly the Big 3 go bankrupt those suppliers will not have enough cash to remain in business, meaning your beloved foreign auto manufacturers will not be able to build the cars you will only buy.

After the Big 3 go under, the suppliers go under, then every company that caters to these companies start to fall like dominoes-the restaurants, barbers, dry cleaners, office supply stores, advertising agencies, etc etc all go out of business leaving a mass of unemployed who will now be dependent on the Govmnt for unemployment, health care, pensions, then most likely welfare.

We are talking about millions of jobs and billions of dollars over what GM needs as a bridge loan to get them through this crisis.

And while they may have brought some of this on themselves product wise, that is mostly in the past, and they are competing against companies that do not have to pay health care for their workers, from countries that did not give the same market access as we gave to their companies.

Lastly, ALL of the car companies are failing right now-Toyota down 25%, Honda and Nissan and Mercedes down big time. Noone saw this coming, if it weren’t for the credit crisis this discussion would not be taking place. Since it is and they all have great product coming out next year when hopefully the credit crisis will have eased they need a bridge loan to get them there. This is not unreasonable considering the Federal Govmnt does absolutely nothing to aid our manufacturers while all foreign Govmnts do aid their industries.

To sum up-It will cost us MUCH more later than doing something now, both in monetary terms and psychological.
It may not bother you to see the USA have no Homegrown Auto companies left, but I guarantee it would bother Real Amercans a great deal.</description>
		<content:encoded><![CDATA[<p>I guess I&#8217;ll have to re-post what I wrote on the other Thread. Yes, GM has screwed up product wise for a long time but they have been producing good product the last few years and they are coming out with even better stuff the next year (if they make it). To have such disdain for a home grown company is pretty repulsive to me. </p>
<p>Anyone who wants to see GM go down and all its employees lose their jobs is insane. </p>
<p>The suppliers who supply parts to GM, Chrysler, and Ford also supply parts to Toyohondasan. If suddenly the Big 3 go bankrupt those suppliers will not have enough cash to remain in business, meaning your beloved foreign auto manufacturers will not be able to build the cars you will only buy.</p>
<p>After the Big 3 go under, the suppliers go under, then every company that caters to these companies start to fall like dominoes-the restaurants, barbers, dry cleaners, office supply stores, advertising agencies, etc etc all go out of business leaving a mass of unemployed who will now be dependent on the Govmnt for unemployment, health care, pensions, then most likely welfare.</p>
<p>We are talking about millions of jobs and billions of dollars over what GM needs as a bridge loan to get them through this crisis.</p>
<p>And while they may have brought some of this on themselves product wise, that is mostly in the past, and they are competing against companies that do not have to pay health care for their workers, from countries that did not give the same market access as we gave to their companies.</p>
<p>Lastly, ALL of the car companies are failing right now-Toyota down 25%, Honda and Nissan and Mercedes down big time. Noone saw this coming, if it weren’t for the credit crisis this discussion would not be taking place. Since it is and they all have great product coming out next year when hopefully the credit crisis will have eased they need a bridge loan to get them there. This is not unreasonable considering the Federal Govmnt does absolutely nothing to aid our manufacturers while all foreign Govmnts do aid their industries.</p>
<p>To sum up-It will cost us MUCH more later than doing something now, both in monetary terms and psychological.<br />
It may not bother you to see the USA have no Homegrown Auto companies left, but I guarantee it would bother Real Amercans a great deal.</p>
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		<title>By: Impulsive</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-2#comment-418064</link>
		<dc:creator>Impulsive</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:24:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418064</guid>
		<description>Just buy gold and relax ... it&#039;ll all work out in the end just ike it did in January of 1980.</description>
		<content:encoded><![CDATA[<p>Just buy gold and relax &#8230; it&#8217;ll all work out in the end just ike it did in January of 1980.</p>
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		<title>By: yarddog82abn</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418063</link>
		<dc:creator>yarddog82abn</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:22:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418063</guid>
		<description>&quot;Wagoner said GM is willing to cap executive pay&quot; .......LOL..LOL....LOL....., 
&quot;But he’s unwilling to step down as CEO, and he doesn’t think major management changes will solve the problem.&quot;.....LOL...LOL....LOL....

THE TRUTH TO THE FACT IS, THAT FEDERAL GOVERNMENT WILL BALE OUT THE BIG 3, THEY DID IT ONCE BACK IN THE EARLY 90′S FOR DODGE, THEY WILL DO IT AGAIN, YOU CAN BLAME WHO EVER YOU WANT THEY WILL GET IT, THERE&#039;S GOING TO BE A DEMOCRAT IN OFFICE AND THE UNIONS PAID BIG MONEY FOR IT, IF THEY GET THERE WAY THERE WILL BE A NEW &quot;IMPORTATION TAX&quot; FOR FOREIGN AUTO MAKERS, MAKING THEM TO START BUILDING THERE CARS STATE SIDE, AND SO THE UNION WILL GET IN ALL THE U.S. PLANTS REGARDLESS OF MANUFACTURER... 
&quot;WHAT, DON&#039;T TELL ME YOU GUY&#039;S DIDN&#039;T GET THE MEMO&quot;...</description>
		<content:encoded><![CDATA[<p>&#8220;Wagoner said GM is willing to cap executive pay&#8221; &#8230;&#8230;.LOL..LOL&#8230;.LOL&#8230;..,<br />
&#8220;But he’s unwilling to step down as CEO, and he doesn’t think major management changes will solve the problem.&#8221;&#8230;..LOL&#8230;LOL&#8230;.LOL&#8230;.</p>
<p>THE TRUTH TO THE FACT IS, THAT FEDERAL GOVERNMENT WILL BALE OUT THE BIG 3, THEY DID IT ONCE BACK IN THE EARLY 90′S FOR DODGE, THEY WILL DO IT AGAIN, YOU CAN BLAME WHO EVER YOU WANT THEY WILL GET IT, THERE&#8217;S GOING TO BE A DEMOCRAT IN OFFICE AND THE UNIONS PAID BIG MONEY FOR IT, IF THEY GET THERE WAY THERE WILL BE A NEW &#8220;IMPORTATION TAX&#8221; FOR FOREIGN AUTO MAKERS, MAKING THEM TO START BUILDING THERE CARS STATE SIDE, AND SO THE UNION WILL GET IN ALL THE U.S. PLANTS REGARDLESS OF MANUFACTURER&#8230;<br />
&#8220;WHAT, DON&#8217;T TELL ME YOU GUY&#8217;S DIDN&#8217;T GET THE MEMO&#8221;&#8230;</p>
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		<title>By: bauer100</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418061</link>
		<dc:creator>bauer100</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:20:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418061</guid>
		<description>the comments are starting to get cliche.  why not wish for the bankruptcy of all the banks and other financial institutions while your at it.  if everything happened what everyone here is wishing for this world would be a Mad Max era waste land.</description>
		<content:encoded><![CDATA[<p>the comments are starting to get cliche.  why not wish for the bankruptcy of all the banks and other financial institutions while your at it.  if everything happened what everyone here is wishing for this world would be a Mad Max era waste land.</p>
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		<title>By: DrFill</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418055</link>
		<dc:creator>DrFill</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:09:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418055</guid>
		<description>All you unAmerican A-holes who are working the assembly lines or the showroom floors at your Toyota and Honda dealerships need to wake up and understand that you are doing nothing for this country except selling your country to the slime of the Earth. You are an embarrassment to this Country and need to either get out of this country or die. This is GM country people, and you don’t belong here selling terrorists’ product. 

Needforoil
The only terrorists are bloggers like you and Management like GM&#039;s
More evidence that you shouldn&#039;t blog with handcuffs on
DrFill</description>
		<content:encoded><![CDATA[<p>All you unAmerican A-holes who are working the assembly lines or the showroom floors at your Toyota and Honda dealerships need to wake up and understand that you are doing nothing for this country except selling your country to the slime of the Earth. You are an embarrassment to this Country and need to either get out of this country or die. This is GM country people, and you don’t belong here selling terrorists’ product. </p>
<p>Needforoil<br />
The only terrorists are bloggers like you and Management like GM&#8217;s<br />
More evidence that you shouldn&#8217;t blog with handcuffs on<br />
DrFill</p>
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		<title>By: 400horseSS</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418053</link>
		<dc:creator>400horseSS</dc:creator>
		<pubDate>Tue, 11 Nov 2008 18:08:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418053</guid>
		<description>Are you guys sure this isn&#039;t the unions fault, Wagoner should afraid wait very afraid to start any of his 20 cars in his garage.</description>
		<content:encoded><![CDATA[<p>Are you guys sure this isn&#8217;t the unions fault, Wagoner should afraid wait very afraid to start any of his 20 cars in his garage.</p>
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		<title>By: desertdweller</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418047</link>
		<dc:creator>desertdweller</dc:creator>
		<pubDate>Tue, 11 Nov 2008 17:40:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418047</guid>
		<description>If all of you think back to the year 2001, who was it that burned thru money like there was no tomorrow to help ou the country?  If it wasn&#039;t for GM &amp; Ford coming out with the programs after 9/11 to stimulate &amp; jump start the economy, when all of us thought the economic world was coming to an end, we would have been in a similar situation that we are in now.  That&#039;s when they offered 0% financing on all of their vehicles, at the time they had no idea whether there was going to be more money to borrow at GMAC or FMCC.  Sure they benifited from it, but so did the american people.  It could have failed miserably, they could have lost billions of $, but they put their faith into american.  Why is it now such a terrible thing for them to look for a little payback.  I do agree that they MUST limit exec. pay, those guys to need to get a taste of what the rest of us are going thru.  But like I&#039;ve said before, if the american auto makers go down, the whole country is in for a depression.</description>
		<content:encoded><![CDATA[<p>If all of you think back to the year 2001, who was it that burned thru money like there was no tomorrow to help ou the country?  If it wasn&#8217;t for GM &amp; Ford coming out with the programs after 9/11 to stimulate &amp; jump start the economy, when all of us thought the economic world was coming to an end, we would have been in a similar situation that we are in now.  That&#8217;s when they offered 0% financing on all of their vehicles, at the time they had no idea whether there was going to be more money to borrow at GMAC or FMCC.  Sure they benifited from it, but so did the american people.  It could have failed miserably, they could have lost billions of $, but they put their faith into american.  Why is it now such a terrible thing for them to look for a little payback.  I do agree that they MUST limit exec. pay, those guys to need to get a taste of what the rest of us are going thru.  But like I&#8217;ve said before, if the american auto makers go down, the whole country is in for a depression.</p>
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		<title>By: FSVT_ROCK</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418042</link>
		<dc:creator>FSVT_ROCK</dc:creator>
		<pubDate>Tue, 11 Nov 2008 17:29:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418042</guid>
		<description>Bush is right, we shouldn&#039;t bailout the auto market, just let them crash and burn like what GM did to AMC.  Both Chrysler and GM already in trouble few years ago already, and the management keep f-up everything and try to walk out with few extra million dollar in their own pocket.  AIG does the same thing too.  The only reason Honda and Toyota is going to go down is they have partner with GM for a while now specially Toyota.  All those CEO and top manager get pay way too much money already, and now they have totally mess everything up and still want to take home extra money.  

The CAFE stander should be in the 35mpg long time ago, not 2012.  What we need is a real car guy to run the auto business, instead those loser who think they can run this business.  Look at all those GM and Chrysler car and truck looks like crap and ugly, that&#039;s why no one want to buy it and the quility are sucks too.  Some one just have stick their foot in to those CEO and top manager&#039;s ass, and fired them one by one and reform a stander pay for CEO and managers.</description>
		<content:encoded><![CDATA[<p>Bush is right, we shouldn&#8217;t bailout the auto market, just let them crash and burn like what GM did to AMC.  Both Chrysler and GM already in trouble few years ago already, and the management keep f-up everything and try to walk out with few extra million dollar in their own pocket.  AIG does the same thing too.  The only reason Honda and Toyota is going to go down is they have partner with GM for a while now specially Toyota.  All those CEO and top manager get pay way too much money already, and now they have totally mess everything up and still want to take home extra money.  </p>
<p>The CAFE stander should be in the 35mpg long time ago, not 2012.  What we need is a real car guy to run the auto business, instead those loser who think they can run this business.  Look at all those GM and Chrysler car and truck looks like crap and ugly, that&#8217;s why no one want to buy it and the quility are sucks too.  Some one just have stick their foot in to those CEO and top manager&#8217;s ass, and fired them one by one and reform a stander pay for CEO and managers.</p>
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		<title>By: mulletmaster</title>
		<link>http://www.leftlanenews.com/wagoner-gm-needs-federal-aid-within-weeks.html/comment-page-1#comment-418039</link>
		<dc:creator>mulletmaster</dc:creator>
		<pubDate>Tue, 11 Nov 2008 17:17:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.leftlanenews.com/?p=11335#comment-418039</guid>
		<description>So you are saying that one should buy what they think is a POS GM car made in Mexico where the Mexicans get paid to make it over say a Honda made in the US that employs US workers?  It is called Free Market for a reason, if  you feel everyone in the US should drive a GM why don&#039;t you start by buying me a new Corvette, I wont even be picky and ask for a Z06 or ZR-1.</description>
		<content:encoded><![CDATA[<p>So you are saying that one should buy what they think is a POS GM car made in Mexico where the Mexicans get paid to make it over say a Honda made in the US that employs US workers?  It is called Free Market for a reason, if  you feel everyone in the US should drive a GM why don&#8217;t you start by buying me a new Corvette, I wont even be picky and ask for a Z06 or ZR-1.</p>
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