3/19/14

G.M. Ignition Switch Lemon's Obama Admin's Fault?

When the U.S. Government became G.M.'s owner in 2009 after sending it through bankruptcy it forced out G.M.'s president and shared responsibility with the 17% U.A.W. stake and 13% ownership by the Canadian government for what the corporation would become. It is possible that managing potential ignition switch defects was not it's main concern. G.M. leadership was the White House in effect. President Obama's team placed quality control standards upon it. Addressing new liabilities that might have been avoided were not issue number one. Is that the responsibility of the owner of G.M. then, the U.S. Government?



One writer suggests that G.M. raised the prices of 2014 full size p.u.'s $1500 covering the cost of rebates on most models. The idea is that the G.M. bailout was mostly for the benefit of the U.A.W.-other car manufacturers were profitable without government takeover. It is notable that the issue only made it to the public a few months after the U.S. Government sold it's final shares of G.M.








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