Quote:
Originally Posted by tw
No spanking. Between us, demonstrated is what GM is excellent at doing. They actually have some people believing their latest myths. Because Rick Wagoner stopped taking a salary, then he made concessions?
You have posted what is probably popular beliefs. GM would do this propaganda every five some years. They would say, "We were making bad cars but we have now got our act together." As if an act of contrition suddenly made a saint. But people would believe that myth. GM promoted that myth again only two years ago. Now is using that propaganda machine to promote a myth of stability.
Reality - GM is either as bad as I have stated - or worse. Popular press is now suggesting 'medicine' even worse than I thought necessary only six months ago. GM is falling like a rock faster than anyone here had predicted. Nothing short of wholesale management removal can even start a recovery.
So they surrendered a few private jets. Chrysler's Nardelli did not even take a salary cut. The arrogance and denial remains. And still some people praise their GM products. And still some always believe that myth of "but we are better now". Well, Chrysler would be doing the same thing if they had an equally effective propaganda machine. You have simply demonstrated how effective their propaganda machine really is.
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I checked. When you're right, you're right.