Wednesday, June 10, 2009

"I Don't Know Anything About Cars"

So says the new GM Chairman Mr. Ed Whitacre.

I am feeling pretty good about this government ownership thing. Especially because he said he'd learn. How complex can running a multi-billion dollar, multi-national car company be? There's nothing unique about the auto industry. A business is a business, parts is parts, and all you gotta do is have enough sales to cover your costs with a lil' bit left over. Yep. It's just that easy.

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