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Old 05-20-2009, 07:27 AM
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GM was doomed a long time ago.

They are top heavy
They have been carrying the 50 billion plus retired account around like a ball and chain for years
They still, to this day, operate off the "good ole boy" method
They upper management never seems to address long term issues

And the list just keeps getting longer and longer.

It is amazing what a number of years of reckless abandonment can do.

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Old 05-20-2009, 09:23 AM
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Did I read the UPI story correctly ? A 800 square foot house for $900,000 ???
Must be true if the govt. is involved .... and maybe a preview of what a new car will cost after all the govt. meddling/engineering ???
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Old 05-20-2009, 09:32 AM
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Hmmm, have the 'nihilists' turned their back on America, or has America turned her back on those that believe strongly in the principles she was founded on? Namely, hard work and self sufficiency. Everybody get together and drink the Obama-aide while we slide down the slope into irrelevance.
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Old 05-20-2009, 09:54 AM
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Quote:
Originally Posted by Bobcat View Post
Did I read the UPI story correctly ? A 800 square foot house for $900,000 ???
Must be true if the govt. is involved .... and maybe a preview of what a new car will cost after all the govt. meddling/engineering ???
I think there is a bit of difference between someone building a house with known off the shelf proven technologies and researchers engineering something completely new. If this was truly engineering new technologies, it would have cost 10's of millions of dollars or more. I suspect this is student project involved dozens of researchers working together with both proven and prototype technologies to build a one off deliverable. I'm sure if someone actually built a whole development of these houses the cost would be reasonable, but still higher than a normal home.
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