They seemed so indestructible
Monte Carlo, Skylark, Gran Prix
Who could have imagined
this empire of steel
would come crashing down
and we would be
digging through the ruins
What went wrong?
a company drunk on itself
and in bed with Bandar
killed the EV-1 for the Hummer
We bought the myth
of mobility and expansion
leaving our cities to wither
As the saying goes, "What's good for GM is good for the country." Since we have now been made 60% owners, why not bring some vision and viability to the table?
Let's start spending all of those billions on something that is sensible and sustainable. Why not:
- Expand GM’s focus to transportation and energy? It could make buses (it used to), light rail (at one time it owned, and then killed off, many trolley companies), and passenger rail cars for high speed rail (as Japan has for 45 years). We could build and install solar panels and wind mills. Provide training and create jobs in green industry. This trumps the current restructuring plan which will result in the loss of 22,000 more domestic jobs, the shuttering of at least twelve factories and the closing of 2,600 car dealers. Let's keep the jobs that would be created local.
- Replace our fragmented inefficient health care system with single payer to make us competitive with other countries. GM spent more on health insurance than on steel. This is one reason operations were moved from Detroit to Windsor.
- Restore pensions which retired employees have earned through years of service.
GM, a 100 year old company, once the world’s largest car manufacturer, is filing for Chapter 11 bankruptcy protection.
The last survivor of the titanic died today at age 97.