December 07, 2008
IT'S NOT A BUSINESS PLAN, IT'S A DISNEY SCRIPT.
Jim Manzi at NRO explains the difference between what GM submitted to Congress and a real business plan.
The difference? A business plan is required to show how the company will make money. What GM gave congress is a political document designed to help politicians make socialism sound like business.
Without, you know, all that annoying profit.
Pathetic. Bankruptcy is the only answer, because nothing else describes their current condition.
Happily, the unions are panicking. I say that unless they can show some value that is added by workers belonging to the union, they should be eliminated from the discussion. Since there is no value added by unionism, they are not a party to the discussion.
Period.
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The difference? A business plan is required to show how the company will make money. What GM gave congress is a political document designed to help politicians make socialism sound like business.
Without, you know, all that annoying profit.
Pathetic. Bankruptcy is the only answer, because nothing else describes their current condition.
Happily, the unions are panicking. I say that unless they can show some value that is added by workers belonging to the union, they should be eliminated from the discussion. Since there is no value added by unionism, they are not a party to the discussion.
Period.
Posted by: JBD at
04:53 PM
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