re: Facts, distortions, and the coming auto company bailout

Roxanne — Mon, 08 Dec 2008 21:37:51 GMT

I'd like to share a possible solution to the GM crisis that impressed me. What if Exxon were to invest in GM and create a corporate mash-up. (jonsherrington.blogware.com/.../3988390.html). The new company would have the unique ability to balance the profit equation of car value to fuel efficiency, help regulate demand for (and price of) gasoline: a customer-centric utopia. Exxon has the financial resources to reinvest, with a more commanding management team. This blog entry has three parts; two that deal with this specific suggestion and another that stresses the power of corporate mash-ups in a recession. Great read.

re: Facts, distortions, and the coming auto company bailout

Gail Reynolds — Thu, 04 Dec 2008 21:24:38 GMT

There has always been a problem with the unions. But I view it in another manner. I do not think the problem is with the unions or the companies or for that matter federal spending. I do believe the problem is with insurance in this country. Mortgage insurance, health insurance, auto insurance. No one is rewarded for doing anything right. They are just gouging us with their acturarial charts. A re structuring of all facets of insurance in this country, and frankly, what their top people are getting paid is right up there with all these other people running various businesses, would have an enormous affect on all of us whether we be individuals, business owners or for that matter the federal government. I think for all of our sakes this is the most important issue facing this country nowadays. Can you imagine how some re structuring of that industry would stimulate the economy?