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Showing posts with label auto manufactuers. Show all posts
Showing posts with label auto manufactuers. Show all posts

Wednesday, April 1, 2009

The Pragmatist


So he fired the CEO of GM. Don't look for him to cry over that one. Obama grew up the same time I did--in the heat of the sixties. We grade schoolers had only one question--what was everyone so upset about? We thought all that demonstrating and carrying on was ridiculous. For my part I wore a Nixon T shirt. You couldn't get more practical than that and I came from a family of privilege in Virginia. Imagine the pragmatist in a black man who bulls his way into Harvard then to the top of the law review.

Smart. You bet. You got to be smart to overcome those odds. You can't look to the main for anything. So don't look for him to cry over the Unions when he busts them in bankruptcy because GM is going bankrupt. Shareholders and workers be dammed there is a new sheriff in town and he will bring the new economy with him. What do you want him to do? Give the fat white guys another chance? They had many and blew it and one thing a pragmatist knows is no one really changes and no one gives up power. You really think GM is going to come up with great fuel efficient cars on their own? I don't think so. Why pay for the milk when you can get it for free? And they have been getting the milk for free for so long we are talking generations who were on the tit.

Political Pundits call it suicide. Hang the unions around the Democrats neck. The party that busted up GM. So what. Somebody has to do it. GM couldn't make the changes without concessions and the pragmatist knows nobody gives up power and money unless they have to. And the Unions will have to in a bankruptcy. So its bye bye Obama according to the talking heads. Maybe so. But if you are a black man running the free world you can't bet on the status quo. The only chance you have is to actually do the right thing. You have to bring in the new economy because it is the only chance you really have. In case you haven't heard, the old economy is DOA. Aint no one buying overpriced cars that eat gas anymore. So really, what's a smart man to do?

You get rid of the old wood. Start with the car companies and work your way down. Auto workers will be upset. Welcome to the displacement party. We have all been displaced. Publishing, real estate, brokering, banking...we are just warming up. If you think you are slipping through this transition doing business as usual then guess again. That would presuppose there is still some gas in the old economy tank and there really isn't. Even the quick fill ups by the government don't last because that world is gone. There are no buyers. So even if Obama was a different man and went along with all the goofy old white guys and gave GM ten more restructuring band aid the result would be the same. A desert of economic demand. There is none. Not for the old models anyway.

So here we are. Canned the CEO of GM and he is just warming up. Listen up bankers. You are next. Welcome to the new economy. Dreamers need not apply.

Friday, December 12, 2008

The Japanese Woman


"Oh you bought few items and still cost eighty dollars."
"That's Target," I murmured, watching her scan my few items.
"Very cold outside tonight...hope your car start."
I smiled. "I do too."
"American cars no good."
"Well they aren't worth much now."
The Japanese woman squinted.
"Japanese make cars differently."
"You mean better?'
"No...no...something else different...American car companies have something different."
"Lack of Research and Development?"
"No...no....something else...I can't think of word."
"Greed."
"No..."
"Myopic."
She stopped scanning my items.
"No...Japanese car companies no have this...this makes American car companies broke."
"Gas guzzlers?"
"No."
"They no fly jet when asking for money."
"Stupidity."
"No...I cant' think of the word.
She frowned at the computer and handed me my receipt.
"Something else...make all American car companies broke."
"Lack of foresight."
I shrugged. "I don't know..." I said, picking up my groceries.
"Oh...I know...I know.."
I turned around and stared at her. She smiled, stabbing the air with her fingers.
"Union....Japanese no have, union!"
I nodded slowly.
"So they don't."

Thursday, December 4, 2008

CAR SALESMAN

It is a derogatory term. CAR SALESMAN. If you really wanted to sum up someone who was a conman or flimflam artist then you called him a car salesman. You remember those guys, they would promise you one thing and then suddenly you were in the struggle of your life not to get ripped off. These same guys are now in Washington--they drove--how middle class--and they are asking for billions to save their hides. Now where were they when those big cars of ours dropped by twenty five percent the moment we drove them off the lot? Or how about the second our warranty expired and the transmission went out? Or that strange noise our new car made and you brought it back to the dealer to find out it was kanooten valve or the brakes or the axle...oh and by the way, you know that bumper to bumper warranty you are paying fifteen hundred bucks for--ITS NOT COVERED UNDER THAT. Then we walk out a cool thousand bucks poorer, going to some garage guy to fix our problem because we can't afford to go back to the dealer. NOW WHY IS THAT? Or how come those foreign cars seem to be so much tighter in the steering and not break down and even cost less? Now why is that? Or the way we would watch our gas tanks get sucked dry by engines that are about as efficient as a steam locomotive while the rest of the world is working on hybrids and fuel efficient engines. Now our cars are worthless. If you own anything over a mid size car then good luck. Your blue book tells it all. And these same guys who gave us forty five thousand dollar price tags...who made so much money on the SUV's they made them like hotcakes--these same guys--these car salesman--now want to get billions of dollars because they priced themselves out the market and didn't bother to give America a decent car? You know what, let them walk back to Detroit. They probably wouldn't make it in their cars anyway.

Books by William Hazelgrove