General Motors has released a video showing how important they are to the North American economy.
Of course the question isn’t that the automakers need help, the question is what steps make the most sense and I am not convinced that a bailout will do anything than prolong the inevitable. The video above came embedded in a AP story posted on The Globe and Mail. Since when are propaganda videos embedded in news stories?
Coop … as you, and others have been saying … isn’t the fact right in those first several seconds of stats? 239,000 current employees, supporting 775,000 retirees, spouses and dependents. Do the math, there’s no way they can carry that load, is there? especially not with the benefit packages the retirees have ( not blaming, or complaining, just saying … ).