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what do Summers and Geithner know about making cars?

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http://apnews.myway.com/article/20090216/D96CLG6O0.html

It will take more than one "car czar" to help get the embattled U.S. auto industry back on track, President Barack Obama has decided. Instead, his administration is establishing a presidential task force to direct the restructuring of General Motors Corp. (GM) and Chrysler LLC, a senior administration official said Sunday night.

Treasury Secretary Timothy Geithner and National Economic Council Director Lawrence Summers will oversee the across-the-government panel, the official said, speaking on the condition of anonymity because no announcement has been made.

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what do Summers and Geithner know about making cars?

 

 

You'll have to ask their drivers...........wink.gif

 

They don't , but to be fair I have had presidents, owners, CFOs, CEOs, sales opps manager, vps working for a manufacturer and they know nothing or very little about the product being made, its' feature set, and who and what it's designed for. They are on a higher level, often handling strategy, marketing, costs, analysis, return of investment, investments vs risk managment, productivity and of course increasing shareholder value. Its foolish to think of people at that level to know what the granularity of every detail is. In this case cars.

 

I'm not saying it's impossible, more likely than not if a president or owner of a company, knows these ideosyncrisys it's because at one time in their career they did that work.

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There aren't many things worse for our country than for the government to step in and do "what's best" for us. Those idiots could screw up a one-car funeral.

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View PostCan anyone honestly say that the government can do any worse a job of overseeing Chrysler and GM than those running the companies have done over the last few years?

 

YES!!!

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