Need for a Harmony of Interests

"The demand for harmony does not mean that society should abandon its right to limit the exercise of economic power on the part of the corporation" Peter F. Drucker

Action: "Until early in 2004 many well-known mutual funds permitted large customers to trade after the close of business, which gave these large customers the advantage of knowing the sell price at the time of sale, a benefit unavailable to the common shareholder. Send an e-mail to the chairman of a mutual fund in which you own shares and ask for proof that you were not harmed by this practice." Peter F. Drucker

Too big to fail? Too important to follow regulations? Too critical to be held accountable for Social responsibility?

You and I now own more of GM than the Germans and French own of VW and Renault. Who are the socialists now. That happened under a Republican and a Democrat is perpetuating the mistake. Do we really need three BIG car manufacturers in this country? Especially when two of them just don't get it? You'd think that by now GM would have handed over the reigns to someone from Opel (it's European Sub).

This while 40 million Americans have no health insurance, and I pay twice as much as the French for a shorter life-span, and anywhere form 10 to 20% of those wanting work can't get it. We continue to prop up a dinosaur company, so that it can sell cars at ultra thin (if not negative margins) to Chinese new-consumers. If President Obama is going to be an owner, he needs to start acting as an owner and bite the bullet. GM's products have been obsolete in the American market for "decades"... Shut down GM-NA, and give some-one else a go. For example:

The Electrification Coalition is a nonpartisan, not-for-profit group of business leaders committed to promoting policies and actions that facilitate the deployment of electric vehicles on a mass scale in order to combat the economic, environmental, and national security dangers caused by our nation’s dependence on petroleum http://www.electrificationcoalition.org/

It's "Electrification Roadmap" was released on November 16th, 2009. In it, you will, no doubt find one of the pathways to follow in the next 50 years. Let's get ahead of the next curve, rather than throwing good money after bad.