( - promoted by Eric B.)
Kind of reminds me of how Newt Gingrich left his cancer-stricken first wife for a younger, prettier woman. General Motors is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said Monday.
...snip... A move by GM to leave Detroit would represent another blow for the economy of a region already reeling from the bankruptcy of Chrysler LLC and the sharp downturn in auto manufacturing.
Just this morning, representatives from the auto industry were lauding Jennifer Granholm for sticking up for them. Although the thought does strike me that they could be using this as a negotiating stick of some kind, it's nice to know how valuable a partner they find state government and our Congressional delegation. Meanwhile, I'm sure the Detroit News will find some reason to blame this on the unions, environmentalists, or Gretchen Whitmer's campaign to repeal Michigan's one-of-a-kind drug immunity law. Update! ... It struck me, just as I was hitting the "Save" key that perhaps what's in the works is a brilliant plan by GM to outsource management of the company to India. Not only would it save the company millions each year, but it would also shift decision making duties outside of the good old boy network who've bolloxed the company so badly that it's now flirting with bankruptcy and threatened to drag down the rest of us. I believe it's what the suits call "a win-win!" |
