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Old 02-24-2010, 07:48 PM   #1
fmicle
 
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The problem that I have with the bailout money is that it distorts the market. GM should have been dead under normal market conditions. So having the government fork over billions of dollars is all but fair to the other businesses that played by the rules.

And it's funny to watch the government (which now owns a big share of GM) turn the heat on Toyota for the sticky pedal recalls. This stinks of conflict of interest to me from a mile away...
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Old 02-25-2010, 09:28 AM   #2
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Quote:
Originally Posted by fmicle View Post
The problem that I have with the bailout money is that it distorts the market. GM should have been dead under normal market conditions. So having the government fork over billions of dollars is all but fair to the other businesses that played by the rules.

And it's funny to watch the government (which now owns a big share of GM) turn the heat on Toyota for the sticky pedal recalls. This stinks of conflict of interest to me from a mile away...
GM should have turned the heat on itself years ago, but that would have killed them off for sure. I'd say that about half of the GM vehicles on the road today with a V6 or V8 [older designs, not current ones] have intake manifold gasket design flaws. You have to go aftermarket to get improved design gaskets. But of course GM wouldn't want to solve that problem because they can keep real busy on those $500.00 - $800.00 jobs to replace bad gaskets with more bad gaskets, unless the engine overheats or engine needs to be replaced because of too much coolant dumping in the valley, then you're talking much more.
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