As I vacationed for 4 days over the weekend, I came back to find that Michigan news was really focused on two stories: The bankruptcy of GM and the Detroit Red Wings. Well, only one of these stories really applies to the equity of Southwest Michigan and PRI (well, unless you consider hockey a systemic barrier break sport).
Despite all the gloom and doom scenarios, Chicago Fed Senior Economist William Straus actually things the deal that GM brokered will be good for Michigan, or at least put us on a better path. His comments below:
Wednesday, June 3, 2009
Subscribe to:
Post Comments (Atom)
Posts
1 comment:
this big automotive plant & Co. should be allowed to crash and burn and go out of business. It refuses to make electric cars, or smaller, environmentally safe cars, and it is too stupid to compete with foreign automotive makers. Therefore, let it go out of business the way it is supposed to. Why should we pour money into this stupid company, when it is a worthless, idiotic, car companythat does not know how to make cars anymore? Let it go out of business! Let it crash and burn! Finance small car companies who make electric cars, and practical cars of the future! Get rid of GM now! It's a failure!
Post a Comment