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Re: Take a look at GM if you think buy and hold is the way to invest Limoman  06-26-2008, 5:11 PM | Post #2532942
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Yep afraid so Lili..

Be it due to It's Unions and their Overpaying  workers too much to To Much in Benefits

To taking way too long to change.. and It just might be In between a Rock and A Hard Place...

To a Dozen other things..

Of course, maybe the Gov't will Bail it out, like it Did Chrysler?

but only after, like the Airlines, GM can Bust the union Deals, Benefits and Pensions and Be competitive with Toyota and other Foreign Auto makers..

Or like the Steel co.'s , after they Left Whole Cities In ruins..

Really makes you wonder doesn't it ?

It's a shame..

 

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