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Thursday, July 06, 2006



I was SORELY disappointed that that wasn't a picture of Jessica Alba in a french maid outfit.


GM is now doing a lot of things right. But they are so big that leaves a lot of things being done wrong.

My guess is that changing management can't save them; there is simply too much baggage from pensions, unions, and poor product choices made for decades.

This is not a big mystery. By 1970 it was apparent that the Japanese were formidable and that Europe and almost everyone else was recovering fast and had new ideas.

Detroit's response? Business as usual.

I could continue this with paragraphs for 'by 1980 it was', 'by 1990 it was',

They are awake now and competitive in some new markets such as China. Probably too late for our domestic industry.

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