OT: Saab filed for bankruptcy, Sign of the times. Options

[Mark Henry]

Swedish carmaker's Chinese investors fail to take over former GM company.
Too bad, nice car at one time (Saab 99), but they couldn't compete.

http://www.cbc.ca/news/world/story/2011/12...bankruptcy.html

[rick 918-S]

That's ok, you as an employee can loose as much money for the company as you want with poor productivity and drunken drug infested lunches under your protective union umbrella. All of us tax payers that took responsability for ourselves will fluff your pillow for you.

If GM was left to fix their own problems as the law provides they would have reorganized as may companies do. If you want to live in a comunist country move to one. There is no garrentee of success here only opportunity. It's up to all of us to handle our affairs. Sometimes we fail. Sometimes were not competitive anymore. That's business. Why do you look at it as someone owes someone something here beyond the laws and constitution?

As I stated I'm a heartless SOB but I owned a couple businesses. I had several employees. I personally suffered along with my business from the economic drought, market shifts and employee productivity issues. It's alot different looking at it from the business side of the check book. You guy's that have your hand in your employers wallet every week need to go out and take a risk and try it on your own. Then you can tell me all about bail outs and personal responsability.

I will likely get a time out for this post. But the guys at Saab know what I'm talking about.