I don't feel sorry for General Motors

General Motors continues to lose money as a result of lackluster sales and production cost.

An axiom in management is: When any business forgets what business it is in, it is bound to go broke.I recall Lee Iacocca correcting one of his staff that stated that "Chrysler has to make great cars." Iacocca replied: "No, Chrysler has to sell great cars."General Motors make great cars, they just can't sell them. General Motors has been a giant in the automotive industry for 100 years, they should have had the foresight to put away money for times like today and equally important, they shouldn't have made cars that were unreliabe and frought with problems.General Motors has a repetution of promoting from within. At first glance, that is a noble thing to do, reward good employees for a job well done, however in the scheme of things, it is at the root of General Motors failure. They desperatly needed new ideas and new ideas aren't going to come from people that have been taught the old ideas, which unfortunately now prove to have been outdated and obsolete. New management may have had the courage to stand up to the unions instead of allowing the union bosses to dictate labor policy and more importantly extended labor benifits. Why not let these employees live like the rest of us, investing a $50 hourly expense per employee is unsustaniable except for few business's.If there is a solution for G M to regain its footing, government don't have the key. Past experience tells us that anything the government has ever been involved with has been a falure, if not a failure a waste of large amounts of resourses. General Motors future lies in China. General Motors should have filed bankruptcy and moved on, discharge the cumbersome and unsupportable union contracts and take their production to other places where they will be respected and appricated. The truth is, Americans can't make automobiles that will compete on the world market with the government and the union in charge.My opening line, when any business forgets what business it is in, it is bound to go broke, General Motors forgot, they tried to be all things to all of their people, instead of concentrating on getting the most for their labor dollar, they shouldn't have been in the business of providing lifelong assistance and halthcare for workers, who in many cases weren't worth minimum wage. If through the years, General Motors had concentrated on making and marketing quality cars, they wouldn't find themselves in the fix they are currently in.I really don't feel sorry for G M or their workers, they have arrived to where they have been going to for several decades. They have no one to blame but themselves.