GM will now be run by the Government.
Governments nowhere in the worlds have run Industry successfully. If Govt, then the enterprise is meant to be sucked . For the simple reason, because there are no owners of the organization. The share holder is the public and public in Virtual mode .
Governments all over the world only know stamping and signing papers and creating obstructions in the name of controls and if it is a Third world country, then using the obstruction to extort money form the public.
Function of Government to have a functional public serving community is still a theoretical concept.
As the technology moves further, finally someday, it would be Technology in its auto mode, which will be serving the people and Governments will be only caretakers of Technology. This Utopian day is not so far.
Meantime, GM will be Zombie car and all GM owners will be teased for owning a zombie car. Pity the tax payers of USA for still further draining of their money into the Zombie car.
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