Ed Niedermeyer Returns To The WSJ

by Derek Kreindler

April 30th, 2013 10:35 PM

Our beloved Ed Niedermeyer is back in the Wall Street Journal with another op-ed, entitled “Welcome To General Tso’s Motors”. I’m sure you can all figure out the gist of it. Check it out here. Anti-GM-bias police, grab your defibrillators.

#China #EdNiedermeyer #GeneralMotors #GM #WallStreetJournal

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Blowfish on May 01, 2013

WSJ as wall street journal, they need paid readership and without asking for the price i simply can't afford it. Would be nice if u folks could kindly re-print the sensational articles here. Not sure if it would be kosher with the copy rights!

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Vance Torino on May 01, 2013

Oh, great. Instead of the head-up-ass GM we've come to admire and enjoyably trash for 3 decades, General Motors starts behaving like a global player, investing in growth markets, allocating resources efficiently... So the point is...?

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- Edward Niedermeyer on May 02, 2013
  
  If I had any confidence that this "efficient allocation of resources" would help make taxpayers whole in any way, I'd have no problem with it. If Dan Akerson came out and said "GM is hiring a 3rd party audit of our outstanding obligation to the American and Canadian people, and we as a company vow to pay back whatever they think we owe," I'd be happy to let them run their business as they see fit. Blackmailing taxpayers into a rescue from decades of self-inflicted wounds (for which executives compensated themselves richly) only to ignore (or mislead Americans about) any sense of obligation as a result of said rescue is not the kind of behavior that Americans should just sit back and take. If not for moral reasons than for practical reasons: if we just let any sense of obligation for this round of bailouts slide, how on earth do you expect to prevent future thefts of public money?
  
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Rpol35 on May 02, 2013

It's definitely unfair! Every car manufactured in China by General Tso's Motors will come to the U.S. with a serving of General Tso's Chicken, white rice and steamed vegtables right there on the back seat. How the hell are you supposed to compete with that?

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Larry P2 on May 02, 2013

The world according to TTAC: Volkswagen is expanding rapidly into China (the world's most rapidly expanding car market) cuz its the World's most up and coming carmaker with luscious interiors and other wonderful things and so deserves to take over that huge Chinese Market in a brilliant preemptive strike, and the rest of the world next. RAH RAH! Go VW! GM is expanding rapidly into China cuz it is deliberately trying to bone the government, which was lured into that unfortunate bailout under fraud and duress, and ass rape the American Taxpayer. BOO!! HIS!!!

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