Quote of the day

“But only the most gullible observers would accept GM’s profits as an appropriate measure of the wisdom of the auto bailout. Those profits speak only to the fact that politicians committed over $50 billion to the task of rescuing a single company. With debts expunged, cash infused, inefficiencies severed, ownership reconstituted, sales rebates underwritten, and political obstacles steamrolled — all in the midst of a cyclical U.S. recovery and structural global expansion in auto demand — only the most incompetent operation could fail to make big profits.” – Dan Ikenson

GM’s profits: Nothing to gloat about

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About theRoadexecutive

Brian owns and operates a manufacturers’ representative firm, Myers & Associates, LLC, and has been involved in sales and business management for over thirty years. He is a former member of the Board of Directors at the Des Moines Christian School. He is also a charter member of Trinity Presbyterian Reformed Church in Johnston, IA, and has been an ordained elder there since 1988. He and his wife Debbie have been married thirty-two years and have four children and seven grandchildren. Brian writes occasionally for Caffeinated Thoughts as well as theRoadexecutive. His passions are politics, history, theology, economics, business, and basketball!
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