Thread: Solution for GM
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Boater Boater is offline
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First recorded activity by BoatBanter: Oct 2008
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Default Solution for GM

Canuck57 wrote:
"Boater" wrote in message
...

Maybe it has something to do with the 3 million manufacturing and
ancillary jobs that will be lost if the Big Three fail, and of course the
almost total collapse of U.S. manufacturing capability.


So let one fail and the other three will get more sales. GM going down will
actually help Ford and Chysler!!!

There's no guarantee that if the Big Three go under or declare bankruptcy
anyone will move in to fill the vacuum.


Vacuums will be filled if they can make money. Ford, Chrysler, Toyota,
Honda, Nissan and other north american manufacturing facilities can pick up
the slack.

GM isn't the monolyth it was in 1946 when it's stock was worth more.

I know massive unemployment and the resulting tragedies mean nothing to
you Big Time Republicans, but those of us who actually care about families
and family values think otherwise. And so does the incoming president.


What about the other 1,000,000+++ layed off already? Can't afford to bail
everyone out, maybe consider what is fair to all. Don't bail anyone out.
People learn when they eat the heat.


Fortunately, you aren't in charge of anything and never will be.

More and more, I am favoring a super high tax rate against income higher
than a certain amount, amd mechanisms to cap corporate renumeration.