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![]() "Frogwatch" wrote in message ... The Dems want to give 25 Billion to their friends at GM while GM builds the worst sorta crap I have ever seen. Their unions and management deserve to fail for giving us such garbage. They have designed the worst sort of vehicles that nobody wants when gas prices are high and their quality is still on the bottom. The unions priced themselves out of work and the management allowed short term thinking that produced the gas hogs they cannot give away. No bailouts for Bull****. Yep, well put. GM, Government Motors in the new USSR (United States Socialist Republic). I figure nationalizing the stock market comes after the banks and auto consolidation quiets down. But it will not get that far. If the government bails out GM, this is going to be one very long depression as every loser company in the world is going to be looking for government handouts. Maybe China will be importing from the USA in 10 years when the US economy dwindles to that of a third world nation because of debt and government fiscal mismanagement. Who is going to buy a Government Motors vehicle anyway? With cash they don't have or more government sponsored cheap credit they are not qualified for? And that assumes people want GM crap. And we wonder why the world has a liquidity problem....print money and charge it. My guess is before February the dem congress is going to float a 5 trillion dollar government bank program. Where the bank **is** the government with unlimited leverage to loan money at 1%.. |
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