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Socialism: Gm, Government Motors


Lounge Daddy

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CatherineM

I think I heard on the TV news that Canada is going to own 13% of GM for the money they've forked over. I guess that's just of GMCanda. I wonder how Ottawa is going to feel about it when Obama begins to require GM move all their production back to the US?

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Ford is looking smarter and smarter for refusing the bailout.

Personally, I have always bought American cars and GM at that. However, since I can't think of a single thing that the government does well, I will not be buying another Chrysler or GM car in the future.

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[quote name='ironmonk' post='1881218' date='Jun 2 2009, 01:41 PM']If the founding fathers were alive today, they would start a revolution.[/quote]
They would have started one quite a long time ago. Unfortunately, I dunno if they'd win again...

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[quote name='thessalonian' post='1881189' date='Jun 2 2009, 01:14 PM']This government takeover of private enterprize is nonsense.[/quote]


[quote name='ironmonk' post='1881218' date='Jun 2 2009, 01:41 PM']If the founding fathers were alive today, they would start a revolution.[/quote]

I agree.

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  • 2 weeks later...
Lounge Daddy

Of course, the new head of Government Motors[url="http://www.bloomberg.com/apps/news?pid=20601109&sid=aQ._YJhEj_Jo"] doesn't know jack-craap about cars[/url].

[indent]“I don’t know anything about cars,” Whitacre, 67, said yesterday in an interview after his appointment. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”[/indent]

Last year the very left-leaning Statist named Senator Feinstein said that only some of government should be run as a business. (ALL of government should be run as a business!) I am sure that the comrades Versailles DC also think that only some of business needs to be run as a business also -- thus the bail-outs and the nationalization and putting propping up people to head industries that they know nothing about.

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