Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
House panel seeks to protect GM, Chrysler dealers | detnews.com | The Detroit News (http://www.detnews.com/article/20090708/AUTO01/907080412/1148/House+panel+seeks+to+protect+GM++Chrysler+dealers - broken link)
Sure the government is like any other shareholder.
They have the Fed government pushing them through.
yeah, but it also means that it isnt being done properly. changes that should be made arent going to be made (and changes that shouldnt be made will be made).
financial advisors are a big part of the process, cant have them getting in the way of government motors. they wont need to be financially viable anymore, they can lose money and put all the other car companies out of business.
I think most people realize that GM and Chrysler will have 500 plus CEOs running around Capitol Hill. This thing is doomed. 3-4 years down the road Congress will be talking about stiff auto import taxes under the guise of environmental standards to try and protect the inevitable death of Chrysler and GM.
Sure...we did that in WWII. But this time the three million or so people out of a job wouldn't have tanks or planes to work instead on any war to go fight in. They'd just be on unemployment and the economy would be dealt a staggering blow.
Another corporation already has formed. It will resume auto manufacturing. About 80% of the jobs that might have been lost won't be.
At the risk of sounding like a Republican, the auto industry should never have become a jobs program, and it should never have been subsidized by the taxpayer. It's one thing if we don't have enough cars, but, as I said earlier, we have way more cars than we need.
yeah, but it also means that it isnt being done properly. changes that should be made arent going to be made (and changes that shouldnt be made will be made).
financial advisors are a big part of the process, cant have them getting in the way of government motors. they wont need to be financially viable anymore, they can lose money and put all the other car companies out of business.
I'm not disagreeing with you. This administration is all about "hurry, hurry, hurry".
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
