Originally posted by: AlienCraft
Originally posted by: cubby1223
At some point you have to face reality that U.S. companies have to be competitive against international competition. You are being spoon-fed a slanted view from the Democrats and other liberal talking heads.
GM lost ~$40b this past year while Toyota profited ~$17b on the sale of roughly equal number of vehicles between them. If you cut the CEO pay down to nothing, GM still lost ~$39.99b. If you want to live in your fairy world believing that a bailout without sufficient concessions to cut costs will help GM survive, then there's nothing further to discuss.
The Republicans want to make sure GM is competitive against competition.
That is such horseshit.
Unless you are willing to consider all aspects of the Foreign Auto manufacturing model for comparison, such as CEO / Executive compensation packages, Demand Manuacturing, and National Health Care System comparisons, your arguement falls apart simply by failing to consider a like kind situation.
The "Repuvblicans" have no clear goal now other than to disrupt the Democrats. They had 12 years of numerical superiority to enact all the legislation they wanted. AND 4 of those years were with a supermajority and a Presidency to rubber stamp each other.
There is no one at the top that is in danger of losing their home, starving or losing a family member to reduced Health Care availability. So, there is no crisis. To "them".
It is part and parcel of the Elite Republican creed to resist any effort to elevate the masses by any means necessary. For proof of this , look no further thancomparing the rate of productivity increase by wage earners to the rate of wage increase by those workers. IF, "Free Market Capitalism / Free Market Forces " were actually allowed to work unencumbered, the middle class would have enjoyed a wage increase percentage that would have completely eliminated ANY threat of home foreclosure or Mortgage market collapse.
By cutting off the promised increase in wages for that increased productivity to those that spend the most ( we aren't called a "consumer Economy" for nothing, well except to confuse you, but I digress), "they" have effectively cut off their nose to spite their face.
They will then call any such efforts "socialist" or "inflation producing", yet when their empires are threatend by the results of their selfish policies, they have no problem with using a Social solutions to a private problem.
AND, I might add, STAGNANT inflation will be far worse than anything else we've experienced here in the US to date.
The top 1% have enough of a Nut to weather a depression of more than a few years, unlike the majority of people who are at most a couple of paychecks away from ruin..
It's the same mindset that litigates someone into capitulation, regardless of the merits of a case.
The middle class has lost whatever wage and workplace gains were made the previous 30 years while the top 1% has gained more than ever before.
The "Republican / Corporate Agenda" is nothing less than Hegel's Dialectic in action, and WORKING !!