CADsortaGUY
Lifer
Originally posted by: her209
And defense contractors! It creates high paying jobs!Originally posted by: BoberFett
Yeah, but we HAVE to keep that drug company with inflated profits running. It's in my district!Originally posted by: Fingolfin269
I think the other apologists are busy in the other threads explaining to us how the government can easily run health care efficiently. You can't say that in one thread and then come in this thread and feel good about yourself.
Hey now, Murtha really needs them.... for the votes.
CADsortaGUY
Lifer
Don't mind steeplebot - he and his ilk think FDR was great and "saved" the country when it looks like he did nothing but extend the suffering with his gov't BS.
And you and your ilk bend over for your Corporate paymasters. If I was going to be in that kind of relationship, I think I'd want to be the top. But that's your perogative. Maybe they'll give you a discount in KY, or Vaseline.
Bitek
Lifer
- Aug 2, 2001
- 10,676
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Oh jesus christ, don't be such a drama queen. 1984? Really? Have you even read that book? Are we sending CEOs to our Cuban Gulag now for re-education after their children reported their private unpatriotic thoughts to the gov't minders?
Pols are doing what pols do. Looking out for their own and covering their ass. Frank doesn't want to face local voters who are out of their GM jobs after Frank just voted to give GM $20B of their tax dollars. This isn't new. This is basically how the defense industry has run for the last 60 years, for one small example. Both sides are now doing it with the dealership closings. Its not like private industry is filled with saints either.
Is it bullshit? of course. Was it better to have the whole thing just burn to the ground to save some small injustices? I don't think so. That's really the alternative.
We will have to live with this crap for as long as it takes GM to get restructured and back out the door. Hopefully sooner than later. But to somehow suggest that the gov't should have just stood back during this whole crisis and just let all the banks and major institutions implode and drag the country into a depression and put millions more out of work is just insane.
He's trying to help people keeps their jobs a little longer, idiots. You'd realize that if you weren't obsessed with just the money, you greedy fucks.
I voted for Obama, but I'm strongly opposed to government ownership and manipulation of private corporations... so you're damn right I'm bitter.
Repeat this over and over to yourself until it sinks in: "It's OK to criticize my own party's politicians... It's OK to criticize my own party's politicians... It's OK to criticize my own party's politicians......"
Well, if that's your thing, isn't it great that our country gives you every possible opportunity to climb up on top?
I think so.
Svnla
Lifer
- Nov 10, 2003
- 17,986
- 1,388
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and yet he got re-elect over and over and over...to send him back to Washingon DC.
Wasn't that ironic...GWB got one of the lowest rate of approval as a President but Congress <both Senate and House of Rep> got even lower rating...yet the voters kept sending these scumbags <both D and R> back to DC ....over and over for years until they quit/retire and become lobbyists and make even more $$$$.
Talk about self inflict wounds....we as a nation have no one to blame but ourselves.
truth.
Too bad 99% of our populace is too busy playing The Blame Game to realize that we're our own biggest enemy.
Well that's not quite the case. Nowadays both in Washington and certainly within the financial presses, there's a certain amount of nostalgia, even remorse for Rick Wagoner. Whereas a few months back everyone found fault with him, now that Obama is stuck holding a bag full of shit, there's a certain appreciation for how he hand a rather tough job by CEO standards and was able to steer GM through some tricky waters, until GWB euthanized Lehman Bros. at least. So yes, the situation can get worse, much much worse.
Obama's team has made some really horrible decisions regarding the management of GM BTW. Just when Opel is coming out with some really terrific products which are being described as on par with Audis, they force GM to part with a major equity stake in their European division, now being sold off essentially for pennies. Purely because they want Gm to be an "American car company". Makes no sense whatsoever, especially their European division has most of the small FWD car expertise they need right now.
There is no conflict of interest or poor decisions. The politicians merely act solely in their own interest and make great decisions (for themselves)!
Dammit we're fvcked
Bitek
Lifer
- Aug 2, 2001
- 10,676
- 5,239
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Better than they would have if they had filed chapter 7?
Seriously, in a normal market we could have seen GM possibly bought out or at least been able to raise some finds via sale of assets ala Chrysler in being sold to Diamler, then later Cerebus. However that was not going to happen in this current market, so rather than face liquidation that could have had untold damages on the remnants of our manu base, and still could have cost the gov't dearly in pension obligations, unemployment, and loss of revenue, I say it was clearly the lesser of two evils for the gov't to take over and restructure the company that was a large contribution to us winning WWII.
This will be a messy process, mistakes will be made, but it still likely to be better than overall the alternative.
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