BTOWN_HUSTLA
NOW BUZZ KILLINGTON
- Joined
- May 6, 2009
- Messages
- 2,624
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- 38
That is all.
Carry on.
Carry on.
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Change!
FAIL!
FAIL!
Agreed. This government is failing on every conceivable level.
That is all.
Carry on.
99% of all business in this country is small business. Of the 27 million businesses here, more than 26 million have less than 100 employees, and 20 million have 1 employee - the owner.
Your comment is both factually wrong, and silly.
My comment is correct. The Government owns the means of production of a major industry in the United States...that of General Motors.
GM is not an industry. GM is a company.
barfo
yes, but they are a major stakeholder in the american automotive industry.
the point is that the government shouldn't be in the business of owning and running companies in competition with actual functioning companies and corporations.
It isn't in that business. This is a special case, obviously. Of all the companies in the US, very few of them needed and qualified for a government bailout.
All this "oh my god socialism" stuff is going to look pretty silly in a couple of years when the government dumps its stock in GM (probably at a loss, and probably with plenty of charges of cronyism) and is back out of the auto business.
barfo
Uhh...yes, it is in that business. Say there's an open bid for a fleet of government cars....what do you think is more likely to be awarded the contract....a company that is owned by the government or one that isn't?
I'm still not convinced that GM will still survive a couple of years.
Maybe this talk about socialism will look silly in a few years....but it still doesn't erase the fact that the government is a majority owner of a for-profit corporation in competition with other multinational corporations.
yes, but the US Govt didn't actually OWN Halliburton. When the government owns a company, they can change the rules however they want to give advantage to their own company.
Its not so much that they are going to nationalize the rest of the industry....their place should not be to own corporations in the first place.
yes, but the US Govt didn't actually OWN Halliburton. When the government owns a company, they can change the rules however they want to give advantage to their own company.
Its not so much that they are going to nationalize the rest of the industry....their place should not be to own corporations in the first place.
I love seeing the same people who complained about Bush's "powers" now twist, contort, and turn to try and justify our new President, who is basically Bush on steroids.
Just ignore idiotic talking points.
You mean our own company.
The more money we make on GM over the next couple of years, the less taxes we have to pay. I'd think you'd be all for them being successful.
True, and I don't think they went looking for this. GM went to the government and begged, and a lot of people believed that letting GM fail would hurt the country too much. So here we are. The fault is not as much with the government as with the board and management of GM, which didn't do their jobs.
barfo
The government isn't a roulette table.
I'm all for the best company to be successful, not just ones that the government owns. In other words, I support capitalism.
Great, me too. GM isn't the best company, and it isn't successful. You got your wish.
barfo
the problem with GM is that its been a broken model, broken company for many many years. they have been getting their ass kicked by the japanese since the mid 80s.
the government owning them is like when you play co-ed basketball in grade school and they MADE you pass to the girl before you could score a basket.