That's like pissing on the flag. Not cool. If you're gonna' do something like that, put it in Obama's hands.
I guess those of you that fear Obama better arm yourselves and start the revolution. Good luck Red Dawn! Here is the government's weapon Here is your's
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. They have a marked conflict of interest and bias to favor contracts with GM, due to the fact that they are owners of the company...which is the primary critique of a government that owns the means of production...by them having a stake in the company they own, other companies are less competitive and will not have the same advantages (i.e. Government backed vehicle warranty).
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.
Gee, you mean a government bid could favor one company over another? That never happened before, has it? Ha-ha-ha-liburton! So you think private industry can't compete with government? I thought the standard line was the reverse. Well, that would solve the problem, then, wouldn't it? Yes. It doesn't erase that fact. Why that fact is so incredibly important to you puzzles me, though, unless you really think the government is going to proceed to nationalize the rest of the industry. barfo
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.
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
