Discussion in 'OT Driven' started by Jim311, Mar 30, 2009.
first we start with nationalizing the automobile industry
Ive been saying it for 2 years now.
Oil and Gas WILL be nationalized before Obama gets booted out in 2012
GM stock... +10000000?
The US will never nationalize anything and you can take that to the bank.
Large stake? Yes. Nationalize? No.
Who would take the blame if something fails when a company is nationalized? The government would... you think Obama and company want that?
Instead they'll just take a large stake and then if something goes wrong, they will blame the CEOs.
Took long enough.
How am I supposed to feel about the government propping up businesses exactly? Isn't capitalism supposed to revolve around the idea that if you make poor business decisions, you go out of business? What's the opposite of capitalism again?
Are you guys stupid? They are GETTING A SHITLOAD OF AID FROM THE GOVERNMENT. If they want to keep the aid, they do what the government wants. If they don't want the aid they can go bankrupt.
THis is NOT the government saying for them to do what they say for no fucking reason
i do think these current CEO's need to be flushed anyhow
maybe its the government trying to avoid the collapse of an industry that supplies 35% of the jobs of your country?
If Forrd/GM/Chrysler goes under so does america.
Who in this thread is arguing otherwise? At this point the government ought to be able to tell GM's upper management to get bent if they want, they more or less own the company. It amazes me the dude hadn't been canned before this point anyway.
wheres kg to set this shit strait
what a fucking joke
GM and Ford make good cars
yes they also make some shitty cars, but they have heaps of promise
Chrysler on the other hand, make nothing but shit
I am glad Obama knows how to run successful Fortune 500 companies, you know since he was a successful businessman himself
35% of the jobs in America?
That's kinda fucked up that the White House is telling them to fire their CEO. However, the gov't does own most of the company
yeah because thats the way it works.
I know if I get a loan from Chase to expand my business they have every right to demand I go with the lavender curtains instead of silver ones I want in there.
and hell, if I dont turn a profit fast enough, Chase can demand I quit and they can appoint someone in my place
thats the way it works right?
Fuck if we install new CEOs any of these companies could have promise.
That's the last thing they want to do
We all know the govt makes everything it touches efficient
it should just take over the entire economy