SoCal Jet Boats
Discussion => The No Wake Zone => Topic started by: 429heads on June 02, 2009, 09:36:44 AM
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OLD SONG SEE THE USA IN YOUR CHEV ROLEY TO DAY ;D
NEW SONG SEE USA CHEV ROLEY IN B-K TO DAY. :banghead:
YOUR US GOVERNMENT AT WORK
TERM LIMIT CONGRESS NEVER NEVER REELECT THEM SOB&HOR
TENURECORRUPTS :mad:
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I have to agree with Elwood on this. All you guys running Chebbies need to know we ALL now own part of your engine, lol. (My lil Grand Prix is subject to this as well, lol).
Did anyone hear about Jenna Jamison and Ron Jeremy politicing for a bailout of the porn industry? We were all talking about it at work yesterday. Talk about getting fukked!
Ray
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Americans should not support Socialism. I for one will never by another GM product as long as the government has a hand in it. They should have been allowed to go bankrupt so that private investors could pick up the pieces and carry on. Instead the govt. took their share and gave the carcus to the unions and the bondholders (the righfull "heirs") get screwed.
And now this just in today . . .
http://www.cnbc.com/id/31065937
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Consider the problem from Obama's POV . . .
David Sanger of the NY Times points out the delicate path the President will have to tread in his government takeover of General Motors.
Hold onto the government's stake too long (making major corporate decisions) and it won't take much to show evidence of politicized decisionmaking hampering GM's finanical viability. Get out too soon, and reduce the chance that the taxpayers will ever see any of the billions they've poured into what now can only be called the "Government Motors" company.
It's a remarkable act of hubris for a President -- who has run only a Senate office and a presidential campaign -- to think that he can run an automaker. But make no mistake -- that's what he intends to do.
In turn, that puts him into another box, assuming GM doesn't somehow pull off a miracle turnaround. Make the major corporate decisions, and own the failure of Government Motors. Fail to make the major corporate decisions, and be blamed for insufficient stewardship of the taxpayer dollars that have already been poured into the carmaker.
This, my friends, is just another reason why the government has no business owning a private company.
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Fuk that! GM shoulda coulda woulda, but DIDN"T! Let them go belly up, then all the very overpaid and very underworked union labor force might actually find out what it is to find, do, and keep a real job.
Sorry for the rant, grew up near a GM plant.
I chink the Hummer's gonna have a much lower status in the Soccer Mom circles from now on though! >:D
Ray