It is not the Republican Parties responsibility to prop up a failed business. It is not the demoratic parties responsibility to prop up failed businesses.
OK, my understanding is that GM is nearly 60 billion in debt. They owe the Union 29 billion. If they were to sell the company, they would only get around 3 to 4 billion. Now, we are supposed to borrow our children’s money to give to a failed business that didn't give a red rats keyster what the consumers wanted over the years? We wanted carburetors and fuel injection that could get us 100 miles to the gallon. We had this technology in the 70s, but the car manufacturers allowed OPEC to by those pattens. Did they have my interest in mind?
Look Pat, we could take the 25 billion down to a Southern State and build new plants. The good people of the South will be happy to go to work for a lot less money then the Union workers in the North.
Another thing, Wall Street investors wanted a quick return on their money. A lot of businesses, not just the car companies started thinking in the short term. From quarter to quarter. Nobody wanted to look at the long term, because investors were not looking long term. Well, if these companies would have adhered to a 5, 10, 20, and 50 year plan, they wouldn't be in this position. Where are all your investors now? Oh, I know! They are the taxpayers. Again, I must ask, why are we going to invest our children's money into a failed, short sited business?
>>We wanted carburetors and fuel injection that could get us 100 miles to the gallon. We had this technology in the 70s, but the car manufacturers allowed OPEC to by those pattens.
That’s right up there with the 9/11 truthers and the chemtrails folks.