The sad part is that some people on the board likes the idea of the Government propping up dead companies. In a sane world GM and Chrysler would have gone into bankruptcy. Then a leaner and meaner GM and Chrysler would have emerged or a new car company.. In a sane world that is..
There was a column on Townhall a few days ago by Tom Borelli called “Obama’s Corporatism Strategy Might Advance Cap-and-Trade” in which he described how so many corporations are chomping at the bit to get their fingers in the cap and trade pie - capitalism be damned. Too many CEO’s are too swept up in greed these days.