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General Motors

Reasoning
Posts: 4,456
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5/21/2011 8:37:47 PM
Posted: 5 years ago
What should happen to General Motors in a liberated society?
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran
CosmicAlfonzo
Posts: 5,955
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5/21/2011 8:45:44 PM
Posted: 5 years ago
Motorized sex dolls.
Official "High Priest of Secular Affairs and Transient Distributor of Sonic Apple Seeds relating to the Reptilian Division of Paperwork Immoliation" of The FREEDO Bureaucracy, a DDO branch of the Erisian Front, a subdivision of the Discordian Back, a Limb of the Illuminatian Cosmic Utensil Corp
Ragnar_Rahl
Posts: 19,297
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5/21/2011 9:08:46 PM
Posted: 5 years ago
Leave them with what they have, complete with their debts and the lack of customers, unless someone sues them in which case wait until after the suit to decide.
It came to be at its height. It was commanded to command. It was a capital before its first stone was laid. It was a monument to the spirit of man.
Rob1_Billion
Posts: 1,300
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5/21/2011 11:03:36 PM
Posted: 5 years ago
They deserved to fail along with Mopar. Ford should be the only U.S. automaker left and on the way out as well. The U.S. should get out of the car-making business and leave it to those who can, just like we did with televisions.
kfc
RoyLatham
Posts: 4,488
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5/23/2011 2:51:44 PM
Posted: 5 years ago
GM should have been allowed to fail. The only reason they are kept alive is to pay off the unions. Stockholders lost everything, which is perfectly fair, but bondholders that were legally required to be paid before the unions were forced by the government to settle for almost nothing. Since the original bailout, the government has quietly pumped in another $50 billion in tax breaks.

The Japanese and Germans both manufacture a lot of cars in the U.S. Not so well known, Sony manufactures a lot of televisions in San Diego.