Good_Imp
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17 years ago @ Glenn Beck - The 912 P... - 6/1 This Morning GM Fi... · 0 replies · +1 points
I see a major issue here with the restructure the bionic company with the gov't and the UAW as the main sholderholders of the experiement. All of the bondholders and other investors getting pwned by will likely set the tone for all other companies and industries.
I see investors drying up their troughs and getting out of the market all together. I mean look these people can't handle the stress of a reccession well. How do you think they'll manage constantly getting hosed in their investments. Add to the exodus of investors out of Wall Street to the list of what Glenn Beck and company is seeing as the short recovery and the Inevitable "throught the fllor" depression to happen, we're in for a world of hurt. Pun intended and unintended.
We need ot be careful. The 2010 elections will set the precedent of our salvation or damnation!!!!!!
17 years ago @ Glenn Beck - The 912 P... - 6/1 This Morning GM Fi... · 0 replies · +1 points
We can only hope. The UAW, and unions like them, are only part of the problem.
17 years ago @ Glenn Beck - The 912 P... - 6/1 This Morning GM Fi... · 0 replies · +2 points
This is why I beleive this could very well be the death throws of both Chrysler and GM. I see both going the wayside as Plymouth and Oldsmobile. If President Messiah didn't screw with this bankruptcy, then these two companies may have came out strong and ready to compete.
17 years ago @ Glenn Beck - The 912 P... - Vent through 6/5 · 0 replies · +1 points
17 years ago @ Glenn Beck - The 912 P... - Vent through 6/5 · 0 replies · +1 points
I can come up with other examples, but we know no amount of chit-chat will substitute for action.
17 years ago @ Glenn Beck - The 912 P... - Vent through 6/5 · 1 reply · +1 points
Another way to be competative is to create a situtaion where other nations we import and export play fairly. As an example, look at Japan. The Japanese Yen is purposely devalued against the US Dollar. This gives Japanese based products have a overt advantage when selling their products at and abroad.
17 years ago @ Glenn Beck - The 912 P... - Vent through 6/5 · 2 replies · +1 points
17 years ago @ Glenn Beck - The 912 P... - Vent through 6/5 · 0 replies · +2 points
17 years ago @ Glenn Beck - The 912 P... - Vent - through 5/26 · 1 reply · +1 points
17 years ago @ Glenn Beck - The 912 P... - Vent - through May 3rd · 0 replies · +2 points
For any consideration to be successful, one aspect needs to addressed. Lobbyists needed to know their place. No exceptions what so ever. If they want consideration, they need to bring infront of congress for all citizens to have access of they are wanting. I compare this to how GE is getting and will continue to get preferrential treatment over other companies. Big businesses have their place in our capitalist, constitutional republic. Their place has no where in the political arena. Ex. If there is a major project with co-operation between companies (same industry or all considered), then a partnership with all companies involved and the gov't can be a good thing. believe there should be a co-operation between private and public interests. Thin line it may be, but we need experts in each field to be protected by those who are elected. Either way, it's the responsibliity of us American citizens to ensure there is no favortism and our constitutional rights are protected.