The bailout of any of these industries is fucking ridiculous... Our downfall.
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Yep, pretty much lots of people lying about how much money they have because most of it is money that they don't actually HAVE.
Then you have people who actually sell you stuff based on that, not based on money you have but money you say you can have. which is fucking silly if you think of it but it kept numbers going up and everything looked so good for so long
fuck only a year ago the dow was at 14,000 thats fucking huge! but it was all a big lie and it was fake so i dont know how the government thinks using more fake money is going to help anything? we need a reset and we need to see whats really there, not just what people are saying is thereComment
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I know the costs... FUCK THEM.
Make cars that people NEED right now and restructure your business like anyone else would have to do.
They are releasing a new HUMMER next year for fucks sake. Who is going to buy this besides black dudes with drug money and athletes?Comment
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Understand the business before you open your mouth.Comment
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What are you smoking because it has to be some real strong stuff. What is the better replacement the free market has come up with so far?
The free market is what got us into this crisis and will never get us out. It's about having a balance between free and controlled. Not one of them, both of them.
Free market = People running companies to fill their pockets now. And the pockets of a few. Look around at all the companies like Enron, companies who paid CEOs big bonuses when the company was clearly losing money or banks who paid big bonuses to top management with the bail out money.
Controlled market = Something like socialism where those who do the work and bring in the business don't get the reward.
We need a balance between the two.Comment
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The free market in reality. The year before his company goes bankrupt this guy gets paid $14.5 million and a rise of 41% over the previous year. Got to love the free market working. Plus the trickle down effect.
With the numbers of people losing jobs, welfare in inevitable. Do you really want 3 million people on the soup line in the US in 2008/9? How many own guns.
What ever choice is made on the bail out the tax payer will pay.Comment
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Reading this thread something struck me. So many are screaming that companies like GM should be allowed to sink because they fucked the customers for years and only looked at what suited them. And now they are suffering from the consequences.
Now what other industry does that remind you of? ;)Comment
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What's the alternative?
Every person on welfare will be spending all the money given to them in the local community. And spending it on food, rent, heating, etc. If you keep that money and give it to people over $100,000 you can bet a lot will be spending the money on things outside the local community. Like holidays or foreign cars.
People on welfare will often spend money in places owned or managed by people earning $100,000. It's called the trickle up effect.
Yes people on welfare have to do something for it. Like sweep the streets, help the aged and infirm or anything that contribute to society as a whole. But you can't not support them because they don't have a job that does not exist.Comment
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