12-11-2008, 04:47 AM | #1 |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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How many times are we going to shock this patient
and bring it back to life, before we realize it's terminal and is going to die no matter how much effort we put in?
$14 billion here, another 20 billion there, then what? Good money after bad. Why is everyone so afraid of a quick death? Is the slightly longer more-drawn out expensive death so much more satisfying? Are we to believe that no backs are getting scratched as billions of tax payer dollars go to these companies? LOL. It's sickening. |
12-11-2008, 05:10 AM | #2 | |
Join Date: Jan 2006
Location: Seattle, WA
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Quote:
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Interrupt all you like. We're involved in a complicated story here, and not everything is quite what it seems to be. —Paul Auster |
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12-11-2008, 05:32 AM | #3 | |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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Quote:
A friend told me once, divorce is nothing but a death certificate. It's an official proclamation of something that has already occurred. Propping up failed companies doesn't allow new American companies to be born. |
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12-11-2008, 03:35 PM | #4 | |
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There would be much that would rise from the ashes; ashes are nutritious. They're the fertilzer of the forests (and were the fertilizer of the Great Plains). Experience tells us they're aslo the fertilizer for capitalism.
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"Now I say that I know the meaning of my life: 'To live for God, for my soul.' And this meaning, in spite of its clearness, is mysterious and marvelous. Such is the meaning of all existence." Levin, Anna Karenina, Part 8, Chapter 12 |
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12-11-2008, 11:31 PM | #5 |
I must not tell lies
Join Date: Aug 2005
Posts: 5,103
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I didn't want a new car, and can't afford one, but yesterday the government forced me to buy one anyway; however, when I look out in the driveway, I see the same 10-year-old dented Toyota as before.
Awesome. I wonder how many golden parachutes my pretend car just helped to sew. |
12-12-2008, 04:09 AM | #6 |
Member
Join Date: Jan 2006
Location: SLC
Posts: 441
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So we let GM, Ford & Chrysler die.
If we got into a war situation, or some other national emergency, we can count on Toyota to build tanks for us, right? |
12-12-2008, 04:12 AM | #7 | |
Demiurge
Join Date: Aug 2005
Posts: 36,365
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Liberals indulging in Corporate (i.e. Union) welfare. So predictable. |
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12-12-2008, 04:52 AM | #8 | |
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Join Date: Jun 2006
Location: South Jordan, UT
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Quote:
What is ironic is that they are about to die just as they are becoming viable, thanks to the shenanigans of assholes on Wall Street who our fine elected representatives had no problem giving tens of billions to, no strings attached. The new UAW contract set for 2010 would put their wages closer in line with the Japanese, and they have pretty much caught up on quality (although interior materials are still cheaper). What ticks me off about the GOP lawmakers is that they refuse to acknowlege that while the Big 3 have really FUBAR'd things up in the past, they've made great strides in the past five years or so with quality, costs, etc. I mean, I've generally agreed with their approach, which was essentially bankruptcy type restructuring, but without the Chapter 11, but to hear them trash the auto industry as a worthless piece of crap while throwing billions to Wall Street without batting an eye kind of ticked me off. And let's be honest. We can talk lassiez faire all we want, but the reality is that foreign automakers get ALOT of help/subsidies from their governments. The Japanese got buttloads of taxbreaks by southern states to build factories there. Then there's all the onerous regulation we place on our auto makers. Small cars actually make money in Europe and both Ford and GM make great small cars over there but they can't import to the U.S. because of some enviro regulation or other nonsense. (They're good enough for Europe's standards, but not ours? Really?) I could go on and on. Our automakers have been fighting with one hand tied behind their backs, thanks to our government. Finally, the UAW was stupid not to cave to the GOP. The jig is up for them, bankruptcy or not, but they'll for sure lose more jobs under Chap 11, hell, maybe all of them. Idiots. They've killed the golden goose. I don't have any sympathy for them. If there's any justice, GM will emerge from Chap 11 sans union.
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WWPD? Last edited by Venkman; 12-12-2008 at 04:55 AM. |
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