rightwinger
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- Aug 4, 2009
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it doesn't matter if private companies file bankruptcy. And it's not the business of the fucking government to tell us which companies can or can't file bankruptcy.
And one company does not make the auto industry. There are companies that did just fine without taxpayer money. Maybe those are the companies that we should be celebrating not the ones that are a black hole for our money.
It may have been better if GM was broken up and parceled out. It would have certainly cost us less and we wouldn't have to be footing the bill for subsidizing the Chevy Dolt or the new Edzel as I like to call it.
Two of the three American auto makers were bailed out. I really don't care to bail out Toyota or Hyundai, but am sure their countries would bail them out if needed
Woulda, coulda, shoulda.......
The auto companies might have survived if allowed to go bankrupt.
What we do know is that the auto companies did great thanks to the American taxpayer standing behind American industry
The auto companies would have been liquidated or so you say with absolutely no proof. There are no certainties in the real world so I don't know how you can be so fucking sure of the outcomes. And until the taxpayers are paid back 100% plus interest the bailouts were a failure and money was lost.
The government has no business interfering with or owning stock in private companies.
If you want a nationalized auto industry then just say so and stop pretending the market would not have sorted this out as it has done in the past and will continue to do in the future or is it your position that the government use our money to bail out every company that should file for bankruptcy?
Let's look at the facts..
The bailouts DID work and the auto companies were saved
Your opinion is that bankruptcy MIGHT have worked as well.....we will never know, will we?