Kausfiles : Rattner's Legacy: The Chooch Is At the Door
GM's sales are down 45% from last September (when sales were already bad enough to drive the company into banrkuptcy). Chrysler is down 42%. Ford is only down 5%. Car buyers are clearly punishing the two bailout recipients brutally. Robert Farago of Truth About Cars predicts that GM and Chrysler will both "go down by the end of next year" without a second, new federal bailout. The only question, he says, is whether the two bailed out manufacturers will need the cash before the 2010 midterm elections.
More proof that the Government fails at running industries. And the Government wants to run our healthcare, too?
Pathetic.
Do you think the fact that every talk radio host (except Hannity who does radio ads for GM) and pundit said not to buy GM had any affect on the sheeple who wait for their daily feeding? If they had told folks to buy instead and get the company back on it's feet, they could get out from under the government and restore their former glory and employee more Americans.
I'm sorry, were you specifically referring to The Company, The Government, or the Union?
Can you please distinguish for the rest of us where one starts and the other ends?
Harder than running a Kool-Aid Stand isn't it?
What is Ralph Nader's take on the safety standards of the shit boxes coming out today?
How much does it cost to get the regulators to look the other way?