What if GM did go bankrupt?

Discussion in 'Current Events' started by DavidS, Nov 16, 2008.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    This is a very interesting article...

    What's even more interesting is that it was written 3 years ago.

    The situation at GM has gotten worse. I'm now officially changing my position. I do not want GM bailed out. I realize that this would cost taxpayers a whole hell of a lot of money... but where does this stop? Where do we lend GM money today and in 6 months from now, they ask for another $25 billion and we face the same scenario?

    I hate to say it, but if the economy is going to get worse, then let it get worse. Let's get everything that could collapse to collapse and everything that could be a problem into a problem. This way we know exactly what we're dealing with and we can face the problems head on. It's better for GM to collapse today than in a year from now just when the economy was starting to recover.

    What If GM Did Go Bankrupt...
     
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    Last edited: Nov 16, 2008
  2. Grismonda
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    Grismonda BANNED

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    To be serious, though, nobody really knows what will happen if the car companies go bust.

    One theory of economics holds that it will send the country spiraling into a depression.

    Another suggests that in the absence of US auto makers, workers will be able to get jobs in related fields (airline building, etc) or retrain, and although things will be tough at first, it will work out.

    There are also many more theories of economics, which is why it's basically a worthless science which has been given the job of predicting the future. And we all know how easy that is.

    Economists are only right in hindsight. They are like weathermen who have no meteorological equipment.. They just say "looks like rain, so let's say it will rain" and sometimes they are right and it rains, and sometimes not.

    Then the contrarian economists say "it looks like rain, so it will probably be a sunny day."
     
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  3. dilloduck
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    dilloduck Diamond Member

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    gotta agree with you on that one---when Greenspan and the gang jsut shrug their collective shoulders and claim they had no clue things were gonig to bust, you gotta wonder.
     
  4. Sunni Man
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    Sunni Man Diamond Member

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    In one way or another, the Jewish bankers are going to make a ton of money in this economic melt down. They always do!!
     
  5. dilloduck
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    dilloduck Diamond Member

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    No doubt about that one--The media is doing a tremendous job protecting them from racial retribution.
     
  6. DavidS
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    DavidS Anti-Tea Party Member

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    Fuck you - get your fucking anti-semitic bullshit out of here. You want to talk about an industry that the Jews have capitalized upon, talk about the Nobel Prize. How many Muslims have received that again? 7. How many Jews? 177. And the Muslims outnumber the Jews 1 billion to 20 million. The Jews have contributed more to the world society than any other faith in the entire world.
     
  7. dilloduck
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    dilloduck Diamond Member

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    How is truth anti-semitic?
     
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  8. Sunni Man
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    Sunni Man Diamond Member

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    Just look at the names of the big private finicial institutions the government is bailing out. Typical Jewish last names like Goldman or Sachs. Or just look up the names of the main players and owners of the banks and major brokerage houses. They are all Jewish or Jewish controlled.
     
  9. DavidS
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    DavidS Anti-Tea Party Member

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    And look at the names of the 19 people who killed 3000 people and injured nearly 10,000 more. All Arab Muslim.
     
  10. Sunni Man
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    Sunni Man Diamond Member

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    The Nobel Prize is an Industry :confused:
     

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