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Originally Posted by DieselAddict
I don't think he cares about the country, only himself and his ideology. If GM fails, it's bad for the country, if only because so much taxpayer money is already invested in it. Any intelligent American should want GM to succeed so that the government can sell its shares without a loss and get the hell out.
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The Government DIDN'T BUY ANY SHARES OF ANYTHING...they said "We'll loan you money and we, in turn, will run your business (into the ground), then we'll tax the taxpayer to help prop up the cash we gave you (And that we printed out of thin air...) to buy you out, then when this adventure fails 'cause we can't even run a pay-toilet operation without losing our @55es, we'll just tap the taxpayer, again, to help pay off everyone that we stiffed on our watch during this little shindig."
Quote:
Originally Posted by DieselAddict
But Rush can't have that because he can't accept that a government intervention could do any good. It's against his ideology.
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Name just ONE government intervention that works properly, right now, other than the War Dept.. But lately, that's getting a screwjob 'cause the Demos can't agree to leave well enough alone, let alone have a cohesive thought as to what direction they should go...the blind, leading the deaf and dumb, to save the crippled and lame...throw money at the problem and run like hell away from any responsiblilty to be sure all is well...let someone else clean up the mess, or better yet, blame it on the Repos...
As for Rush and his ideology...it just might occur to some folks that having a paycheck at the end of the week and being able to buy store-stocked food, having a roof over one's head and wearing store-bought clothes is one of the basic tenants of being able to live in the United States...I don't need Government Cheese or housing to survive...and I don't need Uncle Sam's nipple to sustain me either...
As for the Government taking over General Motors (GMI.) and it becoming GMII., another car company that has NO responsibility to its shareholders (Us, the taxpayer...) is NOT what this country needs...
IF GMI. was on its way to the black hole of financial ruin, what better treatise it would have been to have the whole sordid affair out in the open, in order for all to see the public death of a once-great corporation due to government interference and union-abuse on a grand scale...all the year of crap from under the rocks, exposed for all to see...
But, now that the Government has become the controlling partner in the "new" GMII., when the company is finally sold on the block, all records of any governmental meddling will be destroyed, all/any payoffs will be "lost" and anything that could be use to point out and prosecute as malfeasance of the public trust will be forgotten...
GMI., GMII. and Chrysler for that matter will become the REOs and Willys of the automotive history books...and the sad part will be that our grandchildens' grandkids will still be paying for it...assuming that the United States still continues to exist that long...
