GM, Chrysler May Face Bankruptcy to Protect U.S. Debt (user search)
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  GM, Chrysler May Face Bankruptcy to Protect U.S. Debt (search mode)
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Author Topic: GM, Chrysler May Face Bankruptcy to Protect U.S. Debt  (Read 5913 times)
Lief 🗽
Lief
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Posts: 45,023


« on: February 09, 2009, 11:35:43 AM »

Shouldn't have pussy-footed around and just nationalized them. Too bad politicians are cowards, and it's too bad the far-right extremists like Fox and Limbaugh control the political debate.
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Lief 🗽
Lief
Atlas Legend
*****
Posts: 45,023


« Reply #1 on: February 10, 2009, 10:17:11 PM »

Well, setting aside the union question for now (Whether German unions are better etc)...its not like BMW or Daimler Benz has to run a healthcare/pension organization for their labor...(I'm sure I'm not the most knowledgable here by far, so correct me if I'm wrong)...so that's one leg up they have on the big three...the german taxpayer is paying for things the Big 3 have to pay for now.
Very true. If the government paid for healthcare in the United States, like in other civilized countries, it would save the auto companies billions of dollars.
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