SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Reaper who wrote (162921)11/8/2008 6:06:31 PM
From: Lizzie TudorRead Replies (4) of 306849
 
well- ok- personally I would have liked to seen GM go under years ago. I blame GM and their lobbyists for delaying any move to alternative fuels, or electric vehicles of any kind.

If you want to see something gross, 60 minutes story on electric cars interviewing Lutz co-chair of GM who doesn't believe in Global warming (calls it a bunch of horse -sh!t) and owns 2 planes and 2 helicopters. Just this interview alone, displaying this arrogant suit as all that is in charge of GM shows you whats wrong with US business. This guy, the co-chair of GM is nothing more than a LOBBYIST. He has nothing actively to do with products or fixing the company. Just bailouts. Here is the 60 minutes piece. At least the silicon valley guys are on the ground with their teams trying to build something.
cbsnews.com

But anyway, the reason for saving GM at this moment seems to have more to do with the economy and less to do with GM, thats why they are doing it.

I was surprised to hear you blame Pelosi and Reid, because this GM bailout and every other pork program (farm bill, no bid contracts, no price controls on drugs) are the hallmark of the bush administration under the category of "corporate welfare". This is an area that Obama intends to target right away according to G Stephanopolis. Republicans are hte ones who do this, not democrats.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext