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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (485214)	6/2/2009 4:42:43 PM
From: bentway	Read Replies (3) \| Respond to of 1575424

Do you believe an automotive industry is in our national interest? If we hadn't had them in WWII to switch to war production, Europe would have likely been lost. A war-loving (R) should get that. If you don't have a base of heavy industry, you're out of the game of balls-out, total war.

To: Tenchusatsu who wrote (485214)	6/2/2009 4:48:15 PM
From: HPilot	Read Replies (1) \| Respond to of 1575424

but people wouldn't be buying GM and Chrysler had he not stood behind those companies. From the looks of sales and the Stock market, people are not buying the cars, but sure are selling the stock!

To: Tenchusatsu who wrote (485214)	6/3/2009 12:14:41 PM
From: tejek	Read Replies (2) \| Respond to of 1575424

Ted, > but people wouldn't be buying GM and Chrysler had he not stood behind those companies. Great, when can we the taxpayer see an ROI on Government Motors? When pigs fly? When hell freezes over? Given Obama's smarts and competency, I think a modest return is doable in the next 5 years. Of course, if he has to fight the entrenched upper mgmt bureaucrats in GM every step of the way, it could take longer. If you think CA state employees are a problem, you haven't lived until you take on entrenched private sector good ole boys.