On Dec 10, 2008, at 6:32 AM, Jared Earle wrote: > On 10 Dec 2008, at 11:11, Christian Brunschen wrote: >> <http://buffalobeast.com/133/bigthree.jpg> >> >> // Christian > > I'm of the opinion they should have been left to burn.
Exactly. If they were told "Hell No.." then they would move to plan B immediately instead of business as usual. > > > You can't scream libertarianism and capitalism day-in, day-out and > then run to socialism the moment the going gets a little tough. Pick > one, stick to it. > Roger that. Businesses need to be able to fail. The Capitalist side of me also thinks they should not be punished when they succeed either. > I like a small amount of my socialism in my capitalism, so in theory I > should approve of the bail-outs, but the US is where the UK was in the > 70s. Unions and pensions have apparently crippled the big-three, but > they could have survived that. Bundle in gross mismanagement and a > recession with rising oil prices and you're fucked. > > The best answer I heard was "let the oil companies bail them out". > > Still, it's not my money, what do I care. The thing is, when they say the "auto industry is in crisis" they only mean Detroit. In my state we have three Honda plants and the neighboring states have a Toyota plant. They are doing fine. Honda is hiring. Going chapter 11 is might be the best bet. It would allow a judge to invalidate all of the current union contracts and pensions. Of course "we" would get stuck with some part of the pensions since it is insured by the government but nothing like the 34 billion they want. to piss away before they go chapter 11. The fact is that they are going to end up there anyway so why give them money ? =c= _______________________________________________ OSX-Nutters mailing list | [email protected] http://lists.tit-wank.com/mailman/listinfo/osx-nutters List hosted at http://cat5.org/
