Alan Lukachko wrote:
> This must be a sad day for American big business. The socialization of
> American business had begun. When government tells business how it should be
> run, how soon will it be before it tells individuals how they should run
> their lives?
>   
I guess as long as you extend your hand to get govt money... That is
still capitalism, isn't it? They give you money and dictate some conditions.
Anyway, they might start socializing benefits instead of costs (as it
has been done in the rep admin).

> This announcement totally blows me away about the U.S. Wagoner is a seasoned
> automotive executive. Certainly he has made mistakes, but isn't it the job
> of the GM board and the shareholders to 'fire' him? 
>   
Are GM board and shareholders going to say no to govt when they want
it's money? Tough!
Besides, he quit!
> This sure looks like the transformation of capitalism to me. This is what
> the greed of the bankers and the likes of Bernie Madoff has done to the U.S.
> Hold on for the wild ride of your life.
>   
Not only that, it looks like Armageddon too!!!
 

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