On Sat, Mar 20, 2010 at 9:39 PM, geoff <[email protected]> wrote: > And conveniently you forget that Ford was the only auto maker NOT in > diabolical trouble BEFORE the troubles hit. And would you care to detail the > alternative? GM was bankrupt and heavily so with a product range that was > misdirected and with a reputation for poor quality control. SO, what was > the third option?
Bankruptcy. Which is the same process that it's going through anyway, only the Feds are making sure by "owning" it that Obama's union thugs get treated preferentially. Also, by owning it they also ensure that Obama gets to dictate what GM produces moving forward. Good luck with that. - Publius > > -----Original Message----- > From: [email protected] [mailto:[email protected]] On Behalf > Of Publius Maximus > Sent: Sunday, 21 March 2010 8:44 AM > To: ProFox Email List > Subject: Re: [OT] Impeach the President > > On Sat, Mar 20, 2010 at 6:01 PM, geoff <[email protected]> wrote: >> || Well here we are, and having nationalized most of the auto and banking >> industry, Obama's going for a whole sixth of the US economy next.|| >> >> Of course the fact that they were all bankrupt and heading under doesn’t >> form part of your argument. There were two choices NO car or banking >> industry or heavily nationalised industries. Its not like he nationalised >> Microsoft or one of you actual profitable industries! CONTEXT BOB.... try >> it... > > BS, Geoff. There was another alternative, besides the false dichotomy > you pose. Ask Ford, which is the only US auto firm doing well right > now. Perhaps not coincidentally, it's the one that DIDN'T take Obama's > ball-and-chain money in exchange for its soul. > > Who is going to nationalize the government when Obama bankrupts it, too? > > Not IF, but WHEN. Indeed, he already has. > > - Publius > > > -- > > "It ought never to be forgotten, that a firm union of this country, > under an efficient government, will probably be an increasing object > of jealousy to more than one nation of Europe; and that enterprises to > subvert it will sometimes originate in the intrigues of foreign > powers, and will seldom fail to be patronized and abetted by some of > them. Its preservation, therefore ought in no case that can be > avoided, to be committed to the guardianship of any but those whose > situation will uniformly beget an immediate interest in the faithful > and vigilant performance of the trust." [Federalist Papers #59] > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.

