On Sat, Mar 20, 2010 at 9:41 PM, geoff <[email protected]> wrote:
> That was GM's approach BEFORE bankruptcy and one of its main causes. Crap
> products, crap quality and designs people didn't want.

And so they should have gone out of business. It would have been
better for the people involved in the long run. This just prolongs the
agony, and increases its total cost over time. But I don't expect you
to appreciate either concept.

All these "too big to fail" boondoggles boil down to extortion of
taxpayer money to empower the kleptocracy and weaken the ability of
the market to solve it's own problems naturally, thereby ... further
empowering the kleptocracy.

- Publius

>
> -----Original Message-----
> From: [email protected] [mailto:[email protected]] On Behalf
> Of Publius Maximus
> Sent: Sunday, 21 March 2010 9:11 AM
> To: ProFox Email List
> Subject: Re: [OT] Impeach the President
>
> On Sat, Mar 20, 2010 at 6:25 PM, Jean Laeremans
> <[email protected]> wrote:
>> On Sat, Mar 20, 2010 at 11:13 PM, Publius Maximus
>> <[email protected]> wrote:
>>
>> Ford's doing well ? Keep them coming ...........
>
> OK, Ford isn't exactly out of the woods, but it refused taxpayer bail
> out money and is turning around faster than the other companies that
> are now run by the man-child community-organizer-in-chief.
>
> They are doing it the old fashioned way: cutting expenses, and working
> on products the marketplace actually wants -- the opposite of
> Government Motors' approach.
>
> - Publius
>
>>
>> A+
>> jml
>>
[excessive quoting removed by server]

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