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Michael Covel

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Pathetic

Economics | September 28th, 2008

Why do we reward U.S. car makers for 30 years of futility? U.S. cars can’t compete with Toyota, BMW or Mercedes in the market, so we now we give them a big gift to make more crap? What next another “K car“?

Note: No vulgarity or ugly attacks. There are other places for that.

  • Peter Signals

    The problem with the US was that it was never a dynamic economy, it had a massive boost from european settlers with large fortunes. Now that has finished and the US is a mature economy. We will find out the truth about the US over the next few years.

  • Mohammad Saleh

    It’s your tax dollars at work, but where? you don’t know where the improvement will be and most of the time you are never told specifically, you don’t own part of GM although you are paying GM through the government, I have seen a documentary called ‘Sicko’ some time back and if this is really true what they show in this video, I don’t see reason for people to pay as much tax as they are paying now.

    I say go Gandhi on them; just start a tax-strike, do like Boeing employees do for a better living.

  • http://pages.sbcglobal.net/acom Ken – Todays Breakout Stocks

    Wow, I always heard that “necessity is the mother of invention”. The government thinks its “guarantees”, good grief!


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