The Mudcat Café TM
Thread #119265   Message #2586084
Posted By: Bobert
10-Mar-09 - 09:43 PM
Thread Name: BS: Capitalism has outlived its usefullness
Subject: RE: BS: Capitalism has outlived its usefullness
Well, Amos... That was along time ago... That is like stuff from an old black and white James Stewart movie...

Reality is that GM has become soft in the belly, stubborn and not into success... No, they didn't go out to fail but fail they have done... Why??? Because they are bums who knew that they were too big to fail... They knew that if times got tough that the governemnt would step in... They had that leverage... They have acted irresposibly and lied to their stock holders and tried to BS the American public...

They went a decade building pure crap... Okay, maybe 2 decades but who's countin'...

That was pure arrogance on their part... If the American people had owned GM, like they do now, back in the late 80's GM would be healthy today because the American people wouldn't have put up with such crap... Congresss would have stepped in and said, "No mass, this stuff is junk"...

Ford??? Not much better...

Chrylser??? Worse yet... Junk...

I mean, if we are going to risj capital on arrogance then we are going to fail 100 times out of a 100...

Nationalize the auto industry and put a bunch of housewives and ol' hippies in the design department with the engineers and all will be fine...

B~