06-01-2009, 08:49 PM
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Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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Quote:
Originally Posted by Pleasurepays
i'm not suggesting anyone is angry. or what right they have or don't have to be angry. i'm saying its totally, 100% absurd that the federal government would take over a company like GM and act like they know how it should be run, as if they understand the business, understand business at all, understand the market, the consumer, the long term and short term strategies, the visions, the changing market, the coming threats from other companies, the changing future and so on and so forth.
There is a difference between loaning money to a company... and basically taking over control of it. a key difference which you seem to be ignoring.
You are ignoring the simple fact that the Obama Administration is dictating to them how it will be run, what their future will be etc. Not allowing management to make that decision. That is what i am talking about. That... and that alone. That simple fact contradicts everything this country stands for and was built on and no one in their right mind can expect the federal government... much less the auto unions of all things are more qualified to run the company than people from the auto industry. The federal government just took over a private enterprise and is running it. The federal government just took over a private enterprise, is running it "as a shareholder" ... whoever the "shareholder" is... since it was your money and my money that bought the shares and is using that position to implement government policy.. such as fuel standards and using government making large orders of cars the market clearly doesn't want when gas is cheap "to boost sales" of those vehicles.
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I agree fully with the idea that the government is not qualified to run the company and that they don't know what it takes to run a company like this. If they decided to help the company out I can fully understand that they would want some changes and some assurance that every possible step would be taken to make the company viable again. I also think if they were not happy with the current management they should have gotten other qualified people to run the company, not just some politician who thinks he knows what is best.
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