i called this months ago and was told by many it would never happen,the unions wouldnt allow it,blah blah blah.. Carmaker under federal control; U.S. to own 60%
It's not really surprising, at all. But in all honesty, I couldn't give a shit. If it was up to me, I'd force all car companies to go out of business and instead invest the money in proper public transportation.
makes me sick i guess people have to experience a far lower quality of life to realize that the gov't needs to stay the fuck out
Should have just let them sink. If the horse and carriage business went to the government for help when they started making cars and driving them out of business who knows where we'd be now.
we'd have cheaper cars. because car companies would have had to compete and would have come out of it with better business models and cleaner, more competitive corporate histories.
I'm not sure the business model has been an issue quite THAT long. In fact, Henry Ford, when asked what would happen if he lost his entire fortune, stated that he was sure he could have it back within 5 years. Then again entrepreneur's operate a little differently than big time CEO's too, I think. At least the successful ones do.