NEW GM: WHAT ABOUT THE RULES OF FREE ENTREPRISE? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

leifhain · 06-04-2009, 02:09 AM

UNBELIEVABLE THE US GOVERNMENT IS TAKING OVER GM. THIS IS AGAINST THE RULES OF FREE ENTREPRISE. IT FALSIFIES COMPETITION AND IT PUNISHES COMPANIES THAT SURVIVED THE CRISIS AND TOOK RESPONSABILITY FOR THE JOBS OF THEIR WORKERS.

*TAG UR IT* · 06-04-2009, 02:13 AM

Sorry....but GM did it to themselves. The economy didn't help out either. But, not the Governments fault. The government didn't just step in and say, "We are taking over."

Now...I see this thread getting out of hand really quickly....so.....

GatorBlue371 · 06-04-2009, 02:16 AM

Quote:

Originally Posted by TAG UR IT

Sorry....but GM did it to themselves. The economy didn't help out either. But, not the Governments fault. The government didn't just step in and say, "We are taking over."

Now...I see this thread getting out of hand really quickly....so.....

Gov. Is just looking to save a ton of jobs and keep the economy from getting worse. If GM had 300 employees it wouldnt be getting so much special attention. The Gov. is looking out for its own (the country's) best interest.

zman302 · 06-04-2009, 03:38 AM

I don't think that alot of people realize what would really happen if GM and Chrysler would cease to exist. More than just the Jobs at these companys would be lost. It would force alot of their suppliers to go out of business also, this would affect other automakers also with parts supplies. The ripple is far greater than most people realize, the government is stepping in to prevent this from happening, saving millions of jobs in the process. While alot of you might not understand or like why its happening, I am sure that the people building the car we all love and other cars for these two companys are very happy that they now have a chance to keep their jobs because the government steped in and saved the companies they work for.

MLL67RSSS · 06-04-2009, 06:12 AM

If they government can GIVE the banks that mismanaged their business 700 BILLION free and clear because they're "too big to let fail", then they surely can can LOAN the automakers a few billion for the same reason. Personally it's the first one that bothers me.

dbotsfordtat · 06-04-2009, 07:50 AM

I'm glad the government stepped in because I think we would have been much worse off if they hadn't. That being said, I wish people would spend a moment and think before they parrot free market ideaology. The golden rule is simple but true, " those with the gold make the rules." An updated version would be written as "Those with the gold make and change the rules as necessary to maintain control of the gold." IMO.

FenwickHockey65 · 06-04-2009, 08:52 AM

IBTL.

1320junkie · 06-04-2009, 08:56 AM

Quote:

Originally Posted by leifhain

UNBELIEVABLE THE US GOVERNMENT IS TAKING OVER GM. THIS IS AGAINST THE RULES OF FREE ENTREPRISE. IT FALSIFIES COMPETITION AND IT PUNISHES COMPANIES THAT SURVIVED THE CRISIS AND TOOK RESPONSABILITY FOR THE JOBS OF THEIR WORKERS.

Are you a U.S. Citizen?..just wondering

FenwickHockey65 · 06-04-2009, 08:57 AM

Lives in Belgium...

1320junkie · 06-04-2009, 08:58 AM

Quote:

Originally Posted by FenwickHockey65

Lives in Belgium...

diddiyo · 06-04-2009, 09:00 AM

Quote:

Originally Posted by FenwickHockey65

Lives in Belgium...

so that means he's not allowed to have an opinion? you do realize GM sells cars all over the world right?

Quote:

Originally Posted by GatorBlue371

Gov. Is just looking to save a ton of jobs and keep the economy from getting worse.

but wasn't that why they were pumping billions into GM for half a year already? to save them from going bankrupt in order to save jobs etc? everybody was like "ooooh we can't let them go bankrupt!!!" and now all of a sudden bankruptcy is the right thing to do?!

i really don't get it. what was all the money good for?

War Eagle · 06-04-2009, 09:16 AM

Newspaper Editorial this morning. Not necessarily my opinion, just sharing.

http://www.newsherald.com/articles/c...ent-union.html

Hylton · 06-04-2009, 09:27 AM

Quote:

Originally Posted by MLL67RSSS

then they surely can can LOAN the automakers a few billion for the same reason. Personally it's the first one that bothers me.

Swapping 65 billion in govt. money (US and Canada) for an undisclosed amount of shares of a company (new GM) with an undisclosed value is hardly a loan.

1320junkie · 06-04-2009, 09:28 AM

Quote:

Originally Posted by diddiyo

so that means he's not allowed to have an opinion? you do realize GM sells cars all over the world right?

And he will still be able to buy his cars..all over the world

06-04-2009, 02:09 AM	#1
leifhain Drives: lancia delta integrale Join Date: Feb 2008 Location: belgium Posts: 6	NEW GM: WHAT ABOUT THE RULES OF FREE ENTREPRISE? UNBELIEVABLE THE US GOVERNMENT IS TAKING OVER GM. THIS IS AGAINST THE RULES OF FREE ENTREPRISE. IT FALSIFIES COMPETITION AND IT PUNISHES COMPANIES THAT SURVIVED THE CRISIS AND TOOK RESPONSABILITY FOR THE JOBS OF THEIR WORKERS.

06-04-2009, 08:52 AM	#7
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	IBTL. __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued)

06-04-2009, 08:57 AM	#9
FenwickHockey65 General Motors Aficionado Drives: 2023 GMC Canyon, 2020 Colorado Join Date: Aug 2008 Location: Florida Posts: 37,371 View My Garage	Lives in Belgium... __________________ 2023 GMC Canyon Elevation 2020 Chevrolet Colorado W/T Extended Cab (State-issued)

06-04-2009, 09:16 AM	#12
War Eagle Drives: 1969 Chevelle, Avanti, 2010 GT500 Join Date: Dec 2008 Location: Florida Posts: 179	Newspaper Editorial this morning. Not necessarily my opinion, just sharing. http://www.newsherald.com/articles/c...ent-union.html __________________ Back in a Chevelle after 41 years.

06-04-2009, 02:13 AM	#2
TAG UR IT www.Camaro5store.com Drives: 2014 ZL1 #705 Join Date: Jul 2006 Location: SA, Texas Posts: 26,558 View My Garage	Sorry....but GM did it to themselves. The economy didn't help out either. But, not the Governments fault. The government didn't just step in and say, "We are taking over." Now...I see this thread getting out of hand really quickly....so.....

06-04-2009, 03:38 AM	#4
zman302 DZ 302 4spd Drives: 1969 Z/28 Join Date: Sep 2006 Location: Ohio Posts: 131 View My Garage	I don't think that alot of people realize what would really happen if GM and Chrysler would cease to exist. More than just the Jobs at these companys would be lost. It would force alot of their suppliers to go out of business also, this would affect other automakers also with parts supplies. The ripple is far greater than most people realize, the government is stepping in to prevent this from happening, saving millions of jobs in the process. While alot of you might not understand or like why its happening, I am sure that the people building the car we all love and other cars for these two companys are very happy that they now have a chance to keep their jobs because the government steped in and saved the companies they work for.

06-04-2009, 06:12 AM	#5
MLL67RSSS Account Suspended Drives: car Join Date: May 2008 Location: location Posts: 1,574	If they government can GIVE the banks that mismanaged their business 700 BILLION free and clear because they're "too big to let fail", then they surely can can LOAN the automakers a few billion for the same reason. Personally it's the first one that bothers me.

06-04-2009, 07:50 AM	#6
dbotsfordtat Drives: 2016 Camaro Join Date: Nov 2008 Location: Iowa Posts: 502	I'm glad the government stepped in because I think we would have been much worse off if they hadn't. That being said, I wish people would spend a moment and think before they parrot free market ideaology. The golden rule is simple but true, " those with the gold make the rules." An updated version would be written as "Those with the gold make and change the rules as necessary to maintain control of the gold." IMO.