Re: GM to be a national company
Commerce clause. ![]()
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Commerce clause. ![]()
That says they regulate commerce not engage in it
But I'm sure the 9th amendment taken with the 4th and the 14th and what the hell bring the 5th along too all means Congress can make crying children smile and chase away the boogeyman. And if you don't agree, Obama won't stand with you. He'll be with the cool people.
Yeah...
How dare your democratically elected leader do what we was elected to do: lead.
Also please note that GMs collapse in a capitalist market would simply allow another contender
to rise up in the ranks. Chances are that contender wont be american, and jobs (and money)
will be sent overseas.
Told you China will pwn your country peacefully
.
"Sure, I talked to a few people, but not nearly enough for it to matter!""
i didnt say anything like that. i said while the number of people i've talked to is significant, it is not large enough to mean that the backlash done to companies that are bailed out will be enough to keep them from being profitable.
"Remember, for your backlash to even matter, it has to be relatively similar in size to the bailout's size"
not true at all. for the backlash to matter, the backlash would have to decrease the sales of the company prior to when they were having problems.
"which means the companies are unsustainable."
it means in their past form they were unsustainable.
"Also please note that GMs collapse in a capitalist market would simply allow another contender
to rise up in the ranks. Chances are that contender wont be american, and jobs (and money)
will be sent overseas."
Agreed. Warren Buffett has been buying up a Chinese auto company BYD which has made a ton of progress in producing a decent electric car which the average person can actually contemplate (e.g not Tesla). A wipeout of Chrysler, GM and Ford would have created a new space for innovators and people who know how to balance their books and turn a profit to fill. Instead now it looks like the newly govt subsidised U.S auto industry is going to give us all another cycle of the same old.
That is unless Obama can shake them up a little but conservatives don't even want that.
> Instead now it looks like the newly govt subsidised U.S auto industry is
> going to give us all another cycle of the same old.
Yes but the same-old will be American owned and made.
Not for long
And I don't think more than 5% of the country elected him to fart money out his ass (he is a democrat so that's probably 25% of their party)
>>How dare your democratically elected leader do what we was elected to do: lead.<<
He's ignoring the law and abusing his office. If that's leadership it is of the worst kind. There are reasons he does not lawfully have this power and it is only an indication of his lack of wisdom as well as his arrogance that he breaks the law with the support of Congress and much of the Amerikan people.
>>Also please note that GMs collapse in a capitalist market would simply allow another contender
to rise up in the ranks. Chances are that contender wont be american, and jobs (and money)
will be sent overseas.<<
I don't see why an Amerikan company such as Ford could not pick up more former GM customers than foreign manufacturers. Many bought GM because they wanted to buy Amerikan.
In any case, even if GM disappeared from the market (which a bankruptcy does NOT ensure) and we ignore Ford, that would leave Amerikan lawmakers and regulators with the option of making changes to allow Amerika to produce affordable cars (that is, affordable to produce and sell because nobody's going to buy your car if it's overpriced and you'll go out of business. you don't have to trust me on this one; it's recent history and it's not even over yet). Why would we WANT and ENCOURAGE companies that cannot produce a product and sell it for profit?
Yes the infrastrucuture is crucial for national defense, but the way to keep it is not by dumping tens of billions of dollars on it in the regular Democrat's solution model. There is much that can be done and, at the most, should not extend beyond major tax relief for these companies as they regain their profits. Bankruptcy laws already take care of renegociations with UAW--when there's no money to be had, you'd better make do with renegociation because the alternative is $0. The law is the way it is for a reason. It keeps Amerikan taxpayers for picking up the tab for BAD BUSINESS. It allows legal means to renegociate contracts in the case that is is impossible to fulfill requirements, which are often ridiculous in this case.
This is just another example of retards wanting a say in 100% of everything, so their vote controlling auto manufacturers is just a step in the right direction. They won't be happy until their government is as large as possible and given the closest to Godlike powers any instituion can have among men. Until then there will always be something to cry about. People will lose jobs and some work may go to China? Let's borrow money from China to keep those jobs in wasteful businesses here! Thanks to the omnipotent power of government we have "saved jobs" in order to keep wealth in the US... by borrowing the money to do so from China. The EXACT opposite of stated intent was achieved while morons are too stupid to see they've been had.
@skoe:
"How dare your democratically elected leader do what we was elected to do: lead."
you did not say something similar about bush if I recall. Maybe its my bad memory ![]()
"Also please note that GMs collapse in a capitalist market would simply allow another contender
to rise up in the ranks."
Or someone else to take over. But why oh why on earth does everyone think that a company like GM will vanish from the earth and leave no trace because of a bankruptcy? Its not like they are gonna nuke the place in case someone bids a price.
"Chances are that contender wont be American, and jobs (and money)
will be sent overseas."
A very large part of Europe is American and America is European if you follow that definition. You can replace Europe with china in the example. But there are a lot of contenders in the US and even if the company won't be US in name, it will be produced by American labor. If it won't , gm wouldn't have done it either so there is no difference whatsoever.
@all:
there is a HUGE difference between a market collapse or a company collapse. There is NO reason that if GM has to sell out, the entire US car industry would magically be wiped of the face of the earth. Simply other (hopefully better) people ruling.
"I am not necessarily disagreeing with what you are saying, but there is one mistake you make: a democracy is not a check on government, a democracy implies that the government IS the people, either in its representative form or its direct form."
Thats the definition of a democracy idd, but its i.m.o. not possible now nor does it exist on this planet on the scale of a nation. So you are right about the definition I do not say that.
I was simply explaining why our modern democracies (or what is generally called democracies, to be correct, because it doesn't follow the definition stated above) function so well and what is their strength and weakness.
"Institutional checks come from our belief in a mixed government and mixed constitution."
You have to explain mixed. You probably mean authoritarian and democratic?
"The executive is an unelected structure and so is the supreme court."
true. It makes it even less democratic following the principle again. However, in order to function the supreme court should not be voted on directly i.m.o. because the last thing we need is judges campaigning. Problem now is that in a lot of countries the executive or law giving structure is responsible for assigning them as well. The executive I'm all for.
"And what I meant by my comment was simple,"
for you because you know the meaning of it.
"in its representative form America's current government doesn't represent its constituents and represents the whole of the 'people' i.e. the working class even less."
No -what we call- democratic country does represent its people let go such a large groop of it. It can be controlled by elections thats all. So they can be kept in check to a certain extend but thats all.
"However, there is a demographic that is overly represented in politics and that is the bourgeois/capitalist class."
What is the bourgeois/capitalist class then?
Clearly capitalists are overly represented when a socialist is elected.
Just wondering,
Some euro country's have a wreakingbonus. When you buy a new car and have the old one wreaked you get a cash bonus.
It has boosted carsales pretty good here
would that work in US?
no, obama needs the money to sell out another company. Its a strange world where it costs you money to sell something.
It boosted car sales yes..
but here.. it boosted car sales of mostly japaneese cars...
it helpes to help the guys selling cars.. it did not help our resident car industrie so much.
It only can help you national car economy if those cars are the ones demanded by the population.
...and it costs a lot of money to pay for trash. We are now officially paying taxes for publicity against driving to much and more use of public transport, and then paying taxes for citizens to buy a new car. Perfect. European logic I presume.
Just print a million trillion dollars and drop it from helicopters
Gimme a million dollars
Give everybody in America a million dollars
Yes it will create awfulness
But with the internet we'll have a lot of fun in 2009
That's world class economic policy right there
its time to nuke the US
then i can book my vacation to the capital wasteland ![]()
It's the statements of jealousy like this that remind me, however bad it gets here, the rest of the world is full of ignorant idiots too; maybe we can still maintain the best standard of living on earth.
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