View Single Post
Old 11-20-2008, 05:45 PM   #138
Radar
Constitutional Scholar
 
Join Date: Dec 2002
Location: Ocala, FL
Posts: 4,006
I love the Camaro more than any man should love a car, but I have to admit I am pissed at GM and would not be sad if they went out of business. In fact if Ford, GM, and Chrysler all went out of business, it would take out about half a million jobs in total.

Well over 90% of America works for small business (500 employees or less) and these businesses won't get bailouts.

Also, GM sort of deserves it since they killed the electric car. They had a winner, and if they would have sold them, and expanded rather than killing it, they'd be kicking Toyota's butt right now because they had a 5-6 year jump on them.

It's poetic justice. They deserve it for their ties with big oil and for all the steps they've taken over the years to stifle competition and innovation. For instance they bought up all the street cars in L.A. during the 50s and ripped up all the track so people would buy more cars. They killed the electric car, and bought the battery technology that would have made electric cars viable for 90% of commuter driving and then promptly sold it to oil companies.
__________________
"I'm completely in favor of the separation of Church and State. My idea is that these two institutions screw us up enough on their own, so both of them together is certain death."
- George Carlin
Radar is offline   Reply With Quote