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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

GM, Ford, Chrysler Face Bankruptcy Risk on Crisis, S&P Says

Comments

Car makers going bust!

tenthman

The car makers had every opportunity to select an alternative way to power their cars...electric, air, hydrogen (on demand systems).

Tata motors in India has an air powered car. Just go to YouTube and search for "air car" ... here's one selection
http://www.youtube.com/watch?v=ztFDqcu8oJ4

We've all heard of Stanley Meyers' water car...go to YouTube and search for "water car ... here's one:
http://www.youtube.com/watch?v=CrxfMz2eDME

Electric cars? They're here and now:
http://www.teslamotors.com/ or go to YouTube and search for "electric car".

The American auto makers deliberately chose to follow big oil's model...and it led them right off a cliff. We DON'T NEED OIL NOR NUCLEAR POWER!! (Who do you think owns all the uranium mines?) Let them go bankrupt!! They did it to themselves, just as the financial industry wrecked themselves (and who, if this bailout is allowed to stand, will ruin us as well!)

We better get rid of the fraudulent, privately owned fed and their equally fraudulent "fractional reserve banking" scheme before they completely destroy us! Vote the bums out!

Jerry Bolduc

North American car companies going under

chillyphantom

Did't the Bush Gummermint just bail them out? Hm, what happened to the cash? Oh, I get it. The senior management were smart enough not to let the media know when they partied at a super slick ultra-ritzy hotel.

Shut them down. With some exceptions, the only people that will suffer are the owners and the foreign companies supplying the parts and labor. Oh, I forgot about how this impacts the investors. But that impact seems to be par for the course these days. Clearly, investors are the ones that should lose because they know they are taking a risk in the first place. Senior management comes first doncha 'no'.

In the business world, survival of the fittest is the best route. George Wanker Bush - don't be trying to send more bailout cash their way. The owners will only steal it for themselves and still claim bankruptcy. Let them ALL die!

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