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Originally Posted by Supermans
First of all, I appreciate your opinion. The current administration would love to take over the car industry so they can dictate "green global warming regulations" directly from the bench. In other words do you really want the Government forcing you to buy cars you don't want? The new administration is planning on taxing carbon dioxide emissions for Pete's sake.. The chemical we exhale and that is food for all plants... As for the nationalization of the banks, printing out money and giving loans to people who can't afford it will lead to massive inflation the likes we have never seen. Do you really think the Government is going to all of a sudden get responsible and fix all the problems when they are the ones that forced Fannie and Freddie to give out 50% of their loans to people who couldn't afford to pay them each month. Heck, one Californian hot dog vendor making 15,000 a year got a loan for a 2.5 million dollar house and is still living in it today...Go figure..
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Everything you've said here is exactly what I've been reading, although you have to seek it out, you won't find it in the mainstream media. I believe the administration would give more money to GM, not to nationalize it, but for the sake of keeping the union in control and strong. He's already said he favors the Employee Free Choice Act, which does away with secret balloting. It's not a pretty future coming, but I don't think we'll see our demise next year as the Russian scholar recently said.