Posted on 04/20/2017 4:47:53 AM PDT by Ciaphas Cain
No government motors for me either.
We agree 100% on GM and Chrysler. I don’t deal with crooks and thieves either.
Same here,really like my twin turbo v6 truck!
“Atlas Shrugged is not a how-to book.”
Every freshman, HS and college, should be FORCED to read the book...Well, on second thought, considering the mentality of what goes to college lately, make’em watch the movie?
They’ll hear, from 50 years ago, what their present politicians are saying today ! Fair/Share/ etc etc etc
Yes, President Trump is going to be parachuted into Venezuela to lead the charge up to GM. Everything is a plot and a conspiracy theory.
Not that it has reached that point, but if it does, I trust him more than I would have trusted Obama.
GM isn’t the only company that has had problems in Venezuela. Why they went
over there where gov’t stablility isn’t assured only makes one wonder who is in
charge of their operation. They have taken over oil-rigs, Kimberly-Clark, PepsiCo
and Nestlé Inc, etc.
In the case of GM, one might question the “legality” of ownership in its capitulation to Ubama over the premium bond owners who were literally screwed down to pennies on the dollar for their investments. Perhaps they are the “legitimate” owners and not some Union Medical Plan and cronies.
.......wasn’t it Mao who said “power” comes out of the end of a rifle barrel”?
This my FRiend cannot be repeated enough here on FR or out in the public.
But may I add that the laws MUST be practiced and upheld by our Government and the law keepers or again the investment in the nation will lead to chaos.
This is an example of exactly why the New World Order can not allow any true national sovereignty. And why the CFR views the American military as the world’s policeman.
Maxine Waters approves of this move by Venezuela.
Now we know where that Obama bailout money went.
“I swore never again to buy or even rent a GM vehicle when the corrupt takeover of GM ripped off the bondholders to reward those with political pull.”
Same here. We used to be solid Chevrolet for decades, but ever since the takeover we’ve bought Subaru for cars and Fords for pickups.
I won’t touch Chrysler either.
I really do not feel sorry for GMV, they are just getting the same shaft Americans got a few years back. There’s a Latin saying that covers their demise: “Tuff-em Titty-um”.
He lifted the receiver. The operator announced a long-distance call from Mexico City.
The hysterical voice that came on the wire was that of his political man in Mexico.
“I couldn’t help it, Jim!” it gulped. “I couldn’t help it! . . . We had no warning, I swear to God, nobody suspected, nobody saw it coming, I’ve done my best, you can’t blame me, Jim, it was a bolt out of the blue! The decree came out this morning, just five minutes ago, they sprang it on us like that, without any notice! The government of the People’s State of Mexico has nationalized the San Sebastian Mines and the San Sebastian Railroad.”
The cheap labor was easy to fit into the spreadsheet calculations. The capretious nature of Leftist/ Marxist regimes; not so much.
It’s the communist way.
Neither GM nor any other company should be surprised when a socialist/communist government takes their stuff.
He’s overjoyed......................
A risk of exporting US jobs.
A small line. It's an old facility, I bet every piece of equipment has long since been amortized down to zero value.
Was it Dagny who moved all the worn out engines and cars to Mexico(?) prior to them nationalizing the rails?
Here is a question:
WHAT ARE THEY GOING TO DO WITH IT NOW THAT THEY HAVE IT?
They must rely on outside suppliers for parts. They will not be able to sell the cars that they make outside the country.
No one will buy them......................
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