Once upon a time in this nation, you could trust a few things above all others. Millions of guys will watch football, millions of women will go shopping, and Paris Hilton would think the Nobel Prize came in a box of Nobel cereal. One of those things you could count on was that the judicial branch of government would uphold the rule of law. Well, at least I believed that. Ah, to be that naive again. Continue reading So Much For Law And Order
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As if the nightmare that is the government’s involvement in General Motors wasn’t already bad enough, it looks like it’s about to get worse. As GM gets closer and closer to filing for bankruptcy, the talk seems to be centered around keeping the venerable auto giant afloat with help from Uncle Sam…to the tune of an additional $30-50 billion dollars. That is on top of the $20 billion tax payer dollars already given to the auto giant. Of course, it’s not like there isn’t an investment being made, right? Continue reading GM To Get More Money From Government Reuters has an interesting piece going right now regarding GM. Apparently, those bailout loans did wonders to keep GM afloat. So much so that now they’re going into bankruptcy anyways. What really has me puzzled is GM’s intent to sell healthy assets to a company owned by the government. What. The. Heck? Continue reading From the “Bailouts Really Work” Files Over the past few days, almost 2,000 auto dealerships have been told they are closing. First Chrysler then GM sent letters saying that by a certain date, those lots will no longer be able to sell new cars or service cars any longer. Here’s the thing that makes me wonder: why? Continue reading Killing Car Dealerships |
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