At $3 per share, should GM be allowed to collapse and be bought out by Ford and

  • Thread starter Thread starter Uncle Hugo
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Uncle Hugo

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Chrysler or what? That will help end their huge pension fund, I think. Until that is cleared out, USA cannot compete with foreign auto makers. Time for a new kind of socialism and nationalization of key industries. Ask Maxine Waters who has repeated proposed nationalization of the big oil. Who knows, eh?
 
I believe under an Obama administration, Maxine Waters would be made secretary of commerce. Yes, GM should be allowed to collapse, perhaps Toyota could purchase some of its assets.
 
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