Why would someone say that GE, Chrysler and Ford have gone bankrupt and it is...

  • Thread starter Thread starter DC Maximus
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DC Maximus

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...Bush's fault.? Last time I looked they all remained publicly traded, non-bankrupt companies.
 
It all boils down to a bunch of morons who thought it would be fun to rip everyone off. Thought they were being mistreated and think the world owes them something. Now that reality is setting in they're doing everything in their power to cover up their bullshit. Im sorry, but i do agree that the bank bailouts do seem real fishy to me. Especially not being able to investigate what really occurred. There is something wrong with that.
 
they would be bankrupt if not for external safety nets not present in a pure capitalist system
 
This problem actually goes back to the 1980s. The Big Three did not take companies such as Nissan and Toyota seriously. They negotiated bad contracts with the UAW that led to the creation of the jobs bank program and inflexible terms overall with the union.

The management in my opinion needs to be held accountable.
 
You're right. It's more correct to say say that GE, Chrysler and Ford are GOING bankrupt and it is Bush's fault.
 
Probably because that was the title of the article trying to attract you to read the entire article.
 
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