Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Traditional Conservative Values...are now found in current events.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="vantexan" data-source="post: 2508254" data-attributes="member: 24302"><p>Obama saved GM, not the entire industry. Instead of a normal structured bankruptcy he pushed through a bankruptcy that caused GM's creditors to lose billions and yet GM still lost 25% of it's workforce. The gov't still owns GM stock and won't sell them as the full extent of gov't expenditure would then be known. And the underlying cause of near GM collapse hasn't been fixed, which was very high pay, gold plated benefits, that make the company vulnerable to serious economic downturns. Trump on the other hand is looking to create an environment where companies can thrive and provide jobs to everyone willing to work and reducing incentives not to work.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2508254, member: 24302"] Obama saved GM, not the entire industry. Instead of a normal structured bankruptcy he pushed through a bankruptcy that caused GM's creditors to lose billions and yet GM still lost 25% of it's workforce. The gov't still owns GM stock and won't sell them as the full extent of gov't expenditure would then be known. And the underlying cause of near GM collapse hasn't been fixed, which was very high pay, gold plated benefits, that make the company vulnerable to serious economic downturns. Trump on the other hand is looking to create an environment where companies can thrive and provide jobs to everyone willing to work and reducing incentives not to work. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Traditional Conservative Values...are now found in current events.
Top