Comments on: Nationalizing GM http://www.newclarion.com/2009/04/nationalizing-gm/ Our mission is to combat the unreason and selflessness that are sweeping our culture from the nihilist left to the religious right, and to sound a new ideal of capitalism and individual rights in American politics. Mon, 06 Feb 2012 03:04:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Stephen Macklin http://www.newclarion.com/2009/04/nationalizing-gm/#comment-2631 Stephen Macklin Sun, 03 May 2009 03:17:19 +0000 http://www.newclarion.com/2009/04/nationalizing-gm/#comment-2631 Consider also that the UAW is going wind up owning 55% of Chrysler. Imagine being Ford and having to negotiate a labor contract with a union that is also your competitor. Consider also that the UAW is going wind up owning 55% of Chrysler. Imagine being Ford and having to negotiate a labor contract with a union that is also your competitor.

]]> By: Chuck http://www.newclarion.com/2009/04/nationalizing-gm/#comment-2566 Chuck Thu, 30 Apr 2009 15:35:43 +0000 http://www.newclarion.com/2009/04/nationalizing-gm/#comment-2566 Maria Bartiromo was reporting on the automakers' situation this morning and she mentioned another ominous aspect. Once the government takes over GM, the other two automakers will then be competing against the government. GM will have a bottomless well of money, get better terms for financing, etc. What happened to private education once the government started running the public education racket? Who can compete with a company that can print its own money? Maria Bartiromo was reporting on the automakers’ situation this morning and she mentioned another ominous aspect. Once the government takes over GM, the other two automakers will then be competing against the government. GM will have a bottomless well of money, get better terms for financing, etc.

What happened to private education once the government started running the public education racket? Who can compete with a company that can print its own money?

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