>Company makes utterly terrible products>Goes bankrupt>Government keeps it alive on life support to maintain employee retention>Continues to make utterly terrible productsHow is this not just communism? In a free market economy GM and Chrysler would not be allowed to continue existing.
Corporate welfare is theft.They're robbing the American tax payers.The officials in government who profit should be charged with treason and shot.
>>28936399Mutts are waking up to the fact that America's freedom only extends to its corporations and it was always a planned economy from the start. The whole nation was founded on the premise that slave owners get to own their shit without paying taxes. The whole foundation was rotten to the core.
>>28936399It's not about corporate welfare, it's about leverage.GM has helped the US military in the past and more than likely has some "corporate secret" that is also a national security risk, M1 ABRAMS armor being a closely guarded secret levels of national security, so not really that great a secret in the long run, but still something you'd want under wraps so that people cannot make an effective weapon to kill the M1 ABRAMS. If GM goes under some of that stuff would legally go on sale to the highest bidder on a bankruptcy fire sale of the company.One example of this is the Hummer, another company that also builds trucks for the military and civilian busses for public transportation built Hummers originally, and they had exclusive rights to sell Hummers to civilians, And then GM gets the rights to build and sell hummers through a simple deal. you'd think the military would like to be involved on a deal to sell military vehicles to civilians, but nope, it was all done perfectly legally and publicly, 0 military involvement, almost as if they were giving the rights to GM as a favor or something
>>28936399because we'd be driving around in cars designed by the chinese rather than jews and retarded boomers and that's bad for national security o algo
>>28936399I wasn't initially very much against the bailouts of Ford, Dodge, and GM. But I've realized years later that it was a necessary evil. Killing off GM would have been a huge mistake.
It isBut so long nobody at the government wants to deal with the reserve capacity needed to produce WW2 amounts of products like tanks or jeeps, its going to stay that way. In this climate any of their larger factories could be retooled over a few months to start mass producing drones, etcIf WW3 hits, it might turn out automobile manufacture is a dead end for the war effort, and retolling isn't good enough. But that just means there is going to be a new poster child. Nothing more.
>>28936399Where would Ford be without all their government and police contracts? They're just as guilty of giving the government a reach around.
gm has 150k employeesassuming half are US based and assuming an assuming they average $10k per year in federal income tax that's almost $1 billion in recouped income annually for the governmentand that's before you factor in all the taxable incomes created by tertiary and support industries.free money for large corporations is good for everyone.
>>28936527The winning Abrams was designed by Chrysler, not GM
>>28936992Examples are not meant to be taken literally anon.
>>28936399Wait until I tell you about banks>Make home loans to niggers to ghettofy middle class neighborhoods>Bunch of free money artificially increases demand for houses, thereby raising the price of home ownership>This means everyone has to take out an even bigger mortgage>Niggers default on their loans because niggers>Banks are upside-down billions on home loans>Instead of facing ANY consequences for criminally bad financial decisions (which banks of all "people" should know better), they all get a blank check from Uncle Sam (aka the taxpayer, aka YOU) >Banks ruined White neighborhoods, priced the middle class out of home ownership, robbed the American taxpayer to cover their debts, and rounded it all off by unleashing wokeism to poison the protest movement against all of the above. Car companies getting a bailout so a couple thousand blue collar schlubs don't go homeless is downright noble in comparison.
>>28937009But the example should be accurate to prove your point.
>>28936527You were so close but immediately went retarded.Its simple, core industries need domestic presence for the sake of national security.When we need to quickly pump out jets you think we can just call up Toyota?
>>28937017This was Clintons fault btw not banks. His administration pushed legislation that forced banks to hand out loans to subprime lenders with terrible criteria. Look up Community Reinvestment Act (CRA) for example.Banks decided instead of sitting on those shit loans they would bundle them up with other loans to create a product with diversified risk that was more valuable than the individual loans and sold them to wall street.Then Clinton admin allowed repeal of Glass-Steagall, this wasnt his legislation but he should have vetoed that shit.From Clinton Admin onwards it was pretty much bound to happen eventually.That cocksucker is also responsible for out of control tuition costs. Every presidential admin since ESPEVIAeLLY Obama is guilty for letting it continue but that asshole started it.
>>28936399Every car company has gone bankrupt. Except Ford and Tesla.
>>28936464this anon gets iteveryones a slave nigger according to the government
