Thread: The New Bailout
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Old 02-21-2009, 09:18 PM   #105
sugarpop
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Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Quote:
Originally Posted by Undertoad View Post
Saab just filed for bankruptcy, thus allowing GM to sell.

It turns out the Swedish government was not interested in a bailout plan, opting instead to send them to bankruptcy. Huh. If only the US were as capitalist a country as Sweden...

GM killed a great brand. Saabs used to be the coolest thing on the roads. Now they are bland pieces of shit. Maybe they can be resurrected.
GM also killed the electric car. The company should just be sold off to the highest bidder. Why are we paying so much more than the company is even worth?

And Chrysler is a private corporation owned by wealthy hedge funds. So why the hell are we bailing them out? Shouldn't they use their own money?
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