http://www.residualforces.com/2008/11/17/bailoutapalooza-bsificator-sorting-through-the-gm-bailout-spin/ A Stream of Consciousness by Andy Aplikowski on His Life, His Politics, His Dogs, His Truck, and Whatever Pleases His Fancy Mon, 15 Mar 2010 21:01:22 -0500 http://wordpress.org/?v=2.8 hourly 1 http://www.residualforces.com/2008/11/17/bailoutapalooza-bsificator-sorting-through-the-gm-bailout-spin/comment-page-1/#comment-43355 J. Ewing Tue, 18 Nov 2008 20:48:55 +0000 http://www.residualforces.com/?p=6059#comment-43355 Something you may be missing in all of this is that GM, et al were not completely free agents of their own downfall. They have ridiculous union contracts, protected by powerful political interests, and they have a huge amount of regulation thrust upon them as to what they produce and how they produce it. Supposedly the contracts add at least $2500 to the price of the car and environmental regulation adds at least $1000 more. Add in a high corporate tax rate, and you have created a highly uncompetitive situation. GM can be blamed for some of it, no doubt, but the government bloodsuckers trying to "fix" it bear a large portion of the blame as well. Something you may be missing in all of this is that GM, et al were not completely free agents of their own downfall. They have ridiculous union contracts, protected by powerful political interests, and they have a huge amount of regulation thrust upon them as to what they produce and how they produce it. Supposedly the contracts add at least $2500 to the price of the car and environmental regulation adds at least $1000 more. Add in a high corporate tax rate, and you have created a highly uncompetitive situation. GM can be blamed for some of it, no doubt, but the government bloodsuckers trying to “fix” it bear a large portion of the blame as well.

]]> http://www.residualforces.com/2008/11/17/bailoutapalooza-bsificator-sorting-through-the-gm-bailout-spin/comment-page-1/#comment-43348 Work At Home Online Tue, 18 Nov 2008 08:20:11 +0000 http://www.residualforces.com/?p=6059#comment-43348 [...] Bailoutapalooza - BSificator -Sorting Through The GM Bailout Spin [...] [...] Bailoutapalooza – BSificator -Sorting Through The GM Bailout Spin [...]

]]> http://www.residualforces.com/2008/11/17/bailoutapalooza-bsificator-sorting-through-the-gm-bailout-spin/comment-page-1/#comment-43347 Bailoutapalooza - BSificator -Sorting Through The GM Bailout Spin | www.business-on.info Mon, 17 Nov 2008 23:31:26 +0000 http://www.residualforces.com/?p=6059#comment-43347 [...] See original here: Bailoutapalooza - BSificator -Sorting Through The GM Bailout Spin [...] [...] See original here: Bailoutapalooza – BSificator -Sorting Through The GM Bailout Spin [...]

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