Evolution of Dispossession

Evolution of Dispossession
How to Steal a Country?

Monday, June 01, 2009

Nader on GM

Was every avenue exhausted in the GM ordeal? NO, Ralph Nader says in this piece, and he makes some very good points as usual.


JohnnyB said...

I watched the NBA finals last night and saw endless commercials for the "new GM" as well as cross promotions for the new Transformers movie. The new GM commercials are atrocious, and moreover, I wondered how did this bankrupt company afford to pay primetime advertising rates?

I think Jim Cramer was right when he said that government money for GM was simply a jobs program for the UAW so the democrats don't face 12% unemployment. I don't know how long they can keep the ruse up.

scottie said...

Good queries, all of them. Not many Americans really know what's going on with the Federal absorptions of US corporations/banks. Are they really being nationalized? I do not think they are, and with when there are calls for US taxpayers to own shares of GM with the nationalization of it I think more information ought to be provided to the people, since we are the ones who will bearing the financial burden of their rescue.

Transparent it is not, and we should be provided more than whta has been said currently.