The rich get richer - Chrysler to takeover GM in a Merger

puremagic
puremagic Posts: 1,907
edited October 2008 in A Moving Train
Ok, I'm lost. We just gave each of these corporations $25 billion dollars to keep them afloat EVEN while they continued to lay off workers now they want to merge with $50 billion dollars and still close plants and lay off workers.

As you may remember Chrysler was brought by the private equity fund Cerberus Capital Management negotiated by Dan Quayle. Cerberus is under pending Congressional investigation for kickbacks in the privatization and awarding of contracts implicating Cheney, Rumsfeld, Wolforitz, several Republican congressional people and key corporate executives. Also, the link to this corruption includes the Carlyle Group in Washington, DC. which include figures such as George H. Bush, Jim Baker and Kissinger. Gotta love Privatization.
SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.
Post edited by Unknown User on

Comments

  • Strangest Tribe
    Strangest Tribe Posts: 2,502
    Oh shit!

    These guys are having a grand ole party aren't they? A veritable cornucopia orgy of money from the taxpayers.

    Hell, let's give 'em more tax breaks, why not?
    the Minions
  • prytoj
    prytoj Posts: 536
    puremagic wrote:
    Ok, I'm lost. We just gave each of these corporations $25 billion dollars to keep them afloat EVEN while they continued to lay off workers now they want to merge with $50 billion dollars and still close plants and lay off workers.

    As you may remember Chrysler was brought by the private equity fund Cerberus Capital Management negotiated by Dan Quayle. Cerberus is under pending Congressional investigation for kickbacks in the privatization and awarding of contracts implicating Cheney, Rumsfeld, Wolforitz, several Republican congressional people and key corporate executives. Also, the link to this corruption includes the Carlyle Group in Washington, DC. which include figures such as George H. Bush, Jim Baker and Kissinger. Gotta love Privatization.

    would you rather have criminals running amuck independently, or within the government paid for by you?
  • puremagic
    puremagic Posts: 1,907
    prytoj wrote:
    would you rather have criminals running amuck independently, or within the government paid for by you?


    At least independent criminals get prosecuted, not these smucks.
    SIN EATERS--We take the moral excrement we find in this equation and we bury it down deep inside of us so that the rest of our case can stay pure. That is the job. We are morally indefensible and absolutely necessary.
  • blackredyellow
    blackredyellow Posts: 5,889
    let's keep rewarding consistently horribly ran businesses and expect them to suddenly do better.
    My whole life
    was like a picture
    of a sunny day
    “We can complain because rose bushes have thorns, or rejoice because thorn bushes have roses.”
    ― Abraham Lincoln

Categories