TomAiello 26 #26 March 30, 2009 Quote It might be a good time to invest in Ford since they'll soon be The Big One. Nah. The government will give enough money to the loss-making enterprises that they own them, then decide that competing with them is against national interest, and nationalize Ford.-- Tom Aiello Tom@SnakeRiverBASE.com SnakeRiverBASE.com Quote Share this post Link to post Share on other sites
TomAiello 26 #27 March 30, 2009 QuoteQuoteThe simple solution would be not to give my (taxpayers') money to private companies, and not to have the government meddle in their management. If private business makes bad decisions and goes bankrupt--then they should go bankrupt. abcnews.go.com/Blotter/story?id=7208201&page=1 And the failure of a CEO should not walk away from the wreck with $20M. Sure. If you are hired to do a job, and you fail, you deserve to be let go. If your employer is dumb enough to guarantee you a salary even if you fail, well, that's pretty dumb. In my mind, if the whole company is going bankrupt, the CEO has definitely done a poor job. The board (his boss) or the shareholders (their bosses) ought to fire him. I don't think that the federal government has any business becoming a shareholder, or a member of the board, though, any more than I want my tax dollars going to support "businessmen" who are losing money.-- Tom Aiello Tom@SnakeRiverBASE.com SnakeRiverBASE.com Quote Share this post Link to post Share on other sites
