U.S. Expected to Own 70% of Restructured G.M.

Started by inimalist10 pages
Originally posted by Darth Jello
remembering that too many large conglomerates and corporations are bad

not that I disagree, but aside from laws specifically mandating how large a corporation can be, how is this enforced?

To me, given that corporations are run by individuals, setting limits on size would be limiting the ability of an individual to be successful. Almost penalizing someone for being too successful.

Stifling competition, price fixing, and corruption of the government are not measures of success. I'm a college graduate who's served his country and gotten some tail on occasion. Why should the government stifle my level of success by imposing laws on my that stop me from theiving and killing to get ahead?-would be the equivelant argument if you were talking from the legal perspective of a corporation being a person.
It's called the Sherman Antitrust Act and it's designed to prevent this web of ownership we have in which practically everything is owned by a few large companies that (depending on the industries) act as virtual monopolies or cartels and if one of them fails, they need bailing out in order to insure that millions, if not tens of millions of people don't lose their jobs.

Originally posted by Darth Jello
That and they became too big. Would any of this be happening if instead of three big auto companies we had 7-10 smaller ones? We'd be saying yeah, it's terrible that Pontiac and Lincoln are failing but Chevrolet is expanding because of the hype over their Volt. I really do hope that one thing that comes out of this crisis is people remembering that too many large conglomerates and corporations are bad and that we have antitrust laws that should be enforced for the good of the economy.

Them being too big wouldn't have been a problem if they still made innovations and designed cars to suit the current economy.

US, European and Japanese car manufacturers could take a leaf out of Tata's book whereby they made an extremely cheap but profitable car for the Indian market which costs about £1300.

If they reacted quick enough they probably could've avoided this but the fact that they are so big meant they got complacent and never adapted, thinking that they could just ride out the storm.

but it is a problem because it stifles competition and creates huge problems if the company does fail.

Originally posted by jaden101
Them being too big wouldn't have been a problem if they still made innovations and designed cars to suit the current economy.

They were big enough that it didn't matter to them anymore. As far as they knew they'd become untouchable.

Ohh its a slippery slope into dictatorship the government taking over bi companies .......

Originally posted by Symmetric Chaos
Taking control of a single company isn't socialism. It might seem slightly socialist but until Obama starts nationalizing the all banks and snapping up control of healthy businesses it's much closer to non-lassie-faire capitalism than socialism. One business does not a trend make, but if Obama starts to make a habit of it I'll admit you have a point.

It is Socialist, stop beating around it and just come out with it already. I never said we are a socialist country, I said we are BECOMING one..WHICH WE ARE. The government just took over and is operating a company.

Universal Health Care..Obama has said he wants this, he wants to run the health insurance industry as well.

Obama PREVENTED banks from giving back their stimulus money

How many more of these do you need?

Originally posted by King Kandy

Also, Japanese workers don't need the benefits US ones do because government programs provide them.

The Japanese companies operate plants in the Deep South of the US where they have non-union plants..so you fail.

Originally posted by Darth Jello
Why should the government stifle my level of success by imposing laws on my that stop me from theiving and killing to get ahead?

you would equate this with profiting from legitimate business?

Originally posted by Symmetric Chaos
They were big enough that it didn't matter to them anymore. As far as they knew they'd become untouchable.

Isn't that the same thing?

Originally posted by inimalist
you would equate this with profiting from legitimate business?

Define legitimate business.

Originally posted by Symmetric Chaos
Define legitimate business.

well, like, if he is saying corporate crime needs to be enforced more, it makes sense. A lot of businesses, at least how I see it, operate in semi or nearly legal ways, and that does legitimately harm others. Or, on the other hand, the laws that allow (or allowed) companies to value their stock (or however that works) on projected estimates of profits, while legal, are pretty shady and probably on a whole negative.

So, in a lot of ways I probably agree with much of what he is complaining against, however, the idea that a man cannot profit from their labour, or there is a point where one is so successful that they should be penalized for it, just don't agree with me. Government power shouldn't be used to stop people from being personally successful.

Taking that to the extreme of "oh, then i can kill and rape to be successful" is somewhat... well, a silly strawman to say the least.

Originally posted by KidRock
It is Socialist, stop beating around it and just come out with it already. I never said we are a socialist country, I said we are BECOMING one..WHICH WE ARE. The government just took over and is operating a company.

Universal Health Care..Obama has said he wants this, he wants to run the health insurance industry as well.

Obama PREVENTED banks from giving back their stimulus money

How many more of these do you need?

The Japanese companies operate plants in the Deep South of the US where they have non-union plants..so you fail.

I believe Obama is a proponent of a single payer system, not UHC.

Originally posted by inimalist
you would equate this with profiting from legitimate business?

No, I would equate it with business as usual.

Originally posted by dadudemon
I believe Obama is a proponent of a single payer system, not UHC.

On January 24, 2007 Obama spoke about his position on health care at Families USA, a health care advocacy group. Obama said, "The time has come for universal health care in America [...] I am absolutely determined that by the end of the first term of the next president, we should have universal health care in this country."

Originally posted by KidRock
[B]On January 24, 2007 Obama spoke about his position on health care at Families USA, a health care advocacy group. Obama said, "The time has come for universal health care in America [...] I am absolutely determined that by the end of the first term of the next president, we should have universal health care in this country." [/B]

Doesn't mean he takes control of insurance companies. It could be government financed entirely.

Originally posted by KidRock
The Japanese companies operate plants in the Deep South of the US where they have non-union plants..so you fail.

Okay I thought you meant the workers IN JAPAN... Yeah I guess we could give people less benefits but then they could end up lacking basic necessities like health care.

Originally posted by King Kandy
Okay I thought you meant the workers IN JAPAN... Yeah I guess we could give people less benefits but then they could end up lacking basic necessities like health care.

God forbid the union worker that does nothing but sweeps floors makes less then 60,000 a year.

Maybe people should try and support themselves instead of looking to the government or the big corporations which they hate so much to keep them alive?

Originally posted by KidRock
God forbid the union worker that does nothing but sweeps floors makes less then 60,000 a year.

No but he should at least be ensured things necessary to survive. Really it's the slashing of benefits by companies that gets me more than the actual wages.

Originally posted by King Kandy
No but he should at least be ensured things necessary to survive. Really it's the slashing of benefits by companies that gets me more than the actual wages.

Why should companies be forced to pay benefits to people?

Originally posted by KidRock
Why should companies be forced to pay benefits to people?

Because otherwise the people would have their ability to live threatened.