[General | Members | C900 | 9000 | NG900 & OG93 | 92X | 93 | 95 | NG95 | 97X | 99 | Sonett | Vintage Models | Performance | Detail | Clubs & SOC | Other Cars | Books Movies & Music | Chat | FAQs | Gifts | Photos | Classifieds | Polls | Raffle | Sponsors]

General Bulletin Board
Search:

[Main General Bulletin Board | Post Followup | FAQ ] [ Prev by Date ] [ Next by Date ] Member Login / Signup [Most Recently Edited Saabnet.com Photo Galleries]
Re: Ironic timing, "new" GM is caught stuffing channel
Posted by Reality (more from Reality) on Thu, 5 May 2011 15:20:56
In Reply to: Re: Ironic timing, "new" GM is caught stuffing channel, kkelley, Thu, 5 May 2011 14:50:16
If not for the government bailouts, Saab would probably have been sold to one of the much stronger top-tier Chinese or Indian automakers with much deeper pockets instead of the uncertainty that is now a year later and partnering up with a tier-3 Chinese automaker. Don't get me wrong, I wish all the best for the partnership with Hawtai, but it is certainly not Geely or SAIC, or even BAIC.

Yes, many other countries subsidize their carmakers; that's one of the big reasons why their people's living standards are below ours (despite spending much less on defense like we do)

Same deal with banking. New banks would have emerged very quickly if and when the "TBTF" failed. In case it's not obvious, most of the biggest names in US banking date back to the late 19th century . . . it's not because the US did not have banking before then. They were simply the last crop of new growth that were able to emerge the last time older and more established banks were allowed fail.

What makes capitalistic free market work is the individual consumers' ability to tell the service providers to go away by taking business to more innovative companies that deliver better goods and services. The monopolistic "public utility" approach to life (whether called "socialist" or "fascist") really doesn't work.

posted by 76.118.39...
Posts in this Thread:
Members can receive an alert when someone posts in this thread.
Post a Followup

Name:
E-Mail: (Confidential & Secure - Not revealed to other users!)
Send me email when someone posts in this thread: (available to Members)

Subject:

Posting rules are simple - No for sale/wanted ads or live auctions may be here - use the classifieds.
You may not cross-post your message to multiple BBs.
Personal attacks, insults, or flaming are not allowed.
Posting any of this will result in an immediate loss of posting privileges on this site.
Site Members do not see any warning (red) text.

Message:

Optional Link URL: (e.g. http://www.saabnet.com/)
To promote your own Saab site here, you must have a link back to The Saab Network.
Link Title:
Optional Image URL: (e.g. http://www.saabnet.com/img.jpg)


The content on this site may not be republished without permission. Copyright © 1988-2012 - The Saab Network - saabnet.com.
This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no Spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Donations
Your address is: 72.44.48.122 - Using CCBot/2.0 - Logged.
Site Members do not see red text instructions, green links, and bottom of the page banners.
Click here to see all the Site Membership Benefits!