GM Gets its loan, then hires foreigners
January 14, 2009
General Motors begs for a loan to survive. They secure the money and promptly sign a contract with a South Korean company.
Selfish.
The banks are provided cheap money and they do not loan it to us on Main Street.
Selfish.
It is hard to argue in support of the capitalist system when our government allows selfish corporate leaders to continue behaving as they have for the past couple decades. Almost tempts me to want nationalization of these banks and manufacturers. Scary, scary thinking for a capitalist fundamentalist.
