Daily Archives: 2008/12/07

Nationalization of the USSA Auto Industry

Market Forces ought to determine the Fate of the US Auto IndustryNOT intervention from a government saddled with a record deficit. While White House and congressional negotiators seek an Emergency Rescue for the US Auto Industry here’s what Keith Olbermann & Michael Moore had to say:

It’s looking More & More like All Common Stock Shareholders of GM  & Ford are Going to Be Wiped Out – Zero – Zilch – Nada.  First a Socialist Banking System – Now a Socialist Auto Business.

A government “Car Czar” will oversee the bailout – new corporate leadership and  Concessions by the UAW United Auto Workers union.

Goodbye Free Market Economy Hello USSA : United Socialist States of America.

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