Easy-bake capitalism
Jul. 9th, 2009 02:09 pm- Ring up your favorite lobbying firm and kindly give them a ride to 1600 Pennsylvania Ave (Repeat after 08 Elections)
- Wine & dine select legislative VIPs (Repeat after 08 Elections)
- Stir in billions of dollars of gubment handouts.
Voila! Instant debt elimination & a fresh clean start for another global corporation!
GM's path to leave Chapter 11 apparently cleared, despite a last-minute appeal from plaintiffs in an Arizona product liability case against GM involving a Chevrolet Malibu. ...Once the world's largest and most powerful automaker, GM will become a leaner and greener company, cleansed of debts and burdensome contracts that nearly dragged it into liquidation.
Free market capitalism is a lie.