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Old 07-03-2009, 04:31 PM   #13 (permalink)
Rocket 88
5.3 Liter Vortec V8
 
Join Date: Sep 2007
Drives: '06 Saturn Vue '89 Olds Cutlass Ciera
Posts: 1,314
Re: Bondholders Argue Over GM Assest Sale

Quote:
Originally Posted by Drive_Fast View Post
free market system is were its at.... if all other nations used a true free market economy all would be fine... why should gm have to worry about cafe standards, safety standards, and all the market should push that not the government....
Because the free market economy theory is crap. The US government can barely get GM to care about fuel economy, safety or environmental responsible manufacturing. You think a bunch of consumer will? These are the same consumer who purchase crapwagons from Korea in the 1980's because they were cheap. You really believe people trying to finanically survive (and regardless of your perception most of the country is poor) are going to use thier buying power to push the auto industry?

If you left the industry to their own devices we'd still be using leaded gas and have major environmental disasters on our hand. Not to mention probably no seatbelts or turn signals.

You might as well still believe in Laissez Faire and the tooth fairy.
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