And GTP's gonna subsidize our mortgages.
WHEEEEEEEEEEEEEEEEEEEE!!
[Drew's WHEEEEE™ Technology] Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
But Ford, I think, is asking $6 billion, far too much for the Swedish brand.
Saab and Opel are owned by GM and GM, being the idiot company that it is, isn't interested in selling even though SolarWorld has offered to buy Opel. Personally, I think the U.S. Congress should stipulate GM sells to SolarWorld before any bailout loans are granted.
I suspect Tata Motors of India, if they still have money, or a Chinese automaker is most likely to buy Volvo. The same goes for Saab. Saab's CEO thinks Tata or BMW is a likely buyer, but I doubt BMW would want Saab.
I doubt Sweden would be able to step-in and help Volvo or Saab out. Personally, I think the best plan would be for Saab AB to buy back Saab automotive and Volvo, somehow, come back to Sweden through some EU arrangement. Maybe to make safe, fuel-efficient hybrids.
http://www.michaelmoore.com/words/message/index.php?id=242
My modest proposal: Nationalize GM. To be clear, I mean that the federal government should buy GM; forget rathole loans or nonvoting equity shares. The company's stockholder value has been essentially wiped out. The company's enterprise value -- the lock, stock and forklift price -- is about $32 billion; its total debt is $45 billion. Let's make GM an offer.
To be clear, I mean that the federal government should buy GM; forget rathole loans or nonvoting equity shares. The company's stockholder value has been essentially wiped out. The company's enterprise value -- the lock, stock and forklift price -- is about $32 billion; its total debt is $45 billion. Let's make GM an offer.
