Tuesday, February 17, 2009



FEAR OF GM JOB CUTS IN EUROPE
German Government Considers Stake in Carmaker Opel
The German government is considering taking a stake in General Motors subsidiary Opel to prevent mass layoffs expected to be part of the American automobile giant's looming restructuring. Trade unions are calling for a spin-off, but the issue has sparked a political row.

... may be easier to nationalize all the shaky banks ...
... and make the banks buy opel ...
... the usual policy of socializing losses ...
... and privatize profits ...
... can not go forever ...
... the buck (or the buick ?) has to stop somewhere ...







<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]