Bay Views: Socialism Bound

Let’s look at the alternative. If GM had just gone bankrupt, new owners would have popped up, bought the business from the courts and started over. Maybe GM gobbled up two many smaller car companies and got too large. Don’t forget that names like: Chevrolet, Cadillac, Plymouth, Dodge, Buick, Oldsmobile, Chrysler,Willy’s, the maker of jeeps, were not just model names. These were separate car manufacturers that were gobbled up by what is now General Motors,and Chrysler, which will exist no more than one month from now. A new company will sprout from the old, run principally by the government, not stockholders. How many of you think that government can run a business better than private enterprise. In the coming years, look for the Supreme Court to be very, very busy/ Herb Huseland , Bay Views. More here .

Question: Do you agree with Bayview Herb’s contention that this country could be more socialist than Russia someday?