"need for taxpayer support to keep the doors open at Holden's Elizabeth plant." Sound familiar?? The Aussies are being set up to bail them out.
"Governments have been handing out billions of dollars to foreign carmakers to make large cars that Australians aren't buying," he said yesterday."
Sound familiar? VOLT. Make em, try and coerce and persuade people they are selling great although they aren't. Propagate it hoping people will buy in to falsehoods. People refuse to buy yet they continued to flood the market with them. Now they're stuck with an inventory mostly no one wants.
"Government and industry need to look at ways to transition vulnerable workers to efficient industries."
Know what they call it when government and industry join forces and work together as a partnership? It starts with the letter "F"
Economically speaking: "an economy where the government exerts strong directive influence, and effectively controls production and allocation of resources. In general, apart from the nationalizations of some industries, f.....st economies were based on private property and private initiative, but these were contingent upon service to the state."
GM used strong influence in keeping Buick over Pontiac using the Chicons as reason. They suggested Pontiac be sacrificed. Jim Mathison of PHS gave a great seminar on this.
There is a difference between government aiding and providing industry the tools to succeed and partnering with them. When a joint partnership is forged between industry and government, who has more $$, power and influence? This is a very dangerous proposition.
Last edited by GTO JUDGE; 05-23-2013 at 10:26 AM.