Obama Motors

[saden1]

Originally Posted by Slingin Sammy 33

WTF are you talking about? I think you misread something. If I'm a shareholder of Ford stock and the U.S. government is giving a tax break for consumers to buy GM products and not Ford products, that's a problem. Are you advocating that it's OK for the U.S. government to favor one company over another. This isn't Venezula....yet.

And I have no clue how my statement shows an impressive lack of understanding of basic investing.

I have misread something because I assumed you were merely referring to being upset if gov to told Ford how to run their business. Apologies. As for giving a tax-breaks to one company but not another in the same industry, well, that's unconstitutional and I would have a hard time envisioning anyone being that stupid.

p.s. The Obama administration has done a terrible job with the auto companies. I would have taken them over outright and resold them to the highest bidder after a few years. Shareholders should have been bought out and those who wanted to stick around would get first dib during the resale of the company.