Quote:Well, they can't sell discount cars either. They would sell "green" cars at outrageously high prices (compared to the current price).I... don't know what to say here. I think I've made my point. If the government wants to establish an auto monopoly, that's within their power, and about as likely as the Washington Generals beating the Harlem Globetrotters in a best-of-three. But nothing short of an enforced monopoly could make GM competitive producing overcosted cars. There's no way to do it through the market.
Quote:Suddenly, that same faction now owns a controlling 60% share of one of the largest automobile companies in the world.What are they going to do? Try to compete by making cars nobody wants? (Oh, sorry, that's what the *old* GM was doing.)
Quote:I ask myself what might be their intentions? To promote capitalism? It's like Greenpeace, just bought up all of Japan's whaling fleet.If Greenpeace bought the Japanese whaling fleet, it would presumably be to scuttle it. (Also useless: giving whalers a sweet deal on their boats would just lead to them buying more and better boats.) Incidentally, this is exactly what I said your hypothetical green-conspiracy Al Gore-verment should do with GM.
-Jester