Gm bankruptcy plan calls for quick sale to gov't

[cobra de capell]

Originally Posted by Wayne Maybury

Just thinking aloud here. If the gov't keeps pouring $$$$ into GM, from Ford's point of view, can the $$$$ not be considered subsidies which then constitute unfair competition? Maybe I'm way off base but it does not seem to be a level playing field for the competition, if the gov't pours money into one company to keep it afloat while not handing out a similar amout of money to the competitors.

Wayne

Ford will more than likely have a difficult time competing against a government-owned GM. With the government taking control, it is likely that it will do whatever to revive GM, no matter how much money it takes.The U.S. government has had no problem spending money now in hopes the market will recover eventually.

Competing directly against the government at the product level is unAmerican.