.comment-link {margin-left:.6em;}

Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Tuesday, June 09, 2009

Huge profits coming your way at at General Motors.... as soon as they get AMTRAK straightened out.....

The idea that the Obamessiah and his bug eating Renfields can magically make GM profitable is as likely as the pipe dream of a profitable passenger AMTRAK railroad business that has been so fantastically run and managed over the 35 years under government tutelage....
It is reasonable to assume that GM will become profitable -- if you make unreasonable assumptions about annual vehicle sales and GM's share of the market. Besides, the government that runs Amtrak (which has lost $23 billion, in today's dollars, just since 1990) vows to make GM efficient.

But one reason Amtrak runs on red ink is that legislators treat it as their toy train set, preventing it from cutting egregiously unprofitable routes. Will Congress passively accept auto plant-closing decisions? Rattner says that Washington's demure vow is: "No plant decisions, no dealer decisions, no color-of-the-car decisions."

George Will. And after the wonderful efficiency created by AMTRAK and the miraculously raised from the dead Lazarus Motors (GM)the super egg head brilliant people in the government are going to make healthcare more efficient, effective and cheaper. I just cannot wait.


Post a Comment

Links to this post:

Create a Link

<< Home