Peter Schiff on CNN Auto Bailout Intense Debate! 12-4-08 part 2/2
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that women shoulda just shut up
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Peter owned
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comment me back
funny video lets chat bs
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Outside of america these cars are regarded as a joke! They need to get with program or at least they should have done years ago. It's too late now: they are finished.
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Why is Peter right? "They arent viable." Well that's basically correct but any company has 2 factors - a market for it's goods / services and timing. If a company loses it's market completely but has appropriate cash reserves it will take some time for that company to completely evaporate. Software companies, for example, usually have large cash reserves - they are viable companies. The opposite is true - if there is a short term decline and a company needs a bailout, they aren't viable.
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These people are the same type of person that would buy blood diamonds like in the true story movie,Blood diamonds. Next thing they will want to outsourse our military for cheaper soldiers. People like them are the ones against farm aid of the past. They must also love foreign oil because it's cheaper, plus thinks its better to have foreiners working our oil rigs.Dont believe in fair trade as long as she or he can save buck, sell outs. Race to the bottom fools. Dont trust them.
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It just goes to show that fools can be elected too.
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The People of Michigan need to vote that fool out of office. He is obviously being paid by the auto company to say this crap.
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That mayor has auto execs in his office and in his ear constantly...
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How did that ignorant, arrogant, obnoxious thug get to me a mayor?
motonegros 3 years ago 8
peter's awesome
stshell 3 years ago 7