Jackie Mason '08 Vlog 59 Bailing Out General Motors
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Uploaded by TheUltimateJew on Nov 13, 2008
Remember Packard, LaSalle, and Studebaker? When these auto companies folded, the government didn't bail them out. That helped General Motors become an auto giant. Now that it has cash problems due to inferior and outdated products, they expect the taxpayers to give them money to continue to do the usual business that got them in this mess in the first place. I love the city of Detroit, and my heart goes out to the people in that area who are devastated by the decline in US auto sales. It's not their fault that the government and businesses didn't try to diversify their economy. GM has to sink or swim or the economy there will never recover. Competition is the heart of our economic system. It was what made GM and hopefully what will come to replace GM. I do wish the Feds had bailed out Packard though, they were beautiful cars.
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I fully agree that we should not bail out any company. But it is really overboard to claim that GM builds cars specifically to break down. My family has owned GM cars (other makes too), and always keeps them for a decade or more with only reasonable repair and maintenance. A car could be built to last 50 years, I’m sure, but nobody would want to pay what such durability and sturdiness would require.. Free enterprise, not screwing GM, is the message.
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@nzutubeuser would flying cars be made in China, ans would Mr. Fusion be maid in china?
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@57haight a volt is a plug in elecectric car with a 75 HP gasoline engine which also charge the batter if you plan to take it on a long trip, because there isn't a place to plug in your car so you use the gas engine to charge up your battery so you can travel far and also used when you run the air condition in the summer heat in Arizona so you don't sweat hot.
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@sideslide23 toyota is rusty recalled junk
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Effffffing Genius. I can"t see. I'm blind with tears. HELLO HIT THE BALL. AAAAHHHH,HA-HA-HA-HA. Iforgot how funny J.M. was. Jackie For Prez!
2 years ago 3
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Save Pontiac!
Bring Back Oldsmobile!!!
I hope Fritz Henderson and Susan Docherty leave GM and apply for a job At MICKEY D'S!!!!
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Watts is volts!
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mad max!
GTOs are cool; followed one on my Sabre today, and the sound is proper, mate...
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Common sense.
2 years ago 2
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...however in saying that the future of cars will be made by the chinese i reckon
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In 1924, Alfred P. Sloan, CEO of General Motors invented planned obsolescence for the sole reason of increasing stockholder profits. This meant that consumers bought cars, they broke down easily and were replaced when GM sold you another newer car with parts made specifically to break in your hands and make you think it was your fault.
That's planned obsolescence.
GM cares about putting their hands in your wallet as often as they can and now they want a bail out? Screw GM like they screwed US.
moefuzzz 2 years ago 5
Jackie is absolutely right. When one company goes under, there's always another to take its place with people that believe they can make a better product. The free enterprise system is the only way to go. Keep on speaking out Jackie!
floralparkkid 3 years ago 4