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Hit & Run: Reason Morning Links: Obama Donors Get Posts, Moderates' Public Option Looks Likely, Politicizing Business Decisions at GM
The Volokh Conspiracy: “When GM Took Federal Dollars, They Lost Some of Their Autonomy”
Outside The Beltway | OTB: Political Control of Government Motors
Reactions
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HealthLaw Politicians Butt In at Bailed-Out GM - WSJ.com: Shared by Paul "Rep. Rehberg called for a .. http://bit.ly/YTAqW 24 days ago |
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RT @MacGhil: There's a shocker. RT @jeffgentry Politicians butt in at bailed-out GM; http://bit.ly/2Ywy59 29 days ago |
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There's a shocker. RT @jeffgentry Politicians butt in at bailed-out GM; Atlas shrugs http://bit.ly/2Ywy59 #bailout #fascilism #aynrand 29 days ago |
Reason Morning Links: Obama Donors Get Posts, Moderates' Public Option Looks Likely, Politicizing Business Decisions at GM
Hit & Run —
... House health bill
to include a public option favored by conservative
Democrats.
Bailed-out GM being
micromanaged by politicians seeking favored treatment for
their constituents.
Swiss cracking down on "suicide tourism."
Brother of Afghan President Hamid Karzei
may have been on CIA payroll.
Forty percent of Obama's top-level donors given
high-profile posts in his administration. ...
“When GM Took Federal Dollars, They Lost Some of Their Autonomy”
The Volokh Conspiracy —
... Does government interference inevitably follow government ownership of private companies? It sure seems that way. As a WSJ article reports: “Companies in hock to Washington now have the equivalent of 535 new board members — 100 U.S. senators and 435 House members.” Specifically, the story reports on efforts by various lawmakers to inflence the business decisions at GM. The story begins: ...
Political Control of Government Motors
Outside The Beltway | OTB —
... Back when talks about bailing out General Motors started one potential issue was that GM would “encouraged” to make decisions based on political considerations vs. a sound business plan. Looks like there is evidence for such concerns with this story of how Montana’s Congressional Representative and two Senators are pushing to get a contract reinstated with a Montana palladium mine. ...
GM Update – It Really Is “Government Motors”
QandO —
... us of this bit of fantasy:
What we are not doing — what I have no interest in doing — is running GM. GM will be run by a private board of directors and management team with a track record in American manufacturing that reflects a commitment to innovation and quality. They — and not the government — will call the shots and make the decisions about how to turn this company around. – President Barack Obama
And this bit of reality:
Federal support for companies such as GM, ...
