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> The fact that it was bailed out says something about its place in American society. Yes. It's extremely well connected to the levers of power. Other example
by ToucanLoucan 2y ago
> The fact that it was bailed out says something about its place in American society.
Yes. It's extremely well connected to the levers of power.
Other examples would include the protectionist legislation offered when they were getting their shit rocked by Asia the last time around, in the 70's, every time we've gone to war overseas for oil, and the CAFE standards which have generous exemptions for all the vehicles they actually make money on because no other manufacturers bother to make 3 ton trucks for suburbanites.