Have Your Say with General Motors
Many of us in the US and Canada are upset over the General Motors (GM) bailout. Some wish it never happened and others are peaved by the way it was constructed. But the fact remains that the citizens in the US and Canada own 72 percent of the remaining company. While I am sure someone will be quick to point out that the terms of the deal make us majority stockholder but did not give us or our governments voting rights. To that I answer: Hogwash. We might not have shareholder rights per se but there are any number of pressure points readily available to us from exerting market pressures to making lifr uncomfortable for the elected officials who handed out our money and traded away our rights. For our part the Center for a New American Dream wants two things: we want GM to succeed and we want the company to change fundamentally. Our virtual stockholders resolution can be found on the web page below: http://www.newdream.org/action/gm_stockholders.php We think it is a pretty good set of suggests and we hope that the management of GM--not known for their listening skills--breaks from tradition and takes the recommendations to heart. These recommendations are good but not perfect so we have also created a virtual majority shareholders page on Facebook where you can easily critique or endorse what we are saying or submit your own set. The more the merrier. You are the real owners of GM and with that comes rights and responsibilities. Take the time to tell them what you want and how they should operate. We are frequently saying that social networks like Facebook and Twitter are bringing democracy to the world--perhaps through actions such as this we can re-inject democracy into our lives as well.
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Comments
How are General Motors’ car manufacturing operations in Communist China and South Korea exempt from their bankruptcy in the U.S?
Last year G.M had the greatest profit in their history in Communist China and Southeast Asia. Are the U.S and Canadian government’s now 70% owners and therefore partners with G.M and the Chinese Communist government in production of automobiles in China?
Up until June, G.M had plans to export electric cars from Communist China to the U.S in 2010. (W.S Journal)
The Chinese Communist government gave the automobile manufacturers one and a half billion dollars to develop the electric car in China. How much do you think G.M received?
I suppose after this American bankruptcy thing, G.M will get back on track to import cars to the U.S from Communist China and batteries from Korea.
Anybody who thinks that the Chinese Communist Party will allow outlandish profits make off of the Chinese people by multinational corporate capitalist for any extended length of time; really doesn’t know their history very well or choose to ignore it for short- term profit.
The American economy, workers, technology, education, immigration and our sovereignty as a nation has been thrown under the trilateral globalization bus.
The reason the modern American Green Energy Economy is not moving forward is because independent scientist and individual inventors are without funding. The reason there is no funding is because the economic powers that be, the status quo, has snuffed any State or Federal funding programs for independent green energy inventors.
Are you surprised there is no level ground? Do you know what scares the hell out of the multinational Big Oil and energy barons?
The answer is the advancement of science with new inventions that they can’t control (their economy) that would outmode the use of fossil fuels for energy (their product). That is the cause of man made Global Warming.
Logically, one would think that the first government action would be to utilize our national talent by holding a national green energy science contest thereby acting free from Big Oil. There would be thousands of qualified applicants with new concepts. The winner would receive a one million dollar reward to further develop the new green energy concept. Ten million a month could finance and develop ten new grass root industries employing thousands in green energy jobs.
Out with the old and in with the new, let the best win in science and the lesser fold or be outmoded by something even better. That is fair competition and free enterprise. A modern American Main Street Capitalism based on a green energy economy would grow from the bottom up and not be dominated and controlled by multinational corporations from the top down. Great inventors were individuals not controlled universities; they should be funded as well