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Comment on Car safety experts at NHTSA, which regulates Tesla, axed by DOGE

It’s not like the US auto industry is a key sector of the economy or anything.

That’s why it was so silly that Obama bailed them out, right? They’re only like 5% of the GDP. 5% is a little baby number.

God this country is power sliding into an another Great Recession. What do these idiots think they’re gonna do when a good chunk of the population loses their homes and comfortable lives because of them? A population with nothing to lose, lots of guns floating around, and no prospects for improvement under the current administration should be a very scary future for any leader.

I’d ask if they remember the French Revolution, but these fuckers seem to want to go back to a time before that.

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sp3ctr4l@lemmy.dbzer0.com ⁨5⁩ ⁨days⁩ ago
My only quibble is: Great Depression 2.0, not Great Recession 2.0.

This will be much, much worse than 07 08 09.

Also IMO absolutely yes, Obama should have let the US auto industry collapse if they didn’t accept being completely nationalized.

Play stupid games, win stuoid prizes.

Thats how capitalism works, right, right?

Oh wait no, its actually uh, bribe politicians to subsidize your inefficient and mismanaged business, and then also fund a bunch of PR to convince people that… that isn’t happening, that isn’t your business model.

Instead we got basically this situation where US auto mfctrs are stupendously subsidized by the US gov… yet have no accountability to it in terms of high level, long term business strategy.

That lead to all of C Suite just chasing as much profit as possible by basically just saying… fuck making a reliable cheapish car, everything is now a luxury priced giganto sized pavement princess with horrendous maintenance problems.

If they’d accepted being nationalized, well then at least we would have kept actual ownership domestic, and the GAO could have just done audits on these entire companies and then everyone would know where all the mismanagement was going on. …

Same thing with Boeing. Boeing is massively subsidized, is a near text book perfect example of how to do regulatory capture, and wow what a surprise, it was run in a manner to maximize balance sheets at the loss of fundamental ability to actually deliver a reliable product.

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- conditional_soup@lemm.ee ⁨5⁩ ⁨days⁩ ago
  social losses, private profits
  
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Zwuzelmaus@feddit.org ⁨5⁩ ⁨days⁩ ago
What do these idiots think they’re gonna do when a good chunk of the population loses their homes and comfortable lives because of them?

They buy your houses from you and rent them right back to you. That’s what Nestle has done with the poor farmers and all their land in Romania.

The world is beyond capitalism. It is a new feudalism now. Yanis Varoufakis was right.

They employ even more police (and more guns for them), so that you don’t get no funny ideas.

But if you get funny ideas anyway, they have surveillance of all phones and internet.
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UncleGrandPa@lemmy.world ⁨5⁩ ⁨days⁩ ago
In consideration of the history of the French Revolution, They are using the history of WW2 to fix that little problem

Millions of unemployed dead people will not be a problem they will worry about

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