Its time America woke up to the reality of its business sector. Its almost impossible to find a firm that isn't a total welfare case where what it tries to pass off as profit amounts to anything other than a welfare transfer payment the same as the cash aid or TANF given to the poor. This is nothing new, but America's so called private sector is welfare through and through. But some of these firms are ultra premium welfare recipients and GM is among that contingent.
As we know GM is part of the petrol retail sector. And we know the underlying fundamentals of petrol have been pure welfare from the start. So for instance petrol fuel energy has never been revenue positive let alone profitable which was evident as far back as the 50s but year after year claims its phony profits and its by extension phony dividends and despite being more than 100% subsidized still incurs massive economy destabilizing debt (due to corruption and ultra low physical-economic efficiency) such that its 1% of global product in revenues routinely destabilizes or crashes the rest of the global economy requiring camouflaged bailouts in the form of wars and austerity. You'd have to go to the defense dept to find bigger welfare cases.
So what has to be understood from this is these firms are so dependent on the government tit that they are essentially government run. Its the techno bureaucrats that run them by extension and implication. Behind the welfare state is a pile of government economists and academic type sociologists and psychologists. Above them in theory is a bunch of fly by night dis-empowered sponsored prostitutes we call politicians that are paid to do hand waiving but are essentially locked out from the technocratic culture that drives the welfare ship.
Take Walmart, gov subsidizes half of its labor costs with cash aid. And then more than half of its customers are cash aid recipients where the government uses them as a proxy to hand cash to Walmart. Literally half of full time working people in America receive cash aid to keep them over the poverty line which on a per person basis is based on the very low per capita global purchasing parity price. Its like we already have a GAI but its based on shaming and harassing people and making them feel inferior and creating stress induced illness.
Now take GM. Aside from its own direct sucking its a firm that sucks the tit of a industry that sucks the government tit, an industry that is subsidized to 150% of its revenues (oh yes its not the little 9 billion or other BS numbers they float around- its the ultimate loser industry.) And even then it regularly goes bankrupt (media doesn't call it this its phony stranded asset books don't honestly reflect this) and has to be bailed out by who else but its government master. But when a firm like GM does claim profit it will come from doing something stupid like stealing the pension funds from accounts the employees funded and then claiming that was a 'savings' to trigger bonuses (bribery) for its window dressing fair weather executives- with the excuse that the rich and gluttony could not afford these retirements- colluded with the useless fortune 500 or 1000 CEOs to do this. It has execs that say things like "building a car is an inefficient use of capital"- as opposed to what (?) an inefficient use of corporate cash aid. Or do something even more stupid like buy back its own shares to enrich its non contributing parasite investors. When it did go bankrupt it blamed its problems on paying it employees too much when the only people over paid were its executives. The profit it really gets, its only real contribution (its 'jobs' are just cash aid) comes from its role in tech suppression- tech suppression is a technology. It suppresses tech the way it builds cars to fail convincingly on schedule. It fails convincingly with actual better approaches to tech to keep its government based welfare toll road going. It does this especially with tech that would upset the toll road cutting cords.
You almost don't want these firms to be able to claim their phony profits made out of government cash aid. They almost never do truly productive things with such excesses, you'd only want them to have enough to cover capex and cost of living for employees etc. Its a horror when they pay dividends to useless rent seekers as that is a pure pass through transfer payment. They are welfare through and through.
Now when a truly constructive firm like Telsa comes by they claim bitterly that the firm isn't cash aid or welfare transfer payment oriented enough,, i.e., welfare for the rich Romney calling Tesla a loser. People just have to understand that its welfare through and through top, middle and bottom right, left and center. This has a long history going back to early Greek Democracy where it was found as they went less tribal they had to tax one brother and give it to the other and vice versa just to stir up enough discourse to hold Greek society together otherwise people would go off and dissociate- commerce was literally a matter of keeping people in touch with their neighbors enough to say they had a society.
continued in next post
As we know GM is part of the petrol retail sector. And we know the underlying fundamentals of petrol have been pure welfare from the start. So for instance petrol fuel energy has never been revenue positive let alone profitable which was evident as far back as the 50s but year after year claims its phony profits and its by extension phony dividends and despite being more than 100% subsidized still incurs massive economy destabilizing debt (due to corruption and ultra low physical-economic efficiency) such that its 1% of global product in revenues routinely destabilizes or crashes the rest of the global economy requiring camouflaged bailouts in the form of wars and austerity. You'd have to go to the defense dept to find bigger welfare cases.
So what has to be understood from this is these firms are so dependent on the government tit that they are essentially government run. Its the techno bureaucrats that run them by extension and implication. Behind the welfare state is a pile of government economists and academic type sociologists and psychologists. Above them in theory is a bunch of fly by night dis-empowered sponsored prostitutes we call politicians that are paid to do hand waiving but are essentially locked out from the technocratic culture that drives the welfare ship.
Take Walmart, gov subsidizes half of its labor costs with cash aid. And then more than half of its customers are cash aid recipients where the government uses them as a proxy to hand cash to Walmart. Literally half of full time working people in America receive cash aid to keep them over the poverty line which on a per person basis is based on the very low per capita global purchasing parity price. Its like we already have a GAI but its based on shaming and harassing people and making them feel inferior and creating stress induced illness.
Now take GM. Aside from its own direct sucking its a firm that sucks the tit of a industry that sucks the government tit, an industry that is subsidized to 150% of its revenues (oh yes its not the little 9 billion or other BS numbers they float around- its the ultimate loser industry.) And even then it regularly goes bankrupt (media doesn't call it this its phony stranded asset books don't honestly reflect this) and has to be bailed out by who else but its government master. But when a firm like GM does claim profit it will come from doing something stupid like stealing the pension funds from accounts the employees funded and then claiming that was a 'savings' to trigger bonuses (bribery) for its window dressing fair weather executives- with the excuse that the rich and gluttony could not afford these retirements- colluded with the useless fortune 500 or 1000 CEOs to do this. It has execs that say things like "building a car is an inefficient use of capital"- as opposed to what (?) an inefficient use of corporate cash aid. Or do something even more stupid like buy back its own shares to enrich its non contributing parasite investors. When it did go bankrupt it blamed its problems on paying it employees too much when the only people over paid were its executives. The profit it really gets, its only real contribution (its 'jobs' are just cash aid) comes from its role in tech suppression- tech suppression is a technology. It suppresses tech the way it builds cars to fail convincingly on schedule. It fails convincingly with actual better approaches to tech to keep its government based welfare toll road going. It does this especially with tech that would upset the toll road cutting cords.
You almost don't want these firms to be able to claim their phony profits made out of government cash aid. They almost never do truly productive things with such excesses, you'd only want them to have enough to cover capex and cost of living for employees etc. Its a horror when they pay dividends to useless rent seekers as that is a pure pass through transfer payment. They are welfare through and through.
Now when a truly constructive firm like Telsa comes by they claim bitterly that the firm isn't cash aid or welfare transfer payment oriented enough,, i.e., welfare for the rich Romney calling Tesla a loser. People just have to understand that its welfare through and through top, middle and bottom right, left and center. This has a long history going back to early Greek Democracy where it was found as they went less tribal they had to tax one brother and give it to the other and vice versa just to stir up enough discourse to hold Greek society together otherwise people would go off and dissociate- commerce was literally a matter of keeping people in touch with their neighbors enough to say they had a society.
continued in next post