Written by 
If I am elected President….
I would allow companies that are completely incompetent and run by horrible businessmen that can’t compete with all the other companies to fail. That is the American way. Case in point – General Motors. Or Government Motors because the government using your hard earned tax dollars bailed the company out and and is now the largest shareholder.
The initial offering price of $33 per share is now long gone after less than a year. It went public on November 19th, 2011 and now sits at $23.40. That means we have lost almost 30% on the investment in less than 10 months. Awesome!!
And that price is based on fictional sales. That is because they count a car sold when it is delivered to the dealers not when it is actually sold to someone. And the numbers of cars sitting on dealer lots continues to grow every month. It is called channel stuffing and it will soon blow up and take the company and the dealers down.
This is something that will not happen when I am President. The company will be allowed to fail, dismantled and assets sold off. Sorry but that is how the country was built and that is how it should continue.
