Detroit versus Wall Street

April 1, 2009 — An alien Earthling

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Posted in Chrysler, Detroit, Ford, GM, General Motors, Michigan, New York, Rick Wagoner, USA, Wall Street, Wall Street bailout, Wall Street crooks, bailout, business, capitalism, cartoons, economics, economy, extractive capitalism, finance capitalism, financial crisis, humor, humour, industrial capitalism, politics, productive capitaism, random, thoughts, toons, world. Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . 13 Comments »

13 Responses to “Detroit versus Wall Street”

  2. Priya Joyce Says:
    April 1, 2009 at 9:11 am

    hahaha u r good at mockery :P

    nice post

    Reply
  4. sakhi Says:
    April 1, 2009 at 11:32 am

    *wistfully smiling* :)

    Reply
  5. leafless Says:
    April 2, 2009 at 11:27 pm

    I say let both the banks and the automakers fail. That is the true capitalistic way.

    Reply
  6. kanagu Says:
    April 3, 2009 at 12:21 am

    he he he.. lol :lol:

    Reply
  7. Eileen Says:
    April 3, 2009 at 6:23 pm

    Very clever!

    Eileen

    Reply
  8. WaliawizVib Says:
    April 4, 2009 at 7:52 pm

    Great site this analienearthling.wordpress.com and I am really pleased to see you have what I am actually looking for here and this this post is exactly what I am interested in. I shall be pleased to become a regular visitor :)

    Reply
  10. Aneesh Says:
    April 5, 2009 at 1:19 pm

    Nice… speaks the truth
    :)

    Reply
  11. An alien Earthling Says:
    April 11, 2009 at 9:09 pm

    Thanks, Priya! ;-)
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    Vishesh, :-P
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    Sakhi, :-D
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    Leafless,

    I’m not a fan of American auto-makers, since they mostly sell humungous, highly inefficient, fume-spewing and fuel-guzzling vehicles in North America and to a lesser extent, worldwide.

    But, at least they sell goods and services of value and employ tens of millions of people directly and indirectly. Contrast them with the Wall Street banksters, who employ a microscopic fraction of the numbers that the car makers employ and sell nothing of value, only worthless packaged debt. Yet, the banksters have got trillions of dollars of handout money, while the auto-makers are refused loans. A free market should force bankrupt companies to fail. Instead, the Wall Street banksters have been bailed out with taxpayer money and their top management is rewarded with bonuses for making the company bankrupt!

    Also, banks like Citi are known for their unethical, outrageously usurious practices, even in India, where Citibank is a highly hated bank. If I was forced to choose between a product of, say, Ford and Citi or GM and Citi, I’d go for Ford/GM with my eyes closed.
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    Kanagu, :-D
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    Thanks, Eileen! :-)
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    You’re welcome, WaliawizVib.
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    Thanks, Sahaja! :-)
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    Glad you like it, Aneesh ;-)

    Reply

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