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View Diary: GM IPO Underscores Success of Dem Policy (58 comments)

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    From what little I've read, permitting GM to do the IPO now rather than later privatizes the company's success rather than permitting the government to enjoy some of the fruits of that success.  So the IPO now vs. later underscores both the success and the corporatist limitations of Democratic policies.

    The most impressive thing about man [...] is the fact that he has invented the concept of that which does not exist--Glenn Gould

    by Rich in PA on Mon Nov 15, 2010 at 04:00:28 PM PST

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