Dave Volek
Mar 25, 2022

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Thanks Jim. I was aware of the US and Canada government did take an equity stake in GM and Chrysler. I was not aware it was that large.

You might have more information of the financial companies who were also bailed out. My meagre memory of the 2008 recession was that a few of these companies folded, but most got bailed out with very little government equity.

Yes, every bailout requires its own solution. My article's intent to emphasize that government money should be not given freely. Equity stakes must be a big part of the solution.

I would include all agricultural companies who have corporate structures.

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Dave Volek
Dave Volek

Written by Dave Volek

Dave Volek is the inventor of “Tiered Democratic Governance”. Let’s get rid of all political parties! Visit http://www.tiereddemocraticgovernance.org/tdg.php

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