YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: GM
  • Despite CEO’s Claim, GM Still Means ‘Government Motors’

    General Motors CEO Ed Whitacre is all over the airwaves with the company’s new ad touting the fact that it paid back all of its government loan early and with interest. One problem: The loan was only a small part of the total taxpayer money dumped into the struggling car company. PolitiFact details the problem with …

  • Fascism on the Rise

    Whatever remnants of free market economics are left in the modern United States are rapidly disappearing.  As Ron Paul points out in a recent Campaign for Liberty update, the government is now taking over the economy to the point of making tactical business decisions for “private” businesses.  Dr. Paul writes: …Comingling public control of private …

  • I Refuse to Buy GM if the Feds Own 72%

    Given the recent news that the US government may soon own up to 72% of General Motors, I am now making a pledge not to buy from GM until the government gets out of the car business. In a recent interview President Obama said the government had no choice but to take majority stake in …

  • Give me liberty or…

    Or, you know, stimulus spending or emergency loans.  It all works… …except, of course, when it doesn’t.  For example, GM is apparently continuing to lurch toward an early summer bankruptcy, despite its receipt of more than $13 billion government loans. The government seems intent on being closely involved in the potential bankruptcy process, which is …

  • White House Fires CEO of General Motors

    Yeah, you’ve read that title right. Give it another second to sink in…my mind did a double take when I read it, too. Looks like we’re sadly just another step closer to American Motors Incorporated. Rick Wagoner, CEO and Chairman of General Motors, has stepped down under the the Obama administration’s ‘suggestion’ that he resign as …