Punching Stupid and Evil in the Face Since 1986!

"We are on strike, we the men of the mind. We are on strike against self-immolation. We are on strike against the creed of unearned rewards and unrewarded duties."-John Galt

Monday, November 2, 2009

SURPRISE! You CAN make money as a private entity in this country. For now...

I'm sure in what is a grand surprise to the federal government, an auto-maker who did not accept being turned into a government run entity has made a profit. In an amazing turn of events, a private company was able to utilize cost cutting, smart planning and an aggressive debt reduction plan to make a $1BILLION profit in the third quarter.
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter and forecast a "solidly profitable" 2011.
What do you know-there are still ways to be a private company in this country and still make it......I'm sure Geithner and this Administration will take whatever steps are necessary to put a stop to that.