You can call me Bobby, I run a little site called Thinksquad. I have an associates degree in industrial design from the Art Institute of Seattle. A bachelors of arts from the University of Washington, and graduated with a double major in philosophy and political science from Rutgers University. I also spent 10 years in the Air Force from 1994-2004, having spent five tours in Iraq and two tours in Afghanistan. I am now a strong advocate of the non-aggression principles, voluntaryism and peaceful parenting.
I believe in anarchism without adjectives, because no one really knows what will work best until we have the chance to try. Local communities should be free to try any non-coercive system, and residents should be able to move somewhere else if they don’t like the way things are going. Through solidarity, competition, and sharing of information eventually a system of social organization would evolve that will be superior to anything that we could imagine today. And even if we were right, we’d only be guessing without going through that process.
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The U.S. Treasury Department has invested $50 billion in the General Motors bailout and now owns 26.5 percent of GM stock, about 200 million shares and more than one-fourth of the company.
The Feds say selling the GM shares would mean “huge investment losses,” according to one report. At current share price of about $24.14, the feds would lose about $15 billion. To break even on the bailout GM stock would need to more than double to $53 a share. GM sales are up only 11 percent over last year, according to the company, so such a jump is unlikely.
