Posted by Really?
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on 5/29/2009, 4:39 pm, in reply to "Re: W-P MILLS"
Really? Are you serious? I thought it was the REPUBLICAN party that was all about true free-market capitalism? If they really were they'd let GM die like it deserves because they make crappy products and can't keep up with the competition. To me, the Obama administration is being more Republican (in the true classical fiscal sense) by allowing that outcome.
--Previous Message--
: Well with Obamanomics forcing car
: companies to close plants and
: letting them close American plants
: instead of overseas plants in order
: to get help, the steel industry is
: doomed.
:
: --Previous Message--
: Thanks for the articles. If they
: were
: to scale back WP plants are in big
: trouble! WCI IS TOO.
:
: --Previous Message--
: I found these stories about
: Severstal.
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: http://www.russiatoday.com/Business/2009-05-06/Steelmakers_see_global_expansion_in_new_light_.html
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: http://www.russiatoday.com/Business/2009-05-08/Severstal_dims_U.S._production_while_Mechel_buys_Bluestone_coal.html
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: http://www.russiatoday.com/Business/2009-05-15/Severstal_posts_1Q_2009_Net_Loss_of__643.9_million.html
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