Trump invokes Defense Production Act to require GM to make ventilators

[jct74]

Trump invokes Defense Production Act to require GM to make ventilators

By Maegan Vazquez, Kaitlan Collins, Sara Sidner and Jason Hoffman, CNN
Fri March 27, 2020

President Donald Trump invoked the Defense Production Act on Friday to require General Motors to produce more ventilators to deal with increased hospitalizations due to the spread of the novel coronavirus in the United States.

But it's unclear what practical, immediate effect the order will have.

The White House said in a statement on Friday afternoon that the order was put in place in order to stop the auto giant from delaying negotiations any further.

"Our negotiations with GM regarding its ability to supply ventilators have been productive, but our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course," said a statement from the White House. "GM was wasting time. Today's action will help ensure the quick production of ventilators that will save American lives."

...

read more:
https://www.cnn.com/2020/03/27/politics/general-motors-ventilators-defense-production-act/index.html

 

[oyarde]

Can I trade some of my old worthless Government Motors stock for a vent ?

 

[Valli6]

"Defense Production Act"

Sounds like they are building a Medical Industrial Complex.
I predict that, amongst other crap, they will build 700 million over-priced ventilators that will never be used.

 

[unknown]

Handing out "free" money.

Seizing the means of production.

Trampling the Constitution and individual liberties in favor of the "greater good".

Can we do away with the election and appoint Bernie as Trump's VP?

Trump as Bernie's VP?

 

[AZJoe]

United Soviet America President Donald Josef Stalin Trump implements nationalization of industry by decree.

“By the authority vested in me as President … it is hereby ordered as follows: …

Sec. 2. Presidential Direction to the Secretary of Health and Human Services (Secretary). The Secretary shall use any and all authority available under the Act to require General Motors Company to accept, perform, and prioritize contracts or orders for the number of ventilators that the Secretary determines to be appropriate. …"

 

[RonZeplin]

Free stuff is the wave of the future & Trump's re-election strategy.

Manna from heaven

Manna from heaven is catching on, I tell ya

 

[AZJoe]