I think that GM has been a great company and I would love for it to do well. It is a major benefit to the U.S. ,GM employees, suppliers, and also to those who have purchased vehicles. The bailout is not government ownership but a government purchase of non-voting stock. The bailout was initiated by GM to help GM survive, It was not initiated by Obama so that he could control it. GM had to agree to the set terms prior to getting the money, the same as you would before you could get loan money except that some of the terms are non-binding and can be renegotiated. They did not have to agree, but they did because they wanted the loan. If the bailout does not succeed, Gm will most likely file for bankruptcy. You can't believe any of the political conspiracy drummed up daily on Fox BS channels and mindlessly repeated here.
Oh this is great accusations of FOX News BS and vast right wing conspiracy from RUSH LIMBAUGH's neck of the woods.
If your bank told you as a condition of your loan you could not paint your toilet room titty pink and cook wennies on the patio grill would you be happy?
Oh this is great accusations of FOX News BS and vast right wing conspiracy from RUSH LIMBAUGH's neck of the woods.
If your bank told you as a condition of your loan you could not paint your toilet room titty pink and cook wennies on the patio grill would you be happy?
I'm not into considering where conspiracy theories think my money shouldn't go. I'll buy the cars I want. And I'll keep in mind who it supports. GM will probably continue to build the cars I want. And if so then they remain high on my list. If not, then my $$ will go where I want it to. To prejudge where my money will go is nothing more than conspiracy hoo hah.
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Oh this is great accusations of FOX News BS and vast right wing conspiracy from RUSH LIMBAUGH's neck of the woods.
If your bank told you as a condition of your loan you could not paint your toilet room titty pink and cook wennies on the patio grill would you be happy?
I wouldn't be happy, but that sort of thing happens all of the time. For instance, if you purchase a residence in certain communities, you may be restrained to the type of vehicle you can park in the driveway, the drapes that must appear in the front windows, the age requirements of the occupants or how often you need to mow the lawn.
The bailout was negotiated while Bush was still president.
GM's Chief Executive Officer replaced by GM's Chief Operating Officer.
"Having worked closely with Fritz for many years, I know that he is the ideal person to lead the company through the completion of our restructuring efforts. His knowledge of the global industry and the company are exceptional, and he has the intellect, energy, and support among GM'ers worldwide to succeed," Wagoner said.
So you are saying that the guy who worked alongside the CEO for many years was an Obama government lackey? If that is the case then I have to give tremendous credit to Obama for long term foresight.
I wouldn't be happy, but that sort of thing happens all of the time. For instance, if you purchase a residence in certain communities, you may be restrained to the type of vehicle you can park in the driveway, the drapes that must appear in the front windows, the age requirements of the occupants or how often you need to mow the lawn.
The bailout was negotiated while Bush was still president.
It is called CHOICE my friends and in this hood my neighbors decided during hurricane Dennis II, to have the tow truck tow wifes 98Jeep instead, thank God, of my Bi-Centenial FORD 4X while we were on our way back from a football game in Charlotte in a 95 Chevy Burb.
I have always been GM but have owned Chrysler, Datsun, Sunbeam...the list goes on.
In dis hood, If we want to fill a junk washing machine(GM made some), dryer(GM made some) or refrigerator(GM made some) full of bullet holes the whole neighborhood turns out with beer and guns
then we load the junk up when done and haul it off if anybody is left sober enough to drive
We don't care what you drive but we do care what you tell us to drive or judge us for what we drive or refuse to drive.
Nothing makes people madder around here than to have income taxed then have taxes squandered so they can work harder to pay more taxes.
GM's Chief Executive Officer replaced by GM's Chief Operating Officer.
"Having worked closely with Fritz for many years, I know that he is the ideal person to lead the company through the completion of our restructuring efforts. His knowledge of the global industry and the company are exceptional, and he has the intellect, energy, and support among GM'ers worldwide to succeed," Wagoner said.
So you are saying that the guy who worked alongside the CEO for many years was an Obama government lackey? If that is the case then I have to give tremendous credit to Obama for long term foresight.
Come on, did you really think Wagoner would say something negative? He has a parachute to catch.
Hummm, Foresight? President Obama is going to be recognized as a great President or a complete failure. There will be no middle ground here. I don't believe the government can effectively and efficiently run the government, and therefore I have not hope it can run health care, social security, the Banking or Auto Industries. Not sure about foresight, But ya gotta admit, he sure can read a teleprompter.
Obama oozes the charm and poise of a Cary Grant...James Bond....JFK. The non wavering confidence of "Yes We Can". Always enough self assurance to even now obscure any concern,by many,of far left principles and policies rushing to fruition. "Yes We Can"...but yes we can...WHAT? Didn't matter! What has always mattered most,for most,was the hero...the rockstar...the "change"...even if promises now change. They only really heard a few of them anyhow. The Obama enchanted still dismiss caution or warnings and many critical observations,even now,as they become more obvious. No matter what legislation...Pelosi...Reid...or Shumer and the party majority hope to hurry through congress..most Obamanites must feel that the hero can handle them...when it just might be the other way around...or mutual accomplishments.
If they want to invest in auto companies to get their Green plug-in agenda rolling quicker to become publically...totally accepted as complete change over...they better hope like hell they "sell" to the masses. I assume they will give plenty of monitary incentive. They can't make us buy them can they? Maybe if they don't make gas driven cars anymore...or if the gas stations dry up. Then...looks like we'd have no choice.
Obama oozes the charm and poise of a Cary Grant...James Bond....JFK. The non wavering confidence of "Yes We Can". Always enough self assurance to even now obscure any concern,by many,of far left principles and policies rushing to fruition. "Yes We Can"...but yes we can...WHAT? Didn't matter! What has always mattered most,for most,was the hero...the rockstar...the "change"...even if promises now change. They only really heard a few of them anyhow. The Obama enchanted still dismiss caution or warnings and many critical observations,even now,as they become more obvious. No matter what legislation...Pelosi...Reid...or Shumer and the party majority hope to hurry through congress..most Obamanites must feel that the hero can handle them...when it just might be the other way around...or mutual accomplishments.
If they want to invest in auto companies to get their Green plug-in agenda rolling quicker to become publically...totally accepted as complete change over...they better hope like hell they "sell" to the masses. I assume they will give plenty of monitary incentive. They can't make us buy them can they? Maybe if they don't make gas driven cars anymore...or if the gas stations dry up. Then...looks like we'd have no choice.
The Idea to reduce fuel consumption is not a left wing or right wing agenda. It is a plan to reduce foreign oil consumption so that our sons and daughters don't have to fight and die in an oil war. It is not left or right to want to make our air cleaner to breathe. It will benefit the remaining heavy gas users by lowering the demand and the cost when the fuel consumption is reduced by the green tech users.
The Pontiac/Saturn LNF 2.0T is a prime example of what can be accomplished to reduce foreign oil consumption. It has the power of a V8 while having the economy of an efficient 4 cylinder.
Have you actually looked into the research that is happening now or did you accept the lying BS without finding out the truth for yourself?
The Idea to reduce fuel consumption is not a left wing or right wing agenda. It is a plan to reduce foreign oil consumption so that our sons and daughters don't have to fight and die in an oil war.
import cars have kept fuel consumption in check for decades. Probably too late for gm as buyers have left the building.
<---- obama mercifully putting gm out of OUR misery.
IMO the conspiracy theorists are out in full force. It is sad to see americans eat their young. As a canuck it seems I have the ability of oversight, but it doesn't really matter. I find it sad to see so many people against GM just because govt tried to minimize the hurt to their economy.
Why don't people wait to see where the chips fall. GM won't survive anyway if they don't build cars that people want. To pre judge them is nothing more than ideological hatred, which our world doesn't need any more of.
No, it's not that simple...
You're from Canada, so there's probably a pretty good chance you believe and support in the government subsidizing a good portion of your commerce, social programs, etc.
I, as an American, do NOT support government subsidy. I support a few things when it comes to social programs, and I limit that to people who are unable to take care of themselves (shelter, health care) for children, the elderly and public education. Everything else, you're on your own.
Obviously, with your mindset, you clearly do NOT see a problem with the US government owning 50% of a massive corporation.
Clearly, I do... it goes against my fundemental ideals of what it means to be a capitalist, and our city-state Republic that makes up the United States.
If you call that conspiracy theory... then you must not really understand exactly what a conspiracy theory is. We're not talking about aliens, or a covert plan by the CIA. We're talking about government intrusion on the private sector.
I don't call it eating my young, I call it protesting and banning socialism. You obviously appreciate socialism as Canada is sort of the step inbetween from the US and Europe when it comes to social ideals.
So, those are our differences. I think it's important though for you to realize what is conspiracy theory, and a difference of opinion. I guess you don't have the view of oversight if your own beliefs are impeeding it...
EDIT: Just to add to what I said, with respect to "letting the chips fall". If by allowing the chips to fall means to do nothing... then that's not what I'm about. I've never been a person to sit idle while something happens. My response is absolute refusal to buy a car from GM or Chrysler... for what it's worth, I came REALLY, REALLY close to buying a Jeep Liberty a couple of weeks ago.... REALLY close. If I do nothing then GM really will fail. If I encourage people NOT to buy their product because it's laced with socialism, then maybe they'll change? Maybe they'll decide to convert their shares BACK to debt... ever thought of that? When they do that, then I'll buy one of their vehicles. Right now, they've been receiving quite a back-lash on this government ownership deal. Really, their biggest supporters in America ARE actually conservatives... so this was a REALLY bad decision... obviously one that GM didn't really support since Wagoner was FORCED to quit by our president (an idea that is absolutely disgusting to me).
__________________
Todd,
People for the Ethical Treatment of Automobiles
@ http://www.PETACar.ORG
------------------------------------------- 2006 Pontiac Solstice (#1267)
- GM Cold Air Intake
- Clear Image Hi-Flow Cat
- Clear Image Shorty Header
I think that GM has been a great company and I would love for it to do well. It is a major benefit to the U.S. ,GM employees, suppliers, and also to those who have purchased vehicles. The bailout is not government ownership but a government purchase of non-voting stock. The bailout was initiated by GM to help GM survive, It was not initiated by Obama so that he could control it. GM had to agree to the set terms prior to getting the money, the same as you would before you could get loan money except that some of the terms are non-binding and can be renegotiated. They did not have to agree, but they did because they wanted the loan. If the bailout does not succeed, Gm will most likely file for bankruptcy. You can't believe any of the political conspiracy drummed up daily on Fox BS channels and mindlessly repeated here.
See, that's where you're wrong. There was NO reason necessary to convert the debt to shares. And, just so you know... those ARE voting shares. GM will appoint members on the board during the next corporate shareholder election, and the US Government has 50% of the vote.
You are just as blind as the people you say who watch Fox News.
This Chrysler bankruptcy, did you not see the rhetoric? He spent 10 minutes telling us how wonderful everything was... saying how he was pleased to announce that Chrysler made all the necessary steps, blah blah... and then casually slipped in the word bankruptcy. I was completely confused by his entire speech.
So basically, they ended up doing exactly what they should have been doing, but because of government intervention, we've lost billions of dollars in taxpayer subsidy? Explain that to me... seriously... I'd like to see you use your LOGIC in explaining that one.
__________________
Todd,
People for the Ethical Treatment of Automobiles
@ http://www.PETACar.ORG
------------------------------------------- 2006 Pontiac Solstice (#1267)
- GM Cold Air Intake
- Clear Image Hi-Flow Cat
- Clear Image Shorty Header
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<---- obama mercifully putting gm out of OUR misery.
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