More bailouts, please...

#2
#2
auto industry success?

GM is still swimming in debt and producing crap like the Volt, Cruze and Sonic
 
#5
#5
Gramps said:
But But But ....he saved them poor union workers jobs.
Click to expand...

I can't believe that he might get away with pretending that this vote buy was somehow about addressing the auto industry. This was pure kowtowing to the unions and shoring up their retarded pension plans.

The true success story is the company that refused the money.
 
#7
#7
I love how he brought up wind turbines. How much more money does this fool want to waste on this crap?
 
#11
#11
I can't believe he's out there saying crap like this. It's like he's begging for a Tea Party resurrection.
 
#13
#13
BigPapaVol said:
You really can't? He said bottom up economics and won.
Click to expand...

True. Maybe it's electorate that is blowing my mind. How can you be halfway knowledgeable about how economics works and listen to comments like that in the middle of a recession and not say "wait a minute."?
 
#14
#14
GAVol said:
True. Maybe it's electorate that is blowing my mind. How can you be halfway knowledgeable about how economics works and listen to comments like that in the middle of a recession and not say "wait a minute."?
Click to expand...

Because 90% of American know jack squat about economics and believe whatever the man on the 6 o clock news tells them. It's really scary.
 
  • Like
Reactions: 1 person
#15
#15
Bezdomny may be on to something. Might explain where the solyndra money went, up their noses.
 
#16
#16
I'll consider backing another bailout when GM turns a profit on a government backed car.
 
#17
#17
Speaking of bailouts, GM and all that good stuff...Cronyism: In recent days, the scope of the Obama White House's cronyism has become shockingly apparent. A trove of emails shows it deprived thousands of workers of their pensions to benefit unions, then lied about it.

The news site The Daily Caller has obtained internal government emails that show the U.S. Treasury Department, led by Timothy Geithner, pushed in 2009 to end the pensions of 20,000 non-union employees of GM's Delphi auto parts unit as part of the auto bailout.

Emails Show White House Lied About Ending Nonunion Worker Pensions In GM Bailout - Investors.com

GM stock is down about 1/3 from the time of the bailout, GM profits down 41%, and GM has a tax waiver on any profits they do make. The GM bond holders were totally screwed out of their investments. Non-union workers lost 70% of their profits, nobody wants the Chevy Volt (small wonder), and this he holds up as an example of his success.
 
#19
#19
myrobbins7 said:
Speaking of bailouts, GM and all that good stuff...Cronyism: In recent days, the scope of the Obama White House's cronyism has become shockingly apparent. A trove of emails shows it deprived thousands of workers of their pensions to benefit unions, then lied about it.

The news site The Daily Caller has obtained internal government emails that show the U.S. Treasury Department, led by Timothy Geithner, pushed in 2009 to end the pensions of 20,000 non-union employees of GM's Delphi auto parts unit as part of the auto bailout.

Emails Show White House Lied About Ending Nonunion Worker Pensions In GM Bailout - Investors.com

GM stock is down about 1/3 from the time of the bailout, GM profits down 41%, and GM has a tax waiver on any profits they do make. The GM bond holders were totally screwed out of their investments. Non-union workers lost 70% of their profits, nobody wants the Chevy Volt (small wonder), and this he holds up as an example of his success.
Click to expand...

Maybe I'm missing something, but how is that not illegal?
 
#20
#20
Nerd-Vol said:
You driven a Cruze or Sonic?



Both are actually really good cars.
Click to expand...

the cruze is an Opel and would have been a Saturn had that company survived

the sonic is a Daewoo and is essentially the same car as the Aveo
 
#22
#22
myrobbins7 said:
Speaking of bailouts, GM and all that good stuff...Cronyism: In recent days, the scope of the Obama White House's cronyism has become shockingly apparent. A trove of emails shows it deprived thousands of workers of their pensions to benefit unions, then lied about it.

The news site The Daily Caller has obtained internal government emails that show the U.S. Treasury Department, led by Timothy Geithner, pushed in 2009 to end the pensions of 20,000 non-union employees of GM's Delphi auto parts unit as part of the auto bailout.

Emails Show White House Lied About Ending Nonunion Worker Pensions In GM Bailout - Investors.com

GM stock is down about 1/3 from the time of the bailout, GM profits down 41%, and GM has a tax waiver on any profits they do make. The GM bond holders were totally screwed out of their investments. Non-union workers lost 70% of their profits, nobody wants the Chevy Volt (small wonder), and this he holds up as an example of his success.
Click to expand...
Man nothing about this administration surprises me anymore. All to protect his union buddies that donated to his corrupt campaign. These people should be serving time. Hopefully after they're all evicted in November they will be.
 
#23
#23
GAVol said:
True. Maybe it's electorate that is blowing my mind. How can you be halfway knowledgeable about how economics works and listen to comments like that in the middle of a recession and not say "wait a minute."?
Click to expand...

The teacher unions and Dems have been dumbing down the electorate for over 40 years...
 
#24
#24
MG1968 said:
the cruze is an Opel and would have been a Saturn had that company survived

the sonic is a Daewoo and is essentially the same car as the Aveo
Click to expand...

Still didn't answer the question. Have you driven the cars, and compared them to their rivals?
 
#25
#25
Nerd-Vol said:
Still didn't answer the question. Have you driven the cars, and compared them to their rivals?
Click to expand...

no, I don't care for their looks and I don't care for how GM is doing business post-bailout.

Yes, that means I'm coming from a position of ignorance regarding the Cruze and Sonic in terms of ride/build quality. I will prefer to remain blissfully ignorant as well, since I prefer the new Focus, Dodge Dart, Golf, Jetta, and the offerings from Hyundai/Kia.
 
New posts
You must log in or register to reply here.

VN Store



Back
Top