They are losing market share, and building a crappier product, and in the case of the Volt it is way overpriced. In other words, nothing has changed at GM. They haven't lowered their labor cost, their materials cost. This company is going down. It's been said before, some companies have a marketing problem, some a product problem, some have a labor problem, and some have management problems. GM has all those problems. Here we have 0bama running around handing out our money to state, and local governments knowing he can't do it forever, because sooner or later GM is going to drive right into reality, and guess who will get hurt the most? The sucker taxpayer. The subject, not the citizen. Now you Libs out there still want to know how 0bama is taking away our rights? Yep we are forcefully invested in GM. See libs if I had rights in this country, I would invest in what I WANT to INVEST in. Not what 0bama wants me to invest in. Let 0bama invest his own money in GM. Just leave us the hell alone.
General Motors Is Headed For Bankruptcy -- Again... From Forbes.
http://www.forbes.com/sites/l...
Do you believe that the GM government bailout was a good thing?
Gracie - Proud Conservative
2012/08/18 19:28:53
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79 votes
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24% | ||
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218 votes
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67% | ||
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30 votes
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9% | ||
First, let's get up to speed...watch this video so you can see how the money was borrowed and how it is being paid back.
http://www.dailyfinance.com/2012/08/15/taxpayers-gm-investmen...
Now, watch this video and see if you're as proud of GM and saving it as you should be. If you don't watch it, don't comment.
So, why does there continue to be so much proof that it's Obama that is directly and fragrantly outsourcing our tax dollars, and you still don't believe it?
http://www.dailyfinance.com/2012/08/15/taxpayers-gm-investmen...
Now, watch this video and see if you're as proud of GM and saving it as you should be. If you don't watch it, don't comment.
So, why does there continue to be so much proof that it's Obama that is directly and fragrantly outsourcing our tax dollars, and you still don't believe it?
I'm not surprised because its the tic-for-tac nature of politics. I mean, of big banks hot bailouts, why not the auto unions? It doesn't make it right but that's the nature of the beast, and neither Democrats or Republicans want to admit that their political parties are as responsible for the mess as the other and hold them rightfully accountable. That, in addition to the wars, was the largest reason I abandoned the two-party system.
When you have too many factions, you make them impotent. Hitler was able to take over Germany because it was so divided that no one had any real power. That's the downside of being too divided. I'm not against a third party but you have to know when it's over. I voted for Perot twice and got Clinton, that was not my intent by that was certainly my outcome. I won't do it again.
You guys seem to think that if you did get a third party candidate in the White House you'd have some kind of control? Nothing could be further from the truth.
Even Ron Paul does things by playing the game, he is a Republican you know!
Another example of how far Liberals will go for votes.
A. Hardworking people pay for the failures of a failing business
or
B. Inflation (due to more money being printed)
Where is the outrage of taking our tax dollars and giving the jobs to foreigners? That's what everyone screams about in the private sector, but suddenly GM is doing it and it's not a problem? I don't have mine, my job could go away just as easily as GM's did. So don't make baseless accusations that you know nothing about.
So, your idea of Capitalism is the Ponchos Pilot plan. Let large businesses go bankrupt, screw the employees and wash your hands of the whole matter. How in the world would that have been better!!!!!!!!! No one has an answer for that and I am certain that you don't ether. When the world economy is crumbling around you, and a depression looms, you take extra ordinary risks. That is what happened, and that, in part, kept us out of depression. Again, if your idea is to let them go bankrupt, then you never studied economics.
By the way, if your job can go away so easily, wouldn't you want someone to help, if at all possible, or should we just wash our hands of your problem?
Obama didn't save any jobs, he lost jobs and all at our expense.
I'm not sure if I should be amused by or if I should pity your blind ignorance.
It's long past time for the people of this country to wake up to the fact that the Federal Government is not looking out for us, all they want is to maintain their power.
These are the people conservatives want to give more tax breaks to.
You know, the job creators.
It never has before and hasn't for the last 11 years.
It's OK if you're a bank or a contractor but not an auto company?. Why single out the auto industry?
Gee, atleast the "Government workers army" in Finland have snazzy uniforms.....
http://autoweek.com/storyimag...
GovMot "comrade workers" must not have gotten the memo......apparently China is not just making uniforms for the Olympics, so we "sold" by giving all of the technology to our enemies, Cadilac and Hummer (vehical of our miltary) to our biggest enemy, just like GE gave them the technology of Boeing building airplanes in China, not North Carolina.