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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218 votes
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30 votes
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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?
http://www.smartplanet.com/bl...
Are they doing as well now? NO, they're NOT!
Propping up a company (oh, like say Solyndra) with taxpayer funds KNOWING that they're failing, is illogical!
If GM doesn't alter its business model to what the American Public want, they WILL go bankrupt. And THAT is what's being reported by reputable news agencies.
The NTYs is no longer reputable!
I am on the side of the thousands of workers who would have lost their jobs as a result of GM failing. It would have been detrimental to the entire auto industry.
"There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue." - Alexander Hamilton, Federalist 35
ref: http://www.foundingfathers.in...
The Congress shall have power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States; but all duties, imposts and excises shall be uniform throughout the United States."
ref: http://www.law.cornell.edu/co...
http://chinaautoweb.com/2010/...
Then the part about China buying the plants in Michigan, it seems to be the truth. Again, this is a source that they list.
http://online.wsj.com/article...
In fact, look up the rest of the sources and you'll see quite the indictment of outsourcing of our jobs.
I found what the CEO said to be quite honest, of course he was speaking in China and I'm sure he wouldn't have admitted half of that in the US. We're giving R&D and outsourcing that to China. We might as well because they own most of our debt anyway.
What you're trying to say is that if you connect the dots and it draws a clear picture, maybe a dot or two aren't completely filled in? Such a hard thing to defend, video or not. That's just an overview of the complete truth.
http://media.gm.com/media/us/...
Its Saturday...go have a drink. Relax a little. Enjoy the day.
Now I want to dump it and get another car other than GM
Nothing more need be said.