Bail out pay back from GM ?

gimmesometruth27

keeponrockin wrote:

^^The civil rights movement was debated, though now that's pretty much viewed (by 99% of the population) as a good thing.

same with medicare, social security, and unemployment benefits.

Jason P

Three thoughts on this . . .

1) Man, wouldn't the democrats and Obama love to build a time machine set to one month ago and announce this news!

2) GM quality was horrible in the 90's (former Jimmy owner); GM quality as of the last five years is outstanding (current Silverado owner)

3) GM does have government contracts

Godfather.

Jason P wrote:

Three thoughts on this . . .

1) Man, wouldn't the democrats and Obama love to build a time machine set to one month ago and announce this news!

2) GM quality was horrible in the 90's (former Jimmy owner); GM quality as of the last five years is outstanding (current Silverado owner)

3) GM does have government contracts

I just did the first tune-up on my silverado at 103,000 miles and still runs and drives great and the mechanic told me it's good for another 100,00 ez.

Godfather.

WaveCameCrashin

Well acording to Obama (im paraphrasing) " GM autos are high quality,fuel efficient and can go toe to toe with any other manufactures in the world"

It's funny How Obama loves to take credit for things when they work out,but he balmes Bush when they don't.
Any company can survive when it has an unlimited budget from the Gov or us as tax payers.
Instead of the tax payers getting screwed they should have just let bankrupcty taken it's course and they could have re structured everything. The only people that would have gotten screwed were ther creditors not us. Bush and Obama should have left it alone.

gimmesometruth27

prfctlefts wrote:

Well acording to Obama (im paraphrasing) " GM autos are high quality,fuel efficient and can go toe to toe with any other manufactures in the world"

It's funny How Obama loves to take credit for things when they work out,but he balmes Bush when they don't.
Any company can survive when it has an unlimited budget from the Gov or us as tax payers.
Instead of the tax payers getting screwed they should have just let bankrupcty taken it's course and they could have re structured everything. The only people that would have gotten screwed were ther creditors not us. Bush and Obama should have left it alone.

but gm cars' quality has improved exponentially in the last 10 years. have you seen the car and driver and motor train awards the last few years? gm trucks have always been solid. so he was right that the quality of gm and overall american cars has gotten better and is comparable to that of honda, nissan, and even in some cases bmw and mercedes benz.

cajunkiwi

unsung wrote:

It is all of the above.

Companies need to get away from pensions and move towards 401k's.

Chicago is in a huge pension crunch for the police, the administrators gambled with the money on risky stocks. Now the pensions are underfunded, but they are guaranteed. So the taxpayers are on the hook, again.

Another reason why Illinois sucks, Democrats have run this state into the ground.

You should try Louisiana sometime. It's the ultimate in bipartisanship down here - Democrats and Republicans united to run the state into the ground together lol

KDH12

Godfather. wrote:

KDH12 wrote:

Godfather. wrote:

this whole thiong is a eye opener for me.

Godfather.

watch out

next you are going to realize that health care reform is not the end of life as we know it

well everything I am hearing about obama-care ain't so good if it was we wouldn't be having debates over it
so is it a good thing or not ? let me know.

Godfather.

well I am not sure what you are hearing but it is hard to say bad things when 2/3 of it has not kicked in yet