Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

GM Goes From Bad to Worse Despite Obama Bailout
Townhall.com ^ | August 23, 2012 | Michael Barone

Posted on 08/23/2012 5:23:17 AM PDT by Kaslin

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-66 next last

1 posted on 08/23/2012 5:23:21 AM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: Kaslin

I just heard Biden today. He said something like “I have a bumper sticker for you: Osama is dead and GM is alive.”

They may want to stop the presses on that one for a while. ;-)


2 posted on 08/23/2012 5:28:25 AM PDT by cuban leaf (Were doomed! Details at eleven.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

“Supporting Investment” is Orwellian double-speak for “Government Takeover” of more private industry


3 posted on 08/23/2012 5:32:31 AM PDT by Mr. K ("The spread of evil is the symptom of a vacuum [of good]")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
"Is this really what Obama wants to do for all manufacturing across America? Let's hope not."

Yes, Obama wants to bring his world view of justice to America. America must be brought down and the third world, particularly the Muslim world, must be raised on the bones of the West. Obama constantly lies and deceives, but he despises America and is trying to end it.

4 posted on 08/23/2012 5:33:55 AM PDT by Truth29
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

GM pissed me off when they discontinued the 8.1 Vortec engine under pressure from certain groups that it was too much engine for the peasants. I have a 2002 Silverado dually with it, an amazingly powerful reliable engine, originally designed as a marine engine. And yes its s fuel drunkard.

Because of Gm’s financial problems they won’t be coming out with any new aids or tech on their vehicle lineup, same old stuff as before.


5 posted on 08/23/2012 5:38:25 AM PDT by Eye of Unk (OPSEC)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

I want my money back..GM is a UNION slush fund.


6 posted on 08/23/2012 5:39:58 AM PDT by dalebert
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

GM is failing because they should have aggressively reduced themselves to Cadillac, Chevrolet, GMC Trucks and Opel/Vauxhall and unified their product line just like what Ford—and GM should have implemented this plan back in 2009.


7 posted on 08/23/2012 5:40:15 AM PDT by RayChuang88 (FairTax: America's economic cure)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin; mickie
"....including $559 million to put the Chevy logo on Manchester United soccer team uniforms."

Can someone explain THAT one to me ???

Leni

8 posted on 08/23/2012 5:40:28 AM PDT by MinuteGal
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
It's hard to avoid the conclusion that GM is bleeding money because of decisions made by a management eager to please its political masters -- and by the terms of the bankruptcy arranged by Obama car czars Ron Bloom and Steven Rattner.

Subsidizing failure and sloth is never a good idea.

The Law of Nature strikes again.

9 posted on 08/23/2012 5:40:36 AM PDT by MamaTexan (I am a Person as Created by the Laws of Nature, not a person as created by the laws of Man)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
The GM bailout did not fix the structural problems that lead to the bankruptcy in the first place. They just put in a couple liters of blood, without stopping the bleeding.

If Romney wins, he should just pull the plug. Let the unions die.

10 posted on 08/23/2012 5:41:03 AM PDT by PapaBear3625 (A deep-fried storm is coming, Mr Obama.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

GM, like all American branded automakers, never sold that many cars to Democrats. Now they’re not selling cars to any self-respecting Republicans, either. Double whammy.


11 posted on 08/23/2012 5:44:17 AM PDT by BillyBonebrake
[ Post Reply | Private Reply | To 1 | View Replies]

To: cuban leaf
Some people will not buy a GM product just because of the bailout. Others won't because they are not good investments, The Malibu is low quality compared to equivalent models from VW, Ford, Honda, Toyota.
The tax payer is going to be stuck with millions of worthless shares of the stock as well. The democrat answer to that is raise more taxes to continue the bailout.
12 posted on 08/23/2012 5:45:15 AM PDT by reefdiver (Shoeless John Roberts, American Backstabber)
[ Post Reply | Private Reply | To 2 | View Replies]

To: cuban leaf
"Osama is dead and GM is alive"

I think that is their new slogan to try and convince Americans why we should vote for them again. Gov. Quinn from IL botched it the othe day during a speech and said "Obama is dead, and GM is alive".
13 posted on 08/23/2012 5:45:43 AM PDT by jaydubya2
[ Post Reply | Private Reply | To 2 | View Replies]

To: Kaslin

I have to call BS on this...

I work for an automotive equipment supplier..

I have not been this busy in my whole time in this industry..

and gm is leading the way, they are upgrading every single plant..

I think part of this was during the bankruptcy they went “garbage picking” in the old plants and took equipment to the plants that remained open...

all of that equipment was old to start with, and now it is worn out...

I have walked into plants and seen equipment roped off and shut down to pedestrian and vehicle traffic because it is so old and worn out it is now hazardous..

they have no choice but to spend money now, so they must have it if they are spending it...


14 posted on 08/23/2012 5:45:59 AM PDT by joe fonebone (I am the 15%)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

BUT! CNN Says this is a good thing:

http://money.cnn.com/2011/07/21/autos/chrysler_bailout_costs_gains/index.htm

:/


15 posted on 08/23/2012 5:46:20 AM PDT by snarkytart (http://www.freerepubli224%2C1)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

You’d think GM, supposedly a company conceived in the crucible of capitalism, would have realized the FAIL in going socialist.


16 posted on 08/23/2012 5:47:52 AM PDT by Lazamataz (I love the Universe, and it loves me.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin

Is anyone really surprised at his?


17 posted on 08/23/2012 5:48:55 AM PDT by SumProVita
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinuteGal
"....including $559 million to put the Chevy logo on Manchester United soccer team uniforms." Can someone explain THAT one to me ??? Leni

My guess? Eventually rebadge Opel's to Euro_Chevy's and hope to get soccer fans to but them across the pond.

Knowing what I know about auto design cycles and their cost, that is a hellofa lotta money for a major new design or refreshes on "x" number of others. Not money well spent IMHO....

18 posted on 08/23/2012 5:49:31 AM PDT by taildragger (( Palin / Mulally 2012 ))
[ Post Reply | Private Reply | To 8 | View Replies]

To: Kaslin
My post last night on GM...

http://www.freerepublic.com/focus/news/2921737/posts?page=32#32

19 posted on 08/23/2012 5:51:46 AM PDT by taildragger (( Palin / Mulally 2012 ))
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinuteGal
"Manchester United soccer team"

Because that's George Soros's team!

http://nbcsports.msnbc.com/id/48735599/ns/sports/
20 posted on 08/23/2012 5:52:22 AM PDT by jaydubya2
[ Post Reply | Private Reply | To 8 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-66 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson