Posted on 12/06/2012 3:13:02 PM PST by grundle
It would take a man of integrity to admit he screwed up, accused obama of hustling him and reverse his decision.
The GM bailout was so unspeakably corrupt that I am boycotting that company and its successors (whether named “New GM” or otherwise) forever. If they go back, do it honestly, and make the bondholders and others who were stiffed the first time around whole, I will reconsider. I doubt that those who were ripped off in violation of contract law, bankruptcy law, and common law are holding their breath in anticipation of justice, not with a corrupt communist in our White House.
Somebody representing the union administration will pay a visit to this judge in the middle of the night and convince him to rule in a way that won’t harm him and his family’s health.
No GM for me either. I won’t reconsider however. They won’t miss my business.
Exactly. A similar offer to the one John Roberts couldn’t refuse.
Please Judge Gerber, just do it! The whole GM “bankruptcy” was a sham. Screwed Republican-owned dealerships, hosed those who were shareholders and bond holders, Forced management to resign, and handed the company over to the UAW. Just hope that the judge is really pissed off about being lied to.
Al Quaeda is alive and GM is Dead!
Here is a better explanation of the deal they cut.
http://www.detroitnews.com/article/20120927/AUTO0103/209270473
So now it's considered a "windfall" when one makes a loan or investment, secured by a "NOTE."
Bernard Madoff swindled people out of billions of dollars. Sentenced to 150 years in prison.
Barack 0bama swindled America out of $6 trillion. Sentenced to 4 more years as Warden.
0bama: Fake black (Mulatto) man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0? “C0mmander Zer0.”
Next they will be saying just what a smart guy Johnny ("I simply do not know where the money is, or why the accounts have not been reconciled to date.") Corzine is.
John Corzine, a Democrat, and 1 year, and seven month's (or just 19 months), from March 2010, to October 2011, was CEO of MF Global Inc., The company filed for bankruptcy protection in October 2011. Certified Smart Guy.
Profitable because 'Rat-infested town govts, 'Rat-infested city govts, 'Rat-infested state govts, and 'Rat-infested national govt are typically buying cars from Government Motors.
[I call it the "national" govt because it likes to "nationalize" whole industries]
No GM or Chrysler...in my driveway.....
.... sure hope the fellows at Ford don’t do anything foolish....
bkmk
...see how long the Volt last, GM loses over $48,000 making Obama’s car. They should have called it the Dolt!
I have a 2K3 Silverado now that is 10 years old. I will never buy another GM product. They were pretty dishonest during the whole bailout process.
I have a 2K3 Silverado now that is 10 years old. I will never buy another GM product. They were pretty dishonest during the whole bailout process.
Probably will find a horse head in his bed one morning. Or he could end up like Hoffa if he makes the UAW mad.
Go the Zero Hedge the other day.
GM is "Stuffing the Pipe" Again...
http://www.zerohedge.com/news/2012-12-03/gm-channel-stuffing-wtf
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