And BO’s IRS even forgave GM their 2010 taxes, to no avail. The UAW bonus winners probably aren’t paying any taxes either, because they are just so special.
If you missed the chance to short GM when it was private, it should be an even easier short now that the Gov’t owns it.
GM is also exempt from PAYING TAXES under their govt bailout plan.
And they still are doing poorly?
Looks like no one wants to buy a Government Motors Car.
I REFUSE to even look at one - even a USED one. I am now a Ford guy.
And the Nazi officers start looking sideways at each other.
Major boycott against gm and chrysler, what do yhey expect
Imagine that, considering every American taxpayer bought a new GM car last year, albeit that most of 'em didn't actually get the car DELIVERED to 'em, they sill bought it.
How could GM not make a whopping profit?
Volt is the new Vega.
Wait they can’t make money with NO OVERHEAD?? Insanity !
unexpected??????
Bonuses?
I think the biggest Christmas bonus any member of my family ever had was $100.
Another reason why unions are the new class warfare - the union and government haves (enforced by government) vs the have nots.
As far as the volt goes, my son the mechanic says he would never buy one. He just gets way too many complaints about them. For instance, to replace the batteries is quite expensive.
Let’s see, they’ve had the Corvair, the Chevelle, the Chevette, the Citation, the Cavalier, the Cobalt and now the Cruze. Why don’t they give up on the name changes and just announce the model will be the Chevy POS for 2012?
New economy - pay the owners last. Screw the creditors. Power to the workers.
This will turn out well.
“You don’t get me ‘cause I belong to the union! You don’t get me ‘cause I belong to the union! You don’t get me ‘cause I belong to the union! You don’t get me ‘cause I’m a u-nee-on man!” No...please...feel free to take as much money from me and my family as you like. Lord knows we don’t really need food or heat.