Other countries’ encroaching socialism does not excuse doing it to ourselves.
It’s a BAILOUT structured as a loan. Just because they intend to pay it back doesn’t change the FACT that it’s unearned money doled out by the government AGAINST the people’s wishes. BAILOUT. Calling it anything else is a lie. NO BAILOUTS EVER!
Do you know which products GM makes the most of, spends the most advertising, and focused their business on? SUVs. They moved away from the car market, they focused both development and advertising on gas hogs. Then the price of gas went up their short sightedness bit them in the ass. Again. They made the exact same stupid move in the 70s, with the exact same results.
Yeah NOW they’re working on electrics and hybrids, where was that effort before? Remember GM once led that market (EV1) then FLED that market, and now they’re crawling back late to the game. GM was in trouble LONG before the economy tanked, blaming the economy is just as big a lie as not calling it a bailout.
GM messed up in the 70s, kept producing crap all the way through the 80s and through part of the 90s. It’s only been in the last 10 to 15 years they (and Ford and Chrysler) have been consistently making good cars. They let an entire generation grow up with their American cars being in the shop more often than on the road. They earned their reputation.
This BAILOUT ( STOP THE LIES, the “loan” is BAILOUT, a stupid waste of MY TAX MONEY) hasn’t saved anything yet. Last week GM was saying they need more money. Of course the week before that they said things were going well. Can’t believe a word they say.
The financial bailout was just as stupid and wrong. Once again your using other stupidity to excuse continued stupidity. ALL BAILOUT (even supposed “loans”) ARE WRONG. Period. Not negotiable. It’s the path to socialism. It’s evil. GM should have gone bankruptcy, 11 if possible, 7 if necessary. Instead all their woes continue, only now with my tax money in a BAILOUT.
We HAVE manufacturing in this country. 14.4% of the largest GDP on the planet. Again you spread LIES. STOP THE LIES.
Look, I was perhaps a bit impatient before...they didn’t start working on hybrids yesterday. It takes years to get a car to market...you can’t turn on a dime. The fact that the auto show is full of hybrids, electric cars etc clearly demonstrates they have been working on it for quite a while.