Posted on 03/29/2009 9:31:09 PM PDT by skinkinthegrass
WASHINGTON — The White House says neither GM nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit and putting in motion what could be the final two months of two American auto giants.
(Excerpt) Read more at chron.com ...
I am not suggesting that GM shouldn’t file for bankruptcy, but what do you think the chances are of a liberal activist judge deciding that GM has to honor the UAW contracts in bankruptcy anyway?
Yes file chapter 11 to reorganize.
I see you’re still shilling for Obama on FR,
Zils for everyone!
Exactly. Only this time it will be - any car you want so long as it doesn't have more than 4 cylinders and goes over 55 mph.
Mwuhahahaha!!!
Does bailing out a bunch of already-retired auto workers really increase Obama’s power? No. Does it help reduce the U.S. to “the former U.S.”? No. Does having any functioning factories in Detroit help in moving the U.S. to Third World status? No.
The answer was pre-ordained: Obama screws the already-retired auto workers.
I think you must have responded to the wrong person.
“The fund that will be set up will cover 125% of the expected cost of future warranty repairs to ensure enough money is available for all repair claims. GM and Chrysler will contribute 15% of the amount required in cash, with government loans providing the rest.”
Now the taxpayers are warrantying automobiles.
Oh, you’re the correct guy OK.
Clearly, you've been drinking. What exactly can you point to that leads your ill-functioning mind to believe I'm shilling for Obama?
Anyone who looks at the history of your posts in totality should logically conclude you intent is to mitigate, obfuscate, mislead, and act as a sophist for the Obama administration.
Read post below.
Again. What specifically are you referencing? Let me guess. Your mother's calling and now you have to go to bed.
You past posts are always the sameform.
No, but it could be your momma calling you to bed.
Not with the Union still intact they won’t.
Crack is whack. Get some help!
Crack is whack. Get some help!
No but you could be on crack.
Wow. You are just a spring well of witty repartee.
Wow, You like Obama.
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