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1 posted on 05/07/2009 5:52:59 AM PDT by John W
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To: John W

How much are the “ taxpayers going to lose”?


2 posted on 05/07/2009 5:56:17 AM PDT by scooby321
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To: John W

Government Motors, with its new CEO, Barry Soetoro, will perform like any other government agency: _______________.

I started to put in the adverb, but you can supply your own.


3 posted on 05/07/2009 5:56:17 AM PDT by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: John W

Not sure the search function is working properly. Searched for the title, GM and General Motors and nothing came up which is impossible to believe. Searched again after posting-still nothing.


4 posted on 05/07/2009 5:56:54 AM PDT by John W
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To: John W
GM Posts Loss; Burns Through $10 Billion

Socialists and Unions are great at burning through other people's cash.

Let GM declare bankruptcy and restructure. The first order of business should be new contracts with the unions.

I, for one, am not interested in buying a Government Motors 0bama-mobile. Maybe ACORN will make some flett purchases (with OUR money!).

5 posted on 05/07/2009 5:59:04 AM PDT by The Sons of Liberty (Proud Veteran - Sworn to Defend The Constitution! - Caution: That makes me a Right-Wing Extremist.)
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To: John W
Chief Financial Officer Ray Young said there was evidence consumers were scared away from GM cars and trucks because of concern the automaker was headed for bankruptcy.

They were scared away by the prospect of Government and UAW ownership (rightful owners???).

7 posted on 05/07/2009 6:07:57 AM PDT by OrioleFan (Republicans believe every day is the 4th of July, democrats believe every day is April 15)
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To: John W
The DOW should be up 500 points on this bad news.

The Obama socialist economy: Bad economic news = Dow Up.

9 posted on 05/07/2009 6:09:02 AM PDT by jveritas (God Bless our brave troops)
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To: John W

GM:
fail.


13 posted on 05/07/2009 6:17:18 AM PDT by SoFloFreeper
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To: John W

When the UAW owns the company and it loses billions, will liens against the assets of the UAW to secure the incurred debts be appropriate? If so, they may need to declare themselves bakrupt to protect themselves from losing everything thanks to taking over worthless companies which are hemorrhaging money!


20 posted on 05/07/2009 6:28:33 AM PDT by pepsi_junkie (Who is John Galt?)
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To: John W
Well, as we individual tax payers decided not to purchase autos from "Government Motors", revenues could be expected to slip.

Of course, wait until next tax season when there is a box to check off for you to prove that you purchased at least one unit from "Government Motors". You will have to include the proof purchase. Those without the box checked off will automatically be placed in the "To Be Audited with Extreme Prejudice" inbox at the IRS.

21 posted on 05/07/2009 6:31:06 AM PDT by Redleg Duke ("Sarah Palin...Unleashing the Fury of the Castrated Left!")
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To: John W
Burned through, how many million went into numbered Swiss accounts!!!
24 posted on 05/07/2009 6:41:44 AM PDT by org.whodat (Auto unions bad: Machinists union good=Hypocrisy)
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To: John W
A $10 billion loss? It's a good thing we panicked and threw out all those billions to bail out the UAW, er, I mean, GM.

Hey, it's only tax money. It's not like it really belongs to anybody. Just print some more!

Besides, the UAW can always pick up the pieces and partner with Lada!

25 posted on 05/07/2009 6:46:40 AM PDT by Gritty (Liberals want the destruction of the USA. But they get to keep their houses in Amagansett-A Coulter)
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To: John W

EVERYONE is in the welfare line that you and I are financing, with debt being extended to our childrens grandchildren.

This crap will hit the oscillating device.


35 posted on 05/07/2009 1:14:14 PM PDT by gathersnomoss (General George Patton had it right.)
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