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GM BANKRUPTCY PLAN CALLS FOR QUICK SALE TO GOV'T
Reuters Via Drudge Report ^
| 05/19/2009
| Chelsea Emery and Tom Hals
Posted on 05/19/2009 12:29:20 PM PDT by autumnraine
Edited on 05/19/2009 2:07:32 PM PDT by Admin Moderator.
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To: HKMk23
... and take back Congress in 2010 to politically neuter him, if enough voters wake up by then.
261
posted on
05/20/2009 4:40:15 AM PDT
by
RightField
(A fine is a tax for doing wrong. A tax is a fine for doing well.)
To: SumProVita
For GM...
It is not yet time. The current deadline is June 1. Something must happen by then unless that date is pushed out.
Bondholders must accept the deal by May 26. If the reject in sufficient numbers then there must be bankruptcy unless the government back off and they renegotiate.
262
posted on
05/20/2009 4:43:50 AM PDT
by
bert
(K.E. N.P. +12 . Crucify ! Crucify ! Crucify him!!)
To: AIM-54
Remember, they now operate in foreign countries and have factories and distribution systems outside the US. They are literally handing over the US operation to the government for a soviet style takeover. They are not ‘dead’ , they don’t need the US division anymore.
As for the soviet style car production, in years ago Americans used to marvel that the communist system would force people to wait in line for size 11 shoes. OF course only a few people wore that size, but everyone would line up for them because that was the only shoe available.
This is what Obama is doing to America. We have been so foolish we let the communists eat away our free country. It isn’t so much about the automakers as what the ‘five year plan’ is for America.
To: bert
To: bert
You need to travel some to see what the real world is actually like.
The "free traders" have brought us 'multiculturalism' so we Americans won't think we are so special and won't defend our own freedom. What need for travel?
Why shill for the global communists? What's in it for you?
To: bert
The scholars have begun to participate in international efforts of all sorts. they can correspond with their counterparts to as never before.
Your scholars? You're definitely not a believer in individualism. I suspect you're not an American.
To: hedgetrimmer
.....What’s in it for you? ....
Life, liberty and the pursuit of happiness.....the American dream
267
posted on
05/20/2009 6:17:57 AM PDT
by
bert
(K.E. N.P. +12 . Crucify ! Crucify ! Crucify him!!)
To: hedgetrimmer
.....I suspect you’re not an American. ....
Is it very dark under your rock? You apparently have lost your vision
268
posted on
05/20/2009 6:19:08 AM PDT
by
bert
(K.E. N.P. +12 . Crucify ! Crucify ! Crucify him!!)
To: freebird5850
269
posted on
05/20/2009 6:53:31 AM PDT
by
randog
(Tap into America!)
To: TaxMe
I need to buy a car, and had been leaning towards a Chevrolet Envoy, since we rented one and liked it. But, not now.
270
posted on
05/20/2009 6:56:13 AM PDT
by
Clovis_Skeptic
(The answer to 1984 is 1776!)
To: editor-surveyor
From this day foreward, anyone who buys a GM car is an American Traitor! I plan on buying a new 2010 Camaro late summer or early fall. Waiting to see if they are going to bring out the Z-28 model. Can't wait.
271
posted on
05/20/2009 7:17:44 AM PDT
by
tc45a
To: culpeper
“Wheres the uproar from congress ?”
They are currently being mislead about something or other.
272
posted on
05/20/2009 8:21:41 AM PDT
by
CSM
(Business is too big too fail... Government is too big to succeed... I am too small to matter...)
To: Gabrial
I refuse to fund socialism. We’re going to forced by law and by the point of a gun to pay taxes, to fund socialism. I’m not going to voluntarily hand over my money to the mongrel Moslem and his cadre of communists. It’s time for revolt!
273
posted on
05/20/2009 8:48:07 AM PDT
by
BlackjackPershing
("An appeaser is one who feeds a crocodile, hoping it will eat him last." Winston Churchill)
To: reagan_fanatic
This is wonderful; the boys at lunch and Ollie looking daggers at Stan. Perfect!!!
274
posted on
05/20/2009 9:14:43 AM PDT
by
RexBeach
("Do your duty in all things." Robert E. Lee)
To: tc45a
It’ll be a 44 HP hybrid that will look much like a ‘62 Isetta.
275
posted on
05/20/2009 9:17:29 AM PDT
by
editor-surveyor
(The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
To: autumnraine
What we could be witnessing is backdoor reparations well beyond the hence-to-fore imagined.
276
posted on
05/20/2009 10:04:50 AM PDT
by
takenoprisoner
(Freedom Watch: fight for freedom with everything you have.)
To: hoosier hick
No doubt. My question is: what steps will the government take to force us to buy them? (All in the name of marketing and saving the planet...) A simple decree, outlawing all cars over 5 years old....don't laugh .. it's not out of the question
277
posted on
05/20/2009 10:10:39 AM PDT
by
Robe
(Rome did not create a great empire by talking, they did it by killing all those who opposed them)
To: brownsfan
but they haven’t learned the Russian lessons, they Ignore the fact that Reaganomics work every time it’s tried, lets try it one more time!!!
278
posted on
05/20/2009 10:26:00 AM PDT
by
mtnjimmi
(“When you choose the lesser of two evils, always remember that it is still an evil.” Max Lerner)
To: Robe
The board of the new company would be established with the tacit approval of the government.See.... obama promised new jobs!
279
posted on
05/20/2009 10:45:41 AM PDT
by
UCANSEE2
(The Last Boy Scout)
To: editor-surveyor
Itll be a 44 HP hybrid that will look much like a 62 Isetta. Not quite. The 305 hp V-6 '10 Camaro is already out as well as the 454 hp SS model. I'm kinda partial to Z-28's and can't afford the SS model. Z-28's are going to be approx. 385 hp.
280
posted on
05/20/2009 12:50:07 PM PDT
by
tc45a
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