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Sales numbers may make GM's bad week even worse (but Obama "saved" GM. /sarc.)
nbc ^
| 7/31/2012
| Paul A. Eisenstein
Posted on 08/01/2012 3:23:49 AM PDT by tobyhill
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1
posted on
08/01/2012 3:24:02 AM PDT
by
tobyhill
To: tobyhill
GM needs to file a Chapter 11 bankruptcy and re-organize. This includes new contract negotiations and possibly a break up into separate parts.
Obama and his magic fairies need to keep their hands off and let established law and market forces work.
2
posted on
08/01/2012 3:34:36 AM PDT
by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
To: tobyhill
With the Plummeting stock Price How Many Billions are the Tax Payers in the Hole Now?
To: tobyhill
With the Plummeting stock Price How Many Billions are the Tax Payers in the Hole Now?
To: ballplayer
with sub-prime loans in reality is a house of cards to get past the election
I am sure they can't sell a Bond after Obama shafted the last Bondholders.
If someone can breath I am sure GMAC will fiance you on a new car or truck
5
posted on
08/01/2012 3:44:00 AM PDT
by
scooby321
(AMS)
To: tobyhill
Last week I heard some GM commercial boasting about having their best year ever. GM has learned to tell whoppers just like their boss Barry.
6
posted on
08/01/2012 3:44:00 AM PDT
by
caver
(Obama: Home of the Whopper)
To: tobyhill
Government Motors is a symbol of the administrations perceived failures. GM is a symbol of the massive corruption and crony capitalism that may destroy America as a free country, and for that reason many patriotic Americans are boycotting that entity forever. I hope GM dies a well-deserved death soon as the natural consequence of their "bankruptcy" violating common law, bankruptcy law, contract law, and human decency. That company is dead to me, and I am glad so much of their product line is such crap that few people want to buy from them.
7
posted on
08/01/2012 3:49:26 AM PDT
by
Pollster1
(Freedom is never more than one generation away from extinction. - Ronald Reagan)
To: Pollster1
Lie down with dogs, etc....
8
posted on
08/01/2012 3:55:53 AM PDT
by
thulldud
(Is it "alter or abolish" time yet?)
To: ballplayer
Finally an “ I built that” credit deserved.
9
posted on
08/01/2012 3:58:10 AM PDT
by
blackdog
(There is no such thing as healing, only a balance between destructive and constructive forces.)
To: caver
“As GM goes, so goes the Nation”. Now that is encouraging! ;-)
10
posted on
08/01/2012 4:02:14 AM PDT
by
Average Al
(Forbidden fruit leads to many jams.)
To: scooby321
Shafted is a polite word for stole from the GM Bond Holders. Obama is a common thief and should be strung up by his ears
He and the Democrat party are a criminal enterprise.
11
posted on
08/01/2012 4:02:37 AM PDT
by
bert
((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
To: Jimmy Valentine
Obama and his magic fairies need to keep their hands off and let established law and market forces work. If they had done so four years ago, would they not be well along the road to recovery today?
I used to think GM's biggest problem was having a work force adding to under 100,000 trying to suppoert a retired force approaching 1,000,000. The rounding may be off, but the ratios tell a story. Has any of this changed after the bail out?
12
posted on
08/01/2012 4:07:18 AM PDT
by
stevem
To: tobyhill
13
posted on
08/01/2012 4:07:54 AM PDT
by
Venturer
To: Pollster1
Government Motors is a symbol of the administrations perceived failures.
Pathethic how the corrupt media bends over backwards to diminish monumental failures in order to make Sparky the Wonder Prez seem a “perceived” success.
14
posted on
08/01/2012 4:08:05 AM PDT
by
Common Sense 101
(Hey libs... If your theories fly in the face of reality, it's not reality that's wrong.)
To: tobyhill
To all the Freepers who keep saying GM is doing well. They are phony numbers. GM is tanking.
15
posted on
08/01/2012 4:12:09 AM PDT
by
bmwcyle
(Corollary - Electing the same person over and over and expecting a different outcome is insanity)
To: tobyhill
Obama did not think Chrysler was worth saving, so he bailed out the UAW and basically gave the company to Fiat.
Chrysler got private financing to pay off the gov’t loans (that had interest rates over 20% that most politicians would call abusive).
Now, the company is profitable, has two full years of increasing sales and is working to get out from the UAW VEBA.
16
posted on
08/01/2012 4:12:39 AM PDT
by
Erik Latranyi
(When religions have to beg the gov't for a waiver, we are already under socialism.)
To: Erik Latranyi
But...... is not Fiat having trouble with new bonds in Italy?
17
posted on
08/01/2012 4:16:03 AM PDT
by
bert
((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
To: tobyhill
And no mention of
General Motors signs $750 million Manchester United deal after marketing chief ouster "On Monday, GM, the biggest United States (US) automaker, announced its Chevrolet brand would sponsor the hugely popular
club's shirts for the next seven years. The deal is worth US$60 million (S$75 million) to US$70 million a year and
includes a US$100 million activation fee that brings the total value to as much as US$600 million, said a person with
knowledge of the contract who asked not to be identified."
That starts to add up to real money after a while.
18
posted on
08/01/2012 4:18:17 AM PDT
by
Tainan
(Cogito, ergo conservatus sum)
To: nascarnation
see this one too.
GM is in real trouble.
19
posted on
08/01/2012 4:32:29 AM PDT
by
Ouderkirk
(Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
To: tobyhill
One of my wife’s uncles owned some GM stock. After their most recent BR a stock broker called him and asked if he would like to buy some more after they re-organized. He told the guy he had some stock he would like to sell to him.
20
posted on
08/01/2012 4:45:39 AM PDT
by
smaug6
(We can't afford to be innocent!! Stand up and face the enemy.)
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