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Are Obama And Rahm Emanuel Preparing Us For Nationalization Of General Motors?
CBS Sunday Morning ^ | MB26 and CBS Sunday

Posted on 03/02/2009 5:39:27 AM PST by MindBender26

This is segment of transcript of Bob Schieffer's interview with Rahm Emanuel yesterday AM. Is this not a setup for business failure and nationalization or just plain nationalization?

- - - - - SCHIEFFER: Back now with the White House chief of staff Rahm Emanuel.

Mr. Emanuel, General Motors is now losing $100 millions a day. They have already spent, we are told, two-thirds of what they have already received from the government. And we're hearing they want some more. They're now asking for another $16 billion. Is the president going to do that? Because the question I have is, how long does this go on?

EMANUEL: As you know, the panel of experts we've assembled on the auto industry is working with GM and the others on their plan. The president has been very clear, though, what his priorities are. They have to have a viable business plan, on a going-forward basis, and it's going to require a sacrifice from all the parties involved to do that.

But here's the other thing I think that people should see, in both GM as well as the others. They never invested in both alternative energy cars. They got dependent on big gas guzzlers. They didn't do -- they have a health care cost structure that's outdated.

And as, sort of, an example, we talked earlier, Bob, about the fact that their health care system is affecting their business and their employers -- and their employees, rather.

And it's an example, in my view, of what the president's saying for this country. The day of reckoning, of making sure that we had a policy on energy independence, a policy that ensures that our health care costs were under control and our ability to make sure that coverage was expanded to those who are uninsured, as one way to also bring costs under control -- that is the challenge we face as a country.

Is it GM specific?

The president wants to see a business model that, on a going-forward basis, is cognizant of the market and that all the parties made the sacrifices necessary for that independence. The panel of experts are now meeting to go over those plans and help them develop something -- or review what they're doing before any other decision is made.

SCHIEFFER: So you're saying, unless they change their ways drastically, unless they come up with a new model, no more money.

EMANUEL: Basically, over the last 20 to 30 years, they had a strategy that has gotten them to, I think, a very unfortunate position both on health care costs, new types of cars, weaning themselves off of basically gas guzzlers to energy-efficient cars. And they're making those changes now, when everybody said, for the last 20 years -- but it's a wake-up call which is clear -- what the president said on Tuesday night. It's a wake-up call to America. Do we want to have an energy policy...

SCHIEFFER: So they have to do something different?

EMANUEL: They have to... (CROSSTALK)

EMANUEL: Wait a second. The plan is in front of the panel of experts, which is where it should be (inaudible) basically making sure that the restructuring is a viable restructuring plan.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections; US: Michigan
KEYWORDS: automakers; bho44; generalmotors; michigan; nationalization; rahm; unionmadejunk
So here are GMs choices.

#1 Fail because they make cars America wants buy, which is not making cars the Al Gore wing of the Dem party wants them to make, but people will buy.

or #2, make cars the radicals want GM to make, but no one will buy!

In any case, the so called "Panel of Experts" decrees them a failure... and Obama takes over!

1 posted on 03/02/2009 5:39:27 AM PST by MindBender26
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To: MindBender26

No they are for a socialist takeover of all free enterprise.


2 posted on 03/02/2009 5:41:33 AM PST by screaminsunshine (f)
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To: MindBender26
Ugh. I gave up on GM years ago because they could never make a reliable, quality vehicle. I am so sick of having my tax money support such a worthless, inept company.

At the rate GM is going, they are making Amtrak, the TVA and the USPS look great.

3 posted on 03/02/2009 5:42:42 AM PST by pnh102 (Save America - Ban Ethanol Now!)
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To: MindBender26

Well, as we learned during the campaign regarding the coal industry, it appears that with all things, you will either do it bo’s way or he’ll bankrupt you.
Way to go America!


4 posted on 03/02/2009 5:44:40 AM PST by jackv (Just shakin' my head!!)
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To: MindBender26

You’re wrong about the people not wanting to buy these cars. If that’s all that gets built you’ll have no choice. Lada or Yugo comrade. Your choice!


5 posted on 03/02/2009 5:45:32 AM PST by saganite (What would Sully do?)
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To: MindBender26

It DOES seem that although GM cars have great design and engineering sophistication, their assembly (build) quality is below Ford’s - on a par with Chrysler/Dodge/Plymouth. Time to pull the plug!


6 posted on 03/02/2009 5:45:51 AM PST by 2harddrive (...House a TOTAL Loss.....)
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To: MindBender26

Rahm and Barry, you can’t make us buy GM’s crappy union made cars, so there!


7 posted on 03/02/2009 5:46:01 AM PST by KansasGirl
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To: MindBender26

Sounds more like a way to get government takeover of health care down our throats: “Business needs government health care to help the economy recover”.


8 posted on 03/02/2009 5:48:41 AM PST by SW6906 (6 things you can't have too much of: sex, money, firewood, horsepower, guns and ammunition.)
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To: MindBender26
The plan is in front of the panel of experts, which is where it should be (inaudible) basically making sure that the restructuring is a viable restructuring plan.

Very old trick.

1) Determine the outcome that you want.
2) Seek out a panel of experts.
3) Convene well-publicized meetings with experts.
4) Announce the outcome that you arrived at in Step #1.
5) Tell everyone "Hey, a panel of experts came up with this!"

9 posted on 03/02/2009 5:50:46 AM PST by ClearCase_guy (American Revolution II -- overdue)
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To: SW6906
Yes. The desired outcome is nationalized healthcare. That's a strong political win (millions of dependent people will be grateful for generations), and it's something which is very hard to undo. The Democrats want that very badly.

Negotiations with GM are a tool to get nationalized healthcare. Whether GM lives or dies is quite incidental to the whole matter.

10 posted on 03/02/2009 5:53:09 AM PST by ClearCase_guy (American Revolution II -- overdue)
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To: KansasGirl

I mentioned about a week ago of the conversation with a very high ranking exec of one of the giants in the insurance companies and he informed me that GM will be making ‘’throw away’’ cars made in both China and here in the U.S. They will cost around 3K and will be considered to have a life of one year. All the parts are ‘’green friendly’’. I see this formulating more each week.


11 posted on 03/02/2009 5:53:23 AM PST by shadeaud ("If you can't beat them, arrange to have them beaten." -- George Carlin)
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To: pnh102

I have always owned GM cars. Their build, design, and quality have always been superior. The only expenses I have had with over 100k on each of them, has been brakes, tires, and oil changes.

Nothing has fallen off, dripped out, or just plain broke. Except a cup holder that I pushed the wrong way.

I am not saying Ford isnt as good, but I havent had problems with GM cars.


12 posted on 03/02/2009 5:55:16 AM PST by Vermont Lt (Ein Volk, Ein Riech, Ein Ein.)
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To: Vermont Lt

I still fail to understand why any conservative would buy anything made by any union when they know that the money is going directly to funding anti-conservative causes and politicians. I steer clear of the union label for this reason, as well as quality issues.


13 posted on 03/02/2009 5:59:12 AM PST by pnh102 (Save America - Ban Ethanol Now!)
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To: pnh102

“I gave up on GM years ago because they could never make a reliable, quality vehicle.”

We had the opposite experience with GM. We had a Tahoe that we drove for 7 years and then passed it down to our son and he drove it 5 years. It had over 200,000 miles on it and was still running fine when he traded it in. It was a great vehicle. The only prob we had with it was the dash got a little loose towards the end(rattled) and the inside door handles kept breaking. Other than that it lasted a long time!


14 posted on 03/02/2009 5:59:13 AM PST by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
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To: ClearCase_guy

You nailed it.


15 posted on 03/02/2009 6:03:15 AM PST by Eric in the Ozarks
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To: MindBender26

If GM had any integrity at all, they’d just say outright that it’s unprofitable to them as a company to operate here in the US, and therefore we’re closing down all US Operations. And that’s it. No more endless benefits and pensions for 1 million unproductive retirees, no more being strangled by the UAW. Just pack up, leave the USA, and make cars everywhere else in the world you can that’s profitable.

Let’s see what happens then :)


16 posted on 03/02/2009 6:14:27 AM PST by antonico
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To: MindBender26
....(auto makers)......they have a health care cost stucture that's outdated....

A health care COST STRUCTURE that is outdated! Give me a break! It isn't the cost structure that's outdated, it's the health care benefits! They are driving the automakers into the ground. UAW retirees (all 780,000 of them), get gold plated health, dental, vision and hearing benefits for LIFE! No Medicare for them! Their plan is so padded that they would be taking a big cut if they had to go on Medicare. Well, I am so sorry about that. But, when my money is being used to pay for those Rolls Royce health plans, I say it is time for them to go on Medicare at age 65, just like the rest of us.

17 posted on 03/02/2009 6:15:06 AM PST by REPANDPROUDOFIT
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To: pnh102

GM put Honda or Toyota decal on cars nobody will ever know sales increase.


18 posted on 03/02/2009 6:24:15 AM PST by Vaduz
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To: MindBender26
If they nationalize GM, they need to change the name to American Motor Company. Here are a couple of product ideas for them:



19 posted on 03/02/2009 6:32:04 AM PST by VRWCmember
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To: KansasGirl
Rahm and Barry, you can’t make us buy GM’s crappy union made cars, so there!

Shh...that will be next. You will be forced to buy the glorious reincarnation of the Lada (the infamous Soviet car) or take public transportation. Either way, you will be paying for it. This will come sometime after the "Not the Fairness Doctrine Act" reduces your choices of television viewing to two channels. The first one being the O-Network (all Obama, all the time - currently known as MSNBC) or that other channel telling you to switch to the O-Network (with apologies to Yakov Smirnoff).

20 posted on 03/02/2009 6:32:50 AM PST by Armando Guerra
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To: pnh102

Well, the guy down the street doesn’t make cars, so I am kind of stuck here. I won’t by Jap, and euro cars are too expensive.

Help me out here....


21 posted on 03/02/2009 6:55:12 AM PST by Vermont Lt (Ein Volk, Ein Riech, Ein Ein.)
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To: MindBender26

Thanks for posting. Interesting.

I see it as this...(posted on “Automotive Industry Continues a Slow Death” thread)...

They’re (government/industry/union/judges/propagandists) are already floating the new lexicon, “managed bankruptcy” (managed economy/life anyone?) where they offload much of the legacy costs on EVERY U.S. taxpayer. Some of hard-working retirees (with no voice) are in effect told to eat a crap sandwich and die. Then the government/industry/union/judges/propagandists/fascists/collectivists can emerge from this with happy faces, take some pictures, talk to each other, kiss some babies and do some greasy gladhanding before they move forward to their next scam.

http://www.freerepublic.com/focus/f-bloggers/2196066/posts


22 posted on 03/02/2009 7:07:53 AM PST by PGalt
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To: 2harddrive
...their assembly (build) quality is below Ford’s - on a par with Chrysler/Dodge/Plymouth.

I have owned vehicles from all three and I love my current Chrysler Town & Country as well as my previous Plymouth Grand Voyagers.

My last Grand Voyager, an 1990, had the 3.3 liter Chrysler engine and I finally sold it for $500 in 2006 with 258,000 miles on it.

It needed paint but other than that was still in very good mechanical shape and the interior was still is very good shape.

The worst built car I had was when I married and thus inherited a 1979 Datsun 210 (not the B210, just the plain old 210).

Worst piece of junk to ever roll the roads.

My favorites were my 5 liter Mustangs and my Corvettes.

23 posted on 03/02/2009 7:10:26 AM PST by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: MindBender26

Someone should ask these Bozos to quote a Founding Father who pontificated about transferring trillions of dollars from one Group to another group in order to help them while devastating the other .
I would like them to enlighten the masses on the section of the Constitution that they swore an oath to that allows them to turn us from a Republic into a Dictatorship .


24 posted on 03/02/2009 8:38:35 AM PST by ballplayer
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To: MindBender26

Someone should ask these Bozos to quote a Founding Father who pontificated about transferring trillions of dollars from one Group to another group in order to help them while devastating the other .
I would like them to enlighten the masses on the section of the Constitution that they swore an oath to that allows them to turn us from a Republic into a Dictatorship .


25 posted on 03/02/2009 8:38:43 AM PST by ballplayer
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To: ballplayer
I would like them to enlighten the masses on the section of the Constitution that they swore an oath to that allows them to turn us from a Republic into a Dictatorship .

Constitution? What constitution?

26 posted on 03/02/2009 8:55:40 AM PST by sionnsar (Iran Azadi | 5yst3m 0wn3d - it's N0t Y0ur5 (SONY) | "Tax the rich" fails if the rich won't play)
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To: saganite

The 2012 Pelosi GTxi SS/RT Sport Edition

http://www.youtube.com/watch?v=rAqPMJFaEdY&eurl=http://iowahawk.typepad.com/iowahawk/2008/12/the-pelosi-gtxi-ssrt-take-2.html&feature=player_embedded


27 posted on 03/02/2009 9:15:10 AM PST by WOBBLY BOB (ACORN:American Corruption for Obama Right Now)
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To: WOBBLY BOB

LOL! Very funny from Iowahawk! Thanks for posting.


28 posted on 03/02/2009 12:38:26 PM PST by PGalt
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To: MindBender26

Build all the hybrids you want f***ing commies. I’m still not going to buy anything from bailout receivers. Ever.


29 posted on 03/02/2009 12:42:05 PM PST by Sir Gawain (With Obama's "tax cut" I can afford a torch and a pitchfork in just TWO WEEKS!)
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To: 2harddrive
"..GM cars have great design and engineering sophistication.."

Uhhh...no, they don't have great design and engineering sophistication.

You must be thinking of some other company.

30 posted on 03/02/2009 12:46:38 PM PST by Designer (We are SO scrood!)
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To: Vermont Lt
"GM cars. Their build, design, and quality have always been superior...I havent had problems with GM cars."

I have had problems, so I guess that means their consistency is not good.

Either.

31 posted on 03/02/2009 12:49:14 PM PST by Designer (We are SO scrood!)
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To: Vermont Lt

“Their build, design, and quality have always been superior.”

I’d have to say that’s a matter of either luck or opinion. I used to have a Chevy and it needed a new electrical system after 37,000 (how convienent as that’s right after the 3/36 warranty). My husband’s friend has been a GM guy all his life and finally caved when he bought a brand new Duramax truck that needed a new tranny after only 300 miles, then again at 25,000. His wife just got put new brakes and rotors on her 6 month old Equinox.

Not to mention their vehicles, along with Chrysler and Ford, have nothing but cheap plastic interior. $25,000 for plastic. It’s s shame.

I won a Dodge Avenger, unfortunately and it’s the same deal-junk quality, junk engineering, junk design.

These vehicles are not made with pride or exception. They are union junk, mass-made to get a quick buck.


32 posted on 03/02/2009 1:00:49 PM PST by JenB987
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To: JenB987

**”won” should be own.


33 posted on 03/02/2009 1:03:10 PM PST by JenB987
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To: MindBender26
the panel of experts we've assembled on the auto industry is working with GM and the others on their plan

The Central Planning Committee. Evil arising from the ashes of Communism.

34 posted on 03/02/2009 1:09:43 PM PST by LikeLight (http://www.believersguidetolegalissues.com)
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To: AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; justiceseeker93; ..

Detroit’s outlook falls along with home prices (Median Price $7,500 really!)
The Trib | 3/2/09 | Mikey_1962
Posted on 03/02/2009 3:13:07 AM PST by Mikey_1962
http://www.freerepublic.com/focus/f-news/2197118/posts

US STOCKS-AIG fallout pushes Dow under 7,000
(AIG has most of the 401k of the teacher union)
reuters.com/ | Mon Mar 2, 2009 | Charles Mikolajczak
Posted on 03/02/2009 1:54:32 PM PST by patriotmediaa
http://www.freerepublic.com/focus/f-news/2197557/posts


35 posted on 03/02/2009 3:41:18 PM PST by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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