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Little Green Cars
National Review ^ | May 29, 2009 | Larry Kudlow

Posted on 05/30/2009 4:24:08 PM PDT by reaganaut1

Get ready, folks: America is about to own a car company. As of Monday, we the taxpayers will own more than 70 percent of GM. Whether the company will be formally renamed Government Motors remains to be seen. But that’s what it will be.

Instead of putting the failed car enterprise into bankruptcy six months ago — where Carl Icahn or Wilbur Ross could have bought it — the Bush administration chose Bailout Nation. Under Team Obama, that bailout has morphed into full-scale government ownership. Twenty billion dollars of TARP money is already invested in GM, with another $50 billion on the way. And that number could easily double unless GM car sales miraculously climb back to 14 million this year. That’s highly unlikely, with car sales now hovering around 9 million a year.

In other words, taxpayers are not going to get their money back. Yes, we the people will be left holding the bag for the mistakes of GM’s management and labor leaders over the last four decades.

And with CAFE mileage standards ratcheting up — all while GM is going down — Team Obama’s green vision for the economy will soon be crystal clear. With President Obama in the driver’s seat, we’re going to get little green two-door cars that most folks won’t want to buy.

Even worse, UAW chief Ron Gettelfinger has made it plain that his powerful union won’t let these cars be manufactured in low-cost non-union plants overseas. The result? Obama’s little green cars are going to be unprofitable as well.

But it’s the bigger picture that has me most concerned. What does Government Motors say about the direction of the United States?

(Excerpt) Read more at article.nationalreview.com ...


TOPICS: Business/Economy; Editorial; US: Michigan
KEYWORDS: automakers; bho44; cars; generalmotors; gm; greens; kudlow; larrykudlow; michigan
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1 posted on 05/30/2009 4:24:08 PM PDT by reaganaut1
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To: reaganaut1

Since I now own stock in GM, will I get an annual stock dividend? Certainly we’re going to share in the profits as this company is turned around under the brilliant managment of Obama, won’t we????????


2 posted on 05/30/2009 4:27:14 PM PDT by Dilbert San Diego
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To: reaganaut1

The new GM will fail. Nobody with a lick of sense is going to buy roller skates when they can drive a real car.


3 posted on 05/30/2009 4:28:03 PM PDT by BenLurkin
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To: reaganaut1

What these idiots in Washington do not realize that we the people make this economy run. If we don’t like what you build we will not buy!


4 posted on 05/30/2009 4:28:24 PM PDT by ronnie raygun (Never in history has an American President worked so actively against his own people.)
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To: Dilbert San Diego; All

Will I get a GM car at discount?? Will I get a choice in what kind of car that GM builds????


5 posted on 05/30/2009 4:29:13 PM PDT by KevinDavis (http://governorpalin4president.blogspot.com/)
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To: reaganaut1

My next car will be a Toyota - so I can drive it for the next 20 years like my current one.


6 posted on 05/30/2009 4:29:31 PM PDT by WorkingClassFilth (Palin/Bachman 2012: Conservative Viagra)
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To: reaganaut1

I’m going to do my part. I’m never going to buy a GM or Chrysler product again. EVER!!! Do you here me, B. Hussein Obama—you illegitimate ahole—you’re a communist; you’re creating a communistic system in this country, and not one red cent of mine is going to directly finance your workers’ revolution.

You are a bastard for destorying America capitalism. Something has to be done and soon to put a stop to this crap!


7 posted on 05/30/2009 4:29:59 PM PDT by BlackjackPershing ("An appeaser is one who feeds a crocodile, hoping it will eat him last." Winston Churchill)
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To: BenLurkin

I HOPE it fails.


8 posted on 05/30/2009 4:30:41 PM PDT by Right Wing Assault ( Obama, you're off the island!)
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To: Right Wing Assault

You hope it fails? What about hope and change?

I bet that idiotic comidienne, Wanda Sykes, would tell you that she hopes your kidneys fail, if you hope that Obama’s GM (government motors) fails.


9 posted on 05/30/2009 4:34:01 PM PDT by Dilbert San Diego
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To: WorkingClassFilth

“My next car will be a Toyota - so I can drive it for the next 20 years like my current one”

Me too. Obamachev is going to have to remove all competition. No one in their right mind would buy an Obama motors car.

In ten years, America roadways is going to look like Havana. All, old pre Obama motors cars.


10 posted on 05/30/2009 4:37:04 PM PDT by y6162 (uish..)
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To: reaganaut1

11 posted on 05/30/2009 4:37:55 PM PDT by freespirited (Is this a nation of laws or a nation of Democrats? -- Charles Krauthammer)
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To: reaganaut1
Get ready, folks: America is about to own a car company.

Its not a car company. Its a money pit. Its never going to be profitable again, and we're going to have to keep shoveling money into it indefinitely.

12 posted on 05/30/2009 4:38:00 PM PDT by Wissa (I despise the liberal media.)
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To: Wissa; All

GM should die..


13 posted on 05/30/2009 4:46:39 PM PDT by KevinDavis (http://governorpalin4president.blogspot.com/)
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To: Wissa

Oh yes,we must keep those union folks employed. After look at all the good they have done for our economy and quality of life. Amen.


14 posted on 05/30/2009 4:48:36 PM PDT by gakrak
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To: ronnie raygun
If we don’t like what you build we will not buy!

Just like the folks in Massachusetts have the option of not buying health insurance...?

15 posted on 05/30/2009 4:49:30 PM PDT by sionnsar (Iran Azadi|5yst3m 0wn3d - it's N0t Y0ur5(SONY)|"Also sprach Telethustra"-NonValueAdded|Lk21:36)
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To: reaganaut1
By now I hope most here have figured out that about 50% of all money spent(including the GM acquisition of course,he got a three fer here, slows down free market capitalism, initiates socialism and gives a huge BJ to the unions) or authorized by zero is basically vote buying or pandering.

This guy never stops running and is a ward of the party. Question is who pulls his strings not proven yet.

16 posted on 05/30/2009 4:50:20 PM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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To: Wissa

It’s the beginning of steering the population where zero want it to go,later on it will be mandatory of course,if he lasts.


17 posted on 05/30/2009 4:51:22 PM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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To: BlackjackPershing

Thank you for the great post. I hope a nation-wide boycott drives GM into the ground. I don’t think that’ll ever happen, but wishes don’t cost anything, so...


18 posted on 05/30/2009 4:53:23 PM PDT by joejm65
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To: BlackjackPershing

Thank you for the great post. I hope a nation-wide boycott drives GM into the ground. I don’t think that’ll ever happen, but wishes don’t cost anything, so...


19 posted on 05/30/2009 4:53:28 PM PDT by joejm65
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To: BenLurkin

When they tax gas up to $7/gallon, set the national speed limit at 50 mph, and provide tax breaks for buyers of Government Motors products but not the other car companies, you’ll buy them.


20 posted on 05/30/2009 4:55:17 PM PDT by ProtectOurFreedom
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To: reaganaut1

Unless the government passes some sort of law, other companies will eat GM’s lunch if all they produce is crappy cars nobody wants. I they pass such a law, they will find the black market tough to beat.


21 posted on 05/30/2009 4:56:48 PM PDT by Cyber Liberty (Pretending the Admin Moderator doesn't exist will result in suspension.)
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To: reaganaut1

I will never buy a car from a company built or partially owned by the UAW, period!


22 posted on 05/30/2009 4:59:46 PM PDT by rj45mis
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To: reaganaut1
Go here:

http://www.freerepublic.com/focus/f-news/2261391/posts?page=8#8

I agree they will fail....

23 posted on 05/30/2009 5:01:06 PM PDT by taildragger (Palin / Mulally 2012)
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To: BlackjackPershing
All of us tax payers are paying for 0bambi’s workers revolution.
24 posted on 05/30/2009 5:03:59 PM PDT by LuigiBasco (PALIN POWER: She's Reagan in heels, Teddy Roosevelt in a dress & like Rummy at a press conference!))
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To: reaganaut1

Just one question Where in the Constitution is this authorized ? Obama has Violated his oath to Defend and protect the Constitution ,IMPEACH him!


25 posted on 05/30/2009 5:05:26 PM PDT by ballplayer
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To: reaganaut1

I refuse to buy from GM or Chrysler until they are no longer owned by the government. Ford did not take the bailout money.


26 posted on 05/30/2009 5:07:56 PM PDT by MichiganConservative ($2 trillion in secret loans since late 2008. Audit the federal reserve. Support HR 1207.)
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To: reaganaut1

The taxpayers are not going to own crap. It’s all for 0bama and his pals.


27 posted on 05/30/2009 5:08:55 PM PDT by I Hate Obama (Laws are like sausages, it is better not to see them being made- Otto Von Bismarck)
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To: Dilbert San Diego

Nope. You get your satisfaction from contributing to the worker’s utopia.


28 posted on 05/30/2009 5:12:37 PM PDT by GVnana
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To: Dilbert San Diego

New use for GM motors!

http://www.youtube.com/watch?v=DpkhzhucRPk


29 posted on 05/30/2009 5:17:36 PM PDT by Jeffrey_D.
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To: BlackjackPershing; LucyT

Well put.

Good post.


30 posted on 05/30/2009 5:20:22 PM PDT by Jet Jaguar
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To: ballplayer
Zero will keep pushing at full speed until he is stopped either by his own party or by us.

Our best bet is to tank his numbers enough so his own party will finally have to desert him or face not being reelected since 2010 will be race after race decided by who supports zero and who doesn't.

31 posted on 05/30/2009 5:28:22 PM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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To: Jet Jaguar; All

Thanks. It’s a fact. We need an official boycott of GM and Chrysler.


32 posted on 05/30/2009 5:38:08 PM PDT by BlackjackPershing ("An appeaser is one who feeds a crocodile, hoping it will eat him last." Winston Churchill)
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To: reaganaut1

A month after the gov’t took ownership in Citi I refinanced my home with BBT. No more Citi for me.

I’ll be doing the same with my cars. I’ll never buy another GM car as long as the fed has its hand in it. In fact, I hope GM, Chrysler, Citi and AIG fail.


33 posted on 05/30/2009 5:44:07 PM PDT by navyguy (The National Reset Button is pushed with the trigger finger.)
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To: reaganaut1
Government Motors already has mockups for their new Green Line out in the streets:


34 posted on 05/30/2009 5:54:36 PM PDT by VeniVidiVici (Putin warned Obama not to pursue Marxism. Obama has ignored him.)
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To: BlackjackPershing
Well, I'm doing my part to form the resistance.

I have two Chevys. They are my last. They were made by a private company.
I will never own a Socialist Motors car. I'll walk first.

35 posted on 05/30/2009 6:01:08 PM PDT by IrishCatholic (No local Communist or Socialist Party Chapter? Join the Democrats, it's the same thing!)
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To: reaganaut1
Photobucket

Introducing the revolutionary – and we DO MEAN REVOLUTIONARY –2010 Obama Motors (formerly GM) HOPEMOBILE 1 ½ passenger, wind-powered transport unit.

Standard equipment includes:

In-dash teleprompter for those tricky and complicated toll booth conversations;

Audio CD of The Messiah’s book “Audacity of Hope” to be played on those calm days when no hot wind is available to power your HOPEMOBILE;

Large trunk for hauling those ACORN posters – and pre-marked ballots -- to the polling place on election day;

Ayres conditioning;

AND SO MUCH MORE!

CALL 1-888-CAR-SUCKS FOR DAILY PRICE UPDATES.

Test drive one the next windy day!


36 posted on 05/30/2009 6:02:11 PM PDT by Dick Bachert
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To: reaganaut1

Should I start making my car payment to myself???


37 posted on 05/30/2009 6:20:25 PM PDT by jackv (Just shakin' my head!!)
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To: IrishCatholic

I’m in. My wife and I own 2; my mom and dad own 2; my brother and his wife own 2. That’s the last any of us are purchasing. The only private US automaker: FORD. Have you driven a Ford lately? Sooner than later! FORD...now more than ever!


38 posted on 05/30/2009 6:49:24 PM PDT by BlackjackPershing (“The patriot's blood is the seed of Freedom's tree” - Thomas Campbell (Scottish poet))
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To: BlackjackPershing

“I’m going to do my part. I’m never going to buy a GM or Chrysler product again. EVER!!!”

Amen, bro.

Grew up in a neighborhood with a Ford assembly plant, and bought American-made autos my entire life - more than 8 of ‘em. But the Chevy I bought 3 years ago will be the last domestic I’m likely to ever get.

I’m tired of paying for bloated UAW retirement plans. I’m tired of supporting feather-bedding under the guise of a “jobs bank”. Even growing up blue collar, I’m tired of paying extra for auto worker compensation plans with total costs well beyond the hourly costs for Americans working for foreign auto makers. Even as a former member of the USW and IBEW, I’m tired of supporting the Ron Gettelfingers of the world who are quite happy to bleed their companies dry in the pursuit of class warfare.

And as a native Chicagoan, I’m damn tired of supporting the chosen one’s attempt to institute the pay-for-play strategy of the city machine on a national scale.

My next car will be a rice-burner, and that’s the way it’ll be until these idiots get their gettelfingers out of our economic system.


39 posted on 05/30/2009 7:22:05 PM PDT by Stosh
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To: ronnie raygun

Every member of ACORN will get a “free” (to them) car.


40 posted on 05/30/2009 7:25:20 PM PDT by lonestar (Obama is turning Bush's "mess" into a catastrophe.)
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To: VeniVidiVici

41 posted on 05/30/2009 7:43:09 PM PDT by Clock King
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To: Dick Bachert

That’s a real Toyota. It must therefore be better than my Town Car in all ways.


42 posted on 05/30/2009 7:53:41 PM PDT by MichiganConservative ($2 trillion in secret loans since late 2008. Audit the federal reserve. Support HR 1207.)
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To: Clock King

Ah. A Russian tow truck. Long time since I’ve seen one of those.


43 posted on 05/30/2009 8:44:53 PM PDT by VeniVidiVici (Putin warned Obama not to pursue Marxism. Obama has ignored him.)
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To: Dilbert San Diego
I posted this earlier today on a similar thread. Haven't changed my mind.

"I will NEVER buy their brand."

I bet you do, whether you want to or not. You forget how much power the new owner has.

Government Motors will supply ALL the cars for the US gov't fleet. They will build all (or most) vehicles for the military. I suspect that at this moment state, county, and city officials are being advised that their fire, police, and other official vehicles had better come from GM, or they will have trouble with Washington. Highway funds, education grants, welfare payments - any form of federal aid could be cut off.

Looking into the future, I see the whiz kids at GM coming up with a new gadget, probably of dubious value to car owners but "Great for the Environment". Suddenly you can't buy or sell a car in the US without it, and it's only available from GM.

Far-fetched? Not to me. Obama will bull it (or something like it) through. It's the Chicago way.

44 posted on 05/30/2009 9:32:54 PM PDT by ZOOKER ( Exploring the fine line between cynicism and outright depression)
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To: BlackjackPershing
"Thanks. It’s a fact. We need an official boycott of GM and Chrysler."

Totally not necessary. When the American people see the POS green cars coming out of GM they simply won't buy them and the company will tank.

45 posted on 05/30/2009 10:36:58 PM PDT by boop (Democracy is the theory that the people get the government they deserve, good and hard.)
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To: MichiganConservative
I refuse to buy from GM or Chrysler until they are no longer owned by the government. Ford did not take the bailout money.

I am sure that our political betters have a plan to do away with Ford or at least take it over too.

I am not sure what the plan could be, but I am sure they won't allow any competition to Government Motors.

46 posted on 05/30/2009 11:03:55 PM PDT by Lawgvr1955 (You can never have too much cowbell !!)
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To: All; reaganaut1

Related thread:
What to do if you own a GM car [After the bankruptcy]
http://www.freerepublic.com/focus/f-news/2260933/posts


47 posted on 05/31/2009 12:13:11 AM PDT by 2ndDivisionVet ("The unarmed man is not just defenseless - he is also contemptible." Machiavelli)
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To: WorkingClassFilth
My next car will be a Toyota - so I can drive it for the next 20 years like my current one.

Ironically, Toyota was one of the first to offer "small green cars that nobody wants" in the US, like the Prius, the Yaris or now even the iQ. They understand that you give the customer what he wants and offer choice. So when market conditions changed during the oil price spike they still had attractive offerings. So does BMW: They do the X6, but they also own Mini and could bring over 45 mpg 1- and 3-series diesels from Europe.
48 posted on 05/31/2009 3:30:16 AM PDT by wolf78 (Inflation is a form of taxation, too. Cranky Libertarian - equal opportunity offender.)
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To: ronnie raygun
What these idiots in Washington do not realize that we the people make this economy run. If we don’t like what you build we will not buy!

Oh, yeah?

Come on down to the ACORN office, white boy. We want to talk to you.

[If you think I'm kidding -- that is literally how things were done in Chicago by the old bosses, 120 years ago.]

49 posted on 05/31/2009 5:44:43 AM PDT by lentulusgracchus
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To: Wissa
Indeed, that is exactly what it will be. But...there are additional things to consider too.

It won't just be our tax dollars going directly to GM,

It will include special finance incentives for those wanting a little green car and can't afford it. The cars will be subsidized to those who can't get the loan from the bank. Recall that lady during the campaign filling her gas tank, buying her car, house etc. Yeah...campaign promise kept?

50 posted on 05/31/2009 5:55:42 AM PDT by EBH (I am not your comrade, nor sheeple, nor surf or slave; but a Freeman.)
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