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Government could seek foreign investors for GM (i.e., China)
AP via Yahoo! ^
| September 19, 2010
| Tom Krisher
Posted on 09/19/2010 5:39:37 PM PDT by Brilliant
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"President Obama also has said all taxpayer money will be returned, but spokesmen later said he meant the money his administration pumped into GM, not bailouts made by the Bush Administration."
That's laughably partisan and ridiculous, particularly since someone else will be President when and if it happens.
1
posted on
09/19/2010 5:39:41 PM PDT
by
Brilliant
To: Brilliant
So they steal property from American citizens, and then sell it at a bargain rate to China. At some point even liberals will realize no one buys their lies about Obama.
2
posted on
09/19/2010 5:44:10 PM PDT
by
highlander_UW
(Education is too important to abdicate control of it to the government)
To: Brilliant
So, this is why the Regime pushed back the stock sale.
3
posted on
09/19/2010 5:44:35 PM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: Brilliant
There seems to be a plan coming together here.
4
posted on
09/19/2010 5:46:38 PM PDT
by
FlingWingFlyer
(This isn't going to be "another 1994"! It's another 1776!)
To: highlander_UW
I guess the government bureaucrats think that the Chinese government is better at running GM than Obama is.
But in the end, GM will be a foreign automaker.
5
posted on
09/19/2010 5:48:20 PM PDT
by
Brilliant
To: highlander_UW
Also, the Chincoms will likely close the plants in the US and cart all the tooling back to China. Wait until the UAW guys learn that the Chicoms feel no need to pay their pensions.
6
posted on
09/19/2010 5:48:38 PM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: Brilliant
“But in the end, GM will be a foreign automaker.”
That is the absolute best thing that could happen to it. The unions have ruined US auto makers.
7
posted on
09/19/2010 5:51:07 PM PDT
by
HwyChile
To: HwyChile
Odds are that the Chinese would close the plants and move the works back to China; so, all the UAW guys who voted for Obama would receive pink slips thanks to Obama.
8
posted on
09/19/2010 5:53:38 PM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: Brilliant
I thought China already owned part of GM/ Chevrolet via their Cherry car company? (sarc)
To: Army Air Corps
UAW gets cash for their shares they don't care about jobs or owners other than their pension fund
10
posted on
09/19/2010 6:03:31 PM PDT
by
colonialhk
(Elect Veterans not Lawyers)
To: Brilliant; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; ...
11
posted on
09/19/2010 6:04:09 PM PDT
by
Nachum
(The complete Obama list at www.nachumlist.com)
To: Army Air Corps
Oh great plan, give GM to the Chinese. /sarcasm
12
posted on
09/19/2010 6:05:26 PM PDT
by
bmwcyle
(It is Satan's fault)
To: Brilliant
I don’t really much care what happens to GM ,or Chrysler either. I never intend to buy another GM or Chrysler product.
13
posted on
09/19/2010 6:07:46 PM PDT
by
Venturer
To: Army Air Corps
Unions get the last laughs. Taxpayers fund both unemployment and the unions’ pensions.
14
posted on
09/19/2010 6:10:03 PM PDT
by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Army Air Corps; All
Oh I just love the irony that the unions has to work for the Chicoms.. Hey you union people, how do you like the hope and change??
15
posted on
09/19/2010 6:12:29 PM PDT
by
KevinDavis
(President Obama: The Crybaby in Chief...)
To: colonialhk
Maybe. They could get screwed just as the bonholders were screwed during the Regime takeover of GM.
16
posted on
09/19/2010 6:15:30 PM PDT
by
Army Air Corps
(Four fried chickens and a coke)
To: Army Air Corps
Wait until the UAW guys learn that the Chicoms feel no need to pay their pensions.
My thought exactly. Even if some fragment of GM remains in America, my guess is it will contingent on throwing the UAW under the bus.
17
posted on
09/19/2010 6:18:10 PM PDT
by
rbg81
(When you see Obama, shout: "DO YOUR JOB!!")
To: Brilliant
The U.S. Treasury loaned GM about $50 billion to help it through bankruptcy protection last year. GM has repaid $6.7 billion. All after how man $Billions in the failed bailout before that????
18
posted on
09/19/2010 6:24:35 PM PDT
by
TheBattman
(They exchanged the truth about God for a lie and worshiped and served the creature...)
To: Army Air Corps
Wait until the UAW guys learn that the Chicoms feel no need to pay their pensions.. That won't matter - I guarantee, the US Taxpayers will pick up the tab for those plumb pensions.
19
posted on
09/19/2010 6:30:13 PM PDT
by
TheBattman
(They exchanged the truth about God for a lie and worshiped and served the creature...)
To: TheBattman
I wouldn’t buy a government motors car for $20. to hell with those socialist bastards,
20
posted on
09/19/2010 6:36:00 PM PDT
by
Benchim
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