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1 posted on 08/16/2012 7:28:40 AM PDT by SeekAndFind
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To: SeekAndFind
Here we go again!!
2 posted on 08/16/2012 7:32:21 AM PDT by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
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To: SeekAndFind

but, but, but, but, he fixed it...this is totally “unexpected”. The little boy king don’t care, he’ll avoid GM like a birth certificate.


3 posted on 08/16/2012 7:38:45 AM PDT by Doogle ((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: SeekAndFind
Nothing much new here. King Obama has dumped billions in these failed stupid business and we will never recover the money. Failed businesses without constructive change, especially dumping Unions, will always go to the garbage can.
4 posted on 08/16/2012 7:44:00 AM PDT by Logical me
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To: SeekAndFind

Let it die!


5 posted on 08/16/2012 7:44:15 AM PDT by X-spurt (It is truly time for ON YOUR FEET or on your knees)
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To: SeekAndFind

Buying GM stock is like tossing your money down the toilet.

Naxt time they get in a bind they will screw the stockholders again.


6 posted on 08/16/2012 7:52:02 AM PDT by Venturer
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To: SeekAndFind

“Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.” - Barack Hussein Obama


8 posted on 08/16/2012 7:58:59 AM PDT by Proud2BeRight
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To: SeekAndFind

Since the UAW now”owns” GM, does that mean its assets, including the pension fund and all the resorts, will be open to seizure to pay debts?


9 posted on 08/16/2012 8:00:56 AM PDT by VanShuyten ("a shadow...draped nobly in the folds of a gorgeous eloquence.")
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To: SeekAndFind

Excellent article. Thanks for the post!


10 posted on 08/16/2012 8:01:02 AM PDT by Dryman (Define Natural Born Citizen)
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To: SeekAndFind

Buffett will buy more shares in GM. He still owes the Govt for the bailout of Goldman and getting him on board just before it happened.


11 posted on 08/16/2012 8:02:50 AM PDT by PGR88
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To: SeekAndFind

It was always assumed GM would go bankrupt again.

The first bankruptcy was to stongarm the bond holders and give the unions a “pump and dump” equity to pull cash out of the dead corporate body.

Now it will HOPEFULLY be an unvanished bankrupcy where the union contracts are dumped as they should have been in the first place.


12 posted on 08/16/2012 8:03:47 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: SeekAndFind

BOHICA and FUBO!


13 posted on 08/16/2012 8:07:34 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: SeekAndFind
Wonder if Warren Buffett had any shares of GM before the first bailout/dealership-cancellation/shareholder-screwing.

Wonder if he has any now.

15 posted on 08/16/2012 8:23:02 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
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To: SeekAndFind

Da scheppert nix


16 posted on 08/16/2012 8:23:14 AM PDT by Osage Orange ("Were we directed from Washington when to sow, and when to reap, we should soon want bread.")
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To: SeekAndFind

My Mom traded in her Buick for a Nissan. My sister traded in her Pontiac for a Toyota. I traded in my Buick for a Subaru. My neice traded in her Chevy for a Kia. We used to be a GM family. We believe in the right to organize and have collective bargaining. Unions electing Democrats to plunder the public treasury to give money to the unions is criminal.


17 posted on 08/16/2012 8:23:41 AM PDT by blueunicorn6 ("A crack shot and a good dancer")
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To: SeekAndFind

Forget that the 2013 Malibu is a step backward for GM. The reality is that leftists overwhelmingly buy foreign-branded vehicles. Add to that all the newly minted anything-but-GM crowd and you have a perfect storm. I hope the UAW is happy.


19 posted on 08/16/2012 8:26:41 AM PDT by BillyBonebrake
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To: SeekAndFind

Obumo may be a dope touting his saviourship of GM BUT
both Rinos and Dems went along with the initial paniced stupidity.
Therefore, this particular foulup isn’t going to get much exposure. It is, however, an excellent example of elite,
ill-informed, top-down gov’t management. Obumo’s solution to GM’s “problem” was politically inspired - not the way successful businesses operate.


21 posted on 08/16/2012 8:33:12 AM PDT by bossmechanic (If all else fails, hit it with a hammer)
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To: SeekAndFind
I have driven Chevy Suburbans since they were a 3 door crew truck and had not yet been named Suburbans. I traded my last one for a Chevy Tahoe when the first one came out. I had a ‘05 Tahoe when I heard the Obama administration announce that we would all have to drive SmartCars or some such little car. I went that day and traded my ‘05 for a ‘09 Tahoe. I have never been sorry and I am taking really good care of it so it will last me till I am too old to drive, whenever that happens!
22 posted on 08/16/2012 8:36:41 AM PDT by Ditter
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To: SeekAndFind

Calling Captain Obvious


23 posted on 08/16/2012 8:44:51 AM PDT by ChildOfThe60s (If you can remember the 60s....you weren't really there)
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To: SeekAndFind

Wait one darn minute. A year ago GM had an advertisement saying they paid off all the Government Loans.

If you can’t believe Commercials, what can you believe?


24 posted on 08/16/2012 8:59:04 AM PDT by Kickass Conservative (Republicans Hope people are Smart, but Democrats Know people are Stupid.)
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To: SeekAndFind

I have a 2001 GMC Sierra C2500 Crew Cab Pickup.
Bought it new in OCT 2001 after the SEP 11 attacks.
I’m through with GM completely, mostly due to the bailouts, but also because this current truck isn’t near as well made as the 89 Super Cab that preceded it.

Its Ford or Foreign from now on.


25 posted on 08/16/2012 8:59:04 AM PDT by OriginalChristian (The end of America, as founded, began when the first Career Politician was elected...)
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