Posted on 08/17/2012 4:47:55 AM PDT by SJackson
Success is the government bailout of General Motors.
GM is in the hole one billion a year,and that’s his idea of success.
He thinks debt is a plus,just look at what he’s done to the country.
The attorney general of Indiana, representing the stiffed bond holders, filed a class action suit against the obama regime. Long time ago. No news on the suit.
At least someone was standing up for them.
But yeah, that was blatant, in your face theft.
And how about all the white collar employees at Delphi has their pensions robbed from them?
No wonder the cpusa endorsed/endoreses obama.
His friends at the UAW have to realize that a second bailout will never get by the Tea Partyized House and that they are goin’ under the bus once this election is over.
This is the real story about GM. Too many Freepers still think that GM is doing well. GM has lost many long time customers like me. GM is a sinking ship propped up by Federal government, state, and local government sales. This will not keep GM going. The numbers GM puts out for sales are phony. GM said they paid us back but is was just a robbing Peter to pay Paul move. If any GM employees read this, you are no better then a welfare queen right now.
Kill it, and sell off the assets to other car companies who will know what to do with it.
There will probably be a long line of 3rd grade educated mexican illegals lining up for the engineering,design,and manufacturing jobs that Americans won’t do.
and the media remains silent on this...
Bigger fish to fry, like Romney’s tax records.
Oooooh. Let’s hear more about THAT!
</sarcasm>
"We no longer live in a world of nations and ideologies, Mr. Beale. The world is a collage of corporations, inexorably determined by the immutable by-laws of business. The world is a business, Mr. Beale! It has been since man crawled out of the slime, and our children, Mr. Beale, will live to see that perfect world in which there is no war and famine, oppression and brutality — one vast and ecumenical holding company, for whom all men will work to serve a common profit, in which all men will hold a share of stock, all necessities provided, all anxieties tranquilized, all boredom amused." - Arthur Jensen (Network)
Long ago, I was ripped off by a gas station owner near my home. It was only an extra $20 on a state inspection, but it was a clear rip off. I never did business with him again - for the entire decade until he went bankrupt and lost the station. I do not deal with crooks.
Thanks to the shockingly corrupt bailout, I will never under any circumstances buy or rent a GM product. That company is dead to me. I wouldn't stop others from dealing with them - if they want to buy from a company that has fought in court to not have to make warranty repairs on cars from the "old GM", that's their call - but I also will not say anything positive about their mistake if a neighbor does buy from them. The correct move would have been a formal bankruptcy procedure that followed existing law, even if politically neutral bondholders got more than Obama supporting UAW members.
Just heard it while I was writing the first post.
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