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To: Kaslin

I will NEVER buy a GM or Chrysler product again.


2 posted on 12/20/2012 7:39:35 AM PST by wetgundog (" Extremism in the Defense of Liberty is no Vice")
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To: wetgundog
The losses are so understated IMHO. Now the GM VEBA will be on the hook as the shares are not worth as much, they have to hold long term, and don't forget the 49.5 Billion loss carry forward from the Illegal Bankruptcy. Also, their long term Pension Liability which was never expunged since they never shut it down in the unbankruptcy, which I think is equal to the 49.5 Billion loss, gee isn't that a cowinkadink...

Someone has figured the actual number and I think the total is North of 100 Billion, I want to see a real GAAP Accounting of what is going on internally, either I need an accounting refresher course, or I smell a rotten fish here...

5 posted on 12/20/2012 8:02:30 AM PST by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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To: wetgundog
IF we make it long enough for obama to leave office... then I will buy a new vehicle. I have ALWAYS bought GM vehicles... many, many of them. NEVER AGAIN!

LLS

7 posted on 12/20/2012 8:12:46 AM PST by LibLieSlayer (A child is born in Bethlehem KING of KINGS)
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To: wetgundog
Reportedly, GM had growing concerns that the stigma of "Government Motors" was hurting sales in the United States.

Sorry, but that horse has already left the barn. The last GM product which I owned was good for nothing but sale to a scrapyard after a mere 120K miles.

The most recent Honda product (aside from my present vehicle) which I owned had 210K miles on it and 27 calls when I listed it for sale on Craig's List. The successful buyer counted out my asking price in cash and had two more prospects right behind him, one physically there and another en route.

As an added bonus, my Honda was built in the USA by American non-union workers. The GM was built by unAmerican union workers.

14 posted on 12/20/2012 9:50:19 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: wetgundog
I will NEVER buy a GM or Chrysler product again.

Same here. The GM bailout was unforgivably corrupt, so I will never forgive the company or those involved. GM and Chrysler are dead to me. Last month, I rented a car (a Honda was reserved), and the company tried to give me a GM. I refused, telling them I would take a cab rather than accept a GM car, and they upgraded me to a Mercedes at no extra charge. I won't even take a GM rental - ever again.

20 posted on 12/20/2012 4:35:49 PM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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