Posted on 03/30/2009 3:45:18 PM PDT by tobyhill
Obama to GM: Move over, I’m driving.
After several rounds of government assistance and missed deadlines for a plan to revive the auto giant, the White House on Monday finally lost faith in the company's ability to fix its own longstanding problems.
Despite months of negotiations with various stakeholders, the Obama administration refused to offer GM another round of bailout funds, saying the company's restructuring proposals didn't go far enough to make for a viable plan. To get further concessions from unions, creditors and investors, the White House held out the possibility of a bankruptcy filing.
(Excerpt) Read more at msnbc.msn.com ...
They should refuse all government aid and simply go bankrupt. And then rebuild from the ashes.
Only $217 billion more needed and she’ll be fine.
It seems this is his goal every morning when he wakes up =”what can I say today that will bring the market down, grind it to a halt or just plain ole’ crash?
He’s a cluck
It seems this is his goal every morning when he wakes up =”what can I say today that will bring the market down, grind it to a halt or just plain ole’ crash?
He’s a cluck
Affirmative action baby.
if they where going to do that Wag would not have stepped down. They totally caved for taxpayer dollars to bail out the UAW and Obamacized leadership to build more Geo Metros
I am boycotting Government Motor Corpse officially now.
“Government Motor Corpse”
I love it.
As far as GM goes,as far as our country goes—under this Obamination, I only have one thing to say, seeing what made our country being torn asunder—it’s a quote from a Democrat-Sam Rayburn-and it can be our country’s epitaph:
It takes a good carpenter to build a barn, but any jackass can kick it down ”.
As far as GM goes,as far as our country goes—under this Obamination, I only have one thing to say, seeing what made our country being torn asunder—it’s a quote from a Democrat-Sam Rayburn-and it can be our country’s epitaph:
It takes a good carpenter to build a barn, but any jackass can kick it down ”.
Just wait until Obama, through regulation, makes it too expensive for any other car manufacturer to compete with Government Motors. Government Motors will always continue to operate since profitability isn’t an issue when you get bailout $ from the taxpayer. You will drive a GM car, made to Obama specifications, whether you like it or not
I don't think so. Look at these two headlines/quotes from this morning:
Obama Boosts Fuel Economy Standards Despite Detroit's Woes
And this:
They are diametrically opposed as far as what the results will be. I don't think he has a clue as to what he's doing. He's getting up every morning and playing a guessing game with Geithner as to what to do.
Who will buy them? Conservatives bought American cars. We may buy Fords now because they refused a bailout but like you said - Obama will ,make sure other car companies have a hard time competing against Govt Motors.
The British went down this road with British Leyland and it did not live that long.
I can just see Rahm, prancing around in the halls of the WH in his little Tutu, and square toed shoes.
I’d be more than curious to learn GM’s underfunding of pension funds and loans against city/state/etc. funds.
Wonder what Joe-the-union-retiree thinks about while puttering around the patio in Florida?
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