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GM is back, thanks to Uncle Sam
Houston Chronicle ^
| September 28, 2011
| E.J. DIONNE
Posted on 09/28/2011 5:10:57 PM PDT by equaviator
Edited on 09/28/2011 6:50:27 PM PDT by Sidebar Moderator.
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"Anybody have a problem with that?"
If not yesterday, maybe later.
To: equaviator
That’s why I just bought a Mazda.
FU UAW, FU BO!!!
2
posted on
09/28/2011 5:13:44 PM PDT
by
GOPsterinMA
(If not Perry, it's Romney. And if it's Romney, it's Obama.)
To: equaviator
GM announced that its second-quarter profits had nearly doubled, to $2.5 billion. To put that in context, in April 2010, GM reported losses of $4.3 billion. Revenue at GM rose 19 percent, to $39.4 billion. What? Is he saying they lost $4.3 billion AND made $39.4billion?
3
posted on
09/28/2011 5:15:46 PM PDT
by
ColdOne
(I miss my poochie... Tasha 2000~3/14/11)
To: equaviator
Nationalist Socialism is the most accurate description.
To: equaviator
Socialism at work...
5
posted on
09/28/2011 5:18:41 PM PDT
by
jimbo123
To: equaviator
Back? Back to what?? FUGM, FUBO!
6
posted on
09/28/2011 5:19:13 PM PDT
by
WKUHilltopper
(And yet...we continue to tolerate this crap...)
To: equaviator
Hey g.m.,Plymouth, and obammy, FU.
Never buy one again
To: equaviator
Hey EJ, you lisping pansy. GM and Chrysler didn’t pay all the money back. As some warranty holders of GM cars are finding out, there is a difference between New GM and Old GM. Old GM still owes money, plus New GM used new Tarp funds to pay their end of the debt. On top of that, the Volt technology is now going to our close friends in China.
I often wonder if this dim bulb EJ actually writes any genuine articles or if he just opens the envelopes he gets from the WH and submits the letter within to his publisher.
8
posted on
09/28/2011 5:20:06 PM PDT
by
Lazlo in PA
(Now living in a newly minted Red State.)
To: ColdOne
In the jargon of finance, revenue = sales
not profit.
To: equaviator
so that's what you call it...
10
posted on
09/28/2011 5:22:21 PM PDT
by
Chode
(American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
To: equaviator
I have been a GM man my whole life but I will never buy another GM car because of the Obama confiscation (theft) of shareholder equity and other obligations so he could hand over billions in wealth to the UAW.
As if that wasn’t enough, the $5,000 bonus (handout) to UAW members is the icing on the cake.
11
posted on
09/28/2011 5:22:28 PM PDT
by
Iron Munro
(A gun in the hand is better than a cop on the phone.)
To: Joe Boucher
The last Plymouth was manufactured in June 2001.
You been on another planet?
To: GOPsterinMA
Under PENALTY of DEATH, I will never buy a Government Motors Vehicle.
FU BO and FU UAW
13
posted on
09/28/2011 5:24:18 PM PDT
by
wetgundog
(" Extremism in the Defense of Liberty is no Vice")
To: jimbo123
“Socialism at work...”
General Motors Company “Common S” shares...The S being for Socialism? Apparently so.
To: wetgundog
The only exception to that I would make is if I suddenly had a gajillion dollars, I would buy a 1967 Corvette Convertable, 427 cu.in. 435 hp engine, black on blank on black.
Otherwise, 1,000% agree!!!
15
posted on
09/28/2011 5:27:31 PM PDT
by
GOPsterinMA
(If not Perry, it's Romney. And if it's Romney, it's Obama.)
To: Joe Boucher
Never buy one again Same here. I don't care whether this propagandist classifies it as national socialism, soviet socialism, or some new invention in between the two evils. I am boycotting GM forever and will not purchase anything they make, whether new or used. Ever. That corrupt company is dead to me.
16
posted on
09/28/2011 5:28:42 PM PDT
by
Pollster1
(Natural born citizen of the USA, with the birth certificate to prove it)
To: equaviator
“State capitalism” = crony capitalism. Obastard arbitrarily decided that the bond holders would get practically nothing and then turned around a GAVE the UAW half ownership in the company.
17
posted on
09/28/2011 5:29:15 PM PDT
by
Blood of Tyrants
(Islam is the religion of Satan and Mohammed was his minion.)
To: Lazlo in PA
Hey EJ, you lisping pansy. GM and Chrysler didnt pay all the money back. As some warranty holders of GM cars are finding out, there is a difference between New GM and Old GM. Old GM still owes money, plus New GM used new Tarp funds to pay their end of the debt. On top of that, the Volt technology is now going to our close friends in China.
Amen. This guy is so predictable - you know that he will never, ever, let the facts get in the way of his unwavering support of Obama. To make it even worse, the Washington Post has already groomed EJ the Second - Ezra Klein, the founder of JournoList. They now have EJ's Mini-Me spouting his own party line column straight from Team Obama's marching orders.
To: equaviator
GM isn’t back.
Its doors are currently open, because of a large government infusion of cash and forced debt forgiveness (read rape of the bond holders).
Smells a lot like Solendra. I wonder what the government’s projected date of bankruptcy is for GM.
19
posted on
09/28/2011 5:30:13 PM PDT
by
SampleMan
(Feral Humans are the refuse of socialism.)
To: Chode
when the ipo came out at 33$/sh i thought people must be high to invest in this company
20
posted on
09/28/2011 5:30:32 PM PDT
by
mriguy67
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