Government Motors

klein

Für Meno :)
As the largest stakeholder, the government better buy GM. Wouldn't you purchase from a company that you somewhat own ?
 

klein

Für Meno :)
Do you eat the food that you sell?

Yup, had 4 different dogs today.
All Alberta Beef, Cheap Schneider Wiener (2) and 1 German Bockwurst made into a Currywurst, and 1 Johnsonville Bratwurst !
Probably have a leftover baked potatoe, with leftover smoked porkchop and sauerkraut later for dinner tonight. (I sell them as well).
 

Lue C Fur

Evil member
Wow!!! The Liberal rag, the Washington Post has slammed the Chevy Volt:

GM’s vaunted Volt is on the road to nowhere fast

AS A CANDIDATE for president in 2008, Barack Obama set a goal of getting 1 million all-electric and plug-in hybrid vehicles on the road by 2015. In February 2011, the Obama administration’s Energy Department issued an analysis purporting to show that, with the help of subsidies and tax credits, “the goal is achievable.” This was a paltry claim in the first place, since 1 million cars amount to less than 1 percent of the total U.S. fleet. Yet it is increasingly clear that, despite the commitment of many millions of taxpayer dollars, the United States will not hit Mr. Obama’s target by 2015. A recent CBS News analysis suggested that we’ll be lucky to get a third of the way there.

Read more: GM’s Volt is on the road to nowhere - The Washington Post
 

Lue C Fur

Evil member
Does everyone remember when Obama said "it wont cost taxpayers a dime"???? Does the loony left remember that? Does it upset the loony left that their Messiah lied? Will the lamestream media report? Here is more proof that we got screwed bailing out GM:


The Wall Street Journal released a report today, which indicated that the U.S. Treasury Department is unwilling to sell off its stake in General Motors, because to do so now would lead to a very large loss on the investment for the government.

GM proposed the buyback plan to the Treasury Department, earlier this year.

The Treasury currently holds a 26.5-percent stake in GM, or roughly 500 million shares. WSJ reported Friday that the government would stand to lose about $15 billion if it sold all of its GM stock for the roughly $24 the shares now command. Further, the share price would need to $53 before the Treasury would be able to break even on its investment in the automaker. Will it ever get to 53 bucks????

The newspaper did report that the Treasury might be willing to sell off its GM assets if the share price was in the $30-range. So then we would only loose 10 billion...what a deal!!!

WSJ: Feds turned down GM request to sell its remaining shares [w/video]
 

Babagounj

Strength through joy
[h=2]GM discounts electric Chevrolet Volt up to $10,000[/h]
Discounts run as high as $10,000 per Volt, according to figures from TrueCar.com, an auto pricing website. They include low-interest financing and subsidized leases. Leases have run as cheap as $250 a month
Sales of the $39,995 car have quadrupled this year, and set a monthly record in August. They show that Americans, who have been slow to embrace electric cars, are willing to buy them if prices are low enough.
GM discounts electric Chevrolet Volt up to $10,000

And the mandatory military sales had nothing to do with the increase , lol
 
M

MenInBrown

Guest
As the largest stakeholder, the government better buy GM. Wouldn't you purchase from a company that you somewhat own ?

No...I would not invest in a company losing money. GM is really in trouble...about 2/3 of their vehicles sold were bought by the government. If the government got out now they would lose 15 billion dollars...way to go guys.
 

The Other Side

Well-Known Troll
Troll
No...I would not invest in a company losing money. GM is really in trouble...about 2/3 of their vehicles sold were bought by the government. If the government got out now they would lose 15 billion dollars...way to go guys.

Way to support american manufacturing. Gee, if everyone had your opinion, we'd all be buying japanese cars. take your flag down if you hang one on your porch. Put up the rising sun instead. Seems to suit you.

BUY AMERICAN.

Peace

TOS
 

av8torntn

Well-Known Member
Way to support american manufacturing. Gee, if everyone had your opinion, we'd all be buying japanese cars. take your flag down if you hang one on your porch. Put up the rising sun instead. Seems to suit you.

BUY AMERICAN.

Peace

TOS

What makes you think that you are qualified to tell someone else what to buy? Why do you hate freedom so much? Is it solely because others do not make the same dumb decisions as you?
 

The Other Side

Well-Known Troll
Troll
What makes you think that you are qualified to tell someone else what to buy? Why do you hate freedom so much? Is it solely because others do not make the same dumb decisions as you?

Thats easy, because its time to point out to people how "THEY" are killing america by not supporting it. We have since Reagan, sent our manufacturing overseas without considering what it would do to our country. Today, the country suffers from this exporting of american jobs and then the abandoning of american companies who still make products in the USA.

What proud americans you all must be as you drive your nissans and toyotas.

Peace

TOS
 

BrownArmy

Well-Known Member
What makes you think that you are qualified to tell someone else what to buy? Why do you hate freedom so much? Is it solely because others do not make the same dumb decisions as you?

Dude: (I'm assuming you're a man)...

(I like how you inject the 'why do you hate freedom' argument...always a winner in Absurdistan...)



Here's a particular difference between the 'right' vs. the 'left':

The 'left' thinks that certain things shouldn't be left to market forces, including: clean water, education, access to quality food, etc...

It's a fine and noble idea to let the market sort things out, except the market does a shi88y job of it, generally.

In the ideal right-wing-conservative world, everything important or necessary will just take care of itself.

But, that's not what actually happens.

Your 'invisible hand' has palsy.

???

What are your thoughts on the Eisenhower Interstate Highway System?
 

brett636

Well-Known Member
What are your thoughts on the Eisenhower Interstate Highway System?

You mean the system paid for by the government, but built by private contractors which runs through our country's largest hubs of free commerce with the intention of facilitating it? These things don't build themselves, and without a healthy free economic system providing the funds to the government to allow it to be built there would be no interstate highway system.
 

BrownArmy

Well-Known Member
You mean the system paid for by the government, but built by private contractors which runs through our country's largest hubs of free commerce with the intention of facilitating it? These things don't build themselves, and without a healthy free economic system providing the funds to the government to allow it to be built there would be no interstate highway system.

No, not paid for by the government.

Paid by the citizens of the US.

Government at the time facilitated the organization of the project and allocated the funds (from the populace) to said project.

The way you talk about everything else, I can't help but think that, back in the day, you would have been opposed to said project in the first place.

Big government and all.
 

brett636

Well-Known Member
No, not paid for by the government.

Paid by the citizens of the US.

Government at the time facilitated the organization of the project and allocated the funds (from the populace) to said project.

The way you talk about everything else, I can't help but think that, back in the day, you would have been opposed to said project in the first place.

Big government and all.

And where does the populace get the money? From the success of free enterprise. I can't help but think that, back in the day, you would have opposed such free enterprise that would have financed such a project.

Greedy corporations and all.
 

UpstateNYUPSer(Ret)

Well-Known Member
Way to support american manufacturing. Gee, if everyone had your opinion, we'd all be buying japanese cars. take your flag down if you hang one on your porch. Put up the rising sun instead. Seems to suit you.

BUY AMERICAN.

Peace

TOS

Would you prefer to live in a country where you are told what kind of car you will buy?

(BTW, I love my Nissan Altima)
 

av8torntn

Well-Known Member
The 'left' thinks that certain things shouldn't be left to market forces, including: clean water, education, access to quality food, etc...

I understand why the leftists hate education. An educated populace would never approve of their policies. I do not understand why you guys hate food. If you guys had your way every farm would be on 40 acres with a mule. Wait you might claim a mule adds to global warming or something else crazy.
 
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