GM bail out
11-19-2008, 11:10 AM
#21
Founding Member
Join Date: 11-23-2007
Location: Texas
Posts: 8,210
Where do you think the government loan comes from? From the taxes each and everyone of the the people that actually work in this country pay. Throwing more of MY money down a black hole does NOTHING to fix the problem.
Time for GM to take their medicine like everyone else in this country. The well is dry!
Time for GM to take their medicine like everyone else in this country. The well is dry!
Is anyone really happy with where tax income is spent by our F'd up government. When does the well run dry on self serving congressmen and senators spending it like it grows on trees. Oh that's right we'll just print some more.
Last edited by ChevyMgr; 11-19-2008 at 11:49 AM.
11-19-2008, 11:45 AM
#22
Senior Member
Join Date: 07-23-2008
Location: Peoria, AZ
Posts: 1,148
Do not hope for a bailout. Unions have messed GM and Ford up for years and they are paying for it. They need to change their ways and toss the Unions or they will go under. This is why Japanese companies are doing great along with Wal Mart, Target and Home Depot. No Unions
11-19-2008, 11:47 AM
#23
Senior Member
Join Date: 07-23-2008
Location: Peoria, AZ
Posts: 1,148
Commie. I hope and pray that someone near and dear to you loses everything they have worked for all their life due to people like you without the brains or understanding on just what is going on. GM helped build this great country and has NEVER asked for a handout before and are now stuck in the middle of a bunch of dumb REpulbicans who wanted less Government until no one was left in charge of the cookie jar and now we are in a huge mess. Instead you would rather buy from a foreign country that tried their darndest to bury our country. So now GM and the rest of the Big 3 are stuck in the middle of something they had no part of. They sell 11+ million vehicles a year more than anyone else so they can't be building cars people don't want.
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11-19-2008, 11:49 AM
#24
Senior Member
Join Date: 07-23-2008
Location: Peoria, AZ
Posts: 1,148
I got the email. You know they wouldn't have as big of a problem if the sorry ass UAW was out of the Picture. There half the reason there in this mess. Starting salary is $25hr..Going up to 35-40hr that is insane,not to mention 80% of there health care if covered and being laid off in UAW isn't really being laid off. You and me get laid off we go down to 60% of our Normal take home. They take home 80% of there Normal take home.
Union's are the biggest crock of crap now days. I will always remember what my Grandpa told me when i was younger, He was union for a time mind you. He told me once "Union's are the rise and will be the fall of America. Not i totally understand.
Union's are the biggest crock of crap now days. I will always remember what my Grandpa told me when i was younger, He was union for a time mind you. He told me once "Union's are the rise and will be the fall of America. Not i totally understand.
11-19-2008, 12:58 PM
#25
Senior Member
Join Date: 06-26-2008
Location: Schaumburg, IL
Posts: 201
Where do you think the government loan comes from? From the taxes each and everyone of the the people that actually work in this country pay. Throwing more of MY money down a black hole does NOTHING to fix the problem.
Time for GM to take their medicine like everyone else in this country. The well is dry!
Time for GM to take their medicine like everyone else in this country. The well is dry!
Quit being so selfish and see how the BIG picture will affect EVERYONE, not just you.
If you think a 25 billion dollar loan is costing YOU a lot of money, think of how mus MORE it will affect you if they don't give them a loan.
AGAIN IT IS A LOAN with intrest!
11-19-2008, 01:05 PM
#26
Senior Member
Join Date: 06-26-2008
Location: Schaumburg, IL
Posts: 201
How is it FAIR to the US automaker that foreign cars get imported into our country for FREE, zip, zero, nadda in tarrifs?
Can you even fathom the amount of money our Government COULD make if they imposed a tarrif? Even if it was just $1,000 per car?
How is it fair to the US automaker that to export a car to Japan, there are HUGE tarrifs? (IIRC it nearly 100% of the price of the car)
How is OUR Govermment being fair to the US automaker when foreign car makers can build plants on our soil, where the land is given to the foreign car maker? But US Automakers don't get that luxury . . . Could you imagine the improvements in manufacturing if the US Automaker COULD build new plants with no expence for land?
How is our Government being fair when the foreign car maker is given tax breaks and credits for builting a plant in the US? But US Automakers don't get that luxury . . .
How about the foreign car makers get low or no interest loans to build plants on our soil? Do US makers get that option? NO
How is it fair of our unions to mandate UAW workers in ALL US automaker assembly plants, but not the foreign car manufacture plants on our soil?
Sorry, The Government, the Unions and Americans need to open their eyes on how badly WE screw our own companies over . . .
Can you even fathom the BILLIONS of savings that are being given to the foreign companies, which in turn saves them money, but not given to the US Companies?
And don't even go to the BS line that foreign stuff is better . . .
Can you even fathom the amount of money our Government COULD make if they imposed a tarrif? Even if it was just $1,000 per car?
How is it fair to the US automaker that to export a car to Japan, there are HUGE tarrifs? (IIRC it nearly 100% of the price of the car)
How is OUR Govermment being fair to the US automaker when foreign car makers can build plants on our soil, where the land is given to the foreign car maker? But US Automakers don't get that luxury . . . Could you imagine the improvements in manufacturing if the US Automaker COULD build new plants with no expence for land?
How is our Government being fair when the foreign car maker is given tax breaks and credits for builting a plant in the US? But US Automakers don't get that luxury . . .
How about the foreign car makers get low or no interest loans to build plants on our soil? Do US makers get that option? NO
How is it fair of our unions to mandate UAW workers in ALL US automaker assembly plants, but not the foreign car manufacture plants on our soil?
Sorry, The Government, the Unions and Americans need to open their eyes on how badly WE screw our own companies over . . .
Can you even fathom the BILLIONS of savings that are being given to the foreign companies, which in turn saves them money, but not given to the US Companies?
And don't even go to the BS line that foreign stuff is better . . .
11-19-2008, 02:39 PM
#27
Senior Member
Join Date: 05-26-2006
Location: kankakee, IL
Posts: 266
The folks on here that are against unions are the same ones who post that they lost their job because their boss didn`t like them,slept with someone else,has a relative,etc,etc. Then it`s all Waaah it unfair. One day you have benefits,the next they take it away. Waaah it`s unfair. Your boss screws up but makes you the fall guy and now your loading your belongings into the back of the HHR that you now can`t afford. Waaah it`s unfair. I`ve been working my butt off for my boss and he`s successful but I don`t get a raise. Waaah it`s unfair.
Yes I work for a union business. If i f up,I`ll be fired for it. But it will be for MY actions and not a-hole making me his guinea pig.
Yes I work for a union business. If i f up,I`ll be fired for it. But it will be for MY actions and not a-hole making me his guinea pig.
11-19-2008, 02:58 PM
#28
Senior Member
Join Date: 02-17-2008
Location: NJ
Posts: 287
Which gets paid back with interest . . . so again, this affects you how?
Quit being so selfish and see how the BIG picture will affect EVERYONE, not just you.
If you think a 25 billion dollar loan is costing YOU a lot of money, think of how mus MORE it will affect you if they don't give them a loan.
AGAIN IT IS A LOAN with intrest!
Quit being so selfish and see how the BIG picture will affect EVERYONE, not just you.
If you think a 25 billion dollar loan is costing YOU a lot of money, think of how mus MORE it will affect you if they don't give them a loan.
AGAIN IT IS A LOAN with intrest!
GM never bailed me out nor has anyone else. Damn liberals and their socialist polices are only in it for them selfs. Well so am I, keep you're grimmey hands off my money. Let GM do what every other poorly ran company has had to do in the past, file for protection and work with the courts to solve the underlying issues or go belly up.
11-19-2008, 03:01 PM
#29
Senior Member
Join Date: 02-17-2008
Location: NJ
Posts: 287
How is it FAIR to the US automaker that foreign cars get imported into our country for FREE, zip, zero, nadda in tarrifs?
Can you even fathom the amount of money our Government COULD make if they imposed a tarrif? Even if it was just $1,000 per car?
How is it fair to the US automaker that to export a car to Japan, there are HUGE tarrifs? (IIRC it nearly 100% of the price of the car)
How is OUR Govermment being fair to the US automaker when foreign car makers can build plants on our soil, where the land is given to the foreign car maker? But US Automakers don't get that luxury . . . Could you imagine the improvements in manufacturing if the US Automaker COULD build new plants with no expence for land?
How is our Government being fair when the foreign car maker is given tax breaks and credits for builting a plant in the US? But US Automakers don't get that luxury . . .
How about the foreign car makers get low or no interest loans to build plants on our soil? Do US makers get that option? NO
How is it fair of our unions to mandate UAW workers in ALL US automaker assembly plants, but not the foreign car manufacture plants on our soil?
Sorry, The Government, the Unions and Americans need to open their eyes on how badly WE screw our own companies over . . .
Can you even fathom the BILLIONS of savings that are being given to the foreign companies, which in turn saves them money, but not given to the US Companies?
And don't even go to the BS line that foreign stuff is better . . .
Can you even fathom the amount of money our Government COULD make if they imposed a tarrif? Even if it was just $1,000 per car?
How is it fair to the US automaker that to export a car to Japan, there are HUGE tarrifs? (IIRC it nearly 100% of the price of the car)
How is OUR Govermment being fair to the US automaker when foreign car makers can build plants on our soil, where the land is given to the foreign car maker? But US Automakers don't get that luxury . . . Could you imagine the improvements in manufacturing if the US Automaker COULD build new plants with no expence for land?
How is our Government being fair when the foreign car maker is given tax breaks and credits for builting a plant in the US? But US Automakers don't get that luxury . . .
How about the foreign car makers get low or no interest loans to build plants on our soil? Do US makers get that option? NO
How is it fair of our unions to mandate UAW workers in ALL US automaker assembly plants, but not the foreign car manufacture plants on our soil?
Sorry, The Government, the Unions and Americans need to open their eyes on how badly WE screw our own companies over . . .
Can you even fathom the BILLIONS of savings that are being given to the foreign companies, which in turn saves them money, but not given to the US Companies?
And don't even go to the BS line that foreign stuff is better . . .
Have a nice day.
11-19-2008, 03:08 PM
#30
Senior Member
Join Date: 02-17-2008
Location: NJ
Posts: 287
Our Senators have lots of pet projects that our tax dollars would be better spent on like, endangered tadpoles, highways to nowhere, $1000 toilets etc.....
Is anyone really happy with where tax income is spent by our F'd up government. When does the well run dry on self serving congressmen and senators spending it like it grows on trees. Oh that's right we'll just print some more.
Is anyone really happy with where tax income is spent by our F'd up government. When does the well run dry on self serving congressmen and senators spending it like it grows on trees. Oh that's right we'll just print some more.
So how is the fact that they waste money on other stupid things any justification for wasting $25,000,000,000.00 on a company that most likely will declare bankruptcy away? What are they putting up to guarantee the loan? Why won't the banks give them any more money?
BECAUSE THE AUTOMAKERS ARE A VERY BAD RISK WITH LITTLE CHANCE TO SURVIVE IN THEIR CURRENT FORM!