Raid The Revenge
Super Member
TRIPLE POST
Oh ****....
Oh ****....
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DOUBLE POST
Here's a little idea I had:
How about Obama puts money into the Chevy Volt project? Wouldn't that help BOTH his environmental plan and the GM car company at the same time?
That's It! Obama is a Commie!
It's all command and control economy from hear on out, baby.
Its obvious with guys like Giethner, Gates, and Bernanke at Treasury, Defense, and the Fed, Obama is a Bolshevik!
I'm sure all hear go to their stockholder meetings religiously and rub elbows with all the BOD members of the companies they hold stock in. So obviously the guy at the top must be the best and the brightest objectively. No Crony Capitalism here.
It is also obvious that management did everything right in the American Auto Industry in the past 3 decades, if it just wasn't for those damn commie union workers being so greedy and wanting to be paid enough to afford to put their kids through college, afford the cars they build, have healthcare for their families, and have a decent pension. How dare they!
Fighting CAFE and safety standards tooth & nail and trying to stretch old techonogy out decades and not embracing economy and ecology as the Japanese and European manufactures did had absolutely nothing to do with GM and Chryslers current plight. Nope, it's all your union neighbor's fault.
Yup, It's obvious from everything Obama has done in the last 70 days that he is a Stalinist. So heed Glenn Becks teary eyed warnings and keep your powder dry because the Commies are coming.
While I agree it was an total smoke screen I totally disagree that we shouldn't be furious over it (if that's what you mean). The story isn't these bonuses, it's the blatant lies from the administration, the treasury, and Chris Dodd, who not only knew about them but specifically wrote them into law. It is absolutely absurd, and apparently a lot of people just swallowed it. Unbelievable. And while all of this was going on the government was quietly inventing $1 trillion dollars. Beck had an excellent point, no one talked about it. Like we all have our heads buried in the sand, we don't want to know what effect it will have. Now Russia and China are aggressively moving to drop the dollar, not just for political reasons, but because we just watered down our entire monetary system, INVENTED A TRILLION DOLLARS OUT OF THIN AIR, and didn't want to perhaps discuss this first. You saw a quick burst of stock market gains that looked good for a moment (further masking the dire straights we are in as a result of these policies) but now that the public is getting a wiff of national socialism, outright hostility to private business, declining value of the dollar, impending hyperinflation, utter uncertainty of what our new in your face style of unconstitutional government attacks on public companies, and the attempts at cap and trade, not only nationally but internationally, which will cripple American industry while throwing gas on the fire for hyperinflation (pun intended), we're in for wild ride.
DOUBLE POST
Here's a little idea I had:
How about Obama puts money into the Chevy Volt project? Wouldn't that help BOTH his environmental plan and the GM car company at the same time?
DOUBLE POST
Here's a little idea I had:
How about Obama puts money into the Chevy Volt project? Wouldn't that help BOTH his environmental plan and the GM car company at the same time?
No what I said is Obama is a fruit loop, that his actions are in line with Chavez or Mussolini.
The President does not, can not, and has absolutely no authority to call for the resignation of a CEO. He can state his opinion, and if they are asking for money from the government, he can place strings on it. The share holders elect the board of directors, they choose the CEO. NOT the president.
Again it is not "those damn union workers" it is those damn UNION leaders that are a part of the problem. My dad is a retired full pension GM union worker. Chevy truck assembly then Corvette assembly. I have seen the crap that was pulled. Intentional sabotage of the vehicles rolling down the line. Cutting lights off of wiring harness hanging waiting to be matched to a car, just dumb ass crap.
See here is the deal, I am not for the bail out. I think Wagoner is a part of the problem. I DO NOT however think that the president has ANY say who is the CEO of any company. That our President now does speaks volumes about his understanding of the world.
Well that could work, but remember, for GM to survive, it needs to build cars that people want to buy, not what the government wants to build. GM has some decent cars out there. I am a Saturn fan, and I think the Astra is the best small car GM has ever made, EVER. The Cobalt SS is one of the best handling cars under $30K, and the Corvette ZR1 proved what GM engineers could do with nothing holding them back. That being said, now for the possible tricky parts...
Scenario 1. Ford (who did not take any taxpayer money) starts to hit it's stride and sell more cars. Now that GM is government owned, will there be subsidies to prevent GM from failing? Tax increases on Ford products to help sell the GM vehicles? Now that the UAW is working for the government, what labor deals will be done with Honda, Toyota, Ford, to increase fairness among auto workers? Who in there right mind will hold on to or buy GM stock? If not monitored carefully, the American auto industry could vanish.
Scenario 2. GM actually recovers from this mess. Then what, do you think the Dems will want to give up their control? What will happen to the executives in place when profits start coming in? What type of taxation will be invented then?
Scenario 3. GM tanks, due to the government forcing them to produce energy efficient cars that no one wants to buy. How much cash will go into a failing system? This is my biggest fear, now that GM is a "peoples car", they can not fail. I feel that strong handed government tactics could kill the company. Remember, it is the product stupid. People have to want to buy GM vehicles, not have them forced on to them.
Only because I cant think of one thing the government has done succesfully with a minimum of scandel, cronyism, and under budget.
That is the part that scares me, if you think GM is inept now, wait till the government takes full control. Mark Twain once said that "History may not repeat itself, but it does rhyme a lot". All of this does seem kind of familiar. Smoot-Hawley Tariff Act anyone?
"Once a man has made a large sum of money, he usually becomes a bad listener". Paul Theroux
Exactly I could not of possibly said it better myself. :cheer::thumbup::rockon::cheer:
....And while all of this was going on the government was quietly inventing $1 trillion dollars. Beck had an excellent point, no one talked about it. Like we all have our heads buried in the sand, we don't want to know what effect it will have. Now Russia and China are aggressively moving to drop the dollar, not just for political reasons, but because we just watered down our entire monetary system, INVENTED A TRILLION DOLLARS OUT OF THIN AIR, and didn't want to perhaps discuss this first.....
Oh, now you are going to go all fiscally conservative! Didn't bother you when Bush was making money out of thin air spending almost a Trillion in Iraq that he didn't make you pay for and kept off budget. That was a freebee.
Or how about the Trillions made out of thin air that your beloved LIBERAL FREE-MARKETING WALLSTREETERS created with their Super-duper Double-down Credit Default Swap Derivative Schmivatives and Kielbasa Sausage Mortgage Backed Securities that caused the entire world financial system to collapse.
Now your going to go all Chicken Little about another Trillion to rebuild bridges and roads and other REAL National assets that will benefit us years down the road and put average Americans to work here, and allow businesses here make money? Obama is not trying to destroy capitalism. He is a capitalist.
And Glenn Beck has a point?(Maybe in front of his IQ number!) Please!
Oh, now you are going to go all fiscally conservative! Didn't bother you when Bush was making money out of thin air spending almost a Trillion in Iraq that he didn't make you pay for and kept off budget. That was a freebee.
Or how about the Trillions made out of thin air that your beloved LIBERAL FREE-MARKETING WALLSTREETERS created with their Super-duper Double-down Credit Default Swap Derivative Schmivatives and Kielbasa Sausage Mortgage Backed Securities that caused the entire world financial system to collapse.
Now your going to go all Chicken Little about another Trillion to rebuild bridges and roads and other REAL National assets that will benefit us years down the road and put average Americans to work here, and allow businesses here make money? Obama is not trying to destroy capitalism. He is a capitalist.
And Glenn Beck has a point?(Maybe in front of his IQ number!) Please!
Oh, now you are going to go all fiscally conservative! Didn't bother you when Bush was making money out of thin air spending almost a Trillion in Iraq that he didn't make you pay for and kept off budget. That was a freebee.
Or how about the Trillions made out of thin air that your beloved LIBERAL FREE-MARKETING WALLSTREETERS created with their Super-duper Double-down Credit Default Swap Derivative Schmivatives and Kielbasa Sausage Mortgage Backed Securities that caused the entire world financial system to collapse.
Now your going to go all Chicken Little about another Trillion to rebuild bridges and roads and other REAL National assets that will benefit us years down the road and put average Americans to work here, and allow businesses here make money? Obama is not trying to destroy capitalism. He is a capitalist.
And Glenn Beck has a point?(Maybe in front of his IQ number!) Please!