Home Forums Hunting & Shooting Hunter's Campfire General Motors still owes U.S. $25 billion

Why would that union or any union be entitled to any federal money at all? I didn't approve it and want mine back.

Union sanctioned theft of the American tax payer appears tobe fine with some on here

How exactly the union sanction the theft of the money?

Just visited our local Chevy lot. About half the trucks there have these in the door frames. Love a Mexrolet someday!

Then you have all the business that supports the supplier base.
Just one big domino effect.
More of it non union than union.
The suppliers of course would be the very last to collect any moneys owed in any kind of bankruptcy
The auto parts suppliers would have been screwed bigtime.
One of the reasons Allan Mulally (Ford President and CEO) tagged along with the dingbat from GM and nardo the dickface from Chrysler.
He knew that putting GM and Chrysler into bankruptcy would have been a blood bath for there parts suppliers and more than likley been the end of Ford as well.Even though Ford didnt need or want money.
You cant build cars with out parts.
And Ford without parts would be in the same boat as GM and Chrysler in short order.
"Herbert Hoover" time, ahla 1929, all over again.
Of course it didnt happen.
The reason it didnt happen was the bail out.
Never forget.
Companies always die from the neck up.
Always.




Catastrophic
Isnt a big or bad enough word to describe how bad it would have been.



dave

You can thank POS re-pub-low-craps serving there corporate masters for the trade deals that allowed that to happen.

dave

Thanks Dave. Knew it was those low life right wing republicrat A$$holes who were to blame.

While you find it tough to wrap your mind around it Dave is correct. Yes clinton put the legislation on the fast track, strong armed some demoncrap hold outs to get the bill passed allowing NAFTA. It was Bush senior who initiated the concept of NAFTA....

Now what you're saying is GM and its subs employ more than 10% of the American work force. LOL you've been reading too much of that union crap.

My family's owned GM vehicles since I can remember. Currently at my house we have three Chevrolets and they are GREAT vehicles. That said, I'm sad to say after this bailout debacle where the marxist and his cronies ignored a thousand years of protocol by not paying off the Bond Holders first, and essentially buying out the Unions, I'll not own anotherone. Looking at Land Cruisers, Q-86s and Sequoias. AS to tnat IDIOTIC comment of 25-30% unemployment had we allowed the auto companies to founder is pure fantasy. In the first place, GM DID file anyway and had they been allowed to fail, they would have merely reconstituted assets and started fresh and wihthout the added burden of the Unions owning a share of the company. But elections have consequences.

People got their bubble, you know?

You really dont have a clue.
And just because it didnt happen.
You can sit back in your smug little world and say its a fantasy.
But you really dont know.

Never figured you for ricers.
But then I wouldnt expect much from anyone who thinks another depression is a good idea



dave

You know he does.

Actually, most of the numbers have been as bad or worse than The Depression.

I call BS too. Just like their BS statement that "unemployment won't rise over 8% if we pass the Obama's stimulus package".

There is ZERO evidence to suggest your numbers, just like if we spend money on Stimulus unemployment will never go above 8%. As to "ricers" never owned one but given most are made here and with non-union thuggery to boot, seems like the way to go. What no comment on how the people who by LAW should have been paid first went to the back of the line and the unions wound up at the front? Clue? where is your degree from and in what discipline?

Buying a new truck this Summer . Your idiotic left wing talking points make it all the more enjoyable I will be buying a non union US Toyota of high quality.


So what happened to that one billion dollars Obama's close friend DEmocrap Corzine stole from middle class Americans.

Will union donations be used to keep him out of prison?

Unemployment numbers during the depression were above 20%.
We didnt land in a full on depression so will never know how bad it could have actually got.
We do know that at the start of the depression the gov. took a very hands off approach.And by the time FDR did all his alphabet soup stuff it was actually to late.Most of the real damage had already been done.

I dont agree at all with how they did the bail out.
The managments of the auto companies and there boards that needed help,should have been sacked.
In the real world if you have a company and miss manage it, you dont get to keep controll or coutinue to run it.
Ford avoided problems because they made the changes they needed to to survive. ie controlling interest owned by the Ford family,to this day.

"As to "ricers" never owned one but given most are made here and with non-union thuggery to boot,"

Well you'll have to send a letter of thank you to your president,
bamabm,
for saving all those non union thugs jobs at all those part suppliers that make parts for all those American made ricers.
Because with out them you would not be able to buy a Land Cruiser, Q-86 or Sequoia.


dave

I bought a new f-250 Power Stroke in 2000, wanted to buy American built, guess where it was built? Mexico

???
New F250 in '99, new F350 in 2000, psd Excursions 2000 and 2002, Kentucky built.

Never thought of saving American jobs as "idiotic".
Or that Corzine had anything to do with autos.
That strap on the tinfoil hat you got on, alittle to tight.?

POS re-pub-low-craps have made some pretty poor choices in the trade deals they had to make serving there corporate masters for a higher stock price.

dave