Why Bankruptcy Is the Best Option for GM

[Tuff Gong]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">....if i recall the context of that conversation was the effect their view woudl have on changing voters minds..i suggested that the vast majority their listeners/viewers were already fimly in that camp anyway </div></div>What if they were just doing <span style="font-family: 'Arial Black'">research</span> like you?

[RichD]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Tuff Gong</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">....if i recall the context of that conversation was the effect their view woudl have on changing voters minds..i suggested that the vast majority their listeners/viewers were already fimly in that camp anyway </div></div>What if they were just doing <span style="font-family: 'Arial Black'">research</span> like you? </div></div> dont think they woudl hear anything to sway them..and i dont think it would be in significant numbers anyway.

[Gen]

Re: Why Bankruptcy Is the Best Option for GM

massa. a wah kinda statement that yuh mek ?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Andrewnaqi</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Witch_on_Wheels</div><div class="ubbcode-body">
I wouldn't buy American for anything in the world.
Nor did I ever...

</div></div>

How foolish, then why do you live in america, you should go live somewhere overseas.
America is too good for you, or is it too xxxxxx for you, Which one?

How unamerican can you get, can you see russia from your house too </div></div>

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">
you view a decline to bailout the auto industry as an attack on the workers? </div></div>

There are so many smoke and mirrors and distractions going on in de name of play dis eedyat game fi de public fi si.

Wi all kno dem get de money ahreddy. Sameting dem did wid de 700 billion.

De game is fi get de public worked up. Have dem clammer bout &quot;fi dem tax money OR fi dem hawd earned tax money&quot; like seh dem actually have any say in how it get use. I guess it was quite alright fi use it to bomb Iraqis though

But tree man come een pan personal company jets an dese liyad politician gwaan like dem nice, like dem nevah get military fi fly dem grasscyaat anyweh

And yuh kno wah, it nuh badda mi one bit dat dem use company jet fi fly bout. When you get to dat level (if any of us ever get up deh) yuh deserve fi travel that way, you've earned it.

No one seh a wudd bout dem tax money bout air force one ar two ar de helicoptah ar de heap a cadillac an suv's in de pre motor cades, but tree man weh run a WORLD WIDE business, not just ya suh, but all bout haffee deal wid a diversion fi dupe de public get dem worked up over foolishness meanwhile joe public (not de plumber) a lose him house an job.

Yes RichD when yuh look at all de tings dese ppl write bout dem always come back to how much de auto workers get paid, how dem benefit dem get, and de health care. Dem will char bout innovation an ting but it always come back tuh de likkle man....screw him.

When Chrysler got a &quot;bailout&quot; money 30 or so years ago the deal was that the workers had to lose some benefits, and pay in order for the deal to go through. WHY? WHY is it the likkle man always haffee suffah fi de biggah one. Even so Lee Iaccoca back den took pay of a dollar a year until tings tunn roun. But still always de likkle man, and dem stir it up till de public even jump pan de workers as well, not realizing seh dem a wukkin class ppl tuh.

It is almost comical to watch but sad at de same time tuh si seh ppl suh fu fool fi nuh si deh is dem against we.

[ILP]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RichD</div><div class="ubbcode-body">
you view a decline to bailout the auto industry as an attack on the workers? </div></div>

There are so many smoke and mirrors and distractions going on in de name of play dis eedyat game fi de public fi si.

Wi all kno dem get de money ahreddy. Sameting dem did wid de 700 billion.

De game is fi get de public worked up. Have dem clammer bout &quot;fi dem tax money OR fi dem hawd earned tax money&quot; like seh dem actually have any say in how it get use. I guess it was quite alright fi use it to bomb Iraqis though <span style="color: #FF0000">who the hell said that? </span>

But tree man come een pan personal company jets an dese liyad politician gwaan like dem nice, like dem nevah get military fi fly dem grasscyaat anyweh

<span style="font-weight: bold">And yuh kno wah, it nuh badda mi one bit dat dem use company jet fi fly bout. When you get to dat level (if any of us ever get up deh) yuh deserve fi travel that way, you've earned it.</span> <span style="color: #FF0000">i dont think so when their workers are struggling to pay their mortgages. </span>

No one seh a wudd bout dem tax money bout air force one ar two ar de helicoptah ar de heap a cadillac an suv's in de pre motor cades, but tree man weh run a WORLD WIDE business, not just ya suh, but all bout haffee deal wid a diversion fi dupe de public get dem worked up over foolishness meanwhile joe public (not de plumber) a lose him house an job.

Yes RichD when yuh look at all de tings dese ppl write bout dem always come back to how much de auto workers get paid, how dem benefit dem get, and de health care. Dem will char bout innovation an ting but it always come back tuh de likkle man....screw him.

When Chrysler got a &quot;bailout&quot; money 30 or so years ago the deal was that the workers had to lose some benefits, and pay in order for the deal to go through. WHY? WHY <span style="font-weight: bold">is it the likkle man always haffee suffah fi de biggah one</span>. <span style="color: #FF0000">please to explain who dis &quot;biggah one&quot; is? </span> Even so <span style="font-weight: bold">Lee Iaccoca back den took pay of a dollar a year until tings tunn roun.</span> <span style="color: #FF0000"> so the corporate guys should tek di sed pay that Lee did or dem should fly round wid di corporate jet cah dem earn it?</span> But still always de likkle man, and dem stir it up till de public even jump pan de workers as well, not realizing seh dem a wukkin class ppl tuh.

It is almost comical to watch but sad at de same time tuh si seh ppl suh fu fool fi nuh si deh is dem against we. </div></div>

mi juss asking cah it seems to me that you are arguing both sides of the fense. the head of GM is not the little man in my opinion. he shouldnt be flying around in the company jet while his workers are scrambling to pay their mortgages. but that is just me.

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

by de biggah one dem mi mean de heads of de corporations, de majore share holders, de economist who always have sittin fi seh, de law makers who a question de big tree heads.

The workers are not having trouble paying their mortgage but the ones who naah no job a dem ha de chubble.

I have a feeling dem nah tek nuh pay cut doe lol

[ILP]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">by de biggah one dem mi mean de <span style="font-weight: bold">heads of de corporations, de majore share holders</span>, de economist who always have sittin fi seh, de law makers who a question de big tree heads.

The <span style="font-weight: bold">workers are not having trouble paying their mortgage</span> but the ones who naah no job a dem ha de chubble.

I have a feeling dem nah tek nuh pay cut doe lol</div></div>




kissteet...neva mind, man.

[Tuff Gong]

Re: Why Bankruptcy Is the Best Option for GM

<span style="font-style: italic">Toby BarlowPosted November 20, 2008 | 11:22 AM (EST)</span>

<span style="font-size: 14pt">Romney's Idiotic Plan for Detroit</span>

For the past couple of weeks I've been pontificating that Obama would have had trouble winning if he had run against Mitt Romney. Unlike McCain, Romney had serious economic credentials and, as a Washington outsider, he wasn't as tied to Bush's record. The past week, however, has reminded me why Romney got trounced by McCain in the first place. He's a freakin' numbskull.

In an op-ed in the Times this week, and again on Good Morning America today, he argues that we should let the Big Three go bankrupt so that they can restructure. Okay, maybe it's a reasonable proposition, but what's his logic?

Well, turns out his father did something similar to help save a car company called AMC. Back in 1954.

And that is why we are all driving AMC cars today.

Well, you might be, if you're driving a Jeep brand, the only nameplate alive from American Motors, which was acquired by Chrysler in the early 80's. Of course, Chrysler never would have been able to buy it if they hadn't had a bailout in 1979. They would have both been gone by now.

But back to Romney's plan, the first thing he'd do is change senior management. The way he sees it, they got us into this mess. Well, actually Mr. Romney, senior management has already changed. The majority of the leadership in Detroit have been sitting at their desks less than two years. They came from companies like Toyota, Boeing, and GE. They came from markets in South America, Europe and Asia, places where our domestic brands have actually been doing pretty well. Romney's ignorance of Detroit's management shows how well he's thought this thing through. Though I get the sense he hasn't really done anything except look at his dad's old photo album (&quot;Aw, there he is with Walter Reuther!&quot

But let's not be coy about the real agenda here. Republicans like Mitt Romney see this as an opportunity to wage war against the UAW. The union vote was a deciding factor in states like Ohio and the GOP sees a chance to make them pay. Forget the fact that the UAW gave up massive concessions in the last negotiations, historic concessions that will put the domestic car companies' costs at par with the imports and save them tons of cash (which they could use to pay back the government loans) this is all about political revenge, plain and simple.

The auto industry has persevered for years despite being a favorite punching bag of both the right and the left. After Rush Limbaugh takes a swing at them, Michael Moore kicks them, then Ralph Nader stomps them and now Romney comes in for the kill. Add to that a credit crunch that was none of their making - your aunt who bought the McMansion in Simi Valley is more responsible than they are - and now they're in serious trouble.

Yet despite all this, they've been doing an excellent job. That may sound funny, but it's true. The cars are better made than they've ever been (Consumer Reports rates Ford on par with Toyota and Honda) and more efficient (Chevy offers more models than Toyota or Honda with mileage of 30 mpg or better.)

The only problem is, like the beautiful girl in the teen movie hidden behind the glasses and the braces, nobody sees how good they really are.

Despite their successes, most of us stopped shopping American, even considering American, a long time ago. You may love the fact that the UAW helped elect Obama, but chances are you're not supporting them when you shop for cars. You may have a &quot;Country First&quot; bumper sticker on your car, but chances are it's an import.

We can complain about the fact that they make SUV's and trucks, but the fact is the imports do too. Toyota would rather sell high profit Tundra trucks than Priuses any day of the week (and those trucks get a lower mpg than Ford's do.) We can say we don't want to our government to lend money to the Big Three, but that government was once perfectly happy to take in tax revenue on the big ticket vehicles they sold. We can say they don't deserve a 25 billion dollar loan, yet for some reason Wall Street gets to play with 700 billion?

There isn't a simple solution. These aren't the 1950's. It's a global landscape with so many interlocking parts, making the manufacturing base of our country as complex as AIG, Fannie Mae, and the Lehman Brothers all put together.

So yes Mitt, having the Big Three go bankrupt may lead to some &quot;restructuring,&quot; but when you think about the local dealers, the suppliers, and all the businesses contingent on their success - somewhere between two million or four million jobs are tied to the domestic car business - your plan stands a good chance of restructuring our economy right into the garbage can.

Just something to think about while you're driving your Gremlin home.

http://www.huffingtonpost.com/toby-barlow/romneys-idiotic-plan-for_b_145194.html

[halfwaytree]

Re: Why Bankruptcy Is the Best Option for GM

My gut feeling is that the $25,000,000,000.00 is not going to save them long term. This whole thing is an act of desperation.

We is screwed! Soon yu house will be worth less than half of what it worth today. Soon yu taxes is gonna skyrocket. Wait till we see people start squatting like they do a yawd.

All this time America has been focused on the &quot;terrorist&quot; living in a cave in God knows where who threaten to bring the country to its knees. Remember the yellow and red alerts? Instead they should have been focusing on the greedy who were making questionable financial dealings.

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

wow, mi cyaan believe mi yeye dem

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Milo Man*</div><div class="ubbcode-body">My gut feeling is that the $25,000,000,000.00 is not going to save them long term. This whole thing is an act of desperation.

We is screwed! Soon yu house will be worth less than half of what it worth today. Soon yu taxes is gonna skyrocket. Wait till we see people start squatting like they do a yawd.

All this time America has been focused on the &quot;terrorist&quot; living in a cave in God knows where who threaten to bring the country to its knees. Remember the yellow and red alerts? Instead they should have been focusing on the greedy who were making questionable financial dealings.

</div></div>

Yes de bank dem, is who dem shouldan check first but dem belong to an elite part of the community who nuh get checked at the door like others.

[Shine_Eye_Girl]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Andrewnaqi</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Witch_on_Wheels</div><div class="ubbcode-body">
I wouldn't buy American for anything in the world.
Nor did I ever...

</div></div>

How foolish, then why do you live in america, you should go live somewhere overseas.
America is too good for you, or is it too ****tty for you, Which one?

How unamerican can you get, can you see russia from your house too </div></div>



Andrew, mek I warn yu....WOW no easy atall enoh

Yu fi pick yu bakkle betta dan dat man....

[Emperah]

Re: Why Bankruptcy Is the Best Option for GM

him nuh ready yet ee

[Shine_Eye_Girl]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body"> him nuh ready yet ee </div></div>


Him no reddi atall .....

Him betta hope seh WOW no si dis caws if shi eva, I sarry feem

[Dr.Dudd]

Re: Why Bankruptcy Is the Best Option for GM

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: TLC_Beauty</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">well mek i tell yuh someting. yessideh was the hearing right ?

all 3 of the executives (or at least 2 can confirm) that dem fly eeen pan private jet, waste a money not to mention carbon footprint

so AA nuh good enuff fi dem \0/

<span style="font-weight: bold">mek all chree a dem guh dead off wasteful </span></div></div>



</div></div> The big poc ture is that those 3 men will be no worst off in their quality of life if they companies do not get the loans.
The wealthy is always well insulated, Gm is the largest car seller inChina and aboit number 2 in India and very big in Brazil. They also have a new plant openning to build saturn in Russia.