GM "Repays" Gov Loan 5 Years Ahead of Schedule
#162
You know, I just have to wonder what the mentality is of someone who constantly ***** on working class people. "Union workers are lazy thugs who want a handout" etc. Do you know anyone in a union? If you did you might find out they are hard working people who want a better life, and don't buy into your right-wing Social Darwinist bullshit that says you should be a wage slave all your life, and if you don't make enough money, then you deserve to die. Your ideology is inhuman. It is the law of the jungle.
And I gather the sense that you believe corporations are owed more by their workers and the workers deserve less pay.
After all, corporations are people too, right?
They do so in addition to "collective bargaining" with the government.
My analogy rang true just fine, you're just too blinded by your own inability to think or reason that you didn't see it.
So you're saying it's harder to get elected without the help of a party? Kind of like how it's harder to get higher wages without the help of a union?
I thought "equal pay for equal work" was about giving women the save wage as men... which I would imagine you oppose as well.
Because here's how it goes... again, shouldn't have to explain this, but oh well:
(Non-union)
Worker: I'd like a raise.
Manager: No.
(Union)
Union rep: We'd like to negotiate for higher wages.
Manager: Let's see if we can work something out.
What is your opposition to workers organizing? Your bullshit "rugged individualism" is a joke. Workers can only improve their situations if they work together. The individual worker has NO ability to get better working conditions.
If your ignorance weren't so disheartening then it would also be funny...
So you "loled" when you read about union reps being assaulted. I suppose that is what you would do.
He was against unionization for the same reason all tyrants oppose democracy. They want total control.
Yes, Henry Ford was so benevolent. He knew better than his workers. He knew so much more that he intimidated them into seeing it his way. Sounds like a benevolent leader to me.
Sounds like more of a business decision to me than being a humanitarian.
Ever heard of the Battle of the Overpass?
Ignorant ignorant ignorant
The fact is that unions were fighting for 8 hour days LONG before Ford got onboard.
http://en.wikipedia.org/wiki/Eight-hour_day
After all, corporations are people too, right?
So you're saying it's harder to get elected without the help of a party? Kind of like how it's harder to get higher wages without the help of a union?
Why do you ask? You haven't heard of such a thing as "Equal pay for equal work?" Their version of equal may not fully meet the definition you expect. Typically, however, union members are paid the same based on time on the job. However, that "task" was tackled by the US ARMY during the Civil War...
(Non-union)
Worker: I'd like a raise.
Manager: No.
(Union)
Union rep: We'd like to negotiate for higher wages.
Manager: Let's see if we can work something out.
What is your opposition to workers organizing? Your bullshit "rugged individualism" is a joke. Workers can only improve their situations if they work together. The individual worker has NO ability to get better working conditions.
Here's a clue... Read it and like I did when I read your comment... http://corporate.ford.com/news-cente...5-dollar-a-day
He was against unionization for the same reason all tyrants oppose democracy. They want total control.
Henry Ford did this in January, 1914... At the time, the typical wage was $2 and change per day... He more than doubled it and, just for fun I suppose, also dropped the work day down to 8 hours(from 9)... There was a reason for that, which is simple... 24hrs a day, 2 shifts at 8hrs left room for a 3rd shift...
It also saved his company millions and more over time. Fewer people quit, called in sick, left early, etc. because the pay was so good, it was worth it to them to hang in there.
It also saved his company millions and more over time. Fewer people quit, called in sick, left early, etc. because the pay was so good, it was worth it to them to hang in there.
Unions had nothing to do with these changes. The UAW wasn't even formed until 1935. They did indeed "butt heads" with Henry Ford, etc. because, as opposed to what you said, THE UNION was loaded with thugs. It took them until 1941 to get Ford to contract with them and that hardly helped any worker he had, since he was already offering so much of the union demands to his workers.
The fact is that unions were fighting for 8 hour days LONG before Ford got onboard.
http://en.wikipedia.org/wiki/Eight-hour_day
#163
Union workers are'nt thugs. Its the union leaders that are thugs. They will drive up labor and benifits until the company cant be profitable anymore....I.E. GM and the only time the will accept current rates for longer is if raising rates will mean everyone is flat up out of a job.
Dont believe everything your union rep says. I dont know why you would want somone else to represent you anyways. Are you scared you are not worth the pay?
Dont believe everything your union rep says. I dont know why you would want somone else to represent you anyways. Are you scared you are not worth the pay?
#164
Keep this in mind 10 years from now when the Fed is called upon to bail out the health insurance industry, due to Obamacare bankrupting the game. They run a shitty practice too, but they are too big to fail...
#165
Totally against the bailouts also, let them fail and come back stronger on their own. My last 5 cars have been GM and they are my last. Bought a new Endeavor for the wife because it came with a 100,000mi bumper to bumper warranty.
GM did pay back the "loan" but out of the 50billion they got to finance their bankruptcy only 7 billion was considered a pure loan at only 7% interest. Then the Obama administration put 13 billion in an escrow account so GM could pay it back. So GM didn't really pay back the "loan" from it's own earnings. But they did put out a lot of commercials to make you think so.
Unions are the closest thing to communism in this country because they reward the worst workers from the labors of the best. I've worked with dozens of union guys in the trades and 90% of them are lazy bums.
GM did pay back the "loan" but out of the 50billion they got to finance their bankruptcy only 7 billion was considered a pure loan at only 7% interest. Then the Obama administration put 13 billion in an escrow account so GM could pay it back. So GM didn't really pay back the "loan" from it's own earnings. But they did put out a lot of commercials to make you think so.
Unions are the closest thing to communism in this country because they reward the worst workers from the labors of the best. I've worked with dozens of union guys in the trades and 90% of them are lazy bums.
#166
Union workers are'nt thugs. Its the union leaders that are thugs. They will drive up labor and benifits until the company cant be profitable anymore....I.E. GM and the only time the will accept current rates for longer is if raising rates will mean everyone is flat up out of a job.
Dont believe everything your union rep says. I dont know why you would want somone else to represent you anyways. Are you scared you are not worth the pay?
Dont believe everything your union rep says. I dont know why you would want somone else to represent you anyways. Are you scared you are not worth the pay?
There's so much anti-union propaganda in American society, with good reason - corporations hate democracy in the workplace. Unfortunantly this propaganda is in full force in this thread. Union reps aren't thugs unless you're talking about the Teamsters back in the day. Do unions get everything right? Certainly not - the UAW supported the Vietnam War for example. Is that an argument against unions, no.
Contrary to what corporations want you to believe, unions aren't criminal gangs that invade your workplace, extort dues out of the workers, and bully the managers into giving the union bosses everything they want. That's just not how it works. Everyone I know who's been in a union says it was worth it, and it got them better wages. Just take a look at this:
As unions have declined, so has the working class.
#167
You know, I just have to wonder what the mentality is of someone who constantly ***** on working class people. "Union workers are lazy thugs who want a handout" etc. Do you know anyone in a union? If you did you might find out they are hard working people who want a better life, and don't buy into your right-wing Social Darwinist bullshit that says you should be a wage slave all your life, and if you don't make enough money, then you deserve to die. Your ideology is inhuman. It is the law of the jungle.
Only MORONS believe that "right-wingers" want others to die for any given reason(aside from crimes), because they didn't make enough money or otherwise. Lunatics from the left spend too much time spreading idiotic lies and sadly, millions of union workers actually fall for it as if it's true. PAY ATTENTION for a moment... If it sounds like it's ACTUALLY crazy... A left-wing loon made it up and those conservative people all around you ... DIDN'T... Put yourself on a realistic level for a minute... Do you REALLY think anyone you know wants you dead because you aren't intelligent enough to manage your income? Of course not.
Conservatives want a better life too, but are generally more than willing to actually work very long and difficult hours to get it. One reason is, they don't tend to have unions telling them to band together to fight(physically in too many cases) for more stuff for less work. Move along.
And I gather the sense that you believe corporations are owed more by their workers and the workers deserve less pay.
After all, corporations are people too, right?
They do so in addition to "collective bargaining" with the government.
My analogy rang true just fine, you're just too blinded by your own inability to think or reason that you didn't see it.
Regardless, your analogy was GARBAGE because you were comparing two things, so radically different, they cannot logically be compared. HOWEVER, since you did and since you think it's "ringing true," answer me this... Why don't you UNION MEMBERS prove just how PATRIOTIC you are and work for the pay of an E4 in our military???? You think you have it rough, DO YA? Go look into what those actual patriots have to put up with daily.
They typically work MUCH harder than any union employee and for far less pay!
How's that analogy looking now, oh highly intelligent one?????
There's why I dislike debating "pro union" in a nutshell. They're typically woefully unprepared for my level of knowledge... Get a life AND an education, lest you appear as a buffoon regularly in this kind of debate!
So you're saying it's harder to get elected without the help of a party? Kind of like how it's harder to get higher wages without the help of a union?
See... It's terribly easy to rip your argument to shreds... You haven't even considered actually thinking about it on your own. You decided at some point, to RELY on someone ELSE thinking it over for you... You'll never beat someone like me with that mindset... ever.
I thought "equal pay for equal work" was about giving women the save wage as men... which I would imagine you oppose as well.
Because here's how it goes... again, shouldn't have to explain this, but oh well:
(Non-union)
Worker: I'd like a raise.
Manager: No.
(Union)
Union rep: We'd like to negotiate for higher wages.
Manager: Let's see if we can work something out.
(Non-union)
Worker: I'd like a raise.
Manager: No.
(Union)
Union rep: We'd like to negotiate for higher wages.
Manager: Let's see if we can work something out.
Correct, you shouldn't have to explain... you should know better by now.
What is your opposition to workers organizing? Your bullshit "rugged individualism" is a joke. Workers can only improve their situations if they work together. The individual worker has NO ability to get better working conditions.
Workers can only improve their situations and cannot get better working conditions UNLESS they work together??... Hmm... Tell Bill Gates, Steve Jobs, Warren Buffet, and MILLIONS of other millionaires who AREN'T union members!
If your ignorance weren't so disheartening then it would also be funny...
So you "loled" when you read about union reps being assaulted. I suppose that is what you would do.
http://www.youtube.com/watch?v=hznSuacEN_I
http://www.youtube.com/watch?v=zm_Fl...eature=related
http://www.youtube.com/watch?v=tzxej...eature=related<~ Note the sign in the opening, in his right hand... then look at the one in his right and ask yourself if that man is "normal" by any standard?? He has trouble using the correct words, even as simple as "brakes" (he meant breaks, but couldn't quite pull it off because, no doubt, he's the intelligent one).
http://www.youtube.com/watch?v=WcCHh...eature=related
http://www.youtube.com/watch?v=fzTeA...eature=related <~perhaps the funniest of all! Teacher to TEA PARTY member: "How are teachers gonna create their own living? Tea party member, "If you're such a good teacher, how come you can't answer that for yourself?" The lady at the end is something else, claiming she doesn't even know a union member... Yeah, that's believable...
The list goes on and on... Union members are TYPICALLY the aggressors, not the victim.
He was against unionization for the same reason all tyrants oppose democracy. They want total control.
Yes, Henry Ford was so benevolent. He knew better than his workers. He knew so much more that he intimidated them into seeing it his way. Sounds like a benevolent leader to me.
Sounds like more of a business decision to me than being a humanitarian.
Ever heard of the Battle of the Overpass?
Ignorant ignorant ignorant
The fact is that unions were fighting for 8 hour days LONG before Ford got onboard.
#168
There's nothing wrong with representation, it's what our whole democracy is based on.
It has nothing to do with being afraid, it's about understanding the limits of what one worker can bargain for. Collective bargaining is much more effective in achieving better working conditions, it's just a fact.
As unions have declined, so has the working class.
#169
I've known hundreds, maybe thousands of union workers. None of them EVER told me they wanted to work hard... I'm talking about guys who retired in the 1980's and those who worked until the early 2000's. Some for the UAW and some for the CWA. They all want a better life, better pay, better benefits and none held back on telling me that... Still, none ever said, "Ya know, I wanna work HARDER this year! I wanna see my company more profitable!" Nope, they just DON'T think like that. Ya know who DOES? People who own their own business and those who don't have a union to make certain they keep their job no matter how poorly they do said job.
Only MORONS believe that "right-wingers" want others to die for any given reason(aside from crimes), because they didn't make enough money or otherwise. Lunatics from the left spend too much time spreading idiotic lies and sadly, millions of union workers actually fall for it as if it's true. PAY ATTENTION for a moment... If it sounds like it's ACTUALLY crazy... A left-wing loon made it up and those conservative people all around you ... DIDN'T... Put yourself on a realistic level for a minute... Do you REALLY think anyone you know wants you dead because you aren't intelligent enough to manage your income? Of course not.
CNN: "Are you saying society should just let him die?" Conservatives: "YEAH!"
Conservatives want a better life too, but are generally more than willing to actually work very long and difficult hours to get it. One reason is, they don't tend to have unions telling them to band together to fight(physically in too many cases) for more stuff for less work. Move along.
Who invented the 4 wheeled, combustion engined automobile? Who invented the assembly line for said autos? Now... do you think the people working for those fellas should make MORE than the people who actually thought it through and built it from nothing AND THEN offered a JOB to those who earn less? Of course you do, but that's because you've been trained to think backward while looking forward... to someone else inventing something to make your life easier...
This, from the same guy who asked why corporations can't do something he knows they can... from the same guy who thinks conservative Americans want him to die if he can't manage his income... because a union rep TOLD HIM SO... Forgive me, but you don't have any clout with me at present.
Regardless, your analogy was GARBAGE because you were comparing two things, so radically different, they cannot logically be compared. HOWEVER, since you did and since you think it's "ringing true," answer me this... Why don't you UNION MEMBERS prove just how PATRIOTIC you are and work for the pay of an E4 in our military???? You think you have it rough, DO YA? Go look into what those actual patriots have to put up with daily.
My opposition is simple enough... Unions have caused far too many American companies to NOT BE American companies anymore. Remember when the last television was made in America? Of course you don't because you weren't alive yet... That happened for 2 reasons. #1, governmental intervention(they legalized unions, ya know). #2, Demanded WAGES!
You don't know this, but the reality is, those actually ASSAULTING others ... ARE UNION MEMBERS!!!
http://www.youtube.com/watch?v=hznSuacEN_I
http://www.youtube.com/watch?v=zm_Fl...eature=related
http://www.youtube.com/watch?v=tzxej...eature=related<~ Note the sign in the opening, in his right hand... then look at the one in his right and ask yourself if that man is "normal" by any standard?? He has trouble using the correct words, even as simple as "brakes" (he meant breaks, but couldn't quite pull it off because, no doubt, he's the intelligent one).
http://www.youtube.com/watch?v=WcCHh...eature=related
http://www.youtube.com/watch?v=fzTeA...eature=related <~perhaps the funniest of all! Teacher to TEA PARTY member: "How are teachers gonna create their own living? Tea party member, "If you're such a good teacher, how come you can't answer that for yourself?" The lady at the end is something else, claiming she doesn't even know a union member... Yeah, that's believable...
The list goes on and on... Union members are TYPICALLY the aggressors, not the victim.
http://www.youtube.com/watch?v=hznSuacEN_I
http://www.youtube.com/watch?v=zm_Fl...eature=related
http://www.youtube.com/watch?v=tzxej...eature=related<~ Note the sign in the opening, in his right hand... then look at the one in his right and ask yourself if that man is "normal" by any standard?? He has trouble using the correct words, even as simple as "brakes" (he meant breaks, but couldn't quite pull it off because, no doubt, he's the intelligent one).
http://www.youtube.com/watch?v=WcCHh...eature=related
http://www.youtube.com/watch?v=fzTeA...eature=related <~perhaps the funniest of all! Teacher to TEA PARTY member: "How are teachers gonna create their own living? Tea party member, "If you're such a good teacher, how come you can't answer that for yourself?" The lady at the end is something else, claiming she doesn't even know a union member... Yeah, that's believable...
The list goes on and on... Union members are TYPICALLY the aggressors, not the victim.
So? He still DID IT and NOBODY from or in a union had a single thing to do with it, CONTRARY to what the union thugs tell you. It's RECORDED HISTORY and guys like you simply think that it must be wrong because you've been told unions created... They created 1 thing, hardship for millions! There was a time for unions, but that time has been gone a very long time.
#170
I'm right here. I didn't support the bail outs, I still don't. Bad businesses should fail. New businesses will take their place. Now that we have bailed out one industry (two, counting banks), the Federal Government now has the obligation to bail out all industries who run with a shitty business plan. So, you are in favor of rewarding failure.
Keep this in mind 10 years from now when the Fed is called upon to bail out the health insurance industry, due to Obamacare bankrupting the game. They run a shitty practice too, but they are too big to fail...
Keep this in mind 10 years from now when the Fed is called upon to bail out the health insurance industry, due to Obamacare bankrupting the game. They run a shitty practice too, but they are too big to fail...
You would welcome the end of millions of jobs, permanently. People who work at dealerships, manufacturing plants, auto parts stores, and parts produces would all be out of work because the big 3 went under. Did you know every other industrialized country in the world also bailed out their auto companies?
There was the bank bailout, the auto bailout, and there was the stimulus, which was meant to help businesses and the general population and stimulate the economy. The stimulus prevented us from sinking into a depression, it kept us afloat, merely in a recession.
Now that GM has been bailed out, they have repaid all their loans and sell more cars/trucks than any other company in the world. They are back on top and producing jobs right here in America, growing our economy. You look out in the country and think the economy is sluggish and sometimes grim, imagine what it'd be like without the auto industry bailout, much much worse.
#171
Businesses should fail and let new one's take their place. Do you have any idea how competitive the world auto market is? If the big 3 HAD fallen, there would definitely be some companies to take their place, all the Japanese and European ones, but no American auto company would sprout up to take their place.
You would welcome the end of millions of jobs, permanently. People who work at dealerships, manufacturing plants, auto parts stores, and parts produces would all be out of work because the big 3 went under. Did you know every other industrialized country in the world also bailed out their auto companies?
There was the bank bailout, the auto bailout, and there was the stimulus, which was meant to help businesses and the general population and stimulate the economy. The stimulus prevented us from sinking into a depression, it kept us afloat, merely in a recession.
Now that GM has been bailed out, they have repaid all their loans and sell more cars/trucks than any other company in the world. They are back on top and producing jobs right here in America, growing our economy. You look out in the country and think the economy is sluggish and sometimes grim, imagine what it'd be like without the auto industry bailout, much much worse.
You would welcome the end of millions of jobs, permanently. People who work at dealerships, manufacturing plants, auto parts stores, and parts produces would all be out of work because the big 3 went under. Did you know every other industrialized country in the world also bailed out their auto companies?
There was the bank bailout, the auto bailout, and there was the stimulus, which was meant to help businesses and the general population and stimulate the economy. The stimulus prevented us from sinking into a depression, it kept us afloat, merely in a recession.
Now that GM has been bailed out, they have repaid all their loans and sell more cars/trucks than any other company in the world. They are back on top and producing jobs right here in America, growing our economy. You look out in the country and think the economy is sluggish and sometimes grim, imagine what it'd be like without the auto industry bailout, much much worse.
#172
It's almost like some of you guys want the economy to fail and do worse than it already is.
#173
CNN: "Are you saying society should just let him die?" Conservatives: "YEAH!"
NOTE: That one person said something... You've got 1 audio tape of a moron... I showed 5 video tapes of left-wing genius wonders and you blow it off as if I was personally acting in every effort to make you believe some falsehood...
Reality is, those "union supporters" tend to be the ones ATTACKING other people over words... They're mental midgets and they aim to prove it at any and every opportunity!
Yeah yeah you guys work hard, keep telling yourself that and you'll feel all warm and fuzzy inside. Doesn't make it true though.
Never said such a thing, please live in the real world.
Unions haven't told me ****, I do my own thinking. I don't just repeat what Rush Limbaugh and Sean Hannity tell me.
Not a union member sir. I just care about my fellow man, unlike you.
Keep on living in your fantasy world, ignorance is bliss after all.
People work hard and apply themselves their whole life... most don't ever strike it rich. Again, fantasy world. Not everyone can be rich, no matter how hard they work.
In your idea of a perfect world it may seem wrong. Fact is, not everyone can be rich with money. If we leave America to folks like you, we'll ALL be poor! Since we all know not everyone can be rich, ask yourself why you think it's so damned important to GIVE more of OTHER PEOPLEs money away??? If you're so concerned about the poor union worker, give them your money!
Your arguments have no bearing on reality, they're all based in a fantasy world where everyone is perfectly rewarded for their work and those who are lazy are punished.
Case in point: Wall Street bankers run their companies into the ground, then are awarded with record bonuses. HOW DO YOU EXPLAIN THIS?
Again more fantasy world. Not everyone gets paid a living wage by "asking nicely." Not how the world works.
No, those companies have gone overseas because the workers in China are damn near SLAVES. So you want workers in America to be paid less than workers in China? Plus there's the whole currency manipulation thing, but I guess you don't think that plays a role in world trade?
ALEC is a union. A union that represents corporate interests. And you say rich people don't join unions?
ALEC (American Legislative Exchange Council) has roughly 2000 members... Not much of a union.
Yeah the old man I know who's a union worker at Philip Morris is a thug. You're right, all union workers are thugs, you got me on that one.
I even capitalized it so you'd see the emphasis and understand. Still, you failed. "TYPICALLY" has a meaning. Look it up if you must.
The vast majority of union members aren't thugs. However, when the union people meet with non-union Americans and the topic has anything to do with politics(union= politics), the thugs in the crowd will almost invariably be wearing union logos! I only used 5 videos(not that you saw them all), but there are plenty more. If you had watched them all, I'm fairly certain you'd have had something specific to say about 1 of them.
No one should have TOTAL control, there should be an agreement between the employer and the employee. What you're arguing for is called serfdom. There's a reason why we did away with it.
If I hire you to mow my lawn because I don't have a mower, time, or willingness to cut my own yard, guess what... I'm the boss! There will be no question of that, ever. The reality is, too many Americans anymore have decided as you have, that everyone is supposed to get along and make friends and help everyone else from the goodness of their heart... it doesn't work out. It never did. It never will.
America is a nation of sissies? Damn, you're a patriot.
Unions fought for it long before he got onboard. Please learn history.
In a nutshell, everything you deem "not possible except my way" seems to be a fantasy world to you... Well, allow me to be the 1st to formally welcome you to The United States of America! Get used to the hardships because now that you're outta school, the real world begins. With your current attitude, I'm not convinced you won't end yourself prior to 40, but I'll pray for you just the same. The good news is, you're as blissful as they get!
#174
#175
Businesses should fail and let new one's take their place. Do you have any idea how competitive the world auto market is? If the big 3 HAD fallen, there would definitely be some companies to take their place, all the Japanese and European ones, but no American auto company would sprout up to take their place.
Do you not know that there have been several American automobile companies during the last 100+ years? Most of them failed... many were then taken over as scrap by the big 3, or outright built into giants themselves. ALL those companies started somewhere.
You would welcome the end of millions of jobs, permanently. People who work at dealerships, manufacturing plants, auto parts stores, and parts produces would all be out of work because the big 3 went under. Did you know every other industrialized country in the world also bailed out their auto companies?
There was the bank bailout, the auto bailout, and there was the stimulus, which was meant to help businesses and the general population and stimulate the economy. The stimulus prevented us from sinking into a depression, it kept us afloat, merely in a recession.
Now that GM has been bailed out, they have repaid all their loans and sell more cars/trucks than any other company in the world.
They are back on top and producing jobs right here in America, growing our economy.
You look out in the country and think the economy is sluggish and sometimes grim, imagine what it'd be like without the auto industry bailout, much much worse.
#176
Tell us how you know this? Have you seen it happen several times before? No? So why couldn't other Americans have made the purchase? Why could no American companies move into the empty facilities and restart them? The answer is, they COULD! As for "the big 3" falling, Ford was evidently not even close. Some said Ford execs considered buying some of the others, if the 2 had shut down.
Do you not know that there have been several American automobile companies during the last 100+ years? Most of them failed... many were then taken over as scrap by the big 3, or outright built into giants themselves. ALL those companies started somewhere.
Do you not know that there have been several American automobile companies during the last 100+ years? Most of them failed... many were then taken over as scrap by the big 3, or outright built into giants themselves. ALL those companies started somewhere.
Auto parts stores? They'd be BOOMING! The fact is, GM went bankrupt and, had it not been for government stupidity, GM had a shot at being even better than it is, having restructured AS LAW ALLOWS in the 1st place! Odds are, more people would be back to work because GM would've been able to settle debt and redo contracts. They could've saved billions on their own.
Again... PROVE IT! You can't, so don't even try.
WRONG! GM still owes some 25-34 BILLION DOLLARS, depending on whom you ask, mostly to "The American people." They have paid off a SINGLE rather small(all things considered) loan. 8.1 billion is what percentage of 52 billion... There ya go...
WRONG! GM still owes some 25-34 BILLION DOLLARS, depending on whom you ask, mostly to "The American people." They have paid off a SINGLE rather small(all things considered) loan. 8.1 billion is what percentage of 52 billion... There ya go...
When is the last time you know GM hired? They laid off 1,300 workers recently and overall, some 65,000. Most, but not all of their recent hiring has been done OUTSIDE of America, like it and believe it or not.
I can imagine that! It would be just like it was when I was a kid... People went into business and sometimes failed... Life ALWAYS moved on and it always will.
I can imagine that! It would be just like it was when I was a kid... People went into business and sometimes failed... Life ALWAYS moved on and it always will.
When you were a kid the big 3 were still around, and they still dominated. If the entire American auto industry had collapsed, we would have lost millions of jobs that would never come back, and if they ever did return it would not be for decades. That would send us into a depression and lose the last manufacturing edge the United States has on the rest of the world. Because of the bailout GM is back on top, and Chrysler is growing faster than it has in decades. Both companies are stronger than they have been in years, and our manufacturing sector is still alive thanks to the bailout.
#177
Okay Itllrun, we get it. You hate unions. You hate GM. You hate Democrats. You have NO facts to back up anything you say, you have your own outdated, backwards ideology and some YouTube videos of union members being ******. And yet when I post a video of right-wingers acting like fools you say they're "plants." Give. Me. A. *******. Break. I can no longer sustain an argument with someone who has no interest in rational discussion. It's like arguing with a child.
I'll leave you with some words of wisdom from George Carlin, may he rest in peace.
http://www.youtube.com/watch?v=acLW1vFO-2Q
I'll leave you with some words of wisdom from George Carlin, may he rest in peace.
http://www.youtube.com/watch?v=acLW1vFO-2Q
#178
Can you name any American companies that could move in and even in the next 25 years replace anything close to the sector of the economy and amount of jobs the big 3 held together? No. Even if there was a company, it would take over a generation before they manifested, and even then it'd be highly unlikely.
That said, it was nearly 1 man who bought Chrysler... If Bill Gates or Warren Buffet wanted in, either could've put up the cash and kept things moving almost 100%. Thankfully, and sadly, neither is that stupid.
I don't see your logic here at all. GM was not just going bankrupt, they were going completely under with little chance of ever recovering, the same with Chrysler.
Now then, the reality is, when a company file "bankruptcy" they are actually filing for "bankruptcy protection" and if they file the correct paperwork, they can almost instantly ELIMINATE most of their bills and ALL of their contracts. At that point, they begin their restructuring process. It's too complicated to explain here, but it seems you think when a company files for bankruptcy, they simply shut and lock the doors and walk away. That's rarely going to happen to any corporation(it does, but very rarely).
I don't know who you get your news from, but unless you are disputing the article that this thread was started on, you're pulling it out of thin air.
I already added the quote from the latest article put up here. THAT is what got me cried to in the 1st place.
Read the article, it said, "KANSAS CITY, KANSAS – General Motors Company Chairman and CEO Ed Whitacre today announced that GM has made its final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, paying back its government loans in full, ahead of schedule." If that isn't proof, I don't know what is.
http://www.foxnews.com/politics/2010...bailout-money/
If you had read the article it notes that they have already begun rehiring within the last year. "Since the launch of the new GM last July, the company has announced investments of more than $1.5 billion at 20 facilities in the U.S. and Canada. These investments restored or created more than 7,500 jobs, and they demonstrate a strong commitment to GM's future and to the United States and Canada." Notice it also says to facilities in the United States and Canada.
http://money.cnn.com/news/storysuppl...ailouttracker/
http://abcnews.go.com/blogs/politics...ost-taxpayers/
If you were even remotely up to date on the auto industry, you'd know that GM laid off some 1,300 workers from the Hamtranck(sp) facility(where they build the VOLT) because VOLT sales were so low. Last month, VOLT picked up sales and GM sold like 2300... While that number sucks, it's by far the best month yet, fleet sales or not. GM announced it would bring back those 1300 workers 1 week early... Just this week, I think.
When you were a kid the big 3 were still around, and they still dominated. If the entire American auto industry had collapsed, we would have lost millions of jobs that would never come back, and if they ever did return it would not be for decades.
That would send us into a depression and lose the last manufacturing edge the United States has on the rest of the world. Because of the bailout GM is back on top, and Chrysler is growing faster than it has in decades. Both companies are stronger than they have been in years, and our manufacturing sector is still alive thanks to the bailout.
#179
George was a comedian (the best at that) that made a living off the american dream. LOL if you dont see the irony of a rich man who did it all by himself telling you the american dream is a crock of ****, then you probably need a union.
Its almost as dumb as Rage Against The Machine...saying how they hate the man. LMAO the man and America is what made them huge and rich. Thats not fashionable so thats not what they sing about. Its really a no brainer.
Its almost as dumb as Rage Against The Machine...saying how they hate the man. LMAO the man and America is what made them huge and rich. Thats not fashionable so thats not what they sing about. Its really a no brainer.
#180
That's hyperbole... Nothing less. At best, it's conjecture. You have absolutely no evidence to prove your point or even support the claim. None.
More hyperbole. In all likelihood, GM is back on top because of a Tsunami hitting Japan very hard and knocking out Toyota for awhile.
Anyways, I'm done arguing with you. Go back to listening to Fox News, it's clearly where you get all your beliefs.