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Old 11-13-2008, 06:54 PM
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Originally Posted by camarojunky74
thats good info, but on a side note, todays economy has much more to it then labor unions, hell none of the unions can last in this anyways if none of their laborers are at work in the first place.
GM just had a 25page advertisement in Motor trend or automobile magazine.
It was like 1/3 of the whole magazine.
Old 11-13-2008, 09:51 PM
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Originally Posted by rzuff
True but Mr.Carter was only around 4 year where Mr.Clinton had 8 to make it really blossom into nice ticking bomb that finally went off in summer of 2008
Wow, an 8 yr. time bomb.

****, let's blame it on Bush the 1st, and say it was a 16 yr. time bomb.

Well, **** it, it was Kennedy. God damn it, it was FDR.
Old 11-13-2008, 10:02 PM
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Originally Posted by BigDaddyBry
Wow, an 8 yr. time bomb.

****, let's blame it on Bush the 1st, and say it was a 16 yr. time bomb.

Well, **** it, it was Kennedy. God damn it, it was FDR.
i blame all the founding fathers for everything- from natural disasters to terrorist attacks
Old 11-13-2008, 10:17 PM
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I dont think we can blame this all on Clinton. It was during Bushes reign that they lowered interest rates after 9/11 to "spark" the economy. they feared that the economy would take a dump, so they helped out by lowering interest. as a result, were paying for it now. basically all they did was delay the economic reaction of 9/11 buy 7 years (almost to the day it seems).

think about it, the f-body also died during Bushes years, and SUVs took a dump in sales. This was the demise of the domestics.
Old 11-13-2008, 10:46 PM
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Originally Posted by fast01z28
I dont think we can blame this all on Clinton. It was during Bushes reign that they lowered interest rates after 9/11 to "spark" the economy. they feared that the economy would take a dump, so they helped out by lowering interest. as a result, were paying for it now. basically all they did was delay the economic reaction of 9/11 buy 7 years (almost to the day it seems).

think about it, the f-body also died during Bushes years, and SUVs took a dump in sales. This was the demise of the domestics.
but come on, can you really blame bush for all those idiots buying homes way above their price range on variable rates??? hell no.
Old 11-13-2008, 11:07 PM
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Originally Posted by hlaalu
but come on, can you really blame bush for all those idiots buying homes way above their price range on variable rates??? hell no.
Or banks allowing people to do it.
Old 11-14-2008, 01:05 AM
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Originally Posted by BigDaddyBry
Or banks allowing people to do it.

Banks??? The Federal Reserve controls the money.
Old 11-14-2008, 01:11 AM
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Blame Woodrow Wilson, he signed for the Federal Reserve Act.
Old 11-14-2008, 04:40 AM
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Originally Posted by 2c5s
Banks??? The Federal Reserve controls the money.
um, they don't control people deciding they want a loan for a house they can't afford.
Old 11-14-2008, 08:25 AM
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Originally Posted by 94'BLKBRD
Blame Woodrow Wilson, he signed for the Federal Reserve Act.
A sorry SOB he was. Sold this country down the river. 95 years of pure stupidity. We keep on paying for that dumb SOB.
Old 11-14-2008, 08:26 AM
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Originally Posted by hlaalu
um, they don't control people deciding they want a loan for a house they can't afford.

I agree 1000%. When you give the general public the opportunity to **** themselves, they will. Do some research on what really is going on........
Old 11-14-2008, 11:39 AM
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Originally Posted by hlaalu
but come on, can you really blame bush for all those idiots buying homes way above their price range on variable rates??? hell no.
no i blame the mortgage brokers for lieing and sell the "idiots" the mortgages that they couldnt afford.

i was just simply stating that we cant blame clinton for this one, no matter how much id really like to.
Old 11-14-2008, 12:15 PM
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Originally Posted by 2c5s
I agree 1000%. When you give the general public the opportunity to **** themselves, they will. Do some research on what really is going on........
why don't YOU tell me what is really going on, please.

Originally Posted by fast01z28
no i blame the mortgage brokers for lieing and sell the "idiots" the mortgages that they couldnt afford.

i was just simply stating that we cant blame clinton for this one, no matter how much id really like to.

I'll agree with you there, they were very "misleading" in terms of telling people how the market was doing and loans they could afford.
Old 11-14-2008, 12:29 PM
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i blame 60ftkiller!!
Old 11-14-2008, 12:34 PM
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it's -58mil not bil

I'd like to know everything that falls under "other liabilities"

Why did accounts paypable go up almost 3mil after only a couple months? So did short/long term debt.

From just looking at that link http://finance.yahoo.com/q/bs?s=GM it clearly shows the biggest problem is just the stock market. Fix a few other things to make a few million a year and they will be on track no problem if the stock market can straighten out. I'm not too worried. The bosses and other workers just need to take a pay cut.
Old 11-14-2008, 12:36 PM
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so what happened between 05 and 06? they sold some of their factories or what? i don't remember http://finance.yahoo.com/q/bs?s=GM&annual
Old 11-14-2008, 01:24 PM
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Yes i believe they closed some factories.
Old 11-14-2008, 01:51 PM
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so they stopped production on the zr1, correct?
Old 11-14-2008, 04:17 PM
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Originally Posted by hlaalu
why don't YOU tell me what is really going on, please.
I'm sure you're smart enough to figure it out on your own.
Old 11-14-2008, 04:33 PM
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Originally Posted by allbaugh_04
it's -58mil not bil

I'd like to know everything that falls under "other liabilities"

Why did accounts paypable go up almost 3mil after only a couple months? So did short/long term debt.

From just looking at that link http://finance.yahoo.com/q/bs?s=GM it clearly shows the biggest problem is just the stock market. Fix a few other things to make a few million a year and they will be on track no problem if the stock market can straighten out. I'm not too worried. The bosses and other workers just need to take a pay cut.
the numbers in that sheet are in THOUSANDS. That means GM is 58 million thousands in the hole, or 58 billion. The sheet would be hard to read with too many zeros on it, thats why they do it like that. Making a few more million a year would take about 20 thousand years to make up for 58 billion.

If they were only 58 million in the hole, this would not be a crisis.


Quick Reply: bye GM, and bye new camaro



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