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Thread: GM, Chrysler Get Ultimatum From Obama on Turnaround

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by dclxvinoise View Post
    Personally I'm kind of curious why more Obama supporters and liberals in general aren't more disgusted with this entire Obama corporate bailout plan. Considering that corporate America disgusts so many liberals one would think that the government actually giving bailout money to said corporations would disgust them as well.
    Obama is their MESSIAH. He can do no wrong.

    If anything bad happens while Obama reigns, it will be Goldstein's fault.

    Currently, Bush is filling in for Goldstein, but everyone knows Bush is just Goldstein's tool.

    Just wait for the fun when The MESSIAH publicly implements the Two-Minute Hate.

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by dclxvinoise View Post
    Personally I'm kind of curious why more Obama supporters and liberals in general aren't more disgusted with this entire Obama corporate bailout plan. Considering that corporate America disgusts so many liberals one would think that the government actually giving bailout money to said corporations would disgust them as well.
    As a Democrat I find this whole bailout ridiculous. These companies should have been allowed to prosper or fail in the free market. There should have been no government interference.

    Despite my disgust for the decision to bailout these companies, I am still able to comprehend the reasoning and ability of those doing the bailing (the government) ability to dictate the conditions of their offering (the CEO stepping down, etc.) and protection to consumers of the company being bailed out.
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by Gibberish View Post
    As a Democrat I find this whole bailout ridiculous. These companies should have been allowed to prosper or fail in the free market. There should have been no government interference.

    Despite my disgust for the decision to bailout these companies, I am still able to comprehend the reasoning and ability of those doing the bailing (the government) ability to dictate the conditions of their offering (the CEO stepping down, etc.) and protection to consumers of the company being bailed out.



    This is not how most democrats feel.


    What about the workers? Isn't that usually the left's argument?
    Let evil swiftly befall those who have wrongly condemned us

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by Tucker Case View Post
    Maybe to protect the consumers who already have GM vehicles under warranty when the company fails?
    I'll give you a hint:

    It's not the government's job to do that.

    If failure of warranty coverage is an issue with bankrupted companies, then a portion of the assets of the bankrupted GM would otherwise waste on uniongoons should be set aside to for warranty coverage....AFTER GM goes into bankruptcy court.

    It's what bankruptcy court is for.

    How about if we stop wasting my tax dollars and just tell GM to file Chapter 11 (or whatever) and get it over with already?


    Quote Originally Posted by Tucker Case View Post
    Where was that exactly?
    In your posts, where you keep insisting the government should prop up failed businesses...specifically GM.

    That's corporate welfare, and you're supporting it.

    Are you saying you don't support the nationalization of GM?

    Quote Originally Posted by Tucker Case View Post
    How would I be any type of anti-bushbot, flip-flopping or otherwise?
    And anti-bushbot is someone programmed to be anti-bush. The anti-bushbots of the Bush era were all opposed to "corporate welfare".

    Suddenly they've been reprogrammed. It appears they were only against Bush Era corporate welfare, they have no problems with Messiah Corporate Welfare.

    Quote Originally Posted by Tucker Case View Post
    HINT: This is where you actually support the ad-hom instead of spewing more nonsense.
    No. That was where I repeated what I'd already said, that you most likely opposed corporate welfare as recently as five months ago, and now you're praising it.

    I could be wrong, what was your FEELINGS about federal agricultural subsidies under the liberal president the Messiah replaced?

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by SkyCore View Post
    It's somewhat amusing to see Bushies complain about obama's abuse of office.
    Then again...I"m an American. I can say this, you can't, because I voted for neither Bush nor Obama. Only Americans can say that.

    Quote Originally Posted by SkyCore View Post
    Obama supporters were sucked in by a smooth talker and he's mirrored the bush admin so much we should just call him Obushama. It would be awesome if we could see a realistic poll of how many who are condemning this move also condemned Bush's 9/11 airline $$ for silence scheme, otherwise known as the Victims' Fund, which was signed into law on less than two weeks after the attacks. People supporting moves like that is what sets a precedent for later sell-outs to follow.
    I'm one of the opponents of that scam, also.

    I don't support much that liberal presidents do.

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by WI Crippler View Post
    While I was at the gym, there was mention of a $4,000 tax credit for the purchase of an American made vehicle, on the TV. Obviously I couldn't hear what they were saying about it, and could only read the headlines, but apparently thats being opposed by the people in the used car market and the auto repair industry. So essentially to help one, you invariably screw the other. I can see where people in the auto repair business would oppose government backed warranties, but outside of that group I don't see why that's a terrible thing in and of itself.
    I don't work to subsidize somone else's poor judgement in transportation purchases. If they buy a lemon, let them make lemonade, but don't force me to buy the sugar for them.


    Quote Originally Posted by WI Crippler View Post
    Do I think GM should sink? Sure, just as donsutherland stated, Chapter 11 is probably the best way to go, to force restructuring. I don't understand why people on the left oppose chapter 11 bankruptcy for a corporation that is on the verge of going under. It makes all the talk about hating big evil corporations suspect, when they seek to protect them. I know they will say its to protect the average joe working the assembly line, but that big evil corporation is who gave them a job in the first place. I personally see chapter 11 as the only real way out of this mess to be honest.
    The leftists don't oppose companies going bankrupt. If the parent company of Winchester went belly up, they'd be cheering. But GM has a few uniongoons working for it, and the uniongoons own a lot of Democrat policians. That should be enough to explain why the Democrats are so eager to throw my money at a particular failed business.

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by Reverend_Hellh0und View Post
    This is not how most democrats feel.


    What about the workers? Isn't that usually the left's argument?
    The workers choose to work their jobs. This is the risk you agree to when choosing to live and work in a community or in a profession supported solely by a single a manufacturer.

    I personally would never live in a town/city that did not have multiple possibilities for my employment field.

    This is why I label myself "slightly liberal". When it comes to the economy and free market I lean more Libertarian.
    Last edited by Gibberish; 03-31-09 at 03:59 PM.
    "Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
    - Warren Buffett

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by MrVicchio View Post
    GM, Chrysler Get Ultimatum From Obama on Turnaround - Automotive * US * News * Story - CNBC.com

    On what grounds, constitutional grounds does Obama have to make such a move, make the claim the US Government would back a private companies warranties?

    People screamed bloody hell Bush was tapping phone lines to catch terrorist as Government out of control... what the hell do you call this bullsnot?
    I think GM did something to piss off Obama somehow and this is payback. It seems to be exactly the way Chicago would handle itself. I mean, we're still pumping in a bunch of money to AIG which continues to engage in fraud with no arrest/trial/conviction going on (any form of "legal" money theft is the type of sleaze Chicago loves best) and it doesn't have anything on the other side. At least GM still has a product, there are cars there. But something is rotten here for sure, and it probably has to do with somehow a slight against Obama and he's just taking it out on GM.
    You know the time is right to take control, we gotta take offense against the status quo

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  9. #49
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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by Scarecrow Akhbar View Post
    I'll give you a hint:

    It's not the government's job to do that.

    If failure of warranty coverage is an issue with bankrupted companies, then a portion of the assets of the bankrupted GM would otherwise waste on uniongoons should be set aside to for warranty coverage....AFTER GM goes into bankruptcy court.

    It's what bankruptcy court is for.

    How about if we stop wasting my tax dollars and just tell GM to file Chapter 11 (or whatever) and get it over with already?
    I want GM to be allowed to fail. I said that in my first post.

    If I'm choosing between giving GM money or using money to back the warranties for consumers of GM products in the past, I prefer the latter.

    Right now, those are the choices that are present. I prefer the warranty approach to the handing GM a bunch of money approach.

    I don't support corporate welfare. Never have, and still don't. I definitely prefer the warranty approach to the hand-out approach, since GM receives no real benefit form the warranty approach (we both agree it won't do **** to stimulate sales of GM products), while the consumer does gain benefit (they don;t get screwed on their current GM vehicle that is still under warranty when GM goes under).


    In your posts, where you keep insisting the government should prop up failed businesses...specifically GM.

    That's corporate welfare, and you're supporting it.

    Are you saying you don't support the nationalization of GM?
    I've never once insisted that the government should prop up failed businesses. Quite the opposite in fact. I'm saying that if they are going to do anything at all, they should protect the consumers who got screwed by these companies, not save these companies that screwed their consumers.


    And anti-bushbot is someone programmed to be anti-bush. The anti-bushbots of the Bush era were all opposed to "corporate welfare".

    Suddenly they've been reprogrammed. It appears they were only against Bush Era corporate welfare, they have no problems with Messiah Corporate Welfare.
    I'm aware of what one is, why do you think that's what I am?

    IOW, I'm not doing what you think I'm doing. I am also not an Obama supporter.



    No. That was where I repeated what I'd already said, that you most likely opposed corporate welfare as recently as five months ago, and now you're praising it.
    But I didn't praise corporate welfare.

    I could be wrong, what was your FEELINGS about federal agricultural subsidies under the liberal president the Messiah replaced?
    I was against subsidies then, I am against them now. I was against the bailouts when Bush was in office, I'm against the bailouts now that Obama is in office.

    I will state that if we are going to spend billions upon billions of dollars, I'd rather see it go to those who were not part of the problem. Right now, my biggest issue with the bailouts is that they are only contributing to the problems.

    I don't see backing warranties as contributing to the problem because I don't see it helping GM sell vehicles.

    I will say that anyone who buys a GM vehicle at this point is an idiot who deserves to lose their warranty. But someone who bought a year or two ago and is still under warranty is not an idiot and doesn't deserve to get screwed because GM is incompetant.

    If we're spending billions of dollars, better to put it there than in the coffers of the incompetent corporation.

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    Re: GM, Chrysler Get Ultimatum From Obama on Turnaround

    Quote Originally Posted by Scarecrow Akhbar View Post
    Then again...I"m an American. I can say this, you can't, because I voted for neither Bush nor Obama. Only Americans can say that.
    Hey, by your standards, I too am an American!

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