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Thread: TARP Audit Questions Rush to Close Auto Dealers

  1. #61
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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by justabubba View Post
    let's see what you stated before:


    notice that bankruptcy WAS filed in the federal bankruptcy court
    i even provided you the cite with a copy of the petition
    again, you have no idea about that which you post
    It was prepackaged so the courts had no say

  2. #62
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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by ptif219 View Post
    It was prepackaged so the courts had no say
    another very foolish response
    of course the court had a say. the bankruptcy was within its jurisdiction to approve or decline
    you do recognize that the judiciary is a separate branch of government than the executive don't you?
    from your statements, it would appear you do not
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by justabubba View Post
    another very foolish response
    of course the court had a say. the bankruptcy was within its jurisdiction to approve or decline
    you do recognize that the judiciary is a separate branch of government than the executive don't you?
    from your statements, it would appear you do not
    The court is going to go against the president?

  4. #64
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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by ptif219 View Post
    The court is going to go against the president?
    If people didnt like the decision they could have appealed up to the supreme court, which would go against the president
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

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    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  6. #66
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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by Lord Tammerlain View Post
    Check the breaking news section

    GM and Chyrsler were closing dealerships before the crisis and would have liked to close more before, but could afford it. The bankruptcy allowed them to break contracts and close the ones they wanted without financial penalty.

    Unless you like having government money support unproductive workers at car dealerships, this was a good move
    Can you prove that these employees were unproductive?
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by American View Post
    Can you prove that these employees were unproductive?
    allow me to butt in and address your question

    it's a cost benefit analysis that makes the call (assuming this was a reasoned assessment)
    if the employees/dealerships at some location are unprofitable for the organization to maintain, then it is likely time to eliminate those positions/dealers
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

  8. #68
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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by American View Post
    Can you prove that these employees were unproductive?
    As many of the dealerships in question sold less then 50 GM cars a year, that is alot of days of watching the grass grow
    Happy Hanukkah Cheerfull Kwanzaa
    Happy Christmas Merry New Year Festivus for the rest of us

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    Re: TARP Audit Questions Rush to Close Auto Dealers

    Quote Originally Posted by Lord Tammerlain View Post
    If people didnt like the decision they could have appealed up to the supreme court, which would go against the president
    Who is going to do that?

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