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Thread: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

  1. #11
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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by Badmutha View Post
    Remember......Obama told us that "we would make a profit" from bailing out the UAW Union of Slobs.........the same for TARP.

    .....if you havent received a GM profit sharing check or TARP dividend check yet.....your in for an eternal wait.
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    I don't agree with your partisan view, but as a Saab owner, I am not surpised. GM has failed, like much of America, to innovate.
    Ted Cruz is the dumbest person alive.

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by Kandahar View Post
    What are you pissed off about? It's already been IPO'ed and therefore isn't on the government's books anymore. So unless you own stock in GM, what do you care if it falls below that price?
    Did the government sell off it's entire stake, I don't think so.

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by whysoserious View Post
    I don't agree with your partisan view, but as a Saab owner, I am not surpised. GM has failed, like much of America, to innovate.
    Innovation can prove difficult with a 1000lb wellstone tied to your neck.......

    GM sales in 2007: 9,370,000
    Toyota sales in 2007: 9,366,418

    GM profit/loss in 2007: -$38,730,000,000
    Toyota profit in 2007: +$17,146,000,000


    ..........one made a profit......one had the UAW.
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  4. #14
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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by Badmutha View Post
    Innovation can prove difficult with a 1000lb wellstone tied to your neck.......

    GM sales in 2007: 9,370,000
    Toyota sales in 2007: 9,366,418

    GM profit/loss in 2007: -$38,730,000,000
    Toyota profit in 2007: +$17,146,000,000


    ..........one made a profit......one had the UAW.
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    Ford has the UAW too.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by Badmutha View Post
    Remember......Obama told us that "we would make a profit" from bailing out the UAW Union of Slobs.........the same for TARP.

    .....if you havent received a GM profit sharing check or TARP dividend check yet.....your in for an eternal wait.
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    You do know TARP was Bush's doing, don't you?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    Ford has the UAW too.
    .....hence their days and profits are numbered.


    Quote Originally Posted by USA_1 View Post
    You do know TARP was Bush's doing, don't you?
    .....of course....President Bush....along with Senator Obama.....a Democrat controlled Senate......a Democrat controlled House.....made TARP happen.
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  7. #17
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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Badmutha;1059311717].....hence their days and profits are numbered.
    How long have they been in business? Oil prices are going to hurt all the carmakers.
    http://www.businessweek.com/globalbi...058_991777.htm
    Toyota's Loss Is Worse Than Expected
    The Japanese automaker's first annual net loss in 59 years was larger than the company had projected, and its outlook remains grim



    .....of course....President Bush....along with Senator Obama.....a Democrat controlled Senate......a Democrat controlled House.....made TARP happen.
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    TARP was all Bush's baby.............He give congress no choice but to support it or the country would go into depression. Remember?
    Last edited by USA_1; 02-26-11 at 01:53 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    How long have they been in business? Oil prices are going to hurt all the carmakers.
    .....yeah just like Collective Bargaining....

    TARP was all Bush's baby.............He give congress no choice but to support it or the country would go into depression. Remember?
    Obama Wins $350B Senate TARP Vote - ABC News

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    E=Badmutha;1059311729]....
    .yeah just like Collective Bargaining
    ....
    You do know unions have been around for awhile, don't you? Even when US automakers grew into some of the largest corporations in the world and during times of record profits. The Bush recession almost destroyed US automakers. Did the unions create the recession, too? Do unions control gas prices?

    That was the same Bush TARP bill just the second part of it. Why did they need it anyway? Could it be that the economy was about to go into a depression when Obama took office?

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    Last edited by USA_1; 02-26-11 at 02:08 PM.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    ]........
    You do know unions have been around for awhile, don't you? Even when US automakers grew into some of the largest corporations in the world and during times of record profits. The Bush recession almost destroyed US automakers. Did the unions create the recession, too? Do unions control gas prices?
    The host organism always precedes the parasite........Prosperity always precedes Organized Labor.....


    That was the same Bush TARP bill just the second part of it. Why did they need it anyway? Could it be that the economy was about to go into a depression when Obama took office?
    Well it sounds like you are against TARP........

    ................but only when Bush was spending it.
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