# GM bankrupt!!???

**URL:** <https://forums.speedlife.net/t/gm-bankrupt/56161>\
**Category:** NYSpeed Off Topic\
**Created:** [October 8, 2008, 9:51pm UTC](https://forums.speedlife.net/t/gm-bankrupt/56161 "2008-10-08T21:51:41Z")\
**Posts on this page:** 20\
**Page:** 2

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**Author:** ![woody](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/woody/32/7191_2.png) [@woody](https://forums.speedlife.net/u/woody)\
**Post date:** [October 9, 2008, 4:34am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/21 "2008-10-09T04:34:35Z")

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for the sake of my dad’s pension and my brother’s job, i really hope not.

anybody who really still says fuck american cars in a time when our economy is falling apart is a fucking tard. this would really put a nail in the coffin.

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**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\
**Post date:** [October 9, 2008, 4:50am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/22 "2008-10-09T04:50:03Z")

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I love how people are worried about them selling the Ren Cen, they bought it in May to sell it at a later date.  
I will find the article when I get to work (in the Ren Cen).

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 4:55am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/23 "2008-10-09T04:55:57Z")

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> [@nitroinsane](#):
>
> plenty of ignorant statements made here. Let’s hope gm falls so we can put thousands upon thousands of americans out of work. You people really are fucking dumb

x2

IMO, they should impose tariffs on foreign cars to level the playing field.

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**Author:** ![Karter](https://avatars.discourse-cdn.com/v4/letter/k/e480ec/32.png) [@Karter](https://forums.speedlife.net/u/Karter)\
**Post date:** [October 9, 2008, 4:57am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/24 "2008-10-09T04:57:53Z")

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> [@LZ](#):
>
> Just because your poor…has nothing to do with the rest of America…
> 
> Most dealerships have Chevy trucks and crap sitting around…Vettes actually move off the lot pretty well…

I’m far from poor.  
I can also think of way better ways to spend $70,000.  
(modded just about anything)  
What the entire statement meant was, the AVERAGE person isnt going to be driving a vette.

The people driving vettes are old guys, retired guys.  
People with kids out of college and people with newman money.

Maybe if GM didnt base the foundation of thier company on hopes that the majority will buy there most profitable car, they wouldnt be so far into the RED.  
Then again if they payed people less than 16$ an hour, they would also make alot more money.

Again the average cars they offer, are a far cry from quality, and also over priced 5 - 8k.

Further more, you haven’t made a good post since you sold your beat to shit fbody.

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 4:59am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/25 "2008-10-09T04:59:28Z")

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> [@Just Karter](#):
>
> I’m far from poor.  
> I can also think of way better ways to spend $70,000.  
> (modded just about anything)  
> What the entire statement meant was, the AVERAGE person isnt going to be driving a vette.
> 
> The people driving vettes are old guys, retired guys.  
> People with kids out of college and people with newman money.
> 
> Maybe if GM didnt base the foundation of thier company on hopes that the majority will buy there most profitable car, they wouldnt be so far into the RED.  
> Then again if they payed people less than 16$ an hour, they would also make alot more money.
> 
> Again the average cars they offer, are a far cry from quality, and also over priced 5 - 8k.
> 
> Further more, you haven’t made a good post since you sold your beat to shit fbody.

:banghead: jesus you’re dumb

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**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [October 9, 2008, 5:00am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/26 "2008-10-09T05:00:50Z")

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> [@Just Karter](#):
>
> I’m far from poor.  
> I can also think of way better ways to spend $70,000.  
> (modded just about anything)  
> What the entire statement meant was, the AVERAGE person isnt going to be driving a vette.
> 
> The people driving vettes are old guys, retired guys.  
> People with kids out of college and people with newman money.
> 
> Maybe if GM didnt base the foundation of thier company on hopes that the majority will buy there most profitable car, they wouldnt be so far into the RED.  
> Then again if they payed people less than 16$ an hour, they would also make alot more money.
> 
> Again the average cars they offer, are a far cry from quality, and also over priced 5 - 8k.
> 
> Further more, you haven’t made a good post since you sold your beat to shit fbody.

Like I said sorry your poor…

GM doesn’t have Vettes just sitting around on lots…I would assume their truck market is pretty stagnant at this point in time with gas prices…

You’re also attacking this from multiple angles…we all know their work force is over paid and hurting the company and that is the major issue that brings them down…

And you haven’t made a decent post since you signed up here…

☹

Edit: Go back to fucking your fat GF who you keep locked in a closet

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**Author:** ![mike125k](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/mike125k/32/7282_2.png) [@mike125k](https://forums.speedlife.net/u/mike125k)\
**Post date:** [October 9, 2008, 5:12am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/27 "2008-10-09T05:12:47Z")

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I’m now officially dumber for having read this thread.

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [October 9, 2008, 5:28am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/28 "2008-10-09T05:28:51Z")

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They sold ~40,000 corvettes in 2007 and ~35,000 in 2008.

I would say there is enough people to buy them.

Isn’t that like the population of Buffalo now?

oh and Just Karter is poor.

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**Author:** ![nitroinsane](https://avatars.discourse-cdn.com/v4/letter/n/d26b3c/32.png) [@nitroinsane](https://forums.speedlife.net/u/nitroinsane)\
**Post date:** [October 9, 2008, 5:33am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/29 "2008-10-09T05:33:46Z")

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I find it funny that it is always the same people that are putting american cars down.

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**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\
**Post date:** [October 9, 2008, 5:51am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/30 "2008-10-09T05:51:56Z")

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> [@Dr.Stevil](#):
>
> x2
> 
> IMO, they should impose tariffs on foreign cars to level the playing field.

wait, level the playing field?

So, because GM can’t get rid of their unions, among other things like products offered, foreign cars should be taxed **more**??

I dont get it.

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**Author:** ![Bacon](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bacon/32/7230_2.png) [@Bacon](https://forums.speedlife.net/u/Bacon)\
**Post date:** [October 9, 2008, 6:21am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/31 "2008-10-09T06:21:23Z")

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Seriously not good, quite a shame because they finally seem to be getting to the whole getting it right step of things.

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 6:29am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/32 "2008-10-09T06:29:54Z")

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> [@evolve](#):
>
> wait, level the playing field?
> 
> So, because GM can’t get rid of their unions, among other things like products offered, foreign cars should be taxed **more**??
> 
> I dont get it.

While I agree, they should get rid of the unions asap, that doesn’t change the fact that this would be a HUGE hit to our already weak economy.

I think they should do it with everything, not just cars. Maybe you’d see more amercian made brands at walmart, instead of EVERYTHING imported from china (which has the STRONGEST/fastest growing economy in the world, along with india and Russia)

or ignore the problem and be the worlds bitch for the rest of our lives. I’m all for free trade and an open economy, but not if were slowly killing ourselves and helping everyone else by doing it.

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**Author:** ![joelster](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joelster/32/7258_2.png) [@joelster](https://forums.speedlife.net/u/joelster)\
**Post date:** [October 9, 2008, 6:44am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/33 "2008-10-09T06:44:11Z")

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They shouldn’t tariff any foreign cars. They just need the DUMBFUCK-GENERAL population to be better educated and to fully understand the impact that buying foreign stuff has on their own well being, and their childrens well being.

Your Grandparents all understood this very well. It’s been lost the past 30-40 years, and look where we are now.

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**Author:** ![AndyB](https://avatars.discourse-cdn.com/v4/letter/a/96bed5/32.png) [@AndyB](https://forums.speedlife.net/u/AndyB)\
**Post date:** [October 9, 2008, 6:47am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/34 "2008-10-09T06:47:05Z")

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I hope GM does not go under. That would destroy the economy. If GM goes under Ford would not be much further behind.

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 6:47am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/35 "2008-10-09T06:47:15Z")

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> [@joelster](#):
>
> They shouldn’t tariff any foreign cars. They just need the DUMBFUCK-GENERAL population to be better educated and to fully understand the impact that buying foreign stuff has on their own well being, and their childrens well being.
> 
> Your Grandparents all understood this very well. It’s been lost the past 30-40 years, and look where we are now.

it doesn’t matter (this thread is a perfect example) to most of the population. Hence why we went from an industrial nation, to a bunch of consumers. What happens when we run out of money to “consume”? (which is already slowly starting )

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**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\
**Post date:** [October 9, 2008, 6:48am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/36 "2008-10-09T06:48:12Z")

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> [@Dr.Stevil](#):
>
> While I agree, they should get rid of the unions asap, that doesn’t change the fact that this would be a HUGE hit to our already weak economy.
> 
> I think they should do it with everything, not just cars. Maybe you’d see more amercian made brands at walmart, instead of EVERYTHING imported from china (which has the STRONGEST/fastest growing economy in the world, along with india and Russia)
> 
> or ignore the problem and be the worlds bitch for the rest of our lives. I’m all for free trade and an open economy, but not if were slowly killing ourselves and helping everyone else by doing it.

more taxes are not the answer.

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<div class="post-metadata">

**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 6:52am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/37 "2008-10-09T06:52:51Z")

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> [@evolve](#):
>
> more taxes are not the answer.

eh, I guess that’s debatable. It doesn’t help that we pretty much force companies to do business outside of the us either.

We’re (my company) constantly sending shit out to mexico and china for production parts because american companies just can’t compete with them (unions are a large part of the problem, but so are our retarded policies that drive business away).

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**Author:** ![eclipsed](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@eclipsed](https://forums.speedlife.net/u/eclipsed)\
**Post date:** [October 9, 2008, 6:56am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/38 "2008-10-09T06:56:39Z")

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> [@cky89](#):
>
> I hope they go under.  
> I HATE american cars.

i bet you wouldn’t be hoping that if your parents that paid your way through college worked there…

:bloated:

ignorance is bliss.

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**Author:** ![dmoffitt](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/dmoffitt/32/7455_2.png) [@dmoffitt](https://forums.speedlife.net/u/dmoffitt)\
**Post date:** [October 9, 2008, 6:57am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/39 "2008-10-09T06:57:39Z")

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edit fuck beaten, this was directed to Dr. Stevil

^ Sorry, I thought you were a Republican? Last I checked “we” stood for the free market.

BTW, why the fuck does your avatar have my name and a jewish star in it? I’m as atheist as they come… ?

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**Author:** ![Dr.Stevil](https://avatars.discourse-cdn.com/v4/letter/d/da6949/32.png) [@Dr.Stevil](https://forums.speedlife.net/u/Dr.Stevil)\
**Post date:** [October 9, 2008, 6:57am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/40 "2008-10-09T06:57:54Z")

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China’s predicted growth - 9.7%  
India - 7.9%  
Russia - 7%

US - under 3%

not good  
[http://ap.google.com/article/ALeqM5gKRjNtb1ttrKSPTqOIlkHe6PPh6AD93MDKNO0](http://ap.google.com/article/ALeqM5gKRjNtb1ttrKSPTqOIlkHe6PPh6AD93MDKNO0)

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