# GM bankrupt!!??? **URL:** \ **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:** 3
**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, 6:59am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/41 "2008-10-09T06:59:22Z")
> [@dmoffitt](#): > > ^ 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… ? I am… I do believe in an open market/economy. But when we’re slitting our own wrists, some kind of intervention needs to take place. the jewish star is from the nobody cares thread ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [October 9, 2008, 7:04am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/42 "2008-10-09T07:04:19Z")
Massive government regulation does not work in a global economy that has none. This is such a simple fucking concept. Do Americans have particularly thick skulls, why is this simple concept so hard to drill into the heads of Americans? Oh that’s right, we refuse to have ANY cultural change. We must have all of our material crap and the Asian slaves must provide us with it. Well guess what, the party is over and it is time for a monster hangover. ---
**Author:** ![d3x](https://avatars.discourse-cdn.com/v4/letter/d/8491ac/32.png) [@d3x](https://forums.speedlife.net/u/d3x)\ **Post date:** [October 9, 2008, 7:44am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/43 "2008-10-09T07:44:27Z")
> [@joelster](#): > > The import guys always bash the shit out of American cars. It’s always about the dumbest shit though…OMG plastic in the interior OMG WTF!!! OMG, that car is so hideous!!! (coming from a guy who drives a Civic). Maybe they aren’t the best of the best, who knows. Do you really need a car that is perfect? A car that requires zero maintanance? American cars built today are light years better than the ones built in the 70’s, 80’s and 90’s. I’m pretty sure I could hop in a $30,000 VW and laugh my ass off at it’s severe lack of power, and then after 30,000 miles when I go to replace the brake pads/rotors, find out that I have to order them through the dealer ($$$$) instead of just heading to AutoZone. There are perks to owning an American car that people always overlook. if im buying something that is going to take thousands of work hours to pay for it is going to be the best product available and i dont care who is profiting from it. that age old adage that I’m supposed to buy american to protect american jobs is BS and is from a time when the american products were better. the manufacturing company i work for remains profitable not because we have the better price but because we make a better quality product than our competitors nationally and globally. GM can and will be profitable again with some cost reductions and continued improvement on quality. unfortunatly a whole industry used to living on inflated wages is going to have to relearn how to live on the “meager” income the rest of us working stiffs are used to. ---
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [October 9, 2008, 7:55am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/44 "2008-10-09T07:55:33Z")
meh… maybe if a few more huge companies fall and you all lose your jobs you’ll finally start a revolution and kill all the key figures causing the recession. ---
**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, 7:58am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/45 "2008-10-09T07:58:19Z")
Here was an article from May when they bought it back: [http://www.leftlanenews.com/gm-buys-renaissance-center-headquarters-for-626-million.html](http://www.leftlanenews.com/gm-buys-renaissance-center-headquarters-for-626-million.html) GM buys it and sell it depending on the market. When they don’t own it they just lease it from the new owners. ---
**Author:** ![PureXTC](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/purextc/32/5223_2.png) [@PureXTC](https://forums.speedlife.net/u/PureXTC)\ **Post date:** [October 9, 2008, 8:01am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/46 "2008-10-09T08:01:36Z")
> [@cky89](#): > > I hope they go under. > I HATE american cars. Your a faggot. ---
**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, 8:13am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/47 "2008-10-09T08:13:53Z")
> [@PureXTC](#): > > Your a faggot. :word: You’re ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:14am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/48 "2008-10-09T08:14:18Z")
> [@PureXTC](#): > > Your a faggot. Learn to read you douche. ---
**Author:** ![ubengineering](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ubengineering/32/5171_2.png) [@ubengineering](https://forums.speedlife.net/u/ubengineering)\ **Post date:** [October 9, 2008, 8:16am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/49 "2008-10-09T08:16:58Z")
> [@cky89](#): > > Learn to read you douche. don’t you mean learn to write? ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:19am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/50 "2008-10-09T08:19:44Z")
No I posted again, and I put some text in the edit box everyone is missing. I was being sarcastic when I said that ---
**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, 8:23am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/51 "2008-10-09T08:23:27Z")
> [@d3x](#): > > if im buying something that is going to take thousands of work hours to pay for it is going to be the best product available and i dont care who is profiting from it. that age old adage that I’m supposed to buy american to protect american jobs is BS and is from a time when the american products were better. the manufacturing company i work for remains profitable not because we have the better price but because we make a better quality product than our competitors nationally and globally. GM can and will be profitable again with some cost reductions and continued improvement on quality. unfortunatly a whole industry used to living on inflated wages is going to have to relearn how to live on the “meager” income the rest of us working stiffs are used to. The problem I have with that is the words “best product available”. You just said it yourself. It’s the American way that is just drilled into our heads. Got to have the “best”, the “shiniest”, the “flashiest”, the “cheapest”, the most “economical”, the “safest”, etc… Why do we always have to make our decisions based on this? GM could build a kick-ass Cobalt that gets 25/35 mpg and costs $20,000. Then Honda could come out with a new Civic that gets 25/35 and costs $19,999. Guess which one would sell the most? As far as “inflated” auto worker wages in America, I somewhat disagree. I am in a very strong union myself. When we negociate our contracts (every 5 years) they come up with a total dollar amount to be paid out over the 5 years. For sake of simplifying numbers, let’s say both sides agree to 10 dollars over 5 years. MY UNION would give out $1.00 per year in salary and put $1.00 into the pension. So $5.00/hour raise over 5 years and $5.00 an hour put into the pension.The GM guys take almost all of their money up front, which is why their salaries are somewhat crazy. Some of them make well over 100K a year, and then retire with a 30K/year pension. Not too smart if you ask me. So don’t feel so bad for them. It’s all in how they have their money allotted, which is mostly up front. They could change this if they wanted, but that is how they vote to have it. ---
**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\ **Post date:** [October 9, 2008, 8:41am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/52 "2008-10-09T08:41:24Z")
What union are you in? Do you have foreign competition or are you in construction, teaching, govt, etc that has no competition? ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:46am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/53 "2008-10-09T08:46:41Z")
> [@d3x](#): > > if im buying something that is going to take thousands of work hours to pay for it is going to be the best product available and i dont care who is profiting from it. that age old adage that I’m supposed to buy american to protect american jobs is BS and is from a time when the american products were better. the manufacturing company i work for remains profitable not because we have the better price but because we make a better quality product than our competitors nationally and globally. GM can and will be profitable again with some cost reductions and continued improvement on quality. unfortunatly a whole industry used to living on inflated wages is going to have to relearn how to live on the “meager” income the rest of us working stiffs are used to. I agree. ---
**Author:** ![AKasprzyk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/akasprzyk/32/4967_2.png) [@AKasprzyk](https://forums.speedlife.net/u/AKasprzyk)\ **Post date:** [October 9, 2008, 8:49am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/54 "2008-10-09T08:49:42Z")
> [@Just Karter](#): > > The people driving vettes are old guys, retired guys. > People with kids out of college and people with newman money. > . i drive a vette, i’m still in college and i’m not old. lol ---
**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, 8:50am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/55 "2008-10-09T08:50:45Z")
> [@cky89](#): > > I agree. and you bought a VW? lol ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:50am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/56 "2008-10-09T08:50:53Z")
> [@AKasprzyk](#): > > i drive a 79 vette, i’m still in college and i’m not old. lol fixed ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:51am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/57 "2008-10-09T08:51:11Z")
> [@Dr.Stevil](#): > > and you bought a VW? lol This wasn’t my choice lol. ---
**Author:** ![AKasprzyk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/akasprzyk/32/4967_2.png) [@AKasprzyk](https://forums.speedlife.net/u/AKasprzyk)\ **Post date:** [October 9, 2008, 8:52am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/58 "2008-10-09T08:52:36Z")
> [@cky89](#): > > fixed its a 79 sure but its quicker then a whole lot of cars on this board. ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [October 9, 2008, 8:53am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/59 "2008-10-09T08:53:20Z")
Oh I know I was busting balls. ---
**Author:** ![Boomin99GT](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boomin99gt/32/7306_2.png) [@Boomin99GT](https://forums.speedlife.net/u/Boomin99GT)\ **Post date:** [October 9, 2008, 9:04am UTC](https://forums.speedlife.net/t/gm-bankrupt/56161/60 "2008-10-09T09:04:07Z")
LOL @ People can’t afford 70k Vettes. I stopped reading after that because this thread will go no where I’m sure. [Previous page](https://forums.speedlife.net/t/gm-bankrupt/56161.md?page=2) [Next page](https://forums.speedlife.net/t/gm-bankrupt/56161.md?page=4)