ha yeah I was in Chevy dealerships all morning. Interesting looks on all of their faces.
Thank you for the useless information auto gas boy
who would have thunk that grossly overpaying your **** workforce to build grossly overpriced cars that have the build quality that would make Kia squirm would have a negative impact on their business.
you getting useless info from me. Thats an interesting deviation from the norm
what $50,000 for a LSx 4wd auto with leather seats isn’t worth it :kekegay:
although i think gm’s pretty much are crap, maybe instead of investing 10 billion dollars a month in the ****hole country of iraq, we could invest that money into our own economy and keep big staples like this from falling. that and workers need to realize they that they don’t deserve $28 an hour for sleeping on a fork truck for half the night.
you’re preaching to the choir. Now wait for the Pittspeed retardo squad to pounce on you.
Not going to argue about the war, because your right.
The UAW union definitly fu cked them up and drinkled down to small people. but if you were offered $28 hr you would deny it ?
Your just an idiot.
great, lets let owners of private companies waste money and f uck up and then have taxpayers foot the bill to save a stupid owner of a private company. that’s f ucking stupid. Unions are a big part of the downfall of GM, maybe people will start to realize this. Unions had their place back in the day, but have no place in present day, all they do is f uck everything up. The other big part was stupid management. Instead of handing them more money to waste, why not have the investors and stockholders kick them out and pick someone else who may do a better job. F uck all these bailouts .
Unions are not the problem. Greedy unions are. Just like corporations aren’t the problem, greedy one’s are. Who would have figured that this american capitalistic ideal of unfettered greed could turn into a bad thing? 
you’re definitely right, i would for sure take $28/hr to do minimal work. how GM and other auto manufacturers ever let it get to that point is what i don’t understand.
Listen, i’m not saying i’m for any of these bailouts, i’m saying that if the government is going to waste money, which it obviously does, then i would rather see it go into our own economy than protecting and rebuilding a country that doesn’t even want us there and sits on more oil money than we could fathom. It just doesn’t make sense to me that we pump 10 billion or so a month into that towel head country and GM is failing in our own country and unemployment is on such a rise. that’s all i’m saying.
I still like whitey’s idea, have a bunch of buckets with all the different places our tax dollars can get spent, and we have to throw our money into those buckets and decide where it gets spent.
The Man sticks it to GM. (yes!)
White House spokeswoman Dana Perino said the companies had made business decisions “over the years that have led to this situation, but we have gone as far as we can with the authority Congress has given in order to help industries.”
Hey GM, stop being a bunch of porkers and releasing newer ****tier cars every year. Can’t run a business? That’s your own damn fault. Let that simmer for a minute while your profits continue to drop and your marketing department works itself into even more inessentialness.
http://news.yahoo.com/s/ap/20081112/ap_on_go_ca_st_pe/auto_bailout
WASHINGTON – Treasury Secretary Henry Paulson called autos a “critical industry in this country” on Wednesday but said the government’s $700 billion financial rescue program wasn’t designed to help automakers.
Asked about Democratic congressional leaders’ plan to rush financial aid to the industry, Paulson cautioned that “any solution has got to be leading to long-term viability” for auto companies.
He said Congress could try to make funding more available to the auto industry as part of a $25 billion loan program approved in September to develop fuel-efficient vehicles.
House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid are pushing for something more sweeping to help the industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy.
Pelosi said Tuesday she was confident that lawmakers meeting next week in a lameduck session would consider “emergency and limited financial assistance” for the auto industry under the $700 billion bailout measure that passed Congress in October. She urged the outgoing Bush administration to support a compromise.
“In order to prevent the failure of one or more of the major American automobile manufacturers … Congress and the Bush administration must take immediate action,” said Pelosi, D-Calif.
Reid, D-Nev., said that Democrats were “determined to pass legislation that will save the jobs of millions” as part of a postelection session. “This will only get done if President Bush and Senate Republicans work with us in a bipartisan fashion, and I am confident they will do what is right for our economy,” he said.
The Bush administration has concluded that the bailout bill that passed earlier does not allow loans to the auto industry.
White House spokeswoman Dana Perino said the companies had made business decisions “over the years that have led to this situation, but we have gone as far as we can with the authority Congress has given in order to help industries.” But she said the White House was open to helping the auto industry.
Lawmakers are expected to take up the issue when they return to the Capitol for a postelection session beginning next week.
Democratic leaders will need to convince some skeptical lawmakers who question whether a bailout would cause changes in the auto industry or simply lead to more handout requests from other industries.
“Once we cross the divide from financial institutions to individual corporations, truly, where would you draw the line?” asked Sen. Jeff Sessions, R-Ala.
Michigan Gov. Jennifer Granholm said Wednesday that the crisis in the auto industry is urgent, arguing that “the national economy rests on this.”
“This industry supports one in 10 jobs in the country,” Granholm said Wednesday on CBS’ “Early Show.” “If this industry is allowed to fail, there would be a ripple effect throughout the nation.”
She added: “This government decided that it was going to step in and throw $700 billion at the financial sector. We’re just asking for a fraction of that.”
Pelosi said any assistance to the industry should include limits on executive compensation, rigorous government review authority and other taxpayer protections.
Her request for legislation came less than a week after General Motors Corp. and Ford Motor Co. posted bleak third-quarter earnings reports. GM, the nation’s largest automaker, posted a $2.5 billion quarterly loss Friday and warned that it may run out of money by the end of the year without government aid.
“We’re in a situation where there’s a great unknown about what will happen,” said Sen. Debbie Stabenow, D-Mich. “And a great concern that at least one of the companies will find themselves in a situation where they cannot make it until January 20,” when President-elect Obama is inaugurated.
GM spokesman Greg Martin said the automaker was “ready to work with Congress and the administration to secure the immediate support we need to bridge the current economic crisis.”
Obama has urged the Bush administration to do more to help the industry and aides said he raised the issue with President Bush on Monday in an Oval Office meeting. Officials familiar with the conversation said the president replied he was open to the idea.
Congress approved legislation in late September to provide $25 billion in loans to domestic automakers and suppliers to upgrade factories to build more fuel-efficient vehicles. But the funding has stalled and supporters of the industry say it will not be sufficient to help the companies with their immediate financial problems.
Executives with GM, Ford and Chrysler LLC and the president of the United Auto Workers union pressed Pelosi and Reid to provide an immediate $25 billion loan to keep the companies operating and a separate $25 billion to help cover future health care obligations for retirees and their dependents.
Pelosi’s statement did not specify the size of the aid package. She has tasked Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, to draft legislation, and a companion effort is under way in the Senate.
Sen. Carl Levin, D-Mich., said lawmakers from his state are crafting legislation that would allow the auto industry to receive $25 billion in loans under the $700 billion bailout program.
concessions people!!! united steel workers did it to help save the company. sounds like the automakers needs to grow some balls and do it.
April 29th 2004 and December 11th 1987… GM is getting what they deserve. if have to but a new car i’ll get a ford or dodge.
unreal, at what point do we start making people pay for their greed. i honestly think they should be thrown in jail for the gross mismanagement of funds. that cocksucker ceo of gm needs to lose his job and all his money because he cannot do this and expect the taxpayers to bail his ass out. and what ever happened to selling stocks and bonds??? can you please tell me why we pay to bail these companies out and in three years when their profits are through the roof who gets the money? the ceo’s. and i can’t wait until obama gets in there and terrorizes the capatalist system. an obama supporter said to me yesterday “maybe we should give socialism a try”. what the **** happened to my country?
Is this the death of Oldsmobile and the death of the G Body respectively?
correct. i mean obviously i love both but it didnt make sense to kill off the RWD intermediate. That car was one of their best sellers. also they needed to build off the x-body(ciera, century, 6000, celebrity) more like chrysler did with the K-car. cars like the calais, somerset, beretta…those are the cars that gave GM a bad name in the 90’s, they were crap. most pontiacs in th early to mid 90’s were crap. FWD regal, delta, dusbuster mini vans, bonneville. CRAP!
Olds was always steady. Corporate builds killed olds. people didnt buy olds to get the same **** they could get in a ponticrap…they wanted olds quality. olds never lost GM money its just that by the end they just gave them the returns of say a savings bond instead of stocks. GM blew it taking on saab and their insistance on pushing saturn for the youth crowd… saturn failed miserably except with lesbians.
Cutty has no idea about anything.
Once their stock reaches $0.01 a share, I’m buyin’ a million, lol.