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GM goes for broke
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Chris Isidore
CNNMoney
April 27, 2009
CNNMoney
April 27, 2009
General Motors announced plans Monday to cut 23,000 U.S. jobs by 2011, drop its storied Pontiac brand and slash 40% of its dealer network in its latest bid to stay out of bankruptcy.
- A d v e r t i s e m e n t
Trust funds controlled by the United Auto Workers union would also hold a significant shake in the company. Between them, Treasury and the unions would own 89% of GM.
GM also announced an offer to its bondholders to swap $24 billion of the company’s $27 billion in unsecured debt for stock. GM is offering bondholders 225 shares of its stock for every $1,000 it owes the bondholders in principal.
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April 27th, 2009 at 9:28 am
i think they should all take it to the HOOP!!!!
so what Reply:
April 27th, 2009 at 7:52 pm
HE WHO CLOSES HIS EARS TO THE CRY OF THE POOR
will HIMSELF CRY OUT AND NOT BE HEARD
AMERICA HAS FATTENED ITSELF IN THE DAY OF SLAUGHTER
EVEN ITS PEOPLE ARE ALL FAT GLUTTONS MILLIONS AND MILLIONS OF AMERICANS
ARE FAT OBESE LAZY GLUTTONS AND THE WORD OF GOD SAYS
GLUTTONY IS AS BAD AS ADULTERY
WHY? BECAUSE WHEN YOU TAKE MORE THAN YOU NEED
YOU STARVE SOMEONE ELSE YOU SELFISH STUPID TWITS
goodnewsaboutgod.com
boo hoo gm workers dont have a job
WELCOME TO THE REAL WORLD assholes
Deet Reply:
April 27th, 2009 at 8:03 pm
I agree…. boo fuckin whoooo
GM makes shitty cars also
1776 Reply:
April 28th, 2009 at 6:55 am
wow who cares if you think they make shitty cars (joking or not joking) …. nafta and free trade took basically everything we made… we cant afford to lose GM….this is all done by design… i hope you can see this
charlie Reply:
April 28th, 2009 at 7:56 am
We can afford to lose whatever it takes to get our country back. Sure, it would be nice, especially from a defense standpoint, to keep the infrastructure of detroit, but the truth is we can’t afford to let the government run business. This is facism, BY DEFINITION! We specifally can’t afford to let the government have a monopoly on the cars in america. How long before they either raise taxes too high or plain make illegal to own a non “american made” car? follow this through past phase 1. They dictate a min of $4 fed tax /gal of gas (40 if inflation goes where it looks), make trucks, SUVs and decent and safe vehicles illegal, dictate when and where we can drive, and enslave the population completely, with the vast majority of people working directly for the government.
cheeseburger Reply:
April 30th, 2009 at 9:16 pm
right on, brother! All this to open America up to ‘free trade’. This is a euphemism for screw the worker. No one cared until the corporations started to suffer, now they will be forced to make some changes. Now they will become servants to the foreigner’s who make our goods, also. LMAO. Serves them right. Greedy bastards.
cheeseburger Reply:
April 30th, 2009 at 9:18 pm
This is Henry Fordsidea all over. He said workers must earn enough making the cars to afford them, otherwise who will I sell to? Bye Bye Chrysler, who’s next?
cheeseburger Reply:
April 30th, 2009 at 9:18 pm
…go Hyundai!
Jamine Jackson Reply:
April 27th, 2009 at 10:28 pm
Hey So What and Deet / Meet me somewhere and tell me that to my face !
You both have a problem and I want to teach you some respect .
You both stupied .
Reverend Josh Taylor Reply:
April 28th, 2009 at 9:29 pm
What does your apostasy have to do with GM? Sure, Money is the root of all evil. But you and everyone are forgetting that MONEY IS EVIL. So sell everything!!! DO IT!!! Get rid of it and join me. I’ll be in the wilderness, if you want to come. We sing hymns to pass the time and I will preach the gospel of The New Heaven and New Earth.
joe blow Reply:
April 29th, 2009 at 11:07 am
right on right on right on so what!
cheeseburger Reply:
April 30th, 2009 at 9:59 pm
Let’s not forget that the government bought GM for a very good reason. Most of the police, gov’t agencies and most of the fucking military is riding on GM vehicles. They go out of business and all of a sudden, who makes repair parts for those millions of cars and trucks? LOL.
April 27th, 2009 at 9:39 am
Well there will be jobs in Brazil when GM open up
April 27th, 2009 at 9:40 am
I feel for all the people who are going to get screwed. We’re talking livelihoods here. lost jobs, retirements,more foreclosures, the whole 9 yards and it will be felt nationwide. My deepest condolences. To the effers who caused it all, your day of reckoning is approaching fast. That is not a light you see at the end of the tunnel, but a freight train coming your way……
so what Reply:
April 27th, 2009 at 7:53 pm
you feel for them?
why dont you try reading LUKE CHAPTER SIX and then you will know
why its happening to them
cheeseburger Reply:
April 30th, 2009 at 9:25 pm
I think the whole thing is comical. For starters, by allowing so many good paying jobs to be sent overseas, how did the government think we would pay for things like cars, homes and taxes? Now they are giving away enough money in ’stimulus’ to make up for it! How long do you think the world will tolerate the US Mint just printing money and spending it? Eventually they will get wise and will start punishing us by selling our dollars in favor of more stable currency. I understand that right now no one is sure what’s more stable than the dollar, but when they do…look out.
Instead of regulating business and keeping workers here, the gov’t has allowed millions of jobs to be shipped overseas. Now the tax base is shrinking faster than George Bush’s brain matter. Doesn’t the bible say something about ‘reaping what you sow’? Pretty sure that applies here. In the meantime, gimme some mo stimulus, baby!
April 27th, 2009 at 9:43 am
Is the war finally over when the Generals die?
April 27th, 2009 at 9:44 am
people need to know how bad this will be.. this summer gm will lay of all these people and they will collect un employment or under emoplyment this will crush the mi unemployment system.
this was a bad mistake to get the tax payer involved it just esclates the problem with no solution in sight.what now?
April 27th, 2009 at 9:55 am
WAR GLOBAL WARMING ECONOMIC CRISES PIGFLUE and still i hear them obama obama obama obama
NutterSam Reply:
April 27th, 2009 at 10:01 am
Religons make people blind.
so what Reply:
April 27th, 2009 at 7:55 pm
YOUR TOTALLY RIGHT BUT JESUS IS THE TRUTH
JESUS IS GOD
JESUS IS COMING BACK
JESUS HATED THE RELIGIOUS OF HIS DAY HE CALLED THEM VIPERS
CHILDREN OF THE DEVIL BROOD OF SNAKES
JESUS IS GOD LOOK IT UP
emmanuel means GOD WITH US quit listening to the fucking lying
churches
mainstream churches are bullshit Political crap liars
goodnewsaboutgod.com
Truthfully Reply:
April 27th, 2009 at 8:03 pm
If Jesus is God, who did he pray to when he said “father forgive them”? If you will now try to explain the Holy Trinity, than I ask, is God inferior to himself? Why would he pray to himself?
Does God have a father? If Jesus is “Son of God”, than he is a part of God, yet not superior than the father.
If Jesus is coming again, where is he now? If you say in Heaven, than where is heaven? If you say it’s where God is, than tell me, does God have an end? I hear you say no… than he must fill all space and be endless… so if God fills all space and is in heaven, there is no place without God. So than what you are seeking for is here… yet you have eyes but cannot see, ears but cannot hear, and hearts (minds) but cannot understand. That what you seek has been here, but you wait for it to come.
Oh vain man! How much longer will you idle worship false ideas and not investigate the Truth in the opinions you embrace? Truth is eternal, it cannot come nor go… what you seek has always been here… same as mathematics, chemistry, mechanics, music… it all existed before man… waiting to be discovered.
bar abbas = son of god Reply:
April 28th, 2009 at 1:39 am
“god” lives[d] in a box called the Ark of the Covenant and it was placed inside the Temple of Solomon. The Hebrews borrowed this idea from the Egyptians.
Cliff Reply:
April 29th, 2009 at 3:49 pm
Jesus was God manifested in the flesh, and the holy trinity that consists of God, Jesus and the holy ghost is not one and the same, but different. God impregnated mary via the holy ghost, which made God Jesus’ Father, and there are several scriptures where Jesus himself says that he and the Father are “one”, and the only way to the Father is through “Him”(Jesus). What Jesus meant about he and the Father being as one, was they were of sound mind, body and spirit, both without blemish(sin). You’ll find the differentiation between God and Jesus in 1st Corinthians chapter 15 beginning with verse 24. There, after defeating sin and putting death under his feet, Jesus gives all of his power back to God, making him nothing more than a jewish rabbi that sits at the right hand of God on the throne! Not many people know this, and I have never heard any preacher talk about it either. NOw to address where God is. At the sermon Jesus gave on the mount of olives, he plainly explained that his Father (God), had a house with many rooms ready for those who believed in him. The universe has many heavens, but there is only one heaven that beholds the “Kingdom”! It will come down after the 1000 year reign and satan is tossed into the bottomless pit along with his helpers. Also, right now, Jesus is with the Father, sitting at his right hand waiting for his next order to come back for the church. And no, what we seek is NOT here on earth, for no man enters into the Kingdom without being born again! That’s in the book of John by the way too.
chesterr Reply:
April 29th, 2009 at 1:40 am
are you God?…how do you know this about jesus?…you sound like a self appointed egomaniac spokesman more likely…not a rarity in religion
Bobbipin Reply:
April 27th, 2009 at 10:14 am
He’s the Mohammed Christ Obama. Buy stock in all the kool aid they are gonna be drinking in DC soon.
April 27th, 2009 at 9:57 am
Remember in 2000 when GM felt so powerful that they took all those EV1s and crushed them? How the tables have turned. I bet they wish they could have those days back …and I wonder if they’d do anything differently?
They might as well have went backrupt back then when they wasted all that money resources on lobbyists to kill CARB. Imagine if they spent that money on R&D for electric vehicles … I think they’d be at least a little more solvent now. I imagine that the EV9 could have competed quite well against the Prius.
US Taxpayers spent $27 Billion on GM so they could axe 23,000 jobs and an iconic American brand? It’s outrageous, egregious, preposterous! We could have gotten that for FREE!
Corporate Bail-Outs DO NOT WORK! Let them fail!
bar abbas = son of god Reply:
April 28th, 2009 at 1:49 am
These are the days ain’t they?
I wonder how sales for any of them; Honda, Nissan, Toyota, GM, Ford,etc….can keep afloat while so many thousands and thousands of people are becoming unemployed by the week. One cant get credit or a loan with no job.
2bwise Reply:
April 28th, 2009 at 12:55 pm
bar, those companies all set up shop in China & selling to chinese customers where the demand is several times greater than the U.S. The chinese stopped riding bicycles & started driving car & trucks. Read my reply to another comment a little further down the page.
bar abbas = son of god Reply:
April 28th, 2009 at 6:35 pm
Yeah. My sister used to work at GM in Lansing, Michigan. They have a contract with China to produce a certain amount of Buick Enclaves for China. I believe the contract was 40,000 Buicks over a 3 year period.
This same Lansing plant was also building about 800 GMC’s for the Middle East too. I dont know what he stats are now for the Mid East production.
bar abbas = son of god Reply:
April 28th, 2009 at 6:39 pm
clarification: The number of GMC’s that is being built in Lansing,Michigan and being shipped to the Mideast, is per month. It was either 650 or 850 units per month being sold and shipped to the MidEast. The Buicks going to China was ramped up close to a year ago and still ahve a ways to go to fulfill that contract.
chesterr Reply:
April 29th, 2009 at 1:42 am
i work at a supplier in NH and i hope GM makes it…i always try to buy american made products, i hate f-ing china…
cheeseburger Reply:
April 30th, 2009 at 9:27 pm
Yo, Jackie. Who tol’ you to put da cream on! Did I tell ya to put da cream on! Love the handle, dude.
April 27th, 2009 at 10:06 am
Perhaps filesharing could be their new deal. I saw that in the debate recently. A filesharer Camilla K from SE claimed that we should put our energy into this new and modern industry instead of old ones like automobile industry. Must be a great comfort to the ones now losing their jobs. A “creative” filesharer has found the solution.
April 27th, 2009 at 10:12 am
How can GM go for broke when they are already broke?
2bwise Reply:
April 27th, 2009 at 2:04 pm
Your question simply confirms how the nwo media tells “half-truths” convincing everybody that everything is going “downhill”. The “only truth” in this article is the fact that U.S. consumers are “insurance poor”.There are 230 million vehicles under personal ownership in the U.S. out of a total population of 300 million people. The part they didn’t tell is that earlier this year China(1.3 billion people) became the “largest auto market in the whole wide world”. The reason they became the largest market is due to the fact that in the mid 1990’s there was only 1 vehicle for every 638 people & they have been achieving a year-after-year increase of 49% in vehicle sales since. There is like 6 to 8 auto companies from the U.S. & Europe selling vehicles to “Chinese customers” not U.S. customers. GM is one of those auto companies selling auto’s in China.
footnote: GM took their “bailout money” & set up shop in Brazil
April 27th, 2009 at 10:26 am
I come from a UAW family and the cause for this (this won’t be the first), is the UAW.
Detroit Reply:
April 27th, 2009 at 2:17 pm
Damn right it is. Greedy.
betty blue Reply:
April 27th, 2009 at 3:13 pm
no the cause was when oil went to 150.00 and fucked the middle class. And Why?
bar abbas = son of god Reply:
April 28th, 2009 at 1:55 am
The new GM contract (07) hired in 2-teir workers ( new workers ), and paid them $14 per hour, as they worked right alongside existing UAW members being paid 24, 26 , 28 per hour. That was pretty shitty.
cheeseburger Reply:
April 30th, 2009 at 9:40 pm
Naw, too simple. Before you people start ripping each others faces off, here it is: Failure of Government to regulate American business. Including the automotive industry. When the American worker prospered, since the early 40’s, so did business. (with a few cyclical hiccups). As soon as government allowed companies to put more and more people on the unemployment line that led to less money being spent, or injected into our economy, and more money flowing out to foreign land for more ‘investment’. We reached critical mass when several factors converged. Oil skyrocketed, mortgage interest skyrocketed and high unemployment resulted in mid-2008. Bush saw this coming and that’s why he simply gave everyone 600 dollars to spend. His people knew this taxpayer stimulus would put off the inevitable until the next administration.
Now, the only way to fix this problem is for government to finally step up to their friends in business and do the right thing. We need to add tariffs to bring the jobs back and punish companies that ship jobs overseas. Inherently, this is the role of government regulation. They are not regulating because companies have become so cozy with Uncle Sam that they are like those brown-nose’s from high school.( The ones who didn’t have to study because the teacher’s liked them) and no one will stand up to them. This whole bailout thing, including the failure of many of America’s top companies is due to people not spending money, because fewer and fewer are employed, leaving less and less disposable income to be spent on ‘unnecessary’ items like new cars and big screen t.v.’s.
Unfortunately this critical mass point we have reached is now not only affecting the working-class, but is having a devastating effect on corporations. Every government economist seems to be overlooking the key piece in solving this puzzle. What’s good for the worker, is good for America. Henry Ford recognized this when he began mass-producing the automobile. He said that for him to be successful, worker’s must earn enough to afford a car purchase, otherwise, who would his customer’s be?
Obama’s fudgin again…and Jesse Ventura’s not lettin’ him forget it…
April 27th, 2009 at 10:52 am
I’m selling my Ponyac next year. Any buyers?
2000 Sunfire GT, well kept, slightly modded.
Jason the Fed
bar abbas = son of god Reply:
April 28th, 2009 at 1:56 am
Fix it so 2 mules can pull it and we may have a deal.
April 27th, 2009 at 11:14 am
This is bogus. I just read an article titled: The 10 cars that will save Detroit. almost all the cars mentioned will be manufactured in Mexico, China, Europe or Thailand.
Yea, saving Detroit my ass!
None of this would’ve happened if people would have bought American cars in the fist place. Sure, you get the same canned complaints “Foreign cars are better built, Honda and Toyota know what the American consumers want… Blah Blah Blah…” Most American cars are less expensive, have build quality as good or better than their foreign counterparts, and they have more style (most of them do, anyways) People are still hung up on all the crappy cars that were built from the late 70’s into the late 80’s. Honestly, I’d rather drive a ford focus than a honda civic.
Before you call me a hater, I do have an import, I daily drive a Subaru WRX wagon that I bought used; I traded in a 02 Toyota Celica GT-S that I bought new. Both cars are decent, and there’s nothing wrong about owning an import, but these days, we should put our industry first; it’s the last vestige of our former economy that can possibly resurrect our productivity. Furthermore, my toyota spun a rod bearing just after 2000 miles, and needed a new short block and a cylinder head rebuild; I never had an american car that did that. Warranty covered the work, but the flaw was from a bad crank bearing that was put in from the factory.
I was torn between the Celica and a new mustang; I always regretted that decision.
I also have an old chevy, an old buick, and every other car I have owned has been american.
If you have worries about american cars, might I suggest buying a Ford? By far, the best American cars out there are fords! I’ve owned two different generations of Escorts, you could beat on them, forget to change the oil, whatever; they don’t break! My 1st gen escort made it past 200,000 miles. I lost it to a fire. my 2nd gen escort ran past 200,000 miles as well, and it still ran great when I sold it. I saw it on the road last year, running as good as ever!
Getting the government involved in the operations of an auto company will kill it; What does a politician know about the car business? NOTHING! That’s why I say buy a Ford; they’re the only car company that refuses to be sold out to the FEDS!
Just my 2 cents…
Happy motoring!
deathbyrevolt Reply:
April 27th, 2009 at 11:51 am
This is disinformation Big-E. You might of had good luck with American cars but you are dead wrong about that quality differences. Honda and Toyota’s blow almost any American Cars away. A Honda and a Toyota does not get any problems till well after 5 years. Most American cars that same problems AFTER ONLY 2 YEARS. That is the fact jack. Even if you are saying is true for youR experience, This does not reflect the overwhelming majority by a long shot. I have owned two American cars and two foreign cars. The foreign cars do not get and significant problems till the 5 year mark if not later where as American cars had major issues in 2 years. YOU MUST WORK FOR THE CAR INDUSTRY.
Chris Ruprecht Reply:
April 27th, 2009 at 9:54 pm
The US car companies had a sweet-heart deal and were sleeping with the oil companies. They were betrayed. The oil companies have no loyalty to anyone but their own pocket book. The car companies shot themselves in the foot. They made gas guzzling cars for a long time. Please tell me they didn’t know this might happen.
April 27th, 2009 at 11:20 am
HA!!! I knew GM didn’t plan to pay back the loans the government gave them and continues to give that failed peice of crap company that make POS cars. Taxpayers get worthless GM stock in exchange for the money they unwillingly loaned GM? Wow. I bet government is stupid enough to keep giving for nothing in return. This is unconstitutional as the government/taxpayers money is being used this way.
April 27th, 2009 at 11:42 am
Well Does this mean that Paulson and Geithner gets some free GM stock shares now?
April 27th, 2009 at 11:46 am
to start I want to say Buy American. The UAW ran up wages in the last 20 years more than the govt. did. Last I heard ( from a chevy worker ) floorsweepers make a minimum $30 an hour. Now the UAW owns part of GM and to make a profit they are closing American plants. If my (WW2 veteran) father was alive, he’d probably find a UAW leader and kick his ass! I think I’ll find a Pontiac worker and find a job with him or her. Thank you for reading.
April 27th, 2009 at 11:47 am
What the fuck was GM thinking? Fucken dumbasses they are. When we were all getting raped at the pump paying $5 per gallon a little while ago, GM wanted to compete with the small hondas/toyotas/nissans and they rolled out a piece of shit called the CHEVY AVEO. Nothing chevy about it. It is a korean car called Daewoo. In fact, it is pretty much a Daewoo Kalos. Daewoo failed in the U.S. for a reason in the 1990’s, because everyone agreed that it was a real piece of shit that falters after 40,000 miles. But when Daewoo went bankrupt, GM invested in them. Fucking retards, why did they think it was going to work??? The chevy aveo with its 1.6 litre engine yields only 22 mpg!! LOL!!! What a fucking joke! Might as well drive a fucking lincoln continental. And not to mention that the aveo is scary as fuck to drive as it has questionable control quality, and it was pretty much designed for a low speed urban enviornment. Fucking GM CEO was making over $39,000 (thirty nine thousand dollars) every day including weekends last year. My friend lemoned his chevy aveo after it sat in the dealers garage more than my friend’s. The fucker salesman actually told my friend that it’s his fault he was having all those problems, because the car was designed for a max speed of 55mph!! LOL! My friend should have gotten a moped and saved $11,000!! I just laughed every time I saw my friend driving it–I have never seen a brake master cylinder on a new car in less than 4 months of ownership. My ‘95 prelude I bought new still has the original one. And to change the tranny oil on the aveo cost $450 because the oil contains a special additive that comes from korea. LOL! Fuck you GM. I was always giving my friend rides to his job and shit, I mean we never knew when the brakes would fail AGAIN!
April 27th, 2009 at 12:46 pm
I have a ford f150 /01 has 130,000 never been in shop tuned up once ,change the oil every 4000 miles runs like a top//I will not drive a go-cart toy-ota /ever see what a 18 wheeler dose to a small car //not much left but scrap metal ???? GM made there on problem letting the gov. in there back door!!!!
Marlboro Man Reply:
April 27th, 2009 at 2:13 pm
I sure wish I had got my hands on a GTO before they stoped making them (DAM)
Jamine Jackson Reply:
April 28th, 2009 at 8:05 pm
get off your cheap ass and go buy a new Pontiac you crack head !
sandy Reply:
April 28th, 2009 at 8:32 am
01 diesel excursion for me with a big ole ranch hand bumper.. n let me tell you at 17 mpg it runs like a dream… never been in shop either… knock on wood…… no 18 wheeler make scrap metal outta me… well not all of it anyway…lol
April 27th, 2009 at 1:55 pm
bye bye firebird
April 27th, 2009 at 2:00 pm
I knew since Clinton that Michigan would get hit hard and it’s happening, not only is our state jobless but we are getting Aerosol forcing (Chemtrails) everyday. The D.O.E is really doing a number on us.
I thought the words NEVER AGAIN meant something after Hitler but I guess I was wrong because were getting Gassed everyday (Aerosol forcing) under the guise of Global Warming.
It wouldn’t surprise me if they use this new Flu as an excuse as to why they are spraying, they don’t want the birds to spread the virus.
April 27th, 2009 at 3:04 pm
Buy TRABANT!!! The only car that ever counted!!! Next to Pinto’s and Gremlins!!! Or maybe India’s new TaTa made deathtrap for $3K U.S.!!! It’s all about the love!!! “All ‘HAIL’ Thermal Expansion!!!”
Highlanderess Reply:
April 27th, 2009 at 4:34 pm
I miss the old Pacers.
roaddog Reply:
April 27th, 2009 at 10:08 pm
you got to be kidding. LOL
April 27th, 2009 at 3:20 pm
So the government and the unions own 90% of the company. Sounds like a prescription for success to me. They’ll be making the cars people want to buy before their next 20 minute break per 3 hours of work.
April 27th, 2009 at 4:33 pm
I’m from the Detroit area and it’s just plain sad what’s happened there. For years they’ve had the most corrupt mayors. That town, with all its’ industries, use to be booming. But then things aren’t much better here in FL.
April 27th, 2009 at 4:51 pm
GM plants are downsizing and closing plants in the US but are opening new GM plants Mexico and exporting the cars back to US in rows of trains.
April 27th, 2009 at 7:34 pm
He’s fudged since day one in this election.
No, seriously, I love the Jesse. Best thing that ever happened to MN.
cheeseburger Reply:
April 30th, 2009 at 9:57 pm
His brain is mush from being fake wrestled. Made lots of money though. Sounds like a crackhead on the commercials though. I love it. Jesse makes Jonsey look like the lipshitter he is. Coupla asshats they is…
April 27th, 2009 at 10:07 pm
It was no great loss when AMC went under, it just opened new doors to other car companies. Same thing will happen when gm, chrysler and whoever else fails. No big deal and no great loss. NEXT!!
NWO_Japs_FTW Reply:
April 27th, 2009 at 11:33 pm
Don’t be stupid.
There are 1 million pensions on the line just at General Motors.
There are also over 200 major auto parts suppliers at risk – possibly the same ones that make critical replacement parts for *YOUR* car.
This is going to be painful for everybody.
April 27th, 2009 at 10:32 pm
Let’s see if it still holds true “So goes GM, so goes the country.” Never expected to see it in a lifetime, but here it is! I guess the country is already giving out leading indicators and has been for some time. Economic crisis part deux headed our way. The fall of GM will rival the economic fallout storm of 911.
The new economy will be transporting American workers in rusty container ships to go work elsewhere or showing them how to hop a southern border fence to go find work in the new land of oppurtunity. I guess Bush knew something afterall when he said illegal immigrants were a main support of our economy. Look now, soon they can draw maps in the sand and lead Americans to work in MX and S America.
Hey, hey…also remember “If it feels good do it!” Fucking right it’s all Bushes fault, whiney aftermath loser-fuck shit stains.
April 27th, 2009 at 11:16 pm
So long GM, now get the hell out of the US and don’t come back!
Jamine Jackson Reply:
April 27th, 2009 at 11:33 pm
You dumb IKj ! I think your a punk with no spine . I work for GM and I think you don’t have the manhood to tell me to my face what you say about GM – You need to be taught some respect .
I want to talk to you in person you punk …………………
fuck you jamine jackson and fuck gm, hows that. Reply:
April 28th, 2009 at 2:00 am
.
Jamine Jackson Reply:
April 28th, 2009 at 11:26 am
u a coward White Boy
Jamine Jackson Reply:
April 28th, 2009 at 12:09 pm
Ijk is a coward everybody he hides behind his gay friends back —
April 27th, 2009 at 11:18 pm
Another bothersome union’s back is broken by the USA govt.
April 28th, 2009 at 12:25 am
http://www.youtube.com/watch?v=TW9IzJlPcUo
Hey AJ why do you not answer this guy ?
April 28th, 2009 at 12:25 am
hey al why dont you answer this guy?
http://www.youtube.com/watch?v=TW9IzJlPcUo
April 28th, 2009 at 12:26 am
hey alex why dont you address this guy’s claim… why aj?
http://www.youtube.com/watch?v=TW9IzJlPcUo
April 28th, 2009 at 3:58 am
My heart goes out to those employees at Pontiac who will lose their jobs. Unless they are foreigners in which case fuck ‘em.
RIP Pontiac – no chance for Firebirds or Goats, to come back and compete with the Mustang, Challenger, Cuda, and Charger for the nostalgia market. Camaro will be GM’s only muscle car providing (Chevrolet doesn’t get the axe either) available to us who don’t care to drive fuel friendly death boxes or SUV’s.
April 28th, 2009 at 5:53 am
see…. this is what happens when everyone buys shit on credit……. idiots!
April 28th, 2009 at 8:46 am
is gm still hiding that carb. that gets 50 miles + on a 4000 pound car?
April 28th, 2009 at 10:55 am
The money begin paid as bail out money to GM and Chrysler is really pay back money from Obama and his Obamunist party to the unionists for voting him into his czarist throne. He and his cronies keep printing money out of thin air and indebting you, I and our children and their children. This in itself is treason.
April 28th, 2009 at 12:58 pm
It would appear GM sure could use an innovative electric car in order to save their vaunted empire.
Oh yeah, I forgot, they had about a thousand on the streets of California back in the early 90’s called the EV1 but because it was a success, they cancelled all the leases and had the cars shipped to junk yards for crushing.
Appears the EV1 broke rule number one of the NeoCon elite: Need oil for gasoline; spin, exploit, destablize or kill anyone who stands in the way.
April 28th, 2009 at 1:48 pm
I have bought an American made car ever. Just too iffy on the quality.
GM SHOULD declare bankruptcy. Start with a clean slate.
April 28th, 2009 at 6:43 pm
Back in the sixties, I remember reading a letter to Playboy from someone saying how much he loved his Pontiac GTO. He said he loved it so much he wanted to be buried in it when he died.
I’ll just bet that he went on to have children, votes, and still reads the paper to find out what’s going on.
When the US was a fascist country, they said “What’s good for General Motors is good for the USA.” Then they said “What’s good for General Motors is good for the rest of the world. Pay up USA.”
And they did.
April 28th, 2009 at 9:08 pm
2010 GM trucks going read made in MEXICo and BRAZIL, while US formerly GM workers going to struggle paying their mortage
April 28th, 2009 at 10:33 pm
THINK I MAY GO SEE IF I CAN FIND A JOB A WAL MART — I GIVE UP WE LOST AMERICA .
April 28th, 2009 at 11:21 pm
Darn Censorship; Please let me speak
GM Europe
GM China
Airbus
Toyota
Honda
And many more
Every COUNTRY in the world competes against US companies and subsidizes their Industries with allot more than just Tax breaks.
Our Government has sold us out while the Religious and Liberals fight over things like abortion.
Can’t the Christians worry about their own lives instead of telling everyone else how to live theirs?
Well because we can’t agree on personal issues our Country and life as we know it is over.
We are almost completely De-industrialized.
Next to go will be every Beverage company that uses Co2 to carbonate their soda’s.
Well I guess it’s just God’s will or Gods plan.
I almost can’t wait for the NWO to take effect because all religions will be illegal, and then maybe People will wake up and come to the conclusion that the Founders made us a Secular Country for a reason. If the government uses Religion, depending on who’s in charge they can use any Religion. Well guess what the new Religion is Global Warming.
Peace
April 29th, 2009 at 1:43 am
I don’t understand how in the fuck some of you can blame UAW workers! We’re just busting our balls everyday in the factory, if you want to blame someone, blame the assholes who sit in the offices and don’t do shit. We make nothing compared to them, and we don’t get a say in how the company is run, so if you want to blame someone for running the US auto industry into the ground blame the fat cats up in their offices, the asshole politicians who put the US into unfair trade practices (where the competition uses labor that gets even less than we do, and gets treated even shittier), and the fucks who buy jap cars. Ever notice how the industry and the economy were better when the roads in AMERICA were filled with AMERICAN CARS!?!?!? They want us all to drive foreign cars made abroad and in the South where workers don’t get shit for pay or benefits, I say FUCK THAT! And fuck anyone who thinks that some asshole who sits in an office and doesn’t do shit deserves to get paid millions of dollars a year while I break my back and get pocket lint by comparison. Now because of their fuck ups I get to have the goddamn federal government as my boss…FUCK!
April 29th, 2009 at 1:47 am
Excellent, now the workers and the State own the means of production, the Proletarian Revolution is upon us comrades! Let us infiltrate and swell the ranks of the Obama movement like we did in the election and get Obama to crush more of the capitalist pigs before we seize power!
WORKERS OF THE WORLD, UNITE!
April 29th, 2009 at 5:37 am
So the government threw away some of your money…
Like… uhm… Didn’t we actually expect this to happen?
cheeseburger Reply:
May 1st, 2009 at 9:18 am
fellas, fellas. The government MUST give away the money or everyone starves. Didn’t you hear? American’s aren’t working because all our goods are made overseas. Uncle Sam must compensate the system with free money or everything grinds to a halt. Sure they could have prevented this and allowed the working-class to grow along with the CEO’s and corporate America, but that was too easy. Now they will just hand out stimulus checks until our money becomes more valuable to use as shit paper to wipe our poor, useless assholes.
Please don’t blame the UAW or the workers in this country. Blame the corporations and the CEO’s who colluded together to put everyone on the unemployment line. Poor bastards couldn’t see past their next election cycle, and now it’s biting them in the ass.
Instead of working for the money, dey gonna give us da stimulus. Gimme sum mo stimulus. brotha’ can you spare a dime?
April 29th, 2009 at 11:25 am
I won’t miss GM, I like japanese cars.
They put themselves in that situation though, if they had followed the trend honda, toyota, nissan, subaru all went by for the past two decades they wouldn’t have gone out of business.
Thats my take, because when I roll by the Chevy dealership on the way to work everyday all I ever see are Vettes, Escalades, Trucks, and they are all priced over 20k+
April 30th, 2009 at 8:27 am
Too big too fail, when they want money.
Time to sell when the taxpayers are left holding the bag.
That is a SCAM!!!
The government has no interest in getting our money back the way things have changed after giving GM money to save.
Does’nt matter if the money was spent right or wrong. The tax money is always there for them.
There needs to be some accountability with the government on investments or else we are doomed.
April 30th, 2009 at 8:55 am
I do not feel bad about GM for one simple reason, they should have fought for EV1 .
Today they could have been swimming in cash.
The second good thing about these bailouts and government interventions is that the America will shout the mouth and will never be able to lecture other nations on free market economy principles.
Other car manufacturers, should start asking their governments protection from unfair GM competion.Renault had to return the public grant when european commission decided that it was unfair.
I understand other main car producers dont even consider GM as a competitor and I think they are perfectly right
April 30th, 2009 at 12:18 pm
If Gm goes under,or is forced to by the gov.”EVERYBODY”will feel the effects,whether or not they
work in the industry.This is all being done on purpose,just like the “bacon”flu!
It won’t be much longer till the real truth of our country’s direction,smacks the brainless/clueless
masses upside of thier zombie heads,of course it will be to late!
April 30th, 2009 at 7:39 pm
Breaking News Chrysler Files for Bankruptcy : watch the CNBC report here :
http://www.youtube.com/watch?v=PZOQmHogR0k