[ARCHIVED THREAD] - Obama files Chapter 11 ... (Page 1 of 2)
Posted: 6/1/2009 4:15:14 AM EDT
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Since Obama has wrestled himself into a 60% GM ownership position, then I reckon it was he who filed.
Just sayin' ... 
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He's just giving GM and Chrysler to the unions as a thanks for their votes in the next elections. Obvious payoff is obvious.  The other option being letting them slide into liquidation and giving the whole kit-and-kaboodle to foreign owners. Lose-lose-lose situation. |
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Quoted:
Quoted:
He's just giving GM and Chrysler to the unions as a thanks for their votes in the next elections. Obvious payoff is obvious. The other option being letting them slide into liquidation and giving the whole kit-and-kaboodle to foreign owners. Lose-lose-lose situation. WHy wasn't this done before the taxpayers shoved billions down the black hole that is GM? Paybacks and Payoffs! |
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Quoted:
Quoted:
He's just giving GM and Chrysler to the unions as a thanks for their votes in the next elections. Obvious payoff is obvious. The other option being letting them slide into liquidation and giving the whole kit-and-kaboodle to foreign owners. Lose-lose-lose situation. They could have held their debt in abeyance, deregulated their entire industry (yes, including safety standards), and let the chips fall where they may afterwards. As it is, it's still not going to work. For the same reasons Soviet cars universally sucked. |
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He's just giving GM and Chrysler to the unions as a thanks for their votes in the next elections. Obvious payoff is obvious. Obama is just setting up His Scapegoats; "I didn't create this Problem, it was BUSH the UAW" 
He can't blame His Administration when "WE" realize OUR Money has been BURNED? ETA.....He defines Perfection?? 
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another Scapegoat.....
Thank God for Yale Law School.....they are SO smart 
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another Scapegoat..... Thank God for Yale Law School.....they are SO smart The Times doesn't seem too keen on the little punk. |
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Quoted: Quoted: He's just giving GM and Chrysler to the unions as a thanks for their votes in the next elections. Obvious payoff is obvious. The other option being letting them slide into liquidation and giving the whole kit-and-kaboodle to foreign owners. Lose-lose-lose situation. That will happen anyways, unless we keep bailing them out forever... The unions are not capable of managing a major corp... |
| The "gubermint" can't even straighten out its own house, and now they are going to straighten out someone elses'. If you ask me, the "U.S. gubermint" is also broke, technically anyways. Anybody want to start a "dead pool" on how long "gubermint motors" will survive? |
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Quoted:
The "gubermint" can't even straighten out its own house, and now they are going to straighten out someone elses'. If you ask me, the "U.S. gubermint" is also broke, technically anyways. Anybody want to start a "dead pool" on how long "gubermint motors" will survive? GM will become another Amtrak. An utter failure surviving off the tit of a fat bloated government pig. |