obama is giving gmac another 7.5 billion

BrentCrude · 05-22-09, 07:32 AM

I'm going to be 50 in Sept.lived with this crap all my life!

Conservative libertarians aren't born that way,they lived in a socialist crap environment all their life and they revolt and become conservative libertarians.That's why when these topics come up I look like a real a-hole that always spouts off about how bad socialism is.hehe!

This protected species,too big to fail bail out socialism has been a part of where I live my entire life.It's a stronghold FDR socialist euro-eastern block nationality steelworkers union dominated area called the iron range of Minnesota.The Catholic church is a stronghold but the real religion is the democrat party.The steelworkers have a conservative thread in their makeup where they are pro gun,not into global warming,like their big 4 wheel drive Hemmies,are anti gay marriage and frown upon abortion but they vote into office the most left wing progressive socialist liberals because they give the steelworkers as many glorified social welfare programs as their heart desires for their votes and endorsement.If you get laid off from an iron mine,you can collect checks for years upon years.One year it's called unfair trade act compensation,the next year is displaced worker retraining.etc.I know some guys that collected full pay checks for a decade who worked in bits and pieces at the mines for maybe a full calendar year.If you are a private sector-non union employee in something such as working for Roto Rooter and get laid off,you get diddly squat from the democrats and you will be working for another shit unplugger upper the next week.

Then the situation is where we have layer upon layer of government alphabet soup social agency programs up here where government employment is bloated.You can thank the steelworkers union for voting for progressive democrats and having that happen.So the steelworkers actually are the cause of the mines they work at being over taxed and over regulated where they are less competitve where it hurts their chances of retaining employment at the mines.

Then we have had this state run industry mentality here forever.The mines pay huge taxes and the area has a tax fund much like Alaska has from oil revenue.Alaska goes the dividend route where each person gets a check which is great but here the democrats hold the purse strings and give the money to their cronies starting businesses and such.Someone may have a thriving business where they self started it with bank loans etc.All of a sudden,some democrat cronie gets grants and loans etc.to start a competing business in the same field and the private sector guy gets run out of business because he didn't get the freebies to be able to compete.

I could write volumes on how I could see the Obama train wreck coming when people thought he was some savior.These Obama types on a whim just arbitrarial decide who's going to be put on Santa's good boy list getting freebies and who's going to be placed on the naughty list getting a rotten potato on a stick and a sock full of coal.

Even though he thinks the military can do no wrong wasting money and nation building where he's a bit of a neocon,I have to get a daily dose of Glenn Beck because he thinks the same way I do about the stuff I rant about.

Slim · 05-22-09, 08:02 AM

Originally posted by pico

printing press is overheating i bet, that is what happens when a black takes over.

Yea they ruin everything. Hopefully we have a white president next election.

L2Gunz · 05-22-09, 08:44 AM

so is now the time to buy a cadillac???

L2Gunz · 05-22-09, 09:40 AM

Now that GM is going to file bankrupt as early as next week...would it be a smart move to buy a GM Motors vehicle(cadillac)???
How would the financing be??? Would I still get 100k warranty???

thanks in advance

007Fatty · 05-22-09, 10:06 AM

whywould you buy one now?
if they are gonna go under wait until they go under and than buy one.
but its stupid to because if anything goes wrong
you dont got the warranty.

daggerkobe · 05-22-09, 10:18 AM

Warranty is backed by the government so no worries there.

And even if they file for bankruptcy, there won't be any fire sales going on. It'll be business as usual.

L2Gunz · 05-22-09, 10:34 AM

Thanks guys!!

pico · 05-22-09, 10:47 AM

fvck cars, buy smith and wesson.

DwightShrute · 05-22-09, 11:37 AM

cassiusclay · 05-22-09, 11:45 AM

the uaw is going to have control of gm, the same guys who put them in the jam they are in now are going to run this company even further into the ground.

DwightShrute · 05-22-09, 11:51 AM

Obamahood now owns 35% of GMAC

L2Gunz · 05-22-09, 12:00 PM

Originally posted by pico

fvck cars, buy smith and wesson.

have several smith and wesson...good tools

daggerkobe · 05-22-09, 12:08 PM

Why do people continue to blame the UAW?

If you went to your boss and asked for a 200% raise and he agreed since the company was doing well, would it be your fault if the company faced financial problems in the future?

It's not the unions fault that they kept building shitty unreliable cars. They pretty much abandoned the passenger car segment to build gas guzzling behemoths like Hummers & Escalades. Doesn't take a genius to know what happened next when gas prices trippled.

Without unions, none of you would have bathroom and lunch breaks, Or overtime pay or worker's comp, or safe working environments, and being paid slave wages, etc. So stop blaming unions, you e-tards!

DwightShrute · 05-22-09, 12:11 PM

Originally posted by daggerkobe

Why do people continue to blame the UAW?

Without unions, none of you would have bathroom and lunch breaks, Or overtime pay or worker's comp, or safe working environments, and being paid slave wages, etc. So stop blaming unions, you e-tards!

Come on! that is a load of crock

Unions have their place just like the government but too much of either is ALWAYS bad news

cassiusclay · 05-22-09, 12:21 PM

Originally posted by daggerkobe

Why do people continue to blame the UAW?

If you went to your boss and asked for a 200% raise and he agreed since the company was doing well, would it be your fault if the company faced financial problems in the future?

It's not the unions fault that they kept building shitty unreliable cars. They pretty much abandoned the passenger car segment to build gas guzzling behemoths like Hummers & Escalades. Doesn't take a genius to know what happened next when gas prices trippled.

Without unions, none of you would have bathroom and lunch breaks, Or overtime pay or worker's comp, or safe working environments, and being paid slave wages, etc. So stop blaming unions, you e-tards!

unions were necessary at one point, the average american factory worker was getting the short end of the stick. the old addage "pigs get fed, hogs get slaughtered" applies to the unions of today. 100 paid personal days, free lifetime health care, come on. before gm builds a car their cost is $6,000. ultimately it's gm's fault not the uaw but instead of taking advantage of them for the last 20 years concessions should have been made. nobody wins now.

by the way, gm's plan is to build fuel efficient cars in CHINA, not the US

DwightShrute · 05-22-09, 12:26 PM

look at California! Most union government employees can retire at 49 with 90% if their salary for life with full health care!

How is that good? The private sector pays for all that.

daggerkobe · 05-22-09, 12:42 PM

Do you really believe a $5000 big screen TV has $5000 worth of parts? Of course not. Do you believe a $1M home has $1M in material? Of course not.... it's mostly labor costs. No different with cars.

Blaming GM's woes on the UAW is akin to blaming the players union if the NBA were to file for bankruptcy. They approved the sweet deal because they were raking in the cash, just like GM was when they agreed to UAW's demands. They could have said NO and replaced them with scabs.

If you went to your boss and demanded $1M salary and they agreed to it, would it be your fault if the company ends up bankrupt????? Of course not.

But again, this isn't a union problem.... they could be working for free and GM would still be in the same boat. It's not the union's fault whatsoever, it's the CEOs, designers, engineers, quality control inspectors, etc. that caused the driving public to buy their cars elsewhere.

DwightShrute · 05-22-09, 12:47 PM

Originally posted by daggerkobe

Do you really believe a $5000 big screen TV has $5000 worth of parts? Of course not. Do you believe a $1M home has $1M in material? Of course not.... it's mostly labor costs. No different with cars.

Blaming GM's woes on the UAW is akin to blaming the players union if the NBA were to file for bankruptcy. They approved the sweet deal because they were raking in the cash, just like GM was when they agreed to UAW's demands. They could have said NO and replaced them with scabs.

If you went to your boss and demanded $1M salary and they agreed to it, would it be your fault if the company ends up bankrupt????? Of course not.

But again, this isn't a union problem.... they could be working for free and GM would still be in the same boat. It's not the union's fault whatsoever, it's the CEOs, designers, engineers, quality control inspectors, etc. that caused the driving public to buy their cars elsewhere.

Well said for sure.

I agree that there is a place for Unions but too much of anything is usually a bad thing. Too many unions and too much government is always the case IMO.

There are great unions and great private employers and **** versa. I would never have a union shop personally.

cassiusclay · 05-22-09, 12:50 PM

Originally posted by daggerkobe

Do you really believe a $5000 big screen TV has $5000 worth of parts? Of course not. Do you believe a $1M home has $1M in material? Of course not.... it's mostly labor costs. No different with cars.

Blaming GM's woes on the UAW is akin to blaming the players union if the NBA were to file for bankruptcy. They approved the sweet deal because they were raking in the cash, just like GM was when they agreed to UAW's demands. They could have said NO and replaced them with scabs.

If you went to your boss and demanded $1M salary and they agreed to it, would it be your fault if the company ends up bankrupt????? Of course not.

But again, this isn't a union problem.... they could be working for free and GM would still be in the same boat. It's not the union's fault whatsoever, it's the CEOs, designers, engineers, quality control inspectors, etc. that caused the driving public to buy their cars elsewhere.

sort of agree with what your saying but gm hasn't been "raking in cash" in a long time.