Home › Forums › Financial Markets/Economics › GM seeks up to $30B in aid, to cut 47,000 jobs
- This topic has 475 replies, 24 voices, and was last updated 15 years, 2 months ago by
Coronita.
-
AuthorPosts
-
March 3, 2009 at 1:54 PM #359993March 3, 2009 at 1:55 PM #359411CoronitaParticipant
[quote=svelte][quote=macromaniac]This is getting absolutely ridiculous!
What are these people doing with this money? Where is the accountability here? Enough is enough. JUST SAY NO MORE…[/quote]
This is getting ridiculous!
Toyota, Mitsubishi, and Nissan have all asked for their OWN bailouts this week.
Can’t they manage their business?? They should be shut down too!
[/quote]Well, that’s sort of what happens when one government starts bailing out private industry. Then pretty soon, you have other governmenets following suit, and we’re back to square one on protectionism and trade war.
See it’s not a trade war of import tariffs. Right now, it’s the trade war of which government provides the most subsidies, and eventually which government bleeds faster to the point they can no longer subsidize.
March 3, 2009 at 1:55 PM #359712CoronitaParticipant[quote=svelte][quote=macromaniac]This is getting absolutely ridiculous!
What are these people doing with this money? Where is the accountability here? Enough is enough. JUST SAY NO MORE…[/quote]
This is getting ridiculous!
Toyota, Mitsubishi, and Nissan have all asked for their OWN bailouts this week.
Can’t they manage their business?? They should be shut down too!
[/quote]Well, that’s sort of what happens when one government starts bailing out private industry. Then pretty soon, you have other governmenets following suit, and we’re back to square one on protectionism and trade war.
See it’s not a trade war of import tariffs. Right now, it’s the trade war of which government provides the most subsidies, and eventually which government bleeds faster to the point they can no longer subsidize.
March 3, 2009 at 1:55 PM #359857CoronitaParticipant[quote=svelte][quote=macromaniac]This is getting absolutely ridiculous!
What are these people doing with this money? Where is the accountability here? Enough is enough. JUST SAY NO MORE…[/quote]
This is getting ridiculous!
Toyota, Mitsubishi, and Nissan have all asked for their OWN bailouts this week.
Can’t they manage their business?? They should be shut down too!
[/quote]Well, that’s sort of what happens when one government starts bailing out private industry. Then pretty soon, you have other governmenets following suit, and we’re back to square one on protectionism and trade war.
See it’s not a trade war of import tariffs. Right now, it’s the trade war of which government provides the most subsidies, and eventually which government bleeds faster to the point they can no longer subsidize.
March 3, 2009 at 1:55 PM #359895CoronitaParticipant[quote=svelte][quote=macromaniac]This is getting absolutely ridiculous!
What are these people doing with this money? Where is the accountability here? Enough is enough. JUST SAY NO MORE…[/quote]
This is getting ridiculous!
Toyota, Mitsubishi, and Nissan have all asked for their OWN bailouts this week.
Can’t they manage their business?? They should be shut down too!
[/quote]Well, that’s sort of what happens when one government starts bailing out private industry. Then pretty soon, you have other governmenets following suit, and we’re back to square one on protectionism and trade war.
See it’s not a trade war of import tariffs. Right now, it’s the trade war of which government provides the most subsidies, and eventually which government bleeds faster to the point they can no longer subsidize.
March 3, 2009 at 1:55 PM #359998CoronitaParticipant[quote=svelte][quote=macromaniac]This is getting absolutely ridiculous!
What are these people doing with this money? Where is the accountability here? Enough is enough. JUST SAY NO MORE…[/quote]
This is getting ridiculous!
Toyota, Mitsubishi, and Nissan have all asked for their OWN bailouts this week.
Can’t they manage their business?? They should be shut down too!
[/quote]Well, that’s sort of what happens when one government starts bailing out private industry. Then pretty soon, you have other governmenets following suit, and we’re back to square one on protectionism and trade war.
See it’s not a trade war of import tariffs. Right now, it’s the trade war of which government provides the most subsidies, and eventually which government bleeds faster to the point they can no longer subsidize.
March 3, 2009 at 2:00 PM #359416Rt.66
Participant[quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota?
March 3, 2009 at 2:00 PM #359717Participant[quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota?
March 3, 2009 at 2:00 PM #359862Participant[quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota?
March 3, 2009 at 2:00 PM #359900Participant[quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota?
March 3, 2009 at 2:00 PM #360003Participant[quote=svelte]
Can’t they manage their business?? They should be shut down too!
[/quote]LOL,
Seems after decades of Government support (the Japanese Gov. even funded Toyota’s Hybrid program), assistance and the entire might of Japan running interference, clearing the way to easy victory with unfair trade policies and currency manipulation Toyota is back at the Gov. trough.
Next up, the Japanese people demanding the demise of Toyota?
March 3, 2009 at 2:07 PM #359431CoronitaParticipant[quote=Scarlet]macromaniac,
I don’t agree, but the Elite are happy your programming is intact.
Are the UAW workers in Ohio, Tennessee, Indiana, Georgia, Oklahoma etc., lazy good for nothing people too?
Dude when was the last time you drove by a CalTrans job and seen even 1/2 of the guys actually doing anything?
At a construction site?
Care to peak inside the internet surfing world that exists inside every fortune 500 office cubicle building?
I’ve seen those things first hand, does that make me an expert on something?
GM must be doing a few things correctly because in good times they manage to make great cars and trucks and locomotives and even make a profit. You make it sound as if things are so aweful nothing ever gets done.
Huge, exagerated sensationaism is a great tool to put misleading negatives into people’s heads and get them to think the way you need them to.Think about it? How often do you hear a Japanese car driver say something like “GM, oh their cars are ok, I just liked the look of this tiny little Prius better”. Nah, you hear something more like “GM, shit no! Their cars are junk”. Why?
I’ve had bad luck with Japanese cars but I can admit that based on other people’s experiences they are descent cars, just as are VWs, Audis and BMWs. You really cannot buy a truely shitty car on any car lot in the US right now. Every one of them is likely to go 100K with no real problems if you take care of them. Lots of GM cars will make 200k for their owners with no real problems as will lots of Hondas.
[/quote]Why do you continue to talk about reliability of GM/Ford/Chrysler? I never said GM/Chrysler make unreliable cars. I just said a good portion of their portfolio is crap, two completely different things.
Top reasons why I wouldn’t buy most GM/Chrysler/Ford cars are
(1) Exterior looks like crap
(2) interior looks like crap
(3) poor resale value
(4) terrible handling and driving dynamics
(5) most are FWD
(6) costs as much as an import that I could find better in most categories 1-6.Unless a car is a performance oriented, it’s simply not sufficient to just be “more reliable” when an import offers reliability + most of 1-6.
You can debate all you want whether you think GM cars are cool or not. Numbers speak themselves. There’s a reason why Camry’s/Accords are top sellers. Consumers for some reason of the other find the overall packaging more attractive. Just a few years ago, Hyundai’s were the butt of all jokes. But times have changed. The Genesis sedan has found a niche and so has the coupe.
BTW: I don’t drive a honda or toyota personally. And I can tolerate slightly more reliability issues IF the car’s performance speaks for itself.
March 3, 2009 at 2:07 PM #359733CoronitaParticipant[quote=Scarlet]macromaniac,
I don’t agree, but the Elite are happy your programming is intact.
Are the UAW workers in Ohio, Tennessee, Indiana, Georgia, Oklahoma etc., lazy good for nothing people too?
Dude when was the last time you drove by a CalTrans job and seen even 1/2 of the guys actually doing anything?
At a construction site?
Care to peak inside the internet surfing world that exists inside every fortune 500 office cubicle building?
I’ve seen those things first hand, does that make me an expert on something?
GM must be doing a few things correctly because in good times they manage to make great cars and trucks and locomotives and even make a profit. You make it sound as if things are so aweful nothing ever gets done.
Huge, exagerated sensationaism is a great tool to put misleading negatives into people’s heads and get them to think the way you need them to.Think about it? How often do you hear a Japanese car driver say something like “GM, oh their cars are ok, I just liked the look of this tiny little Prius better”. Nah, you hear something more like “GM, shit no! Their cars are junk”. Why?
I’ve had bad luck with Japanese cars but I can admit that based on other people’s experiences they are descent cars, just as are VWs, Audis and BMWs. You really cannot buy a truely shitty car on any car lot in the US right now. Every one of them is likely to go 100K with no real problems if you take care of them. Lots of GM cars will make 200k for their owners with no real problems as will lots of Hondas.
[/quote]Why do you continue to talk about reliability of GM/Ford/Chrysler? I never said GM/Chrysler make unreliable cars. I just said a good portion of their portfolio is crap, two completely different things.
Top reasons why I wouldn’t buy most GM/Chrysler/Ford cars are
(1) Exterior looks like crap
(2) interior looks like crap
(3) poor resale value
(4) terrible handling and driving dynamics
(5) most are FWD
(6) costs as much as an import that I could find better in most categories 1-6.Unless a car is a performance oriented, it’s simply not sufficient to just be “more reliable” when an import offers reliability + most of 1-6.
You can debate all you want whether you think GM cars are cool or not. Numbers speak themselves. There’s a reason why Camry’s/Accords are top sellers. Consumers for some reason of the other find the overall packaging more attractive. Just a few years ago, Hyundai’s were the butt of all jokes. But times have changed. The Genesis sedan has found a niche and so has the coupe.
BTW: I don’t drive a honda or toyota personally. And I can tolerate slightly more reliability issues IF the car’s performance speaks for itself.
March 3, 2009 at 2:07 PM #359878CoronitaParticipant[quote=Scarlet]macromaniac,
I don’t agree, but the Elite are happy your programming is intact.
Are the UAW workers in Ohio, Tennessee, Indiana, Georgia, Oklahoma etc., lazy good for nothing people too?
Dude when was the last time you drove by a CalTrans job and seen even 1/2 of the guys actually doing anything?
At a construction site?
Care to peak inside the internet surfing world that exists inside every fortune 500 office cubicle building?
I’ve seen those things first hand, does that make me an expert on something?
GM must be doing a few things correctly because in good times they manage to make great cars and trucks and locomotives and even make a profit. You make it sound as if things are so aweful nothing ever gets done.
Huge, exagerated sensationaism is a great tool to put misleading negatives into people’s heads and get them to think the way you need them to.Think about it? How often do you hear a Japanese car driver say something like “GM, oh their cars are ok, I just liked the look of this tiny little Prius better”. Nah, you hear something more like “GM, shit no! Their cars are junk”. Why?
I’ve had bad luck with Japanese cars but I can admit that based on other people’s experiences they are descent cars, just as are VWs, Audis and BMWs. You really cannot buy a truely shitty car on any car lot in the US right now. Every one of them is likely to go 100K with no real problems if you take care of them. Lots of GM cars will make 200k for their owners with no real problems as will lots of Hondas.
[/quote]Why do you continue to talk about reliability of GM/Ford/Chrysler? I never said GM/Chrysler make unreliable cars. I just said a good portion of their portfolio is crap, two completely different things.
Top reasons why I wouldn’t buy most GM/Chrysler/Ford cars are
(1) Exterior looks like crap
(2) interior looks like crap
(3) poor resale value
(4) terrible handling and driving dynamics
(5) most are FWD
(6) costs as much as an import that I could find better in most categories 1-6.Unless a car is a performance oriented, it’s simply not sufficient to just be “more reliable” when an import offers reliability + most of 1-6.
You can debate all you want whether you think GM cars are cool or not. Numbers speak themselves. There’s a reason why Camry’s/Accords are top sellers. Consumers for some reason of the other find the overall packaging more attractive. Just a few years ago, Hyundai’s were the butt of all jokes. But times have changed. The Genesis sedan has found a niche and so has the coupe.
BTW: I don’t drive a honda or toyota personally. And I can tolerate slightly more reliability issues IF the car’s performance speaks for itself.
March 3, 2009 at 2:07 PM #359915CoronitaParticipant[quote=Scarlet]macromaniac,
I don’t agree, but the Elite are happy your programming is intact.
Are the UAW workers in Ohio, Tennessee, Indiana, Georgia, Oklahoma etc., lazy good for nothing people too?
Dude when was the last time you drove by a CalTrans job and seen even 1/2 of the guys actually doing anything?
At a construction site?
Care to peak inside the internet surfing world that exists inside every fortune 500 office cubicle building?
I’ve seen those things first hand, does that make me an expert on something?
GM must be doing a few things correctly because in good times they manage to make great cars and trucks and locomotives and even make a profit. You make it sound as if things are so aweful nothing ever gets done.
Huge, exagerated sensationaism is a great tool to put misleading negatives into people’s heads and get them to think the way you need them to.Think about it? How often do you hear a Japanese car driver say something like “GM, oh their cars are ok, I just liked the look of this tiny little Prius better”. Nah, you hear something more like “GM, shit no! Their cars are junk”. Why?
I’ve had bad luck with Japanese cars but I can admit that based on other people’s experiences they are descent cars, just as are VWs, Audis and BMWs. You really cannot buy a truely shitty car on any car lot in the US right now. Every one of them is likely to go 100K with no real problems if you take care of them. Lots of GM cars will make 200k for their owners with no real problems as will lots of Hondas.
[/quote]Why do you continue to talk about reliability of GM/Ford/Chrysler? I never said GM/Chrysler make unreliable cars. I just said a good portion of their portfolio is crap, two completely different things.
Top reasons why I wouldn’t buy most GM/Chrysler/Ford cars are
(1) Exterior looks like crap
(2) interior looks like crap
(3) poor resale value
(4) terrible handling and driving dynamics
(5) most are FWD
(6) costs as much as an import that I could find better in most categories 1-6.Unless a car is a performance oriented, it’s simply not sufficient to just be “more reliable” when an import offers reliability + most of 1-6.
You can debate all you want whether you think GM cars are cool or not. Numbers speak themselves. There’s a reason why Camry’s/Accords are top sellers. Consumers for some reason of the other find the overall packaging more attractive. Just a few years ago, Hyundai’s were the butt of all jokes. But times have changed. The Genesis sedan has found a niche and so has the coupe.
BTW: I don’t drive a honda or toyota personally. And I can tolerate slightly more reliability issues IF the car’s performance speaks for itself.
-
AuthorPosts
- You must be logged in to reply to this topic.