> sKoE )= wrote:

> fuckin jesus you bitch and whinge lol!

You elected a government. Deal with it.

You little bitch.:P

If this post was about Bush you'd first would've kissed his feet for making a Bushing (Bush Bashing, im so witty) thread and afterwards you'd make of post supporting the claim.

What I find AMAZING...... Simply awfully amazing....

Is a group, assembled by a Marxist, that is now the President of the USA.....

assembled "Leaders in the Industry" to discuss a "Plan" to save GM....from itself.

You see whats going on here ??   If you take federal funds.....the OBAMA Whitehouse now has athority over the business.
He said so.  THEY will "HELP" GM make a business plan that WORKS !!!!

Can someone PLEASE Show me where OBAMA EVER.....EVER.... made a business plan before?

Acorn is now going to hire protesters (like they did for the AIG Exec Protest) and are going to camp WAGONERS house.....call him an evil Capitalist.

Obama was very gracious......
basically he told us all WAGONER SUCKS, and we at the whitehouse can run GM.

Companies are already stating......take your federal funds, and stick them where the sun dont shine.

Barney Franks already runs the banks now.  Him and Dodd and the Fed and Geithner.....

Looks like the WH runs the auto makers......

Its called SEPARATION OF POWER.

they should let GM go into bankruptcy.  The airlines did after 9/11, and the world didn't end.  Bankruptcy forces everybody to make concessions, including bondholders, unions, management, and suppliers.

Toyota do make better cars...

Yeah I gotta award Obama the order of the brass balls

"Oi Japan! I'm bailing out your competition, cause they suck ass! ..loan me $500 billion more to do it with, kthanksbai"

can you provide a link to what the democrats are proposing?

What I'm not talking about is a process where a company is simply broken up, sold off, and no longer exists.  We're not talking about that.  And what I'm not talking about is a company that's stuck in court for years, unable to get out.

So it's my hope that the steps I'm announcing today will have a salutary effect -- will go a long way forward towards answering many of the questions that people have about the future of GM and Chrysler.

But just in case there's still nagging doubts, let me say it as plainly as I can:  If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always.  Your warranty will be safe.  In fact, it will be safer than it's ever been, because starting today, the United States government will stand behind your warranty.

But we must also recognize that the difficulties facing this industry are due in no small part to the weaknesses in our economy as a whole.  And therefore, to support demand for auto sales during this period, I'm directing my team to take several steps.

First, we will ensure that Recovery Act funds to purchase government cars get out as quickly as possible and work through the budget process to accelerate other federal fleet purchases, as well.

Second, we'll accelerate our efforts through the Treasury Department's Consumer and Business Lending Initiative.  And we are working intensively with the auto finance companies to increase the flow of credit to both consumers and dealers.

Third, the IRS is launching a campaign to alert consumers of a new tax benefit for auto purchases made between February 16th and the end of this year -- if you buy a car anytime this year, you may be able to deduct the cost of any sales and excise taxes.  And this provision could save families hundreds of dollars and lead to as many as 100,000 new car sales.

Finally, several members of Congress have proposed an even more ambitious incentive program to increase car sales while modernizing our auto fleet.  And such fleet modernization programs, which provide a generous credit to consumers who turn in old, less fuel-efficient cars and purchase cleaner cars, have been successful in boosting auto sales in a number of European countries.  I want to work with Congress to identify parts of the Recovery Act that could be trimmed to fund such a program, and make it retroactive starting today.

Now, let there be no doubt, it will take an unprecedented effort on all our parts -- from the halls of Congress to the boardroom, from the union hall to the factory floor -- to see the auto industry through these difficult times.  And I want every American to know that the path I'm laying out today is our best chance to make sure that the cars of the future are built where they've always been built -- in Detroit and across the Midwest --  to make America's auto industry in the 21st century what it was in the 20th century -- unsurpassed around the world.  The path has been chosen after consulting with other governments that are facing this crisis.  We've worked closely with the government of Canada on GM and Chrysler, as both those companies have extensive operations there.  The Canadian government has indicated its support for our approach and will be announcing their specific commitments later today.

http://www.whitehouse.gov/the_press_office/Remarks-by-the-President-on-the-American-Automotive-Industry-3/30/09/

white house.gov has video of obama's 18 minute speech etc.

what the hell did I do
what the hell did I do
what the hell did I do
to get stuck with you
you're too wide for drive thru
and you smell like the shoe
O! [wuv] me!

"The path has been chosen after consulting with other governments that are facing this crisis.  We've worked closely with the government of Canada on GM and Chrysler, as both those companies have extensive operations there.  The Canadian government has indicated its support for our approach and will be announcing their specific commitments later today."

Huh I did not notice that part just now.

Sooo...Canucks!

where's your ante?

Can't let Uncle Sam's nephew go bankrupt!

Bailout $$$ should be given to well-run Japanese car companies to take GM, Chrysler and Ford off U.S taxpayers' hands. They've been economic deadweights for far too long and at least most of the employment can be preserved though this time invested in a -profitable- venture.

Because allowing a bank as large as say Citigroup or even a quasi-bank like AIG to go bankrupt would almost guaranteed lead to systemic failure. A GM bankruptcy would be bad but it would be nowhere near as bad.

Not to mention your govt has no savings for its bailouts and is very reliant on Chinese lending so it should try to save wherever it can.

>>What I'm not talking about is a process where a company is simply broken up, sold off, and no longer exists.<<

Not up to you.  That may be what the court orders.

  >>We're not talking about that.  And what I'm not talking about is a company that's stuck in court for years, unable to get out.<<

not up to you.  The creditors may rightly demand they get paid NOW instead of over 15 years.  The court may agree with them.

>>But just in case there's still nagging doubts, let me say it as plainly as I can:  If you buy a car from Chrysler or General Motors, you will be able to get your car serviced and repaired, just like always.  Your warranty will be safe.  In fact, it will be safer than it's ever been, because starting today, the United States government will stand behind your warranty.<<

This isn't the federal government's job; this isn't something the federal government can deal with without massive bureaucracy--at what level does the Federal Government deal with the warranty--the carowner gets permission for the repair, the dealer seeks compensation for repairs, or GM loses a ton of money on crap cars and then gets a bailout? All three?--and it leads to fraud, every time.  Medicare fraud is about $10 billion a year.  That's more than some national economies.

>>But we must also recognize that the difficulties facing this industry are due in no small part to the weaknesses in our economy as a whole.<<

Toyota, Mercedes, Rolls Royce and Honda are apparently not part of the US auto industry, despite their plants here.

  And therefore, to support demand for auto sales during this period, I'm directing my team to take several steps.

>>First, we will ensure that Recovery Act funds to purchase government cars get out as quickly as possible and work through the budget process to accelerate other federal fleet purchases, as well.<<

Whoop de shit.  I look forward to bureaucrats in Lincoln Towncars. It's the American way!

>>Second, we'll accelerate our efforts through the Treasury Department's Consumer and Business Lending Initiative.  And we are working intensively with the auto finance companies to increase the flow of credit to both consumers and dealers.<<

Here's Tex Obama and his dog Spot!

>>Third, the IRS is launching a campaign to alert consumers of a new tax benefit for auto purchases made between February 16th and the end of this year -- if you buy a car anytime this year, you may be able to deduct the cost of any sales and excise taxes.  And this provision could save families hundreds of dollars and lead to as many as 100,000 new car sales.<<

Get back to me when I'm assured that tax break.  "May be able" makes me go "ehn"

>>Finally, several members of Congress have proposed an even more ambitious incentive program to increase car sales while modernizing our auto fleet.  And such fleet modernization programs, which provide a generous credit to consumers who turn in old, less fuel-efficient cars and purchase cleaner cars, have been successful in boosting auto sales in a number of European countries.<<

Where, Greece?   turn in that 1940 Ford for a 1999 model?  Was it an American car? Bet not.

>>I want to work with Congress to identify parts of the Recovery Act that could be trimmed to fund such a program, and make it retroactive starting today. <<

Yeah nobody knows what to do with the money, so f it.

>>Now, let there be no doubt, it will take an unprecedented effort on all our parts -- from the halls of Congress to the boardroom, from the union hall to the factory floor -- to see the auto industry through these difficult times.  And I want every American to know that the path I'm laying out today is our best chance to make sure that the cars of the future are built where they've always been built -- in Detroit and across the Midwest<<

All you factory owners in TN go F yourselves!  Detroit playas, holla!

>> --  to make America's auto industry in the 21st century what it was in the 20th century -- unsurpassed around the world.<<

By propping up the corpse of failed companies around their shitbox trucks, hoping to God that financing drives sales and govt sales make a difference, squelching competition and innovation and telling other industrialized nations to go f themselves, sucks to be you.  Driving down the dollar by guaranteeing  the warranty on a Jeep/Wrangler!!!!

THEIR

CARS

SUCK

I don't see the President in one!  There's a reason they're in the toilet, worse than anybody--their cars suck!!

  >>The path has been chosen after consulting with other governments that are facing this crisis.  We've worked closely with the government of Canada on GM and Chrysler, as both those companies have extensive operations there.  The Canadian government has indicated its support for our approach and will be announcing their specific commitments later today.<<

"We can't do a damn thing.  America must turn to Canada to bail out our special interests. And if, which I do not believe for a moment, our graft ridden socialist state collapses under its own corrupt greed, Asia will carry on the fight"

Anyone who seriously thinks obama is a marxist should seek medical help now.