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Maybe we should stop subsidizing companies that can't compete.
Start by taking the filibuster away from the Republicans.
Maybe we should stop subsidizing companies that can't compete.
Start by taking the filibuster away from the Republicans.
Of course you want to silence freedom of speech.
It terrifies you.
Remember when Obama saved GM?
Instead of letting go through an orderly bankruptcy and reorganizing its finances and operations, Obama stepped in to screw the Senior Secured Creditors (pension funds and investors who thought they had a senior claim on GM) and handed equity in the Company to the laziest, most incompetent group on the planet: The UAW.
Now that Government Motors has recalled more cars than they've sold, does this still count as an Obama Success?
GM's recall nightmare - May. 21, 2014
Start by taking the filibuster away from the Republicans.
Of course you want to silence freedom of speech.
It terrifies you.
No. I just want the party that can't compete to lose their right to do as a minority what only a majority should be able to do. It's the Congress, not the Special Congress. Don't give the retards a prize for losing.
When was Toyota bailed out by the Federal Government in a fake bankruptcy proceeding which shafted legitimate bondholders and allowed the company to keep the tax benefits of Net Operating Losses which should have been voided under bankruptcy law?
Maybe we should subsidize the crap out of GM the way Japan does with Toyota
Remember when Obama saved GM?
Instead of letting go through an orderly bankruptcy and reorganizing its finances and operations, Obama stepped in to screw the Senior Secured Creditors (pension funds and investors who thought they had a senior claim on GM) and handed equity in the Company to the laziest, most incompetent group on the planet: The UAW.
Now that Government Motors has recalled more cars than they've sold, does this still count as an Obama Success?
GM's recall nightmare - May. 21, 2014
I remember when Bush approved the bailout because the loss of jobs from GO and Chrysler going under would have destroyed our country.
Do you?
Remember when Obama saved GM?
Instead of letting go through an orderly bankruptcy and reorganizing its finances and operations, Obama stepped in to screw the Senior Secured Creditors (pension funds and investors who thought they had a senior claim on GM) and handed equity in the Company to the laziest, most incompetent group on the planet: The UAW.
Now that Government Motors has recalled more cars than they've sold, does this still count as an Obama Success?
GM's recall nightmare - May. 21, 2014
When was Toyota bailed out by the Federal Government in a fake bankruptcy proceeding which shafted legitimate bondholders and allowed the company to keep the tax benefits of Net Operating Losses which should have been voided under bankruptcy law?
Maybe we should subsidize the crap out of GM the way Japan does with Toyota
Or state governments like Tennessee.
Start by taking the filibuster away from the Republicans.
Of course you want to silence freedom of speech.
It terrifies you.
No. I just want the party that can't compete to lose their right to do as a minority what only a majority should be able to do. It's the Congress, not the Special Congress. Don't give the retards a prize for losing.
As if. It's quite telling that the Gubmint dumped it's GM stock right before the recall was announced.
GM has recalled more cars this year than it sold last year. That's not a good sign.
As if. It's quite telling that the Gubmint dumped it's GM stock right before the recall was announced.
GM has recalled more cars this year than it sold last year. That's not a good sign.
Insider trading.
I'm sure Eric Holder is all over this!
Remember when Obama saved GM?
Instead of letting go through an orderly bankruptcy and reorganizing its finances and operations, Obama stepped in to screw the Senior Secured Creditors (pension funds and investors who thought they had a senior claim on GM) and handed equity in the Company to the laziest, most incompetent group on the planet: The UAW.
Now that Government Motors has recalled more cars than they've sold, does this still count as an Obama Success?
GM's recall nightmare - May. 21, 2014
I remember when Bush approved the bailout because the loss of jobs from GO and Chrysler going under would have destroyed our country.
Do you?
wrong leftard; both GM AND CHRYSLER were NEVER in liquidation bankruptcy; they werent going under; they were IN REORGANIZATION bankruptcy.
obama didnt "save" shit; and the country wasnt going to be detroyed
you dont know what you're talking about
typical
I remember when Bush approved the bailout because the loss of jobs from GO and Chrysler going under would have destroyed our country.
Do you?
wrong leftard; both GM AND CHRYSLER were NEVER in liquidation bankruptcy; they werent going under; they were IN REORGANIZATION bankruptcy.
obama didnt "save" shit; and the country wasnt going to be detroyed
you dont know what you're talking about
typical
Wrongo. Considering the state of the economy, no venture capital firm, bank or entity would or could take on the massive debt.
Remember when Obama saved GM?
Instead of letting go through an orderly bankruptcy and reorganizing its finances and operations, Obama stepped in to screw the Senior Secured Creditors (pension funds and investors who thought they had a senior claim on GM) and handed equity in the Company to the laziest, most incompetent group on the planet: The UAW.
Now that Government Motors has recalled more cars than they've sold, does this still count as an Obama Success?
GM's recall nightmare - May. 21, 2014
GM should recall every car it ever made, just to be sure they're all safe.
UAW: Yes, on average we earn at least twice as much as our counterpart in Europe and Asia, and we're consistently over budget and way behind the timeline, but the products we do delivery are substandard and need to be recalled. Made is the USSA
wrong leftard; both GM AND CHRYSLER were NEVER in liquidation bankruptcy; they werent going under; they were IN REORGANIZATION bankruptcy.
obama didnt "save" shit; and the country wasnt going to be detroyed
you dont know what you're talking about
typical
Wrongo. Considering the state of the economy, no venture capital firm, bank or entity would or could take on the massive debt.
That's not how a Reorganization works.
GM should recall every car it ever made, just to be sure they're all safe.
UAW: Yes, on average we earn at least twice as much as our counterpart in Europe and Asia, and we're consistently over budget and way behind the timeline, but the products we do delivery are substandard and need to be recalled. Made is the USSA
Sometimes I think you make this stuff up. Unfortunately I know your disinformation comes from Fox.
Carscoops: Germany Makes Twice as Many Cars as the U.S. Even though it Pays its Workers Twice as Much
Wrongo. Considering the state of the economy, no venture capital firm, bank or entity would or could take on the massive debt.
That's not how a Reorganization works.
You're horribly misinformed. Reorganization requires outside refinancing of debt. Noone at the time had the capital or were willing to do so.
Simple economics, yet you don't realize it.
