new gm financial news

[leatherneck]

as i said on other posts last night that neither the us government or the federal reserve will ever -- noooooooooo wayyyyyyy no howwwwwwwwww let the american auto industry go under--neverrrrrrrrrrrr!!!!!!

just a few minutes ago gm got 4 billion dollars in loans---on january 17th will get 5.3 billion more dollars to continue.


i had said last night this would happen you cant let in this time of a deep recession in the us that is gonna take time to out of-to colapse into a wholesale deep depression thats makes 1929 look like childs play- a million more people lose their jobs an it takes decades to recover from--plus the domino affect throughout the world as this world is tied together financially

that deadline of friday midnight no longer is in play as i said the federal reserve would lower the conditions if gm couldnt meet them and they did
the feds know over the next 2-4 years it will take a hundred billion to actually stabilize the car industry and such conditions as restructuring -- uaw negiciations on wage give ups--retire ment and laid off policys still have to be restructured

the point being all the neysayers ready to jump ship --saying things like gm will still go banctrupt etc etc-- were wrong even to the snide remarks i goit last night --like when i said this industry would neverrrrrrrrrrrr be allowed to go under by the us government or federal reserve==comments from pessimists --like i should never -say never --pffffttttttt


now of course this doesnt relieve the supplier question.. and the same pessimists are jumping out of 10 story windows --the sky is falling --armagedon etc etc---- i believe we could have a delay -- hopefully only a week or two-- but maybe a month or two----OR JUST MAYBE NO DELAY AT ALL AS YOU KNOW GM AND ANY JUDGE IN BANCRUPTCY COURT ARE GONNA DO EVERYTHING THEY CAN TO GET THE ECONOMY MOVING IN THE CAR INDUSTRY AS QUICKLY AS POSSIBLE--I MEAN COME ON OUE GOVERNMENT AND OUR FEDERAL RESERVE HAVE DONE AND WILL CONTINUE TO DO EVERYTHING TO STABILIZE THE AMERICAN CAR INDUSTRY---AND YOU THINK SOME JUDGE SITTING ON A SUPPLIER BANCRUPTCY CASE WILL SAY SCREW YOU TO THE GOVERNMENT AND LET GM GO UNDER BECAUSE OF NO PARTS?? OR DELAY PRODUCTION OF THE CAMARO FOR MONTHS?? THAT ALSO IS NEVER GONNA HAPPEN--THE MARO IS GONNA BE BUILT AND THEY WILL GET THE PARTS NEEDED NO MATTER WHATTTTTTTTT

[The_Stache]

Caps lock... The internet cruise control for cool...

Periods, capitols, question marks. Learn to use them correctly please.

It's still just a band-aid on a bullet wound. Even if this does float them until early next year, the legacy costs that are drowning GM are in the 40-70 billion range.

[XAnimal]

link?

[leatherneck]

And my typing skills are that of a monkey --i agree -- but capital letters --questions marks and periods --os this what we are here to talk about?????--or do you want to make snide remarks to others just for fun we dont need that here----my post while gramatically an puncuationaly a disaster. was able to be read and understood-- im not concerned about how someone types here --im concerned not only for me but the 1000s of other camaro lovers who want info in any form to try and relieve some of their anxiousness while they wait on their dream

[leatherneck]

inspite of my obvious expertise on all computer funct----imm soo sorry to say i dont know how to post a url--duhhhhhhhhh---but im sure you are able to see rthe financial news on a 1000 different web sites-- for example yahoos home page for one where i got it -- word of mouth -- pffffttttt-- msn-- serach boxes-

[BryGo]

Originally Posted by XAnimal

link?

Heres one I read last night:

http://abcnews.go.com/Business/story?id=6538436&page=1

[MerF]

Originally Posted by leatherneck

--os this what we are here to talk about?????------my post while gramatically an puncuationaly a disaster. was able to be read and understood-----

No. You see, this is why people should have to show their high school diplomas to use the internet. It's not that we want to make fun of small typos or slight use of slang...it's that your disrespect for written language makes it impossible to read your post. We don't want to spend an extra 5 minutes per post to try to figure out what you were trying to say. Of course you think it's legible, you wrote it; the key to writing is to format it in a way it is understood by someone else.

[XAnimal]

Do you mean this?

http://money.cnn.com/2008/12/29/news...ion=2008122916

Edit: Nevermind I guess not, All it says is they get the 1st part of their load/bailout today but wait what is this:

http://www.wilx.com/news/headlines/36843839.html

[leatherneck]

The only different from that posts that came out today is that overall GM gets 9.3 billion --4 billion today and 5.3 billion on january 16th or 17th--but thanks for posting that

[dieseldave24v]

Originally Posted by MerF

No. You see, this is why people should have to show their high school diplomas to use the internet. It's not that we want to make fun of small typos or slight use of slang...it's that your disrespect for written language makes it impossible to read your post. We don't want to spend an extra 5 minutes per post to try to figure out what you were trying to say. Of course you think it's legible, you wrote it; the key to writing is to format it in a way it is understood by someone else.

Merf,
The guy is a 60 plus year old Vietnam Vet. He didnt grow up around computers. Give him a break.

[leatherneck]

those conditions will still have to be met-----but the 9.3 billion is not conyingent on those conditions --Gm and the federal reserve are still negociating in ernest to come up with middle ground but those conditions in the url -is notttttttttttttt --gonna stop Gm from receiving 9.3 billion 4 billion of which they already got today and is in their hands now--and those conditions have not been met--an on jan. 16th the extra 5.3 billion will be in their hands regardless of these conditions as i saif the government and the federal reserve will not let the us car industry go under --neverrrrrrrrrrrrr
if the uaw -- on policys like wages-- wages for those laid off-retirement restructuring etc etc do notttttttttagree to the federal demand-- guess what?????????? the federal reserve will lower their demands until its worked out--when will people get it thru their heads that the federal reserve will not let the american auto industry go under--its notttttt an option!!!!!!----we are in a deep recession -this wil take time to climb out of -- right??? the shut done off the american auto industry will cost a million more job loses turning our deep recessioon into a deep recession that will make 1929 look like childs play-- but unlike 1929 it wont just affect the us this is a global world now which has financial ties ----this will never happen

[OUR72GTO]

It is amazing that so many do not take the time hit that little green check mark with the ABC before they hit the submit button.

[leatherneck]

true after the post i made which was legit this web site you found-- not a national news web site or anything --they say their insiders heard--in washington thats worth nothing-- butttttt say its true--the last line of your great url said the loans if not approved today will be secured and given no latter than tuesday---- so the difference from what i said --if true is 24 hours duhhhhhhhhhhhhhhh

[GTAHVIT]

Leatherneck

you're killing me.

If you need any help with links, images, or anything in general just send me a PM.

I'd be glad to help out.