Quote:
Originally Posted by Supermans
If you think I am some sort of GM hater, think again. I am no such person. However I cannot stop you all for demonizing me in that fashion if I do spell out the facts. I cannot explain what is going on without getting political since everything has to do with politics of what GM's new management is doing.
There are people that sit back and let Government tell us what they know we want to hear without question, and there are those that question the Government's motives and tactics. It is as simple and as complex as that. Everything is intertwined now and unfortunately this site has policies which by keeping out any political talk indirectly does exactly what our current Government would like it to be. Which is the less informed you are and the less you are interested along with having complete trust in what they say and do that it is for the better is what they want.
I do have hope that the current GM prospers and that one day it is not owned by the Government anymore. If that is too political a statement then I will do as I did before and not frequent this forum that much.
And for everyone's information, I am enjoying my Camaro and have gotten together with other camaro5 members as well this past year. Life has been rough for me and my family but we are still kicking. God Bless...
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I don't think anyone is Demonizing U. I think that we, on car forums no less, take the BUSINESS side of the Auto industry way to seriously. I root for GM because they have almost always provided me with stellar cars that were reliable and gorgeous. I have had one real problematic GM car, a Camaro no less (1983 Z28) that I bought in 1989 used with no engine and my limited skills at the time of "putting her back together" as my father put it.
I also root for them because for damn near an entire century they were the beacon of AMERICAN PROSPERITY and Engineering Feats.. sometimes more so than even NASA. For most of the last 100 years they supported this country's workforce, often times employing almost as many people as the Federal Governement in some capacity or another. These were GOOD jobs, not cashiering or stocking at your local Walmart for low wages that in reality employee workers, but do little to advance the socio-economical status of said population of workers. GM, along with Ford, and Chrysler, established an America that lived leaps and bounds above what most of the world did. WHY WOULD I NOT REMEMBER THAT when they came knocking on the Capitol's door asking for a LOAN?
In my book.. the money is paid back. They took it from the Tarp funds they owed and gave it back. Perhaps they should have worded it like that.
" WE
GAVE the MONEY BACK (instead of
PAID)... with $800 Million in INTEREST, a 10% yield in LESS than a year."
Unfortunatly we are in the midst of one of the biggest Partisan plights that I can remember in my life time. The country is still reeling over the election of a Non-White as President. Many can deny it all they want, but the truth of the matter is that it has a lot to do with the scutininzing of the Administration that we have seen. I hated GW's policies, but I respected his Presidency because the country can't move forward without the support of the people.
Ironically GM was given the life line by GW. Obama had no choice but to follow thru.
But seriously.. WTF does all that have to do with the BEAUTIFUL cars? I don't Ford because it mortgaged it's "interesting" cars at PAG to save itself and single handidly let both the Indians and Chinese in the U.S. market via Land Rover/Jag and Volvo sales. It still has more debt than I'm comfortable with, Q1 Profit or not.