Quote:
Originally Posted by 8cd03gro
GM got a hell of a lot more than a loan. Old GM DID receive loans, but they failed anyway.
Acting as a lender of last resort is an essential duty of any central bank. IMO, that's not a good thing, but it's not abnormal.
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Ironically the true defenders of these Foreign companies getting loans with no issue or problem... all seem to drive Foreign cars. This country is F#CKED if people like this are our future.
The original issue.. and I REPEAT.. is WHY ARE so many IMBECILES DEFENDING BMW GETTING LOANS from THE UNITED STATES GOVERNMENT TO GET THEM THRU HARD TIMES... YET CRUCIFYING GENERAL MOTORS FOR DOING THE SAME???
What has BMW done for this country over the last century to merit it being considered more worthy of financial help.. which it got.. HELP... from MY GOVERNMENT???
WHY was is it a problem for General Motors and Chrysler to get LOANS from it's HOME COUNTRY.. a country that it help bolster into the #1 Economic power, yet not a problem for a GERMAN company to do so?
1) This is not about the money, per se
2) This is about the PUBLIC BACKLASH
3) This is about the fact that if the announcement had been made that other Companies were getting U.S. Loans along with GM and Chrysler then a great deal of backlash would have been squashed
4) I have spelled it out, written in 4 diiferent ways.. an I bet U will still skirt around and avoid the QUESTION... Which pretty much means defenders of this are FULL OF #@%&.
It reminds me of how ignorant people hate on the UAW (which I am glad is now reeled in by GM and Chrysler) for their demanding ways, yet go out and buy VW/AUDI, BMW, or Benz.. not realizing or possibly not caring that they are built by the most ruthless, demanding, Union in the world (IG Metall )
