Chevrolet Corvette Stingray C7 Forum - View Single Post - Obama asks GM CEO to step down in order to get further aid. He acquiesces

cabaret2 · 03-30-2009, 06:33 AM

Look, the country is not going into a fascist or socialist state just because of what is going on. Enough is enough with that kind of talk. GM put themselves in this situation. THEY CHOOSE TO GO TO WASHINGTON TO BEG FOR $$$$$$$!!!! The NEWER cars from GM are a lot better, but what about the past ones??? This website is full of Camaro & GM enthusiasts & loyalists, but we are not part of the majority feeling towards GM. A lot of people out there feel that their cars are junk for some reason or another. If a company has that mass perception about them, then it is up to them to change the peoples' minds. As far as Wagoner stepping down, if that is what has to be done for them to keep getting a hand out, then so be it. I honestly have no remorse for ANYONE who gets paid $10+ million dollars/yr for how ever many years while the company has poor financial performance. It was his job to avoid such things from happening. If you or I perform poorly at our jobs, we wont have one any longer. THAT IS THE TRUTH!!!! NO ONE should be rewarded for failure. As far as President Obama, I think a lot of us are forgetting HE WALKED INTO THIS MESS!! He is doing the best he can do with what he has to work with. There is a lot of ignorance abound in regards to this financial melodrama. If it took 8+yrs for this to get all screwed up, how long do people actually think it will take to even remotely see the light again??? Perfect example, people should do their research & see how long GM had AFM technology in their possession but neglected to use it. I think that if they did present it to the public from long ago, & helped people save gas, then it would have only helped them. Instead, they lived it up on the SUV craze with gas guzzlers & were too greedy just like AIG & some of these other companies that are in trouble now. Remember, you reap what you sow. I believe the President is going to do what he must to prevent the further loss of American jobs from GM & Chrysler. We all have loan stipulations we have to follow if we want to drive a car or own a home or even use a cell phone. So why shouldn't they??? A loan is a loan, whether it be from GMAC or the White House. I know the Camaro will be fine. It is one of the few bright spots that they have going that the White House will tolerate.

03-30-2009, 06:33 AM	#102
cabaret2 Drives: 2001 Acura TL Join Date: Apr 2007 Location: Charlotte, NC Posts: 11	Look, the country is not going into a fascist or socialist state just because of what is going on. Enough is enough with that kind of talk. GM put themselves in this situation. THEY CHOOSE TO GO TO WASHINGTON TO BEG FOR $$$$$$$!!!! The NEWER cars from GM are a lot better, but what about the past ones??? This website is full of Camaro & GM enthusiasts & loyalists, but we are not part of the majority feeling towards GM. A lot of people out there feel that their cars are junk for some reason or another. If a company has that mass perception about them, then it is up to them to change the peoples' minds. As far as Wagoner stepping down, if that is what has to be done for them to keep getting a hand out, then so be it. I honestly have no remorse for ANYONE who gets paid $10+ million dollars/yr for how ever many years while the company has poor financial performance. It was his job to avoid such things from happening. If you or I perform poorly at our jobs, we wont have one any longer. THAT IS THE TRUTH!!!! NO ONE should be rewarded for failure. As far as President Obama, I think a lot of us are forgetting HE WALKED INTO THIS MESS!! He is doing the best he can do with what he has to work with. There is a lot of ignorance abound in regards to this financial melodrama. If it took 8+yrs for this to get all screwed up, how long do people actually think it will take to even remotely see the light again??? Perfect example, people should do their research & see how long GM had AFM technology in their possession but neglected to use it. I think that if they did present it to the public from long ago, & helped people save gas, then it would have only helped them. Instead, they lived it up on the SUV craze with gas guzzlers & were too greedy just like AIG & some of these other companies that are in trouble now. Remember, you reap what you sow. I believe the President is going to do what he must to prevent the further loss of American jobs from GM & Chrysler. We all have loan stipulations we have to follow if we want to drive a car or own a home or even use a cell phone. So why shouldn't they??? A loan is a loan, whether it be from GMAC or the White House. I know the Camaro will be fine. It is one of the few bright spots that they have going that the White House will tolerate.