GM worried about GOVT involvement!!!

[Vash]

GM also is going to be importing lot of cars from China soon.

Just make Wal Mart the dealers...

There is Florida GMC dealer on the radio right now on Glenn Becks show saying there is no communications at all with GM at the moment. They are waiting to see if they get the FedEx letters that went out this morning.

[dkb]

Originally Posted by DeathChill

This guy knows what he's talking about.

If GM didn't want the government to be involved in their business they shouldn't have taken money from them. The government is interested in making GM a profitable company because it's the bailout money on the line.

You can't have your cake and eat it too.

sorry guys ... but I hear people on these threads constantly talking about how the government is interested in "making a profit" and "getting its money back."

I've got news for you. The government is spending TRILLIONS and TRILLIONS and a few billion here or there for GM is literally peanuts. The government is no more interested in making a profit with GM than they are with the post office.

Remember ... these people print money when they run out.

They could have loaned money with some strings attached like they did with Chrysler 25 years ago. Instead they're working hard to take stock and ownership. Obama is giving the unions control of these companies.

I don't think GM will die ... but the days of building cars that consumers want is going to be over. The future will be cars that the government thinks we SHOULD buy.

To me that's a BIG difference.

I'll take delivery of my SS and then run for the hills ....

[toesuf94]

Originally Posted by dkb

sorry guys ... but I hear people on these threads constantly talking about how the government is interested in "making a profit" and "getting its money back."

I've got news for you. The government is spending TRILLIONS and TRILLIONS and a few billion here or there for GM is literally peanuts. The government is no more interested in making a profit with GM than they are with the post office.

Remember ... these people print money when they run out.

They could have loaned money with some strings attached like they did with Chrysler 25 years ago. Instead they're working hard to take stock and ownership. Obama is giving the unions control of these companies.

I don't think GM will die ... but the days of building cars that consumers want is going to be over. The future will be cars that the government thinks we SHOULD buy.

To me that's a BIG difference.

I'll take delivery of my SS and then run for the hills ....

Yeah...a Camaro may very well be my last new GM car or Truck...not a bad way to finish up, but sad just the same. I am keeping my 08 Esclade perfect and low mileage...they will be extict soon. The Camaro 2LT I order will be driven til the wheels fall off. The Vette will stay in the garage for weekends and cruises. Sad that a legacy of nearly 23 years of nearly 100% GM cars and trucks will come to an end. 50 years for my dad!

[dkb]

Originally Posted by CamaroHutch

Hey its a loan, they can do as they please.... not to say there wouldn't be any consequences (No more loans, bad press etc.) Obviously they are not going to do that, but it was a loan.....

Guys ... the government is taking OWNERSHIP of these companies. This is not like the loans to Chrysler three decades ago.

There's a difference between lending and buying. He's using our money to BUY these companies. He's getting controlling stock.

GM is selling itself to the government and the unions ... on terms dictated by Obama. The last plan I saw in the papers was that 55% of the company was going to be union owned ... another 35% the gov and the rest a tiny proportion of private.

Some future republican admin might decide to sell it's stake but the controlling interest is with the Unions and they will NEVER have an incentive to sell nor can they be forced.

Now when they negotiate their next contract they will be negotiating with themselves.

I think they will get a good deal

[dkb]

Originally Posted by toesuf94

Yeah...a Camaro may very well be my last new GM car or Truck...not a bad way to finish up, but sad just the same. I am keeping my 08 Esclade perfect and low mileage...they will be extict soon. The Camaro 2LT I order will be driven til the wheels fall off. The Vette will stay in the garage for weekends and cruises. Sad that a legacy of nearly 23 years of nearly 100% GM cars and trucks will come to an end. 50 years for my dad!

yea ... I spent some time yesterday on the cadillac site based on some post here in regard to the new SRX? or whatever that small SUV was. A very cool car and the V series CTS's are incredible. In fact I think cadillacs are arguable cooler than any euro luxo options out there right now IMO.

But .... I can't imagine that union/gov management is going to keep from screwing that up. Nor that they will be allowed to continue producing 500 hp cars ....

[Mr. Wyndham]

You're all so paranoid it's almost funny. But you're all seriously buying into this garbage, which makes it scary....

Originally Posted by ArcAngel

I agree but how do you expect that to happen when your sleeping with the enemy

They're not an 'enemy'. If you really feel that way, then I suggest you move out of the country. They're more correctly labeled 'an opposing interest.' The fact is, this government represents all of us. There is no denying that, or else we have a bigger problem on our hands. Given that fact, then your assertion above means that WE...the consumer...are the enemy. How quaint...and accurate.

There's a phone somewhere next to you all...use it and call your representatives. Tell them you love this...or tell them it's BS and you want it stopped, NOW. If you don't contact them....then how can you complain?!

That's like not providing input to the waiter, and then complaining when he gives you the wrong dish...

Originally Posted by Vash

GM also is going to be importing lot of cars from China soon.

There was an article out this morning (I'll see if I can find it), that stated they were rethinking that decision, leaning heavily in the "whoops, we won't do that" direction.

I for one, don't like the idea of high-pricetag imports (mainly cars) -- but I can certainly understand the idea behind it...GM has an impressive presence in China (thanks to Wagoner, btw)...why not utilize some of the facilities there? They make a mean Buick.

[ArcAngel]

Dragon seriously this government does not resemble AMERICA so they need to move out not me

[Captain Awesome]

Originally Posted by Dragoneye

They're not an 'enemy'. If you really feel that way, then I suggest you move out of the country. They're more correctly labeled 'an opposing interest.' The fact is, this government represents all of us whether you agree with them or not. There is no denying that, or else we have a bigger problem on our hands. Given that fact, then your assertion above means that WE...the consumer...are the enemy. How quaint...and accurate.

I fixed your sentence.

[ArcAngel]

That's inaccurate it represents half of us not all especially now with no checks and balances being that one party is in charge

[Hesh]

How can you say no checks and balances. They were voted in by the people who wanted them in there. That is the system. It may be flawed but we, the people who voted for them, made it this way. This is what the majority of the people wanted, well they got it. The system has not changed. They do represent America once again that is what the majority wanted and they got it.

[THE EVIL TW1N]

Originally Posted by ArcAngel

That's inaccurate it represents half of us not all especially now with no checks and balances being that one party is in charge

checks and balances isn't between parties, it is silly to think that. it's between government entities. (executive, judicial, legislative) I don't know why people ever get this mixed up.

[THE EVIL TW1N]

Originally Posted by ArcAngel

Dragon seriously this government does not resemble AMERICA so they need to move out not me

It does resemble AMERICA, it just doesn't resemble what your perception of what it is or should be.

[ArcAngel]

Originally Posted by THE EVIL TW1N

It does resemble AMERICA, it just doesn't resemble what your perception of what it is or should be.

Incorrect my friend to represent America you would have to have some semblence to what the founding founders invisioned and last time I check Carl Marx wasn't one of them

[Mr. Wyndham]

Originally Posted by ArcAngel

Dragon seriously this government does not resemble AMERICA so they need to move out not me

No....it resembles America perfectly. YOU are simply a part of America, as am I. And currently we're in the minority. Get over it.

Originally Posted by Captain Awesome

I fixed your sentence.

Thank you.

Originally Posted by ArcAngel

That's inaccurate it represents half of us not all especially now with no checks and balances being that one party is in charge

Originally Posted by Hesh

How can you say no checks and balances. They were voted in by the people who wanted them in there. That is the system. It may be flawed but we, the people who voted for them, made it this way. This is what the majority of the people wanted, well they got it. The system has not changed. They do represent America once again that is what the majority wanted and they got it.

Originally Posted by THE EVIL TW1N

checks and balances isn't between parties, it is silly to think that. it's between government entities. (executive, judicial, legislative) I don't know why people ever get this mixed up.

Me neither. Party bickering and one "standing defiantly" in the way of the other was NOT part of the founding father's plan. In fact, they wanted NO parties. The Three branches are the core of the checks and balances system. (and to a lesser extent, the media -- the fourth unoffical branch exposes corruption and untruths in the other three.)

Originally Posted by THE EVIL TW1N

It does resemble AMERICA, it just doesn't resemble what your perception of what it is or should be.

Again, it takes some humility to realize that we are but a PART of the country as a whole, and we're not "right", we simply live by different priorities.

Originally Posted by ArcAngel

Incorrect my friend to represent America you would have to have some semblence to what the founding founders invisioned and last time I check Carl Marx wasn't one of them

That's slander and totally wrong. Look up and understand the definitions the political philosophies, then try and say what you just said, again.

The founding father's laid the groundwork for change in gov't; evolution. They were wise enough to know that one-size doesn't fit all. And I don't think they had AIG, Freddie Mac back then...for the final time, because I cannot stress this enough -- The current gov't was elected as per the rules and regulations set forth by the founding fathers and preserved for the past ~240 years. That is as close as you can come, bud. If you don't agree with the current philosophy, then you are in the minority. The election was a relative land-slide, and approval ratings are sky high. Being in the minority is not a bad thing, you're not in the wrong...But you're not "right" either.