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we forked up billions for them and they go bankrupt anyway. where did our money go and what purpose did it serve?????????

i despise obamma

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gotta tell ya...with all this hoopla goin on with GM & Crysler....FoMo stock is up to dam near $6.00.. & with 53,000 shares..."I feel better",...even if I did pay up to $17.00 a share @ 1 time..... :buttrock:

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we forked up billions for them and they go bankrupt anyway. where did our money go and what purpose did it serve?????????

i despise obamma

You should be more pissed off at 911 where it was proven the Government knew all along the shit was going to hit the fan! Zietguiest!

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You should be more pissed off at 911 where it was proven the Government knew all along the shit was going to hit the fan! Zietguiest!

:I-Agree[1]: but,...in all fairness.....Clinton was even more "in the know" about the situation....

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my thoughts exactly......the republican/conservatives said the money would do nothing more than prolong the inevitable for the banks....and the auto industry specifically.

 

banks are trying to pay back the money and govt wont accept it.....some are folding even after the help.

 

Now we have GM restructuring...Chrysler in deep trouble and Ford is still making it on their own. When we wanted restructuring and reorganizing with a chance to wipe out the UAW contract and renegotiate it over under the new structure....everyone said NO IT CANT HAPPEN and the UAW refused to compromise any at all on the contract to keep them from having to restructure.

 

Now they have spent billions and still need to restructure.......so it proves we might have known something and that the money was a waste of time other than putting off the inevitable a couple months.....just as predicted. Hell the UAW bought part of Chrysler....so does this mean they will be approving their own contract changes now...kind of like congress voting themselves pay raises every year. LOL

 

fucking shame.....the UAW has sucked the life out of the auto industry and the EPA has put so many requirements on them it is no wonder they were able to last this long. A shame...

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my thoughts exactly......the republican/conservatives said the money would do nothing more than prolong the inevitable for the banks....and the auto industry specifically.

 

banks are trying to pay back the money and govt wont accept it.....some are folding even after the help.

 

Now we have GM restructuring...Chrysler in deep trouble and Ford is still making it on their own. When we wanted restructuring and reorganizing with a chance to wipe out the UAW contract and renegotiate it over under the new structure....everyone said NO IT CANT HAPPEN and the UAW refused to compromise any at all on the contract to keep them from having to restructure.

 

Now they have spent billions and still need to restructure.......so it proves we might have known something and that the money was a waste of time other than putting off the inevitable a couple months.....just as predicted. Hell the UAW bought part of Chrysler....so does this mean they will be approving their own contract changes now...kind of like congress voting themselves pay raises every year. LOL

 

fucking shame.....the UAW has sucked the life out of the auto industry and the EPA has put so many requirements on them it is no wonder they were able to last this long. A shame...

:babyhaha::babyhaha: YOU don't even have a clue....w/out the UAW (UNIONS) the companies would have turned into Sweat shops long ago....like the auto industry in Japan....where they're goin through Hell rht now....when I was installing rear bumpers on Lincolns...10 hrs a day/6 days aweek..& the company was makin millions...NO Billions.....! where did all that money go....?!!? I'm sure YOU"LL come up with some dumb-ass Right to work answer... :Feet-Up[1]:

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my thoughts exactly.. Hell the UAW bought part of Chrysler....

 

fucking shame.....the UAW has sucked the life out of the auto industry

The UAW could run the auto industry more efficiently than recent management at Chrysler and General Motors. At least they have better rapport with the Dems in control of our govenrment.

United Auto Workers will never be what you want, Brock. The Union exists to represent and serve it's members not Big Business. Manpower and Kelly Services are Corporations set up to provide (wage slave) workers as at will employees with no rights or representation and as such do serve Big Business. :D

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we forked up billions for them and they go bankrupt anyway. where did our money go and what purpose did it serve?????????

i despise obamma

 

Don't ya reckon that at least most of the money went to pay suppliers/creditors for parts and services, and that money went for payroll to employees, and then the money went right back into the economy as p/r taxes and house payments and grocery and utility bills?????????????????

 

There ain't no doubt the industry needs restructuring, just gonna be a hard bullet to bite...................

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The UAW could run the auto industry more efficiently than recent management at Chrysler and General Motors. At least they have better rapport with the Dems in control of our govenrment.

United Auto Workers will never be what you want, Brock. The Union exists to represent and serve it's members not Big Business. Manpower and Kelly Services are Corporations set up to provide (wage slave) workers as at will employees with no rights or representation and as such do serve Big Business. :D

 

I believe over the years that the unions were as excessive in the greed and corruption department as the top heavy and piss poor management department was at fault. That is, the WHOLE industry needs restructuring.

 

I'd much rather see our tax money bailing out the big three before it goes to the theiving bastards on wall street. At least there are physical plants and substances with equity there, along with millions of workers collecting honest paychecks to put the money back into circulation.

 

The total amount all three automakers were asking was far less than the initial $800 billion the previous administration threw at wall street.

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I believe over the years that the unions were as excessive in the greed and corruption department as the top heavy and piss poor management department was at fault. That is, the WHOLE industry needs restructuring.

 

I'd much rather see our tax money bailing out the big three before it goes to the theiving bastards on wall street. At least there are physical plants and substances with equity there, along with millions of workers collecting honest paychecks to put the money back into circulation.

 

The total amount all three automakers were asking was far less than the initial $800 billion the previous administration threw at wall street.

And I hope you will notice that the banks were not required to "restructure" much at all. Trillion dollar infusion and business as usual for the banking "nobility". :lol: T'would be laughable if not so sickening an outright abuse of power and priviledge. ;)<_<

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The UAW could run the auto industry more efficiently than recent management at Chrysler and General Motors. At least they have better rapport with the Dems in control of our govenrment.

United Auto Workers will never be what you want, Brock. The Union exists to represent and serve it's members not Big Business. Manpower and Kelly Services are Corporations set up to provide (wage slave) workers as at will employees with no rights or representation and as such do serve Big Business. :D

 

funny how the non union auto companies operating in USA have good wages, good benefits and operate on more of a profit than those "helped" by UAW. The UAW is a burden in itself....and none of them are sweat shops. :D The UAW exists today to represent itself and serve its own profits not the employee nor the business. If they were worried about their employees more than their own fat cat paychecks they would have agreed to a compromise solution on their contract with the Big 3 that helped them succeed rather than strongarming them to agree to outlandish pay scales and benefits for life with no concern on whether the industry could support those options. I am also angry that obama will promise to pay the benefits of the autoworkers if the company fails just because he is in the UAW back pocket. Nothing of the sort was done for any other large company that closed its doors from mismanagement and ridiculous contracts.

 

The UAW is not needed for this country or those three autmakers to be successful...quite the contrary. If we are serious about saving the Big3 and jobs in Michigan and around the country then they need to file Chapter 11...restructure the automakers completely. Dissolve the UAW contract and get one that is actually workable and that does not penalize the business with billions of debt even before the first car rolls off the line. Why is the UAW even involved......if all the factories shut down and their employees are unemployed......they go away because they dont have an employee to represent and if they were worth a shit they would have seen how much they were hurting the profits and realized their own greed helped lead to this problem. Restructure and get rid of Unions....and let the car makers make cars for America rather than make cars so they can pay the UAW and hope America buys them.

Edited by Brock
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funny how the non union auto companies operating in USA have good wages, good benefits and operate on more of a profit than those "helped" by UAW. The UAW is a burden in itself....and none of them are sweat shops. :D The UAW exists today to represent itself and serve its own profits not the employee nor the business. If they were worried about their employees more than their own fat cat paychecks they would have agreed to a compromise solution on their contract with the Big 3 that helped them succeed rather than strongarming them to agree to outlandish pay scales and benefits for life with no concern on whether the industry could support those options. I am also angry that obama will promise to pay the benefits of the autoworkers if the company fails just because he is in the UAW back pocket. Nothing of the sort was done for any other large company that closed its doors from mismanagement and ridiculous contracts.

 

The UAW is not needed for this country or those three autmakers to be successful...quite the contrary. If we are serious about saving the Big3 and jobs in Michigan and around the country then they need to file Chapter 11...restructure the automakers completely. Dissolve the UAW contract and get one that is actually workable and that does not penalize the business with billions of debt even before the first car rolls off the line. Why is the UAW even involved......if all the factories shut down and their employees are unemployed......they go away because they dont have an employee to represent and if they were worth a shit they would have seen how much they were hurting the profits and realized their own greed helped lead to this problem. Restructure and get rid of Unions....and let the car makers make cars for America rather than make cars so they can pay the UAW and hope America buys them.

 

 

Well I agree 100% with you Brock but this arguement will go round and round with the sensitive pro union folks. Bottom line is the government had absolutely NO right to bail ANY private business out, period. To put that burden on all the taxpayers because these companies can't support themselves is socialist insanity and perpetuates sloth. Let them die, and let the invisible hand of competition take over.

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Bottom line is the government had absolutely NO right to bail ANY private business out, period. To put that burden on all the taxpayers because these companies can't support themselves is socialist insanity and perpetuates sloth.

 

The only sloth I have ever witnessed existed in the boardrooms of the upper echelon 7&8 figure dooushbags who let the billions in profits run thru their greedy mitts - doing minimal R&D for future product development. If you cut wages in half and supplied 'em with a billion / day they would find a way to f--k that up too. When the banks got their trillion dollar ransom, automobile financing was to become available again, intead they tightened up and auto loans dried up precipitating the downturns in production. We need INNOVATION and new IDEAS. If GM ever comes out with the 2010 Camaro they will stand to make a bundle on it alone. Maybe production for use and not for profit is where the New World Order is taking this country and the rest of the world. Talk about sloth - Germans have Trade Unions and most have 13 weeks - thats 2months and a week paid vacations annually. Insanity? Seems to be working well for the Krauts. :P We can't just scrap these companies out and wait for the next DeLorean type entreprenour to step forward - it would effect too many lives probably 30million workers and their families. You think our economy is devastated now? Real bad JU_JU is on it's way if our heavy industrials fall by the way sides.....Besides Atlas is one of the doochbags if he shruggs at this point it will matter little when his former holdings are nationalized and he is a beggar in the streets with the rest of our populace. :P

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Seems odd to me, No one buys Chrysler autos so they are going out of business right.

Then give them a bunch of money, Oh but wait still no one wants there cars.

Am I missing some thing in the logic, was the infusion of cash supposed to get a whole bunch of new car buyers excited to go buy some thing they didn't want in the first place ?

So yea what a waste of money and the knuckle heads running this scam got some one fooled into putting them in a position to do it.

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And I hope you will notice that the banks were not required to "restructure" much at all. Trillion dollar infusion and business as usual for the banking "nobility". :lol: T'would be laughable if not so sickening an outright abuse of power and priviledge. ;)<_<

 

Just proud to see that someone else noticed that.

Edited by Vintage62
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Chrysler depending on FIAT for new motors and technology. They installing pedals in those cars for when the engine won't work.

That's the new green. That is why FIATs have window defrosters to keep your hands warm when you push it home.

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Chrysler depending on FIAT for new motors and technology. They installing pedals in those cars for when the engine won't work.

That's the new green. That is why FIATs have window defrosters to keep your hands warm when you push it home.

Yea Fiat in the mix makes me wanna run right down and get me one, Oh that and Blowbamas commercial telling me how great the warranty is, that just put all kinds of cash in my pocket so I can buy some thing no one else wants Ha ! :lol: :lol: :lol:

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So we end up like the British auto industry? Everyone else owning our brands and talking about how shitty our electricals or transmissions were before they were taken over. Remember British Leyland and what the British government did for them.

Best one had to be John DeLorean and all the money he took that is still unaccounted for. Long live Jaguar now part of Ta Ta motors.

Cannot wait to drive a Chinese owned Corvette or Mustang.

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