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#1 |
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I just think the bailout money is not going to get GM out of trouble. I think they may have to break the company up. Maybe Corvette will become it's own company. GM has taken more bailout money than the company is even worth. How will they ever pay it back? I won't knowingly do business with any company that has received bailout.
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#2 | |
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They are dropping lines, Pontiac is a specialty line just the G8, G6, Vibe, and Solstice. Saturn is likely to either be sold or rebranded opel. Saab is gone The Management and Execs are all only making 1 dollar this year. They sold thier fleet of jets(something AIG has yet to do...) They are shutting down plants and consolidating. |
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#3 |
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I'll wait to see how it turns out. I'm not knocking GM products. I really do want a Corvette. I like their trucks. I just trust a government run company less than a union run one. I lived through the '70s. I owned Chrysler stock up till Daimler bought it. That was one I sold at the right time. They have to sell at a profit cars that people want to buy a lot of. You have to be one step ahead of the market or else be creating the market. I don't see this happening now. Granted, nobody is selling a lot at this time. I am just not going to have anything to do with a government run auto manufacturing company. There is no history of that turning out good.
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#5 |
Not a puffer
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That's just it-he's just as responsible for the mess as Wagoner.
For all those in the union ranks that villify the compensation of salaried executives, they're turning a blind eye to what those in the union make. As if a $60k/year job turning some bolts is bad enough, union appointed positions are the shiznit into a bigger career of do-nothing job responsibility and accountability to no-one, often dished out in the good old boys network or family members. Then you take into consideration elected stewards/committemen/zone men/bargaining committee members, you've got a LOT of guys there making $200k+/year that give ZERO productivity paid for by GM/Chrysler/Ford. Being an elected UAW rep is much like being in Congress-they're just a bunch of money grubbing whores and the only concern they have is for getting re-elected, not looking out in the best interest of their constituents. |
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#6 | |
F.U.B.O.
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Hey! I've known many stewards and reps who were nothing like members of Congress.....they've got much nicer suits than the average congressman's. And their shoes...so nice and shiney! |
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#8 |
H.A.T.E
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Chevrolet, GMC (maybe even drop this...not sure), Pontiac, Saturn, Cadillac, Hummer (h1 only),
these are the lines I would keep if I was running the show. When was the last time you saw a buick made in the past 5 years on the road? |
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#10 |
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#11 |
Dear Lord, Thank You.
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The anti-worker sentiment in this thread amazes me. It's sad.
They're regular guys feeding their family with a decent wage that they've fought, bled and sacrificed for. Would it be better if the men and women at GM made 8 or 10 bucks an hour with no benefits so that someone else could stack that money in their pile?
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#12 | |
H.A.T.E
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#13 |
difetosso
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__________________
I'm an outcast riding into town alone I got wanderlust branded deeper than the bone |
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#14 | |
I Need My Space
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#15 |
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I am not going to contribute to the government-run-union part of the economy. I will freely choose where I want my non-taxed money to go.
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#16 | |
I'm nuts for the place
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__________________
"To dilute the will to win is to destroy the purpose of the game. There is no substitute for victory"-- Douglas MacArthur |
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#17 |
F.U.B.O.
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#19 | |
difetosso
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__________________
I'm an outcast riding into town alone I got wanderlust branded deeper than the bone |
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