GM to File Bankruptcy

[know1]

The government shouldn't have given them a dime to begin with. How can they justify what they did when they go bankrupt a few months later???

I'm getting madder and madder at our pathetic government and the way it steals our money (taxes) and uses it completely irresponsibly.

[mhall]

The government shouldn't have given them a dime to begin with. How can they justify what they did when they go bankrupt a few months later???

I'm getting madder and madder at our pathetic government and the way it steals our money (taxes) and uses it completely irresponsibly.

Amen, Michael, Amen!

[BASSKING]

The government shouldn't have given them a dime to begin with. How can they justify what they did when they go bankrupt a few months later???

I'm getting madder and madder at our pathetic government and the way it steals our money (taxes) and uses it completely irresponsibly.

yep, i agree!!


now does this mean they dont have to pay the original 30 billion back?? is it included in their bankruptcy??

a true load of BS

[know1]

I want to make clear that my issue hear is with the government and not GM.

What bank would loan money to an entity that was going to file for bankrupcty within 4 months? The answer is NONE of them...and that's saying something because our banks are almost as bad as our government.

[DJD]

yep, i agree!!


now does this mean they dont have to pay the original 30 billion back?? is it included in their bankruptcy??

a true load of BS

I would be wiiling to bet we don't get ANY money back. That's why the system should have been left alone!!! If you can't manage you bidness get out and do something else. So now we are going to lose billions and who knows how many jobs and who knows how many more unemployed people are going to be going after benefits. What's next another Stimulus Bill to boost the unemployment packages?

[Chubminnow]

Everyone talks about how instead of General Motors being General Motors it will now be Government Motors, etc. The more I've been thinking about this it seems to me that over the years you could either work for the Government or work for U.A.W. and it would be about the same either way...Government workers seem to be over compensated for the work they put out, likewise for U.A.W. members...and it also seems to me that I've been supporting the government workers by paying taxes as required and I've also supported the over compensated U.A.W. members because all I've ever owned are Ford's and Chevy's.

Maybe what I've just wrote above doesn't belong on this thread...it's just my two cents worth. Just because someone works for the government/U.A.W. this entitles them to a nice benefits package and retirement plan? B.S. is what I say.

[DJD]

Everyone talks about how instead of General Motors being General Motors it will now be Government Motors, etc. The more I've been thinking about this it seems to me that over the years you could either work for the Government or work for U.A.W. and it would be about the same either way...Government workers seem to be over compensated for the work they put out, likewise for U.A.W. members...and it also seems to me that I've been supporting the government workers by paying taxes as required and I've also supported the over compensated U.A.W. members because all I've ever owned are Ford's and Chevy's.

Maybe what I've just wrote above doesn't belong on this thread...it's just my two cents worth. Just because someone works for the government/U.A.W. this entitles them to a nice benefits package and retirement plan? B.S. is what I say.

LOL! I love that point.

[MrSplitshot]

I'm a flag waving American, but jeez...this stuff is just wrong.

The Bowtie is bankrupt. I've never been a big Chevy fan, but still...there isn't too much more "American" than Chevrolet. It's kind of a sad day.

What next's? Apple Pie and Major League Baseball?

[mhall]

I'm a flag waving American, but jeez...this stuff is just wrong.

The Bowtie is bankrupt. I've never been a big Chevy fan, but still...there isn't too much more "American" than Chevrolet. It's kind of a sad day.

What next's? Apple Pie and Major League Baseball?

It is Brian, Almost everything the wifey and I own is Chevy. She even has a 71 Chevelle she restored that was her grandmothers. It has 66 thousand actual miles on it with the original 350, and it will turn sideways in the road if you stick your foot in it. Yes I said she restored, a little help on the body work and she painted it herself. Helps if your Dad owns a auto and body business I suppose. I've got 175 thousand miles on a 5.7 liter 350 in a 95 Silverado that I pull my boat with and it runs like the day that I bought it. Even the daughter drives a 2005 Impala and the wife another Chevy pickup truck.

Kinda makes you sick to think where we have came with all this.

[Chubminnow]

I hear ya Mark...I had a 66 Chevelle up until about two years ago...had the original 327 in it with double hump heads, four barrel, 4-speed...it only lacked a posi rear end but other than that it would run strong...probably about 300 hp with the heads it had on it.

Now we have a 97 4x4 Chevy truck with a 350...and a 2000 Suburban with the modern day version of the 327...if I had my druthers I'd druther pull any boat up to 25' with the Suburban, that sucker is a pullin' and cruisin' machine!

C'mon Chevrolet, pick yourself up, dust yourself off and figure things out!

[DJD]

I hear ya Mark...I had a 66 Chevelle up until about two years ago...had the original 327 in it with double hump heads, four barrel, 4-speed...it only lacked a posi rear end but other than that it would run strong...probably about 300 hp with the heads it had on it.

Now we have a 97 4x4 Chevy truck with a 350...and a 2000 Suburban with the modern day version of the 327...if I had my druthers I'd druther pull any boat up to 25' with the Suburban, that sucker is a pullin' and cruisin' machine!

C'mon Chevrolet, pick yourself up, dust yourself off and figure things out!

I have a 95 Chevy 4X4 PU (350) as well low mileage and it looks great! Kinda a pig as far as power but I love the truck.

I think it's over GM will have to answer to Obama and his cronies.

[mhall]

The new name is........''Government Motors''.