Chrysler profits surge 80%

[Listening]

It's all about Optics.

It's O.K. for GM to be mismanaged (ever read "Call me Roger") and get bailed out.

The left defends it.

Post something about a small company (Joe the Plumber) going under and it's all their fault.

Where was Obama for them ?

They were not "necessary"....I get it.

The left is loaded with bulls**t.

 

[eflatminor]

I'd like someone to prove GM and Chrysler would have survived and flurished under the Romney non plan?

Not provable, just as you cannot prove that they would have folded and cost millions of jobs.

The FACT is the bailout worked, Americans have jobs they would not have if both had failed.

Not a fact, just speculation. You don't know that competitors might have stepped in to fulfill demand and ended up hiring more people. You don't know that normal bankruptcy might have worked as it has for so many other large corporations.

There is only speculation by partisans that Romney's non plan would have saved them

And speculation by you that Obama's plan could not have been bettered by a free market. The big difference is your plan involved stealing money from productive citizens, breaking the contract held by bondholders, and screwing competitors. Not so of the alternative.

 

[Katzndogz]

When Lee Iacocca put Dodge through a managed bankruptcy, there was no shortage of Dodge cars for sale. A bankruptcy would not have closed GM or Chrysler. It would have renegotiated the union contracts under supervision.

 

[hjmick]

I'd like someone to prove GM and Chrysler would have survived and flurished under the Romney non plan?

The FACT is the bailout worked, Americans have jobs they would not have if both had failed. There is only speculation by partisans that Romney's non plan would have saved them.

It doesn't matter if they survived or not, it is not the reponsibility of the federal government or the American taxpayer to bail out failing private industry. Exclamation point.

 

[eflatminor]

When Lee Iacocca put Dodge through a managed bankruptcy, there was no shortage of Dodge cars for sale. A bankruptcy would not have closed GM or Chrysler. It would have renegotiated the union contracts under supervision.

Exactly. THAT'S why the taxpayers, bondholder, and competitors took it up the ass, to save the union, not the company.

 

[Skull Pilot]

All this hoopla about US auto makers and not one of their cars is in the top ten for reliability according to Consumer Reports

'Consumer Reports' picks Japanese cars for reliability | The Augusta Chronicle

 

[idb]

Romney probably...

I stopped right there if for no other reason than you could not possible have any fucking clue what Romney is going to or not going to do.

FAIL

Your whole line of argument is..."Nobody knows.....".
Dull

 

[tjvh]

The auto bailout and the stimulus worked.

Now you've lent your support for evil corporations... Will you libs ever make up your minds?

 

[eflatminor]

Romney probably...

I stopped right there if for no other reason than you could not possible have any fucking clue what Romney is going to or not going to do.

FAIL

Your whole line of argument is..."Nobody knows.....".
Dull

You suggesting you know?

Didn't think so.

Another FAIL

 

[idb]

I stopped right there if for no other reason than you could not possible have any fucking clue what Romney is going to or not going to do.

FAIL

Your whole line of argument is..."Nobody knows.....".
Dull

You suggesting you know?

Didn't think so.

Another FAIL

Like I said.
Dull.

 

[eflatminor]

Your whole line of argument is..."Nobody knows.....".
Dull

You suggesting you know?

Didn't think so.

Another FAIL

Like I said.
Dull.

Right...didn't think so.

 

[longknife]

What was skipped over in the articles is what auto dealers are doing to increase those sales.

They are offering 0-5% loans with no down payments and cash back on trade-ins if they're financed by the company.

So, if a buy can reduce their loan % by 10% AND get $$$ back, why not?

It doesn't reflect the TRUE value of the market. All it does is allow car buyers to string out the loan for another 5 to 6 years.

 

[JoeB131]

Elfy, not plodding through your drivel, but the fact is, when you gamble on the stock market, you are gambling.

The stockholders all begged the government to come in and save it. They just got pissed when it wasn't a bailout for stockholders like TARP was. "YOu mean you are actually saving the company? WTF?"

Again, fuck them.

I'd rather have the people who make the cars see the benefits.

I don't gamble on the stock market.

Roulette is gambling, craps is gambling.

I research and make decisions based on many factors. You might throw darts at the board and buy whatever stock you land on but that's not how it's done.

Since you can't anticipate every possible outcome, it's still gambling.

And that's the problem. We've let the Crazy Clown Casino on Wall Street dictate our economy, instead of sensible things, like what will provide the greatest benefit to the greatest number of people.

 

[Skull Pilot]

Elfy, not plodding through your drivel, but the fact is, when you gamble on the stock market, you are gambling.

The stockholders all begged the government to come in and save it. They just got pissed when it wasn't a bailout for stockholders like TARP was. "YOu mean you are actually saving the company? WTF?"

Again, fuck them.

I'd rather have the people who make the cars see the benefits.

I don't gamble on the stock market.

Roulette is gambling, craps is gambling.

I research and make decisions based on many factors. You might throw darts at the board and buy whatever stock you land on but that's not how it's done.

Since you can't anticipate every possible outcome, it's still gambling.

And that's the problem. We've let the Crazy Clown Casino on Wall Street dictate our economy, instead of sensible things, like what will provide the greatest benefit to the greatest number of people.

Not really but I know that you're a scared little sheep who needs guarantees in life so everything must seem like a gamble to you

Funny how you think buying any stock is a gamble but you're all for the government buying GM stock thus gambling with your money.

 

[JoeB131]

[

Not really but I know that you're a scared little sheep who needs guarantees in life so everything must seem like a gamble to you

Yeah, I do get worried when the 1% makes silly gambles that I end up paying for.

That's the problem with the Crazy Clown Casino, you keep expecting the rest of us to bail you out.

Maybe if we sent these crooks to big boy prison like the poor crooks, their behavior would improve. Or they wouldn't be able to sit down ever again. Either one works for me.

 

[Skull Pilot]

[

Not really but I know that you're a scared little sheep who needs guarantees in life so everything must seem like a gamble to you

Yeah, I do get worried when the 1% makes silly gambles that I end up paying for.

That's the problem with the Crazy Clown Casino, you keep expecting the rest of us to bail you out.

Maybe if we sent these crooks to big boy prison like the poor crooks, their behavior would improve. Or they wouldn't be able to sit down ever again. Either one works for me.

I don't expect anyone to bail me out and no one has ever bailed me out.

But answer my question.

If buying any stock is a gamble then how come you are fine with the government gambling with out tax dollars by buying stock in GM?

 

[JoeB131]

[

Not really but I know that you're a scared little sheep who needs guarantees in life so everything must seem like a gamble to you

Yeah, I do get worried when the 1% makes silly gambles that I end up paying for.

That's the problem with the Crazy Clown Casino, you keep expecting the rest of us to bail you out.

Maybe if we sent these crooks to big boy prison like the poor crooks, their behavior would improve. Or they wouldn't be able to sit down ever again. Either one works for me.

I don't expect anyone to bail me out and no one has ever bailed me out.

But answer my question.

If buying any stock is a gamble then how come you are fine with the government gambling with out tax dollars by buying stock in GM?

Oh, was that your question?

I'm sorry, I thought you were too busy whining that the rest of us are sick of Wall Street reeking havok in our lives.

The government wasn't "gambling", they were making sure that the company stayed afloat.

And frankly, they made sure it happened, which was pretty awesome. It wasn't a gamble because there was no way GM could have failed after that.

What upsets you guys is he took care of the people actually MAKING the cars before the assholes gambling on the company's performance. Oh, the horror. We might actually end up like the Europeans.

 

[Skull Pilot]

Yeah, I do get worried when the 1% makes silly gambles that I end up paying for.

That's the problem with the Crazy Clown Casino, you keep expecting the rest of us to bail you out.

Maybe if we sent these crooks to big boy prison like the poor crooks, their behavior would improve. Or they wouldn't be able to sit down ever again. Either one works for me.

I don't expect anyone to bail me out and no one has ever bailed me out.

But answer my question.

If buying any stock is a gamble then how come you are fine with the government gambling with out tax dollars by buying stock in GM?

Oh, was that your question?

I'm sorry, I thought you were too busy whining that the rest of us are sick of Wall Street reeking havok in our lives.

The government wasn't "gambling", they were making sure that the company stayed afloat.

And frankly, they made sure it happened, which was pretty awesome. It wasn't a gamble because there was no way GM could have failed after that.

What upsets you guys is he took care of the people actually MAKING the cars before the assholes gambling on the company's performance. Oh, the horror. We might actually end up like the Europeans.

Wow you really are comfortable holding diametrically opposed views aren't you?

Buying stock is gambling but the government buying stock with our money and losing money by the way is not gambling.

Maybe you should change your name to Sybil.

The fact is that GM could have gone through bankruptcy just like thousands of other companies have and they would still be around just like thousands of other companies are.

 

[JoeB131]

[

Wow you really are comfortable holding diametrically opposed views aren't you?

Buying stock is gambling but the government buying stock with our money and losing money by the way is not gambling.

Maybe you should change your name to Sybil.

The fact is that GM could have gone through bankruptcy just like thousands of other companies have and they would still be around just like thousands of other companies are.

Not at all.

Once the government said, "GM will not be allowed to fail", there was no gamble in it at all. The government WOULD make it succeed. (And frankly, this is how the Europeans and Japanese run their car companies, as state interests.)

If GM went through bankruptcy, it would have been liquidated. Same with Chrysler. No one was willing to loan them money in 2009.

Once again, fuck the gamblers on wall street.

 

[Skull Pilot]

[

Wow you really are comfortable holding diametrically opposed views aren't you?

Buying stock is gambling but the government buying stock with our money and losing money by the way is not gambling.

Maybe you should change your name to Sybil.

The fact is that GM could have gone through bankruptcy just like thousands of other companies have and they would still be around just like thousands of other companies are.

Not at all.

Once the government said, "GM will not be allowed to fail", there was no gamble in it at all. The government WOULD make it succeed. (And frankly, this is how the Europeans and Japanese run their car companies, as state interests.)

If GM went through bankruptcy, it would have been liquidated. Same with Chrysler. No one was willing to loan them money in 2009.

Once again, fuck the gamblers on wall street.

GM stock is worth less than the price paid for it thus the government gambled and lost our money.

And you cannot say with any certainty that GM would have been liquidated unless one of your multiple personalities is now psychic. And if that's true then you should be able to invest without fear.

And how much money did you have invested in "Wall Street" that was gambled away as you say?

I would never have bought GM stock because quite frankly their cars suck.