GM highest profits EVER

Discussion in 'Economy' started by Truthmatters, Feb 16, 2012.

  1. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    • Thank You! Thank You! x 1
  2. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    thats alot of jobs and taxes paid.

    Im glad we didnt listen to the idiots that wanted it to die
     
  3. Katzndogz
    Offline

    Katzndogz Diamond Member

    Joined:
    Sep 27, 2011
    Messages:
    65,659
    Thanks Received:
    7,418
    Trophy Points:
    1,830
    Ratings:
    +8,338
    That stimulus money to open a plant in China was certainly well spent! I'm sure the Chinese really appreciate it.
     
  4. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,277
    Thanks Received:
    14,924
    Trophy Points:
    2,210
    Ratings:
    +37,090
    How financially illiterate do you have to be to not know the difference between bankruptcy and liquidation?
     
  5. bitterlyclingin
    Offline

    bitterlyclingin Silver Member

    Joined:
    Aug 4, 2011
    Messages:
    3,076
    Thanks Received:
    415
    Trophy Points:
    98
    Ratings:
    +449
    All propped up up by the US taxpayer. When GM management cuts every recorded taxpaying citizen of the United States a ten or fifteen thousand dollar, or whatever monetary amount it calculates out to, check indicating repayment of principal and a share of the profits, I'll concede your point. Until that point, it will be just Obama and his Chicago 'paisans' laughing all the way to their banks at the taxpayers expense. Til then, pray earnestly this coming Sunday, and every coming Sunday, that Richard Trumka chokes to death on his kielbasa.
     
    • Thank You! Thank You! x 1
  6. Misty
    Offline

    Misty Gold Member

    Joined:
    Aug 11, 2009
    Messages:
    7,137
    Thanks Received:
    1,897
    Trophy Points:
    245
    Ratings:
    +3,308
    Thanks to George Bush.

    From wiki;

    "In December 2008, U.S. President George W. Bush agreed to a $17.4 billion bailout for General Motors and Chrysler. The financing came from the $700 billion fund known as the TARP.[4] General Motors emerged from a Chapter 11 reorganization in 2009, with an initial public offering that was one of the world`s top 5 largest IPOs to date."
     
  7. Full-Auto
    Offline

    Full-Auto Gold Member

    Joined:
    Jun 13, 2009
    Messages:
    13,555
    Thanks Received:
    1,614
    Trophy Points:
    153
    Ratings:
    +1,615
    • Thank You! Thank You! x 2
  8. CrusaderFrank
    Online

    CrusaderFrank Diamond Member

    Joined:
    May 20, 2009
    Messages:
    81,277
    Thanks Received:
    14,924
    Trophy Points:
    2,210
    Ratings:
    +37,090
    From the article TM could not read:

    "GM is a vastly different company than it was back then. It’s smaller, has less debt and its contract with the United Auto Workers is less costly..."
     
  9. Truthmatters
    Offline

    Truthmatters BANNED

    Joined:
    May 10, 2007
    Messages:
    80,182
    Thanks Received:
    2,223
    Trophy Points:
    0
    Ratings:
    +2,233
    Very true.

    It was at the point that Bush became a kensyen, remember hearing "Were all Kensyans now"?


    It was the right thing to do.

    Obama followed through with the plan and now the right LIES about it daily
     
  10. washamericom
    Offline

    washamericom Gold Member

    Joined:
    Jun 19, 2010
    Messages:
    9,384
    Thanks Received:
    735
    Trophy Points:
    205
    Ratings:
    +2,701
    thanks for reminding me about cash for clunkers and the perfectly good cars that were destroyed by socialism. and the generational family car dealerships that were closed by the government because the owners were republicans, including the only chrysler dealership in detroit.

    and the coal powered volt is doing so well. and those 100,000 $$ electric sports cars from scandanavia, should be one soon in every garage on the south side of alinsky chicago.
     
    • Thank You! Thank You! x 2
    Last edited: Feb 16, 2012

Share This Page