GM highest profits EVER

[rightwinger]

it doesn't matter if private companies file bankruptcy. And it's not the business of the fucking government to tell us which companies can or can't file bankruptcy.

And one company does not make the auto industry. There are companies that did just fine without taxpayer money. Maybe those are the companies that we should be celebrating not the ones that are a black hole for our money.

It may have been better if GM was broken up and parceled out. It would have certainly cost us less and we wouldn't have to be footing the bill for subsidizing the Chevy Dolt or the new Edzel as I like to call it.

Two of the three American auto makers were bailed out. I really don't care to bail out Toyota or Hyundai, but am sure their countries would bail them out if needed

Woulda, coulda, shoulda.......
The auto companies might have survived if allowed to go bankrupt.

What we do know is that the auto companies did great thanks to the American taxpayer standing behind American industry

The auto companies would have been liquidated or so you say with absolutely no proof. There are no certainties in the real world so I don't know how you can be so fucking sure of the outcomes. And until the taxpayers are paid back 100% plus interest the bailouts were a failure and money was lost.


The government has no business interfering with or owning stock in private companies.

If you want a nationalized auto industry then just say so and stop pretending the market would not have sorted this out as it has done in the past and will continue to do in the future or is it your position that the government use our money to bail out every company that should file for bankruptcy?

Let's look at the facts..

The bailouts DID work and the auto companies were saved
Your opinion is that bankruptcy MIGHT have worked as well.....we will never know, will we?

 

[Skull Pilot]

Two of the three American auto makers were bailed out. I really don't care to bail out Toyota or Hyundai, but am sure their countries would bail them out if needed

Woulda, coulda, shoulda.......
The auto companies might have survived if allowed to go bankrupt.

What we do know is that the auto companies did great thanks to the American taxpayer standing behind American industry

The auto companies would have been liquidated or so you say with absolutely no proof. There are no certainties in the real world so I don't know how you can be so fucking sure of the outcomes. And until the taxpayers are paid back 100% plus interest the bailouts were a failure and money was lost.


The government has no business interfering with or owning stock in private companies.

If you want a nationalized auto industry then just say so and stop pretending the market would not have sorted this out as it has done in the past and will continue to do in the future or is it your position that the government use our money to bail out every company that should file for bankruptcy?

Let's look at the facts..

The bailouts DID work and the auto companies were saved
Your opinion is that bankruptcy MIGHT have worked as well.....we will never know, will we?

If we never get paid back then no the bail out was not a success because all it means is that GM still cannot pay it's creditors.

And hind sight is always 20 20.

Too bad we didn't have the luxury of hindsight with solyndra huh?

 

[rightwinger]

The auto companies would have been liquidated or so you say with absolutely no proof. There are no certainties in the real world so I don't know how you can be so fucking sure of the outcomes. And until the taxpayers are paid back 100% plus interest the bailouts were a failure and money was lost.


The government has no business interfering with or owning stock in private companies.

If you want a nationalized auto industry then just say so and stop pretending the market would not have sorted this out as it has done in the past and will continue to do in the future or is it your position that the government use our money to bail out every company that should file for bankruptcy?

Let's look at the facts..

The bailouts DID work and the auto companies were saved
Your opinion is that bankruptcy MIGHT have worked as well.....we will never know, will we?

If we never get paid back then no the bail out was not a success because all it means is that GM still cannot pay it's creditors.

And hind sight is always 20 20.

Too bad we didn't have the luxury of hindsight with solyndra huh?

66 billion of the 80 billion has been paid back. The auto bailouts were a major success and saved our auto industry

GM had no ownership interest in Solyndra

 

[Skull Pilot]

Let's look at the facts..

The bailouts DID work and the auto companies were saved
Your opinion is that bankruptcy MIGHT have worked as well.....we will never know, will we?

If we never get paid back then no the bail out was not a success because all it means is that GM still cannot pay it's creditors.

And hind sight is always 20 20.

Too bad we didn't have the luxury of hindsight with solyndra huh?

66 billion of the 80 billion has been paid back. The auto bailouts were a major success and saved our auto industry

GM had no ownership interest in Solyndra

You can't admit government failure on any level can you.

66 out of 80 is not all the money is it? A 14 billion dollar debt is still a big nut to cover and we won't see it all paid back. And don't forget all that stock the government owns that we are sure to lose money on.

We the taxpayers will not come break even on this deal so stop trying to pretend we will.

 

[rightwinger]

If we never get paid back then no the bail out was not a success because all it means is that GM still cannot pay it's creditors.

And hind sight is always 20 20.

Too bad we didn't have the luxury of hindsight with solyndra huh?

66 billion of the 80 billion has been paid back. The auto bailouts were a major success and saved our auto industry

GM had no ownership interest in Solyndra

You can't admit government failure on any level can you.

66 out of 80 is not all the money is it? A 14 billion dollar debt is still a big nut to cover and we won't see it all paid back. And don't forget all that stock the government owns that we are sure to lose money on.

We the taxpayers will not come break even on this deal so stop trying to pretend we will.

And yet, Republicans insist that we give $4 billion a year to oil companies on top of their record profits

 

[Skull Pilot]

66 billion of the 80 billion has been paid back. The auto bailouts were a major success and saved our auto industry

GM had no ownership interest in Solyndra

You can't admit government failure on any level can you.

66 out of 80 is not all the money is it? A 14 billion dollar debt is still a big nut to cover and we won't see it all paid back. And don't forget all that stock the government owns that we are sure to lose money on.

We the taxpayers will not come break even on this deal so stop trying to pretend we will.

And yet, Republicans insist that we give $4 billion a year to oil companies on top of their record profits

I'm not a republican and have argued consistently for equal treatment under the law for all private businesses.

The government should not ever be in the business of subsidizing or bailing out any private business. Period.