GM profits slip 41%- Papa Obama takes full blame -'you didn't get there on your own'

Discussion in 'Politics' started by Neotrotsky, Aug 2, 2012.

  1. Neotrotsky
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    Neotrotsky Council to Supreme Soviet

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    GM profits slip 41% or you didn't get there on your own

    General Motors' profits fell 41% in the second quarter as troubles in Europe undercut strong sales in North America.



    Papa Obama takes full responsibility for that....

    [ame="http://www.youtube.com/watch?v=DY5V90tpoT8"]http://www.youtube.com/watch?v=DY5V90tpoT8[/ame]
     
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    Last edited: Aug 2, 2012
  2. candycorn
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    candycorn Alis volat propriis

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    Sweet. GM is alive; Osama bin Laden is dead.
     
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  3. buckeye45_73
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    buckeye45_73 Lakhota's my *****

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    Well how long til another bailout of GM...untill they ditch the unions.....their cars will still suck and be expensive....liberals cant figure this out....
     
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  4. NYcarbineer
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    NYcarbineer Diamond Member

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    GM's losses were mainly in Europe but I'm sure you geniuses can find a way of blaming that on Obama too.
     
  5. NYcarbineer
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    NYcarbineer Diamond Member

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    Funny you didn't mention Chrysler.
     
  6. WillowTree
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    WillowTree Diamond Member

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    What? GM outsoursed American jobs to Eurpoe? No fucking way.
     
  7. The T
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    The T George S. Patton Party Supporting Member

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    And to CHINA...

    [ame=http://www.youtube.com/watch?v=Lvl5Gan69Wo]General Motors is becoming China Motors - YouTube[/ame]
     
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  8. Zxereus
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    Zxereus BANNED

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    See that Chevy Volt ? You didn't build that, someone else made that happen !
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    The Story No One Tells About One Of America

    "Most people simply don’t realize that the bailout of GM wasn’t a bailout of the company. It wasn’t a bailout of its shareholders, who lost everything… or its bondholders, who lost almost everything. Where did the money go? To the union. The United Auto Workers (UAW) ended up with all the money.

    Let me show you how…

    GM slid into bankruptcy primarily because it couldn’t profitably manufacture cars. (Yes, there were plenty of other issues, like too much debt, investments in subprime mortgages, etc. But the primary reason it couldn’t solve these other problems was that it hadn’t been making routine profits from manufacturing cars in about 20 years.) And the biggest single reason it couldn’t profitably make cars was because its labor costs had soared.

    Well, guess what? At $56 per hour, GM still has the highest labor costs in the industry."

    Tonight, the role of Bernie Madoff will be played by Barack Obama
     
  10. The T
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    The T George S. Patton Party Supporting Member

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    Someone in CHINA. maybe that's why they're causing fires in American garages?
     

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