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

[Neotrotsky]

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]

 

[candycorn]

"Our results in North America were solid, but we clearly have more work to do to offset the headwinds we face, especially in regions like Europe and South America," said GM chairman and CEO Dan Akerson. "Despite the challenging environment, GM has now achieved 10 consecutive quarters of profitability, which is a milestone the company has not achieved in more than a decade."

Sweet. GM is alive; Osama bin Laden is dead.

 

[buckeye45_73]

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....

 

[NYcarbineer]

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

 

[NYcarbineer]

Funny you didn't mention Chrysler.

 

[WillowTree]

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

What? GM outsoursed American jobs to Eurpoe? No fucking way.

 

[The T]

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

What? GM outsoursed American jobs to Eurpoe? No fucking way.

And to CHINA...

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

 

[Zxereus]

See that Chevy Volt ? You didn't build that, someone else made that happen !

 

[CrusaderFrank]

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

 

[The T]

See that Chevy Volt ? You didn't build that, someone else made that happen !

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

 

[francoHFW]

Idiocy. A) He said "This great American system- you didn't build that"...B) How 'bout passing ONE Obama policy or Pub style jobs bill in 3 years?- This is a Pub economy...

 

[The T]

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

And backed by the Unions and their money laundering.

 

[buckeye45_73]

Idiocy. A) He said "This great American system- you didn't build that"...B) How 'bout passing ONE Obama policy or Pub style jobs bill in 3 years?- This is a Pub economy...

OMG, you're crazy......keep on telling yourself this....

 

[The T]

Idiocy. A) He said "This great American system- you didn't build that"...B) How 'bout passing ONE Obama policy or Pub style jobs bill in 3 years?- This is a Pub economy...

OMG, you're crazy......keep on telling yourself this....

Franco's ship sank decades ago. he's a doddering fool. Teacher my ass.

 

[LordBrownTrout]

Aren't the taxpayers still 40 billion screwed?

 

[Neotrotsky]

See that Chevy Volt ? You didn't build that, someone else made that happen !

yes the Volt



Papa Obama's Potemkin Village or Chevy Volt Becomes Centerpiece of Smart Community

 

[The T]

Aren't the taxpayers still 40 billion screwed?

Try $42 BILLION


http://www.sigtarp.gov/Quarterly Reports/July_25_2012_Report_to_Congress.pdf

 

[copsnrobbers]

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....

Obama: "If you've got a business, you didn't - YouTube

LMAO at this guy........... He's no President.. Just a agenda's face. Plus, He's rather stupid.

Nov......

 

[buckeye45_73]

See that Chevy Volt ? You didn't build that, someone else made that happen !

LOL, noone's taking claim for the Volt, fires and steering wheels comming off...Unions at work!!!!!!!!!

 

[Jackson]

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

What? GM outsoursed American jobs to Eurpoe? No fucking way.

And to CHINA...

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

People need to hear this!