In the 1960s, GM averaged a 48.3% share of the U.S. car and truck market. For the first 7 months of 2012, their market share was 18.0%, down from 20.0% for the same period in 2011. With a loss of market share comes a loss of relative cost-competitiveness. There is only so much market share that GM can lose before it would no longer have the resources to attempt to recover.
The left (and unions) doesn't seem to understand math, or why there is a process for bankruptcy in America. Now, since the federal government is going to lose $50 billion, I guess get to learn about math & reality the hard way.
Note this:
Since GM's IPO almost two years ago [GM stock is worth about 39% less than it was when the company went public], the broader S&P 500 has gone up about 30%. During that period, Ford shares have gone down about 15%, Toyota up about 15%, Honda up about 5%, Nissan up about 35%, Hyundai up about 60% and Volkswagen up about 85%.
Oh, but don't worry, the Obama Administration is here to throw more taxpayer money at Joe Biden's friends:
the loan, from the federal government’s Overseas Private Investment Corporation, is for “[u]p to $20.0 million,” and is designed to “expand Winner Import Ukraine’s automobile business, [and] construct and operate ‘Winner Autocity,’ which will have two new, state-of-the-art dealership facilities for Porsche and Land Rover/Jaguar automobiles.”
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Aren't you happy we are sending millions to a Ukrainian company so they can sell British made cars?
In the 1960s, GM averaged a 48.3% share of the U.S. car and truck market. For the first 7 months of 2012, their market share was 18.0%, down from 20.0% for the same period in 2011. With a loss of market share comes a loss of relative cost-competitiveness. There is only so much market share that GM can lose before it would no longer have the resources to attempt to recover.
The left (and unions) doesn't seem to understand math, or why there is a process for bankruptcy in America. Now, since the federal government is going to lose $50 billion, I guess get to learn about math & reality the hard way.
Note this:
Since GM's IPO almost two years ago [GM stock is worth about 39% less than it was when the company went public], the broader S&P 500 has gone up about 30%. During that period, Ford shares have gone down about 15%, Toyota up about 15%, Honda up about 5%, Nissan up about 35%, Hyundai up about 60% and Volkswagen up about 85%.
Oh, but don't worry, the Obama Administration is here to throw more taxpayer money at Joe Biden's friends:
the loan, from the federal government’s Overseas Private Investment Corporation, is for “[u]p to $20.0 million,” and is designed to “expand Winner Import Ukraine’s automobile business, [and] construct and operate ‘Winner Autocity,’ which will have two new, state-of-the-art dealership facilities for Porsche and Land Rover/Jaguar automobiles.”
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Aren't you happy we are sending millions to a Ukrainian company so they can sell British made cars?
You must lead a very sad and horrible life if everyday all you do is search the net for right wing articles to post on an internet gambling forum, trying to convince a bunch of gamblers
if my life ever comes to that, there is no doubt i would just eat a bullet.
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
You must lead a very sad and horrible life if everyday all you do is search the net for right wing articles to post on an internet gambling forum, trying to convince a bunch of gamblers
if my life ever comes to that, there is no doubt i would just eat a bullet.
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
GM has already failed.
Conservatives said the bailout was the wrong policy.
Note you can't bring youself to criticize Obama for giving loans to foreign companies who sell foreign cars. While of course screeching about "jobs overseas"
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
GM has already failed.
Conservatives said the bailout was the wrong policy.
Note you can't bring youself to criticize Obama for giving loans to foreign companies who sell foreign cars. While of course screeching about "jobs overseas"
Spare the horsesh!t, you are merely looking for a reason to bash again..
I'd provide a list of big companies you know of that have been through bankruptcy, but what would be the point? You have not the slightest interest in the actual topic or facts.
Spare the horsesh!t, you are merely looking for a reason to bash again..
I'd provide a list of big companies you know of that have been through bankruptcy, but what would be the point? You have not the slightest interest in the actual topic or facts.
You must lead a very sad and horrible life if everyday all you do is search the net for right wing articles to post on an internet gambling forum, trying to convince a bunch of gamblers
if my life ever comes to that, there is no doubt i would just eat a bullet.
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
You must lead a very sad and horrible life if everyday all you do is search the net for right wing articles to post on an internet gambling forum, trying to convince a bunch of gamblers
if my life ever comes to that, there is no doubt i would just eat a bullet.
you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas
Conservatives aren't rooting for businesses to fail. However, we will point out that politicians shouldn't be giving fed dollars to private businesses. We all have heard the term "picking winners and losers." If the govt is going to bail out GM then why not bail out that restaurant down the street or company XYZ in Timbuktu.
When one of them do fail conservatives will point it out because that will be ammunition during the campaign.
Independent voters are going to have to decide what's more important: voting for a guy who wasted billions in tax payer money or voting for a guy who put his dog on the roof of his car.
Conservatives aren't rooting for businesses to fail. However, we will point out that politicians shouldn't be giving fed dollars to private businesses. We all have heard the term "picking winners and losers." If the govt is going to bail out GM then why not bail out that restaurant down the street or company XYZ in Timbuktu.
When one of them do fail conservatives will point it out because that will be ammunition during the campaign.
Independent voters are going to have to decide what's more important: voting for a guy who wasted billions in tax payer money or voting for a guy who put his dog on the roof of his car.
Spare the horsesh!t, you are merely looking for a reason to bash again..
I'd provide a list of big companies you know of that have been through bankruptcy, but what would be the point? You have not the slightest interest in the actual topic or facts.
So what is the topic of this thread, why are you posting a thread about GM in the politics forum unless you are trying to yet again take a shot at the Democrats (Obama/Unions) in the first place?
I am interested in why you would post this here and what positive reason you have for making the thread?
Is it a good thing if GM goes BK? Of course not..is GM going BK (which isnt happening right now) a political topic in general?
Spare the horsesh!t, you are merely looking for a reason to bash again..
I'd provide a list of big companies you know of that have been through bankruptcy, but what would be the point? You have not the slightest interest in the actual topic or facts.
So what is the topic of this thread, why are you posting a thread about GM in the politics forum unless you are trying to yet again take a shot at the Democrats (Obama/Unions) in the first place?
I am interested in why you would post this here and what positive reason you have for making the thread?
Is it a good thing if GM goes BK? Of course not..is GM going BK (which isnt happening right now) a political topic in general?
So what is the topic of this thread, why are you posting a thread about GM in the politics forum unless you are trying to yet again take a shot at the Democrats (Obama/Unions) in the first place?
It is a political topic.
See, the President you voted for is running around the country saying GM is doing just swell.
On top of the fact that our tax dollars have been used to delay the inevitable bankruptcy.
But don't worry, you're here trying to change the subject, becasue you really can't discuss the fact that policies you support fail and nor do you really want to discuss why or what the best thing to do would be.
So you'll attempt to change the subject and make it about me.
So what is the topic of this thread, why are you posting a thread about GM in the politics forum unless you are trying to yet again take a shot at the Democrats (Obama/Unions) in the first place?
It is a political topic.
See, the President you voted for is running around the country saying GM is doing just swell.
On top of the fact that our tax dollars have been used to delay the inevitable bankruptcy.
But don't worry, you're here trying to change the subject, becasue you really can't discuss the fact that policies you support fail and nor do you really want to discuss why or what the best thing to do would be.
So you'll attempt to change the subject and make it about me.
This is not about any party or political affiliation, both political parties dipped into the TARP pool.
So let me ask again..if you were seriously concerned about the welfare of GM and the implications of a pending BK (which isnt happening) then why are you posting it in this forum?
If you are trying to make another political jab (obvious and misguided) then just admit to it and stop with the crap..
This is not about any party or political affiliation, both political parties dipped into the TARP pool.
So let me ask again..if you were seriously concerned about the welfare of GM and the implications of a pending BK (which isnt happening) then why are you posting it in this forum?
If you are trying to make another political jab (obvious and misguided) then just admit to it and stop with the crap..
This is not about any party or political affiliation,
Actually, Obama says GM is a "success" and Romney said he wouldn't have bailed them out.
if you were seriously concerned about the welfare of GM and the implications of a pending BK (which isnt happening) then why are you posting it in this forum?
Becuase it is a political topic.
If you are trying to make another political jab (obvious and misguided)
Yes "misguided" becasue you really can't discuss the fact that policies you support fail . Over & over.
This is not about any party or political affiliation,
Actually, Obama says GM is a "success" and Romney said he wouldn't have bailed them out.
if you were seriously concerned about the welfare of GM and the implications of a pending BK (which isnt happening) then why are you posting it in this forum?
Becuase it is a political topic.
If you are trying to make another political jab (obvious and misguided)
Yes "misguided" becasue you really can't discuss the fact that policies you support fail . Over & over.
Can you point out where I said I wanted GM to fail?
I'd really like to read all about it.
thanks.
I quoted cd's entire post, not just the final sentence.
But look at your track record of posts on here. You would love to see GM fail just so you could bash Obama. You would rather see it fail than succeed if that meant you could bash Obama over it.
Fuck Americans and their jobs/company/money/lives. We need to get this Democrat out of office.
That is essentially your stance on this whole race. It's not what's best for America. It's not even what's best for the GOP(Ron Paul). It's just so if Mittens wins the race, you can say "I picked the winner." I was right about the race and you all were wrong.
Guess what genius. Most of this forum agrees that, regardless of who wins this race, nothing significant is going to change in America. And that is what is the real problem.
So you go ahead and continue to post your 600 person polls that are conducted by whatever means were relevant God knows when. Because shit isn't changing as long as people like you don't wake up and realize that you are just a pawn in the game.
You keep voting for whoever the GOP puts out there because that is who they tell you to vote for. For someone that comes across as intelligent, you sure are naive.
Can you point out where I said I wanted GM to fail?
I'd really like to read all about it.
thanks.
I quoted cd's entire post, not just the final sentence.
But look at your track record of posts on here. You would love to see GM fail just so you could bash Obama. You would rather see it fail than succeed if that meant you could bash Obama over it.
Fuck Americans and their jobs/company/money/lives. We need to get this Democrat out of office.
That is essentially your stance on this whole race. It's not what's best for America. It's not even what's best for the GOP(Ron Paul). It's just so if Mittens wins the race, you can say "I picked the winner." I was right about the race and you all were wrong.
Guess what genius. Most of this forum agrees that, regardless of who wins this race, nothing significant is going to change in America. And that is what is the real problem.
So you go ahead and continue to post your 600 person polls that are conducted by whatever means were relevant God knows when. Because shit isn't changing as long as people like you don't wake up and realize that you are just a pawn in the game.
You keep voting for whoever the GOP puts out there because that is who they tell you to vote for. For someone that comes across as intelligent, you sure are naive.
You don't even realize that your daddy obama is the one that makes you come out with hateful speech cd.
He is the one with the things he have said in the past that is dividing our country through racial, political, religious, economic status, and gender lines.
Instead of him saying things to bring all of us Americans together in harmony, he chose to say things to divide us...that is not the kind of leader I want...no...no...no!!
You don't even realize that your daddy obama is the one that makes you come out with hateful speech cd.
He is the one with the things he have said in the past that is dividing our country through racial, political, religious, economic status, and gender lines.
Instead of him saying things to bring all of us Americans together in harmony, he chose to say things to divide us...that is not the kind of leader I want...no...no...no!!
Typical right wing nut..spend a trillion dollars on an unnecessary war, and advocate more war.. Then bellyache about American automobile company struggling, while they drive around in imported name brand vehicles.
To me, if you drive a foreign named vehicle you might as well be driving an Afgansitan, Iranian, Iraqi made vehicle.
If you're not supporting your country after 10 years of wartime, you are not a citizen and deserved to be deported. Especially knowing that more than 100,000 veterans are coming home looking for jobs. It's just UNAMERICAN !
Typical right wing nut..spend a trillion dollars on an unnecessary war, and advocate more war.. Then bellyache about American automobile company struggling, while they drive around in imported name brand vehicles.
To me, if you drive a foreign named vehicle you might as well be driving an Afgansitan, Iranian, Iraqi made vehicle.
If you're not supporting your country after 10 years of wartime, you are not a citizen and deserved to be deported. Especially knowing that more than 100,000 veterans are coming home looking for jobs. It's just UNAMERICAN !
Fuck Americans and their jobs/company/money/lives. We need to get this Democrat out of office.
Oh, and by the way, because of this Democrat in office, 700 GM dealerships closed, Delphi workers lost their health care & pensions, and the taxpayers stand to lose $50 billion. (GM paid no federal income taxes in 2011).
Fuck Americans and their jobs/company/money/lives. We need to get this Democrat out of office.
Oh, and by the way, because of this Democrat in office, 700 GM dealerships closed, Delphi workers lost their health care & pensions, and the taxpayers stand to lose $50 billion. (GM paid no federal income taxes in 2011).
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