[Gnhtsg]

2-24-11
http://www.nytimes.com/2011/02/25/business/25auto.html
"General Motors, which nearly collapsed from the weight of its debts two years ago before reorganizing in a government-sponsored bankruptcy, said on Thursday that it earned $4.7 billion in 2010, the most in more than a decade."

9-27-11
http://www.bloomberg.com/news/2011-0...units-ceo.html
"General Motors Co. (GM) is now profitable in all of its regional units, Chief Executive Officer Dan Akerson said."

1-10-12
http://www.latimes.com/business/la-f...,1593668.story
"General Motors Co. is on track to retake the title of world's top-selling automaker. GM, which lost the crown to Toyota in 2008 after holding it for more than seven decades, won't release global sales numbers until later this month, but it's on pace to finish 2011 at around 9 million cars and trucks, at least 800,000 more than its German and Japanese rivals."


GM is back and people are working. Pretty sick that Republicans don't want them to be

.


Important note on the last link:
The part I quoted was taken from same exact story that I linked. BUT, the quote had been scrubbed for internet posting so I typed the missing part in by hand. That just goes to show you, what you find on the internet is often cut rate information. Internet sourcing of news is inferior to the paper. How sad.

 

[Gnhtsg]

^Look at that "embarrassment" emoticon. Pretty cool, huh? Why doesn't SZ have that?

We could use "drumrole" and "popcorn" too...and "thumbs up"...and "middle finger".

 

[LDH]

Didn't GM dump like more than half of its brands? Effectively downsizing the company to a point where it could sustain itself?

I would be interested in learning how many people they employed prior to the downsizing versus overall production and profit. There just isn't much you can glean from the facts above.

 

[Gog]

I guess when Jesus showed up and began healing things, the right wingers of the day said and did about the same as we see today from the hypocrites of GOP land. Obama looks and acts more like Jesus then any republican I can see/hear...

I get the creepy feeling that half of today's republicans would approve of crucifying/lynching Obama.. given half a chance.

Doesnt matter if he's Christian, honest, smarter and doing righteous things...sigh.

"Thou shalt not speak ill of any fellow Republican."?
I guess it's OK to call a fellow Christian a Nazi, a devil, a terrorist, a Muslim, a dictator..

Thats why Christianity is so demented and fractured... too much sects and thugs and cock and roll. They wont stop until they have bastardized America as thoroughly as they have bastardized Christianity.

Daily Kos: Poll: Most Republicans hope President Obama's policies fail

 

[LDH]

Christianity is demented and fractured because of the all the hypocritical motherfvckers claiming to be of the Christian faith.

These same fvckers that will go on a public message board and issue death threats against Casey Anthony and tell her she deserves to "burn in hell", a person they have never met that doesn't actually affect their lives at all... I mean what would Jesus do? Everyone of them has broken a law somewhere and gotten away with it and you don't see them owning up to any penance for that, but they are oh so quick to judge someone else that has been legally acquitted in a court of law without knowing any of the real facts. They weren't there and don't know what happened, but they will pretend they do.

Additionally you have pastors fvcking small boys or reverends getting caught with hookers or as of last week some allegedly celibate bishop has an entire secret family with 2 children. Religion is a scam only surpassed by democracy and then everyone wonders why aliens don't bother to contact us...

 

[Gog]

Amen.

I dont mind watching churches implode but it irks me to no end to see democracy foiled by these psychotic 'imploders'. From mosque to mega church.. same ilk.. no wonder they hate each other and they ALWAYS destroy more than they ever create. They ALWAYS hurt more than they ever help.

I recommend everyone learn about the beginnings of democracy. When men decided Kings, Queens and fairy tales were for losers and retards. When democracy was direct and how it evolved.. and was 'near perfected' by the founding fathers of the good ol' USofA!

http://en.wikipedia.org/wiki/Direct_democracy

'The fathers' distilled so many forms of governance and contract. From the Roman system to the Magna Carta and so much more. By today's standards ancient Greeks might fail the test of justice(from a woman's or a slave's point of view for sure), but they set the stage for the grand entrance of the mighty American Constitution.

Watching these right wingers blab on about their own prejudices and fears is just sickening. Suffering the comprehension of their lack of comprehension of science and such. Watching them arrogantly champion environmental destruction.. Well. just look what Greece lost 'way back then' for cutting down their trees! I should say, they wouldn't want us to repeat their mistakes.

Yeah but.. Is it perfect?

Nope. My dad used to say "democracy is the worst form of government.. except for all the others".

I am biased though(thank my lucky stars). I am a reincarnated Athenian. It explains why I cant stand Spartans(reich wingers).

Excepting machinery, there is hardly anything secular in our culture that does not come from Greece. Schools, gymnasiums, arithmetic, geometry, history, rhetoric, physics, biology, anatomy, hygiene, therapy, cosmetics, poetry, music, tragedy, comedy, philosophy, theology, agnosticism, skepticism, stoicism, epicureanism, ethics, politics, idealism, philanthropy, cynicism, tyranny, plutocracy, democracy: these are all Greek words for cultural forms seldom originated, but in many cases first matured for good or evil by the abounding energy of the Greeks.

All the problems that disturb us today- the cutting down of the forests and the erosion of the soil; the emancipation of women and the limitation of the family; the conservatism of the established, and the experimentalism of the unplaced, in morals, music, and the government; the corruption of politics and the perversions of conduct; the conflict of religion and science, the weakening of the supernatural supports of morality; the war of the classes, the nations, and the continents; the revolutions of the poor against the economically powerfully rich, and of the rich against the politically powerfully poor; the struggle between democracy and dictatorship, between individualism and communism, between the East and the West- all these agitated, as if for our instruction, the brilliant and turbulent life of ancient Hellas.

There is nothing in Greek civilization that does not illuminate our own... Will Durant

Explains why it is I make these vases from the past.. out of today's earth......Solely to pay homage to our culture.. their culture. The birth of free men and western ways...yay!

 

[nycstripes]

2-24-11
http://www.nytimes.com/2011/02/25/business/25auto.html
"General Motors, which nearly collapsed from the weight of its debts two years ago before reorganizing in a government-sponsored bankruptcy, said on Thursday that it earned $4.7 billion in 2010, the most in more than a decade."

You have to put this in context with the fact that GM has lost 90 Billion in recent years. Its still DEEP in the hole for losses.
Much of that loss is attributed to operational waste and benefit packages which went unchanged in the restructuring effort. They're still hemoraging money and now its taxpayer money.

9-27-11
http://www.bloomberg.com/news/2011-0...units-ceo.html
"General Motors Co. (GM) is now profitable in all of its regional units, Chief Executive Officer Dan Akerson said."

1-10-12
http://www.latimes.com/business/la-f...,1593668.story
"General Motors Co. is on track to retake the title of world's top-selling automaker. GM, which lost the crown to Toyota in 2008 after holding it for more than seven decades, won't release global sales numbers until later this month, but it's on pace to finish 2011 at around 9 million cars and trucks, at least 800,000 more than its German and Japanese rivals."

GM is back and people are working. Pretty sick that Republicans don't want them to be

.

Important note on the last link:
The part I quoted was taken from same exact story that I linked. BUT, the quote had been scrubbed for internet posting so I typed the missing part in by hand. That just goes to show you, what you find on the internet is often cut rate information. Internet sourcing of news is inferior to the paper. How sad.

Its no miracle, just another farce.

1)The Chevy Volt is another Edsel.
2)Obama has fogiven large parts of the bailouts to GM and Chrysler
3)Obama and the UAW stole the ownership of GM and Chrysler from the legitimate bond holders of those two corporations and gave control of the bonds to the UAW.
http://blogs.wsj.com/autoshow/2009/04/27/statement-from-gm-bondholder-commitees-advisers/
4) the US Taxpayer has been bent over the barrel to save a corrupt company and UAW workforce and idiots are calling this a success story.

"The hype is not the reality," Sen. Charles Grassley, R-Iowa, wrote in a column on FoxNews.com over the weekend. "It is far from clear how GM and the Obama administration could honestly say, much less trumpet in prime time television ads, that GM repaid its TARP (Troubled Asset Relief Program) loans in any meaningful way."
Grassley wrote a letter last week to Treasury Secretary Timothy Geithner expressing his concerns and asking for more information about why the company was allowed to use bailout money to repay bailout money.
The $6.7 billion is also just a fraction of the $52 billion General Motors received in government aid. Grassley said lawmakers are being told government losses on GM are expected to exceed $30 billion.
The TARP inspector general, Neil Barofsky, bluntly told the Senate Finance Committee during a hearing last week that the repayment "is just other TARP money" and lawmakers should not "exaggerate" the feat.
"It sounds like they're kind of like taking money out of one pocket and putting it in the other to do that," Sen. Tom Carper, D-Del., said at the hearing.
Sen. Richard Shelby, R-Ala., expressed similar concerns Sunday on NBC's "Meet the Press," saying it's "misleading" for the administration to claim the company has paid back its loans.

General Motors admits that the company is repaying the loan with other government money, but says a year ago "nobody thought we'd be able to pay this back."


Read more: http://www.foxnews.com/politics/201...sleading-public-loan-repayment/#ixzz1jCAXOqHM


Chrysler won't repay federal bailout 'loans' - May. 5, 2009
The fake Chrysler loan payoff Hot Air
FactCheck.org : Chrysler Paid in Full?
Chrysler Won't Pay Back U.S. Loans - Econwatch - CBS News


I'd like to see all US companies successful on their own. Not with the government involved and at the enormous expense this has been costing the US taxpayer.

 

[Gog]

I'd like to see all US companies successful on their own. Not with the government involved and at the enormous expense this has been costing the US taxpayer.

They all say this however.. we know how long it takes before you uncover the blatant hypocrisy!!

'Government out of the way' is code for 'we dont want to pay for safeguards or take any responsibility for our footprints'...

 

[RockyMt]

Don't try and explain "FREE MARKETS" to gagette, if it's not socialisim, he has no clue.............


Semper Fi!


-Rocky-

 

[Gnhtsg]

Its no miracle, just another farce.

1)The Chevy Volt is another Edsel.
2)Obama has fogiven large parts of the bailouts to GM and Chrysler
3)Obama and the UAW stole the ownership of GM and Chrysler from the legitimate bond holders of those two corporations and gave control of the bonds to the UAW.
Statement from GM Bondholder Committee’s Advisers - Auto Industry Tracker - WSJ
4) the US Taxpayer has been bent over the barrel to save a corrupt company and UAW workforce and idiots are calling this a success story.

"The hype is not the reality," Sen. Charles Grassley, R-Iowa, wrote in a column on FoxNews.com over the weekend. "It is far from clear how GM and the Obama administration could honestly say, much less trumpet in prime time television ads, that GM repaid its TARP (Troubled Asset Relief Program) loans in any meaningful way."
Grassley wrote a letter last week to Treasury Secretary Timothy Geithner expressing his concerns and asking for more information about why the company was allowed to use bailout money to repay bailout money.
The $6.7 billion is also just a fraction of the $52 billion General Motors received in government aid. Grassley said lawmakers are being told government losses on GM are expected to exceed $30 billion.
The TARP inspector general, Neil Barofsky, bluntly told the Senate Finance Committee during a hearing last week that the repayment "is just other TARP money" and lawmakers should not "exaggerate" the feat.
"It sounds like they're kind of like taking money out of one pocket and putting it in the other to do that," Sen. Tom Carper, D-Del., said at the hearing.
Sen. Richard Shelby, R-Ala., expressed similar concerns Sunday on NBC's "Meet the Press," saying it's "misleading" for the administration to claim the company has paid back its loans.

General Motors admits that the company is repaying the loan with other government money, but says a year ago "nobody thought we'd be able to pay this back."


Read more: Lawmakers Accuse GM, Administration Of Misleading Public Over Loan Repayment | Fox News


Chrysler won't repay federal bailout 'loans' - May. 5, 2009
The fake Chrysler loan payoff Hot Air
FactCheck.org : Chrysler Paid in Full?
Chrysler Won't Pay Back U.S. Loans - Econwatch - CBS News


I'd like to see all US companies successful on their own. Not with the government involved and at the enormous expense this has been costing the US taxpayer.

Yeah, yeah, yeah.
They haven't repaid the TARP money because it isn't due yet. I believe it's due in about four more years. Stock price has to go to $53 to break even. It's currently at $24. But profits are up, sales are up, GM is almost the biggest seller again. They're moving in the right direction. It's really a bitch, isn't it?

Grassley's a dipshit.
The Volt...uh...I don't know. I wouldn't buy one but they look pretty good. I hear you can cook marshmellows in them too.

 

[nycstripes]

Yeah, yeah, yeah.
They haven't repaid the TARP money because it isn't due yet. I believe it's due in about four more years. Stock price has to go to $53 to break even. It's currently at $24. But profits are up, sales are up, GM is almost the biggest seller again. They're moving in the right direction. It's really a bitch, isn't it?

Grassley's a dipshit.
The Volt...uh...I don't know. I wouldn't buy one but they look pretty good. I hear you can cook marshmellows in them too.

Profits are up? they're still 80 Billion in the hole.... This trend has to keep going for some years before anyone can call this a success. That's aside from actually paying back the 60 Billion in loans.

That's to get even and it still doesn't address the multi-billion dollar theft of the ownership of the company from the bond holders of GM and Chrysler solely to the benefit of the UAW.

Your measuring stick for success shouldn't be stored where you sit. Just sayin...

 

[Gog]

The Volt...uh...I don't know. I wouldn't buy one but they look pretty good. I hear you can cook marshmellows in them too.

Big Oil wants electric/alternative energy to fail like republicans want their country to fail...

 

[Gnhtsg]

Profits are up? they're still 80 Billion in the hole.... This trend has to keep going for some years before anyone can call this a success. That's aside from actually paying back the 60 Billion in loans.

That's to get even and it still doesn't address the multi-billion dollar theft of the ownership of the company from the bond holders of GM and Chrysler solely to the benefit of the UAW.

Your measuring stick for success shouldn't be stored where you sit. Just sayin...

Ted Haggard

 

[Gnhtsg]

Big Oil wants electric/alternative energy to fail like republicans want their country to fail...

Kinda seems that way. Did you see me post up how much Oil&Gas spends on lobbyists? OMG.

 

[damianroadracer]

Liberal trash

I think it is funny how the biggest SOCIALIST on this tread are from California and Canada. One has terrible health care and the other has the highest unemployment rate. Go figure.

 

[Gnhtsg]

Profits are up? they're still 80 Billion in the hole.... This trend has to keep going for some years before anyone can call this a success. That's aside from actually paying back the 60 Billion in loans.

That's to get even and it still doesn't address the multi-billion dollar theft of the ownership of the company from the bond holders of GM and Chrysler solely to the benefit of the UAW.

Your measuring stick for success shouldn't be stored where you sit. Just sayin...

Isn't it ironic that deregulated free market capitalism destroyed GM while a government bailout saved it?

U.A.W. Defends Itself and Takes On G.M. Bondholders - NYTimes.com (5/28/09)

"General Motors stock when we went into '07 negotiations was $20 a share. When we came out it was $42. We know where it is today, Mr. Gettlefinger said. GM shares closed Thursday at $1.12, down 3 cents.
"How did it get here today? It got here because of the collapse of financial institutions, it got here because of the subprime housing, it got here because of tight money, it got here because of the collapse of sales all over the world."

In other words, Reagan, Wall Street, mortgage originators, rating agencies, people who took loans they couldn't pay. Deregulated free market capitalism laid a broken egg.
I don't begrudge workers for getting a piece of the shell. Many of the people who broke the egg got an egg white omelet (and it was mostly legal so there isn't much we can do about it). That's what happens when you let business decide the rules.

 

[Gnhtsg]

Liberal trash

I think it is funny how the biggest SOCIALIST on this tread are from California and Canada. One has (1)terrible health care and the other has (2) the highest unemployment rate. Go figure.

1. So why is it that Sarah Palin "skipped across the border" (her words) for health care?

2. The higher you climb the further you fall. How come every Tom, Dick and Jesus came to California? Two things: Work and weather, in that order. They clogged the state and then when the economy goes bad you blame California. Blame the states and countries that could not provide a future for those people in the first place. We are jammed full of hillbillies and immigrants because RED STATES are economicly weak and because the federal boys don't control the border.

And BTW, Cali is number two; Nevada is number one. Look at the map in the link. Notice anything? The states with high unemployment are the states with the most economic activity (DUH - makes sense now, doesn't it?). How come the rest of the states are stuck in neutral? Red states again, BTW.

State-by-state Unemployment - The Wall Street Journal Online


"Liberal trash"
Hah, hah.
You're a real joke.
Go kill an opossom to settle your nerves.

 

[nycstripes]

Big Oil wants electric/alternative energy to fail like republicans want their country to fail...

You should back this up with some facts. With all of the solar research being conducted at universities all over the globe, the oil industry can hardly stop all of the liberal students and professors from pushing the technology forward. Despite decades of this, its really only a supplemental energy source like wind power.

That's an enormous assumption on your part. Devoid of fact which should be expected.

I say that the government wants alternative power to fail since the taxes that they would loose from gas/oil sales would cripple the government. The addition of the taxes this government needs to operate would make the alternative energies much more expensive in the process.

 

[Gog]

"Liberal trash"
Hah, hah.
You're a real joke.
Go kill an opossom to settle your nerves.

heheh

At least he didnt beat around the Bush.. but I bet he voted for him and blames all his fvckups on Obama...

I guess Sarah and Rush told him the healthcare sucks up here... and he believed it! doh..lol.

 

[Gnhtsg]

Liberal trash

I think it is funny how the biggest SOCIALIST on this tread are from California and Canada. One has terrible health care and the other has the highest unemployment rate. Go figure.

BTW, you got the order of Cali and Cana mixed up. "Go figure" is right. You couldn't figure your way out of a play pen.