Obama....new head of GM

RamboPreacher · Postby **RamboPreacher** » March 30th, 2009, 4:03 pm

golden parachute, along with the golden airplane, the golden runway and the golden hot-springs hotel to land at.

EagerBeaver · Postby **EagerBeaver** » March 30th, 2009, 7:05 pm

The man who has duped so many with his eloquence would be well served to use that eloquence to start teaching Americans a bit of fiscal responsibility.

Back on the topic of GM though, the man is doing what he wanted to do all along. Put his hands in private business. Next it'll be our churches and homes.

Suddenly I don't think I'm that paranoid anymore. It's all a reality.

MacUser · Postby **MacUser** » March 31st, 2009, 5:26 am

EagerBeaver wrote:Suddenly I don't think I'm that paranoid anymore. It's all a reality.

I'm in your boat my friend. Well said.

dalebert · Postby **dalebert** » March 31st, 2009, 5:35 am

I saw one the girls from Louisville womens basketball team that won yesterday as she was being interviewed , screamed "Obama, Obama....thanking him for being prez...good grief...a college player just after winning a BB game...??????...why would anyone thank and yell the prez's name like that??????...it's really crazy !!!!!!

MacUser · Postby **MacUser** » March 31st, 2009, 6:35 am

This Cartoonist had it down exactly right didn't he?

Full Quiver · Postby **Full Quiver** » March 31st, 2009, 7:04 am

Let's pretend our govt. had done what was right and allowed AIG to fail. That business would have went somewhere. Those employees would have went somewhere also. Many businesses would have come out of that corporate conglomerate and thus everything would have carried on but probably much more efficiently.

The same applies for GM. Bankruptcy is not the end of a business per se. It is reorganization in most cases and allows the company shelter to get back on their feet and in the financial black again.

In my opinion Ford is laying low with their fingers crossed because if Gm goes away altogether then Ford will corner the market on American car sales. There is a large percentage of the American population that will only buy Ford, GM, or Chrysler and Ford will reap these buyers.

This is not the first time US auto makers had problems. Sure the govt. loaned Chrysler money in the 80's which was paid back. AMC got bought out, and so did many, many others such as JEEP, etc. Seen a Studebaker lately? GM took a hit and sold out in the early 1900's. The ex CEO then started Chevy before buying GM back.

MacUser · Postby **MacUser** » March 31st, 2009, 7:38 am

Full Quiver wrote:Let's pretend our govt. had done what was right and allowed AIG to fail. That business would have went somewhere. Those employees would have went somewhere also. Many businesses would have come out of that corporate conglomerate and thus everything would have carried on but probably much more efficiently.

If it has a failed business model.. giving it cash is not going to help... Because it's a failed business model. Chapter 11 (and others) was created for this.

Dr. Ron · Postby **Dr. Ron** » March 31st, 2009, 8:03 am

The great thing about this is it guarantees him to be a one term president. He will have to lay off the entire GM company....kill out all the union contracts and basically just shut down an entire industry....

BTW. he is now forcing an American car company (Chrysler) to sell to a foreign company. Fiat is buying Chrysler or they don't get the bailout money......can anyone say "blackmail"???????

This guy is killing me......It has gone beyond funny to totally irrational!!!

dalebert · Postby **dalebert** » March 31st, 2009, 11:22 am

Dr. Ron wrote:The great thing about this is it guarantees him to be a one term president. He will have to lay off the entire GM company....kill out all the union contracts and basically just shut down an entire industry....

BTW. he is now forcing an American car company (Chrysler) to sell to a foreign company. Fiat is buying Chrysler or they don't get the bailout money......can anyone say "blackmail"???????

This guy is killing me......It has gone beyond funny to totally irrational!!!

and yet nothing as i can see...is being done to stop this lunacy!!!! Or is there anything that an be done?

bibleguy · Postby **bibleguy** » March 31st, 2009, 12:13 pm

soulsearcher wrote:Makes me think of the story in the Bible where the people were starving and whining for food. God sent manna - literally, bread FROM HEAVEN no less, and then they whined for meat. God said something to the effect of, "You want meat? I'll give you so much meat that you'll be puking it out your nose."

It also reminds me of the 7 years of famine. At first people lived off what they had. Then they started buying from the government. Then, when money ran out, they said "Give us bread." Joseph said, I'm not giving you anything, I'll trade with you. He got their livestock, their homes, and eventually their very lives.

In the end they thanked him for making them slaves, saying, "You saved our lives."

(Contrary to popular opinion, at that point everyone was a slave in Egypt EXCEPT the Hebrews. They were blessed by Pharoah and given the best land in Egypt. Joseph would not have sold his family into slavery. Their slavery would come after Joseph's death and the rise of a new Pharoah.)

MacUser · Postby **MacUser** » March 31st, 2009, 12:39 pm

This came from the radio news broadcast.. so I can't supply a link yet.

But I heard that the GM CEO that stepped down was only getting $1.00 dollar a year with his stock options etc.

BUT.. this new CEO.. isn't going to wave his million dollar plus salary like the last guy did.

Bravo.

Tim Elston · Postby **Tim Elston** » March 31st, 2009, 6:41 pm

Good for Obama. Kick the bum CEO out on his fanny. He thinks he can underperform and then expect us to bail him out because his company is "too big to fail." Well, sorry, Charlie, but there are consequences to failure, and you are out! We bailed you out with billions of our dollars, and if you think you are going to rake in billions from us time and time again and still keep your job, get in the soup line!

This is little different then a temporary nationalization of banks in order to get them under control. The idea that this is a move toward socialism as a permanent form of government is typical irrational hysteria.

MacUser · Postby **MacUser** » April 1st, 2009, 4:26 am

Tim Elston wrote:The idea that this is a move toward socialism as a permanent form of government is typical irrational hysteria.

Pass some of that mind altering Kool-O-Aid my friend. :wink:

Full Quiver · Postby **Full Quiver** » April 1st, 2009, 5:45 am

So Tim, should Obama fire ever under performing boss in the land tomorrow?

Is it true that Fiat will get Chrysler for $25 million? That's a steal!!! The factories are worth more than that. If this is true then why on Earth would our govt. "loan" $6 billion to a company that is only worth 25 million dollars?

Dr. Ron · Postby **Dr. Ron** » April 1st, 2009, 6:15 am

Well if Underperformance is criteria for a PRESIDENT to overstep his bounds then lets kick the idiot President out....

Talk about underperformance......my God what a dolt.

He is snubbing Israel, kissing Irans butt, asking Mexico to help us learn about how to run our country, forgetting his promises about Iraq (where is your diatribe on that one lately?), running up a national debt that is bankruptcy, killing babies around the world with our tax dollars, asking China about how to run a "free market economy", putting people in positions of authority who believe Sharia law is acceptable here in this country thus forgetting about the rights of women and children.....

And that is just since 7 am today....

Good Lord ......

Jude 2