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Friday Fun: GM, The Deadbeat of America

Kurt114 Wrote: Oct 26, 2012 9:09 AM
In this area, GM is considered "Government Motors." When I bought another truck this fall wouldn't look at GM. A Ford in my driveway now. We didn't bail out GM, we bailed out the UAW. The problem wasn't fixed, so GM will be in trouble again.
Charles SWVA Wrote: Oct 26, 2012 11:17 AM
I too just bought a car because a 17 year old kid totalled my 03 Buick. I bought a Toyota Camry and would otherwise have bought another Buick except that GM was stolen from investors and given to the UAW in a political payoff.

Maybe if the Republicans take over the Gubment, they will assure that GM pays off the bondholders and taxpayers before the UAW gets another penny in raises or benefit hikes. Layoffs and salary cuts would also be in order.
Richard1452 Wrote: Oct 26, 2012 10:51 AM
I'm with you. I will never buy another GM car. Only the government buys GM cars - I think it was in August that the government made 78% of GM sales