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Wow. Saving Detroit was Expensive

Timgabz Wrote: Mar 13, 2013 4:55 AM
Throwing money in to ease cashflow with out structural changes was like the Stimulus money QE1 & QE2 being poured into a hole without fixing the structural problems as a condition. Gosh, they come from the same dude and all they managed was getting him enough margin to get a second term. Detroit is being talked about even in this back water. It is going to fail very hard and hit a worse economy in what is refered as a double whammy.
jsullivan154 Wrote: Mar 13, 2013 8:14 AM
Tim, Have you driven a Ford or GM lately??? I think Not, or you would know Power per Pound is way up.
Sales up.
Profits up.
Economy struggling but up.
Stocks both Autos and all other sectors up.
Business at historic highs for profitability and yes up.
Yes Me too am up?
Double Wammy? Not this time. Your Rambling don't Rattle me. Don't be a hater?
Colonialgirl Wrote: Mar 13, 2013 2:45 PM
More ignorant troll spew who displays his complete ignorance of anything that has four wheels.
The same applies to its thinking about the economy; Completely delusional and in need of help.

Maybe President Obama didn’t significantly lower the unemployment levels, or the sea levels, or even the national debt. . . But at least he saved Detroit. And, of course, by “Detroit” the administration means: one particular company in one particular industry. (FYI: Detroit is still on the verge of Bankruptcy.)

We all know the story: America was failing. Financial institutions where tumbling due to the greedy CEOs who actually concerned themselves with delivering a substantial return to their investors. But then came Barack Obama. After throwing his weight – and your money - behind an Auto Industry recovery plan (read: General Motors Bailout, and...

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