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Good thing GM paid all of that money back to taxpayers!

Posted on 3/18/14 at 11:59 am
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98838 posts
Posted on 3/18/14 at 11:59 am
I'd hate to thiink what kind of a loss the taxpayers would have taken because of this.

Oh, wait...we didn't get it all back (but, boy, those unions sure came out sweet).
Posted by theunknownknight
Baton Rouge
Member since Sep 2005
57326 posts
Posted on 3/18/14 at 12:01 pm to
Ann has a horse.

Gays.

Birth control.
Posted by Scrowe
Louisiana
Member since Mar 2010
2926 posts
Posted on 3/18/14 at 12:03 pm to
quote:

Ann has a horse.

Gays.

Birth control.


You forgot binders of women and vehicle elevator.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 3/18/14 at 12:08 pm to
Dog on roof of car
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 3/18/14 at 12:25 pm to
Do you think Obama would have done anything different with respect to the GM bailout if he was aware of this issue? No, his goal was to protect the UAW. He did not care what risks the government was going to take.

That being said, how could the head of GM's global product development organization not be aware of an issue that GM was aware of since 2001, and that GM had addresses with dealer service bulletins in 2005? It doesn't pass the smell test.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18662 posts
Posted on 3/18/14 at 12:35 pm to
Good thing the bankruptcy protects GM from any damages for instances prior to its filing.

Cleans the whole messy slate on this and other potential lawsuits...

Yet the D's are the ones out for the "little guys".

Posted by wilfont
Gulfport, MS on a Jet Ski
Member since Apr 2007
14860 posts
Posted on 3/18/14 at 12:39 pm to
There seems to be a large number of second hand Chevy Volts for sale. Perhaps the used car segment was Barry's priority.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18662 posts
Posted on 3/18/14 at 1:00 pm to
quote:

Perhaps the used car segment was Barry's priority


Maybe that is it, he is trying to rebuild it better after he destroyed it with cash for clunkers.

For a big gov't guy like him the answer to all failures is always more gov't so I could see it being his logic...

Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 3/18/14 at 1:03 pm to
quote:

Good thing the bankruptcy protects GM from any damages for instances prior to its filing.
Except that GM agreed to take responsibility for product liability claims. LINK
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 3/18/14 at 1:11 pm to
What is the net economic impact of the money spent?

If it was a net positive then it was a successful economic development investment. It's not just direct jobs , either. Think of all jobs with the suppliers and all the small businesses that provide goods and services to them.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89542 posts
Posted on 3/18/14 at 1:15 pm to
quote:

You forgot binders of women and vehicle elevator.


And Mitt killed people with cancer (I'm guessing, some sort of cancer "gun", but that was never clear.)

Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18662 posts
Posted on 3/18/14 at 1:18 pm to
quote:

Except that GM agreed to take responsibility for product liability claims. LINK



So they "promised"? Excuse me if I leave a lot of room for doubt...
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