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      12-19-2008, 12:25 PM   #1
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Bush approves $17.4 Billion Autobailout

Wow.. just wow, I'm just astonished at how he can still make retarded ass calls.. fuck, I'm going to Canada
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      12-19-2008, 12:38 PM   #2
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hahaha, he managed to fuck up something else?
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      12-19-2008, 12:50 PM   #3
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Quote:
Originally Posted by Bimmer Loyalist View Post
hahaha, he managed to fuck up something else?
It appears that Democrats in the House voted overwhelmingly in favor of f@cking up something else: H.R. 7321: Auto Industry Financing and Restructuring Act - 204 Ayes (out of 237 total) vs 20 Nays (out of 170 total).

http://www.govtrack.us/congress/vote.xpd?vote=h2008-690
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      12-19-2008, 12:52 PM   #4
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Originally Posted by Icedog_16 View Post
It appears that Democrats in the House voted overwhelmingly in favor of f@cking up something else; 204 Ayes (out of 237 total) vs 20 Nays (out of 170 total).

http://www.govtrack.us/congress/vote.xpd?vote=h2008-690
hahaha he speaks the truth!
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      12-19-2008, 12:55 PM   #5
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we need the bailout people....else we will be very screwed


lets just hope the companies do the right thing.
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      12-19-2008, 12:57 PM   #6
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he just cant leave without more screw ups... as many as possible. hit the record
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      12-19-2008, 01:02 PM   #7
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Originally Posted by Crimson92 View Post
we need the bailout people....else we will be very screwed


lets just hope the companies do the right thing.
Why not let them crumble and await the rising of newer, better more eco friendly companies? Thats my question, what happened to the survival of the fittest.. if we bail them out, its just a temporary fix... they will fall again, and next time there won't be no Bush to save them from the fall.
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      12-19-2008, 01:20 PM   #8
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Quote:
Originally Posted by asdflkijd View Post
Why not let them crumble and await the rising of newer, better more eco friendly companies? Thats my question, what happened to the survival of the fittest.. if we bail them out, its just a temporary fix... they will fall again, and next time there won't be no Bush to save them from the fall.
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
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      12-19-2008, 01:22 PM   #9
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Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
+1 and you are not even counting the tons of other jobs that are provided by domestic manufacturers that supply parts to the Big 3 exclusively...
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      12-19-2008, 01:27 PM   #10
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mr President, you may step down now, there is nothing left for you to do...
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      12-19-2008, 01:47 PM   #11
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The money came out of the 700 billion Wall Street bailout. This is NOT new money, therefore I see no problem with it.
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      12-19-2008, 01:54 PM   #12
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Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
You do have a point, but I just hope that they won't fuck it up....
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      12-19-2008, 01:54 PM   #13
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Originally Posted by Prowess Symphony View Post
I hope there is strict guidelines with the money. Such as corporate restructuring and better cars and stuff like that. Free money to just be wasted and still producing the same old crap is not going to benefit anybody. What difference does it make if a million workers keep their jobs now, but lose them anyway in a few months?
+1
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      12-19-2008, 01:56 PM   #14
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Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
not but bankruptcy is the way out of their binding with the union. the factories, workers, etc will not vanish. but new companies with new mindsets should arise from the situation

what's the point of giving the same people more money? ur only extending the problem, ur not resolving it, and ur wasting our tax money on their loser CEO bonuses, and stupid broken-ass cars that no one wants anyway
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      12-19-2008, 02:03 PM   #15
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      12-19-2008, 02:20 PM   #16
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Quote:
Originally Posted by ///Mantis View Post
not but bankruptcy is the way out of their binding with the union. the factories, workers, etc will not vanish. but new companies with new mindsets should arise from the situation

what's the point of giving the same people more money? ur only extending the problem, ur not resolving it, and ur wasting our tax money on their loser CEO bonuses, and stupid broken-ass cars that no one wants anyway
If GM offered a product that was attractive to you( design, performance reliability, etc), but there were in Chap 11 would you still take the $30K lets say and invest it in that vehicle?

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Originally Posted by Tondtar View Post
.
Unfortunately, you fail as Ford doesn't get any of the loans as they don't need it. Only GM and Chrysler is getting them.


Oh and I am so happy our educational system was able to brainwash you all about how good the free market is.
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      12-19-2008, 02:22 PM   #17
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Quote:
Originally Posted by quagmire View Post
If GM offered a product that was attractive to you( design, performance reliability, etc), but there were in Chap 11 would you still take the $30K lets say and invest it in that vehicle?



Unfortunately, you fail as Ford doesn't get any of the loans as they don't need it. Only GM and Chrysler is getting them.


Oh and I am so happy our educational system was able to brainwash you all about how good the free market is.
too late for that discussion. dont blame it on me (the consumer) blame it on them, design, and management. what's the 17 billion gonna do now? nothing except help dealers sell more of the same shit, and help the over-paid workers produce the same shit. it's best if they go bankrupt asap with the minimum amount of losses. now bush added another 17 billion to the losses.

no he didnt fail.. ford sucks ass, and it's a funny picture
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      12-19-2008, 02:25 PM   #18
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Quote:
Originally Posted by ///Mantis View Post
too late for that discussion. dont blame it on me (the consumer) blame it on them, design, and management. what's the 17 billion gonna do now? nothing except help dealers sell more of the same shit, and help the over-paid workers produce the same shit. it's best if they go bankrupt asap with the minimum amount of losses. now bush added another 17 billion to the losses.

no he didnt fail.. ford sucks ass, and it's a funny picture
I am not blaming GM's mistakes on you, but a simple question. Would you buy a car from a bankrupt company?
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      12-19-2008, 02:42 PM   #19
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In order to receive the money, I think all three CEO's should have to step down.
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      12-19-2008, 02:49 PM   #20
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Quote:
Originally Posted by TMNT View Post
The money came out of the 700 billion Wall Street bailout. This is NOT new money, therefore I see no problem with it.
+1 the bailout from wallstreet will provide the escape they so desperately crave....

anyways, we bailed out wallstreet...makes sense to bailout these losers too...luckily it isn't new money.
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      12-19-2008, 03:24 PM   #21
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Plus, the loan says that if GM & Chrysler can not show viability by March 31st 2009 then they will have to repay the full amount of the loan within 30 days.
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      12-19-2008, 03:31 PM   #22
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Plus, the loan says that if GM & Chrysler can not show viability by March 31st 2009 then they will have to repay the full amount of the loan within 30 days.
RIGHT because money is laying around all over the place with them. They're expected to pay back 17 billion dollars which THEY NEEDED TO SURVIVE in 3 months if they don't show viability? If they had that money they wouldn't be needing it. Bush is sitting there going 'no no I can't go out peacefully...how can I fuck these people up more....HOW?'
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