Sorry, but GM BEGGED for the bailout, which amounted to sale to the Federal goverment.

David F Mayer — 3/31/2009 11:49:24 AM (archived)

GM has been run by politicians for decades, which is how it got where it is today. Internal politics took to place of proper management and brought the company down. Now GM wants to continue with the same BS on OUR money. Phooey. It needs a change, and just about any change would be an improvement.

The whole thread (30 posts)

Obama forces GM CEO out of job - TB - 3/30/2009 3:25:46 AM
- He signs the paychecks, doesn't he? - ER - 3/30/2009 11:23:54 PM
  - After GWB, Conservatives do NOT want judgement based on performance. - Bowser - 3/30/2009 11:52:19 PM
    - "Conservatives"? There you go again. (n/t) - Ronald Reagan - 3/31/2009 1:26:36 AM
      - Nothing to be proud of, is it? (n/t) - Bowser - 3/31/2009 2:08:47 AM
- Often happens after poor performance. Look at last elections. (n/t) - Bowser - 3/30/2009 4:55:41 PM
  - The CEO can take advantage of a Federal job retraining program. - ER - 3/30/2009 11:32:42 PM
- Details of the Obama plan - TB - 3/30/2009 4:54:35 PM
  - And more: - TB - 3/30/2009 7:07:54 PM
    - Still more: - TB - 3/30/2009 7:14:07 PM
- Damn Good Idea. The USA should get rid of the incompetents who caused the problem - David F Mayer - 3/30/2009 3:05:29 PM
  - Wake up. - TB - 3/30/2009 3:11:05 PM
    - Sorry, but GM BEGGED for the bailout, which amounted to sale to the Federal goverment. - David F Mayer - 3/31/2009 11:49:24 AM
    - It was never run by engineers. - ER - 3/30/2009 11:12:40 PM
    - Isn't it interesting - McFly - 3/30/2009 11:10:23 PM
      - And "trust us". That's right, just trust us. Trust us some more. There you go. Trust. - Bowser - 3/30/2009 11:55:31 PM
- A bit after the Northridge quake in... - alcaray - 3/30/2009 4:14:16 AM
  - You don't see any fundamental difference? (n/t) - TB - 3/30/2009 1:30:16 PM
    - And the difference should be no strings attached when it's a government bailout? (n/t) - Buck Galaxy - 3/30/2009 3:23:35 PM
      - re: And the difference - TB - 3/30/2009 3:29:30 PM
        
        Why? - Tony - 3/30/2009 6:10:15 PM
        
        Yeah, it's not like the US auto industry is such a big moneymaker. (n/t) - ER - 3/30/2009 11:26:16 PM
        
        What are they going to do with the power? Hang on to it. - TB - 3/30/2009 7:38:34 PM
        
        The terrible thing, thought Tony, the terrible thing was that when TB posted this he would believe it (n/t) - Tony - 3/31/2009 11:49:30 PM
        
        So you say. (n/t) - alcaray - 3/30/2009 3:49:47 PM
  - The Golden Rule. - Bowser - 3/30/2009 4:57:49 AM
    - Exactly. And if it is taxpayer money, should we not get something in return? (n/t) - alcaray - 3/30/2009 8:37:03 AM
      - Like a back-breaking debt burden for the grandkids? (n/t) - The Silent Majority - 3/31/2009 1:35:42 AM
        
        No, like continuing employment, and a way out of this recession. (n/t) - alcaray - 4/1/2009 12:20:35 AM
      - It's called "downsizing". What a concept. (n/t) - ER - 3/30/2009 9:34:05 AM

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