Topic: 'Government Motors' ???
adj4u's photo
Fri 06/26/09 02:51 PM
Edited by adj4u on Fri 06/26/09 02:52 PM
By Paul A. Eisenstein
msnbc.com contributor
updated 7:06 a.m. ET, Fri., June 26, 2009

Barring an unexpected setback, a "new" General Motors will emerge soon from bankruptcy after eliminating most of its debt, hundreds of dealers and a fair share of its work force — saved by up to $50 billion in federal bailout funds...........

http://www.msnbc.msn.com/id/31546668/ns/business-autos/

adj4u's photo
Fri 06/26/09 02:54 PM
The Obama Administration announced Tuesday three auto makers will receive loans to develop clean-energy vehicle technology.

Ford Motor Company (F: 5.63, -0.05, -0.88%), Nissan Motors (NSANY: 12.44, 0.15, 1.22%) and Tesla Motors will receive $5.9 billion, $1.6 billion and $465 million, respectively in loans allocated by the Department of Energy’s Advanced Technology Vehicles Manufacturing program.

http://www.foxbusiness.com/story/markets/industries/transportation/ford-nissan-tesla-receive--bil-loans-doe/

adj4u's photo
Fri 06/26/09 03:02 PM


Chrysler's Crisis Bailout
Monday, Aug. 20, 1979

Chrysler Corp., Treasury Secretary G. William Miller produced—and Jimmy Carter approved —a Government bailout. It was designed to prevent the nation's No. 3 automaker (1978 sales: $13.6 billion) from sliding into a bankruptcy that could have put many thousands out of work and sent a shudder through U.S.

http://www.time.com/time/magazine/article/0,9171,947356,00.html

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note the date 1979 bailout is nothing new i guess

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Chrysler: "A $7 billion secured working capital bridge loan by December 31, 2008."

Ford: "A 'stand-by' line of credit, in the amount of up to $9 billion. This line of credit would be a back-stop to be used only if conditions worsen further."

http://www.time.com/time/business/article/0,8599,1863637,00.html

no photo
Fri 06/26/09 03:03 PM
LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:

adj4u's photo
Fri 06/26/09 03:06 PM
well now that ford has taken money as well i guess washington is in to the big three american

and nissan as well (why is the u s giving (lending) money to nissan?)

not sure who tesla motors is -- i would imagine they are in electric car technology field -- will need to check it out i guess


adj4u's photo
Fri 06/26/09 03:07 PM
Edited by adj4u on Fri 06/26/09 03:08 PM

LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:


so you missed where ford just got money as well did ya

and nissan

that leaves honda toyota and kia

interesting

very interesting

from second post vvvv



Ford Motor Company (F: 5.63, -0.05, -0.88%), Nissan Motors (NSANY: 12.44, 0.15, 1.22%) and Tesla Motors will receive $5.9 billion, $1.6 billion and $465 million, respectively in loans allocated by the Department of Energy’s Advanced Technology Vehicles Manufacturing program.


no photo
Fri 06/26/09 03:11 PM
My point was well taken...............Piss em off any way we can...........:angry:

MirrorMirror's photo
Fri 06/26/09 03:12 PM

LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:

adj4u's photo
Fri 06/26/09 03:18 PM


LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:


toyota truck plant is in san antonio

honda i think is in tenn.

kia is planning a plant in la i think

where are the plant for ford g m and chrysler

canada and mexico they are closing more american plants

and improt parts from everywhere

there is no true american made car anymore (unless you make it yourself

so but american is a false statement and almost impossible to do

damnitscloudy's photo
Fri 06/26/09 03:19 PM



LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:


toyota truck plant is in san antonio

honda i think is in tenn.

kia is planning a plant in la i think

where are the plant for ford g m and chrysler

canada and mexico they are closing more american plants

and improt parts from everywhere

there is no true american made car anymore (unless you make it yourself

so but american is a false statement and almost impossible to do


Theres also a Toyota plant here in Kentucky drinker

MirrorMirror's photo
Fri 06/26/09 03:20 PM



LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:


toyota truck plant is in san antonio

honda i think is in tenn.

kia is planning a plant in la i think

where are the plant for ford g m and chrysler

canada and mexico they are closing more american plants

and improt parts from everywhere

there is no true american made car anymore (unless you make it yourself

so but american is a false statement and almost impossible to do
:smile: the American jobs are real and they are here.:smile: I think the lives of our people should come before politics:smile:

adj4u's photo
Fri 06/26/09 03:42 PM




LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:


toyota truck plant is in san antonio

honda i think is in tenn.

kia is planning a plant in la i think

where are the plant for ford g m and chrysler

canada and mexico they are closing more american plants

and improt parts from everywhere

there is no true american made car anymore (unless you make it yourself

so but american is a false statement and almost impossible to do
:smile: the American jobs are real and they are here.:smile: I think the lives of our people should come before politics:smile:


your point is

if they have plants here they have americans jobs here

plz xplain ou post

i for one will never buy a new gm product but it has nothing to do with politics (it has to do with their failing to put the standard colors i wanted on a new 95 imapala i was going to buy dark adriatic blue with black cherry leather interior)



MirrorMirror's photo
Fri 06/26/09 03:44 PM





LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....pitchfork :angry:
:smile: What about the American peoples jobs and families?:smile:


toyota truck plant is in san antonio

honda i think is in tenn.

kia is planning a plant in la i think

where are the plant for ford g m and chrysler

canada and mexico they are closing more american plants

and improt parts from everywhere

there is no true american made car anymore (unless you make it yourself

so but american is a false statement and almost impossible to do
:smile: the American jobs are real and they are here.:smile: I think the lives of our people should come before politics:smile:


your point is

if they have plants here they have americans jobs here

plz xplain ou post

i for one will never buy a new gm product but it has nothing to do with politics (it has to do with their failing to put the standard colors i wanted on a new 95 imapala i was going to buy dark adriatic blue with black cherry leather interior)






:smile: Yes, the jobs and lives of our people should come first before political idealogy:smile:

adj4u's photo
Fri 06/26/09 03:48 PM
but the jobs of those in th toyota honda and soon to be kia plant are american jobs


adj4u's photo
Tue 07/28/09 08:22 AM
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