Topic: 'Government Motors' ??? | |
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Edited by
adj4u
on
Fri 06/26/09 02:52 PM
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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/ |
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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/ |
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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 ------------------------------------------------- note the date 1979 bailout is nothing new i guess --------------------------------------------------- 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 |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME....
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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 |
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Edited by
adj4u
on
Fri 06/26/09 03:08 PM
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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. |
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My point was well taken...............Piss em off any way we can...........
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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 |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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 |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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 |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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 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) |
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LMAO.........At our expense...:angry....Purchase something other than GM/CHRYSLER.....Or save your money.....Piss off these politicians BIGTIME.... 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 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) Yes, the jobs and lives of our people should come first before political idealogy |
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but the jobs of those in th toyota honda and soon to be kia plant are american jobs
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