since the government says the tax payers own GM now

Discussion in 'OT Driven' started by guest, Jun 2, 2009.

  1. guest

    guest 

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    do we get dividends? :ugh:
     
  2. gimpshiznit

    gimpshiznit OT Supporter

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    nope, but you get herpes
     
  3. bugginout

    bugginout New Member

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    if the new GM leadership agrees to pay out dividends, i think the government would get paid out on them but i'm not sure. i think that the gov is going to swap the money GM owes them for stock in the new company but i could be wrong on this so double check it.
     
  4. macbook bro

    macbook bro Guest

    no, we don't get shit
     
  5. JayC71

    JayC71 Guest

    We get to keep giving them money.
     
  6. guest

    guest 

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    you can have my worthless shares then
     
  7. guest

    guest 

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    the gov't can force me to own GM but they can't force me to buy a GM
     
  8. macbook bro

    macbook bro Guest

    sure they can, and you can bet your ass they are going to try
     
  9. Vermincelli

    Vermincelli Banned

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    GET OFF MY LAWN!
    Taxpayers don't own shit and any politician or media person who says that is just straight up lying.

    Federal government owns GM. They used taxpayer money to gain controlling interest in the companies and that money is lost. We don't see any of that back. PLUS in agreements with GM and Chrysler, the government is going to give them MORE of taxpayers money.

    We have NO say in how the company is run, we don't get any benefits or discounts, we don't get any stock returns. We get a nice dick in the ass though.
     
  10. jazzmine

    jazzmine Let the rivers fill, let the hills rejoice

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    No, we just give them more money to waste...so they can fail again..so we can give them more money...so they can fail again..so we can give them more money....hope/change
     
  11. Shampoo

    Shampoo Rinse & Repost

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    We give THEM dividends.
     
  12. guest

    guest 

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    i hope americans won't buy a new GM out of spite
     
  13. Bzevey

    Bzevey New Member

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    Its Government Motors now!
     
  14. water_rat_iii

    water_rat_iii New Member

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    I think the profits (lol) go to the treasury and our taxes will be raised at a slower pace - so technically we win
     
  15. water_rat_iii

    water_rat_iii New Member

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    I was thinking somethng similar - fuck them.

    I hope the plan is to eventually sell off the government's stake to private shareholders though.
     
  16. V!

    V! New Member

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    Do we get access to Apache Helicopers and the White House?

    I mean, we own all of that too....
     
  17. uofapeter

    uofapeter New Member

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    huge government incentives to buy GM incoming
     
  18. V!

    V! New Member

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    :bowrofl:

    Good luck getting everyone on board for that.....Look at how hard the government is stopping the banks from repaying TARP.
     
  19. Creed Bratton

    Creed Bratton OT Supporter

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  20. Mopar03

    Mopar03 73-9 OT Supporter

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    no but you can put it on your resume :eek5:
     
  21. spencedawg82

    spencedawg82 New Member

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    I will never purchase another GM product!
     
  22. Bzevey

    Bzevey New Member

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    The government buying corporations is just the first few steps into communism and socialism
     
  23. gimpshiznit

    gimpshiznit OT Supporter

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    haha yea?
    the government limiting systemic risk with plans to exit in the future is a step toward communism? :rofl:

    protecting capitalism = communism?!
     
  24. Ocho Holto

    Ocho Holto Guest

    So creative
     
  25. water_rat_iii

    water_rat_iii New Member

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    Yeah - I'm not holding my breath, but it's the best case scenario.

    If a Republican can win before the total collapse of our financial and manufacturing sectors they'd definately sell off the gov stake.
     

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