So GM is begging the US govt for a bailout...

Discussion in 'OT Driven' started by Blue Diamond, Nov 11, 2008.

  1. Blue Diamond

    Blue Diamond New Member

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    and their stocks has never been this low since 1950... what are the pros and cons of giving GM a bailout besides the economy not being able to handle job losses of a million people
     
  2. Hamburglar

    Hamburglar OT Supporter

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    black people won't have to worry about their bills anymore
     
  3. DI2009

    DI2009 New Member

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    Only if they kill the unions.
     
  4. Blue Diamond

    Blue Diamond New Member

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    sho nuff
     
  5. tibbar

    tibbar aww fennec foxah aww

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    Everyone deserves a bailout.
     
  6. tibbar

    tibbar aww fennec foxah aww

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    Shit, give me a bailout, I've got all these fucking student loans I'll have to start paying off in 2 years.
     
  7. warm

    warm Capitalism ftw

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    pros: GM feels a short-term benefit at the expense of the rest of the country

    cons: America accelerates its progression toward fascist/socialist policies of mixing government with business
     
  8. Slick26

    Slick26 Gun|Bike|Cigar|PS3|Beer |Whisky|Night Crew

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    They need to fail. I'm sorry.
     
  9. reminisce

    reminisce OT Supporter

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    tons of debt, burning through upwards of 70 million a day, inferior product, inability to adapt to changing business environment = FAILING BUSINESS
     
  10. IslanderOffRoad

    IslanderOffRoad Do you even lift kit? OT Supporter

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    pro

    corvette
    cts-v

    con

    everything else
     
  11. Blue Diamond

    Blue Diamond New Member

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    at least give them time so i could pick up a z06
     
  12. tibbar

    tibbar aww fennec foxah aww

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    Just have a going out of business sale.
     
  13. mdaniel

    mdaniel S is for Shiksa

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    Let them fail so Toyota can buy their assets for pennies on the dollar and salvage what they can.
     
  14. reminisce

    reminisce OT Supporter

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    for expanded discussion: http://forums.offtopic.com/showthread.php?t=3995721
     
  15. trixareforkids

    trixareforkids Taked baby. Meet at later bar, night or day someti

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    it'll happen sooner or later
     
  16. BBB

    BBB OT Supporter

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    hell yeah let them fail

    I want to buy a zr1 for 20k in 2 years :hsugh:
     
  17. Slick26

    Slick26 Gun|Bike|Cigar|PS3|Beer |Whisky|Night Crew

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    As much as I don't want them to fail, they deserve it. They need this lesson.
     
  18. mdaniel

    mdaniel S is for Shiksa

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    Can they break the unions in chapter 11?
     
  19. Dismay

    Dismay Elitist Prick OT Supporter

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    Not a big bailout fan, but for some reason I would rather loan to GM and Ford than banks and investment firms. :dunno:
     
  20. warm

    warm Capitalism ftw

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    Companies all over America need this lesson.
     
  21. Dismay

    Dismay Elitist Prick OT Supporter

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    What if US cars were designed by the government... :noes:
     
  22. Donkeylips

    Donkeylips OT Supporter

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    Yeah, 2-3M people deserve it, it's the workers' faults :ugh:

    Dumbass
     
  23. Slick26

    Slick26 Gun|Bike|Cigar|PS3|Beer |Whisky|Night Crew

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    And they are getting it.
     
  24. Slick26

    Slick26 Gun|Bike|Cigar|PS3|Beer |Whisky|Night Crew

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    wat
     
  25. bursty

    bursty New Member

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    This

    Diehard GM fan here. They have some awesome products and some pure shit products. That plus catering to the fucking worthless unions for decades has left them dying. BUT, they wont die. Neither GM or Ford will go under.
     

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