So, you thought GM was done bleeding us dry?

[AZhitman]

http://content.usatoday.com/communities ... sp=usat.me

What a freakin' joke.

I don't like Ford's vehicles, but I hope they sell a metric crap-ton of them and put GM / Chrysler out of their misery.

[IBCoupe]

Psst... Greg, it was already paid for.

The money will come from the more than $1 billion the Treasury Department set aside to pay for disposal of Old GM assets.

[heliochrome85]

How is that vette of yours Greg?

[dusred]

I don't like Ford's vehicles, but I hope they sell a metric crap-ton of them and put GM / Chrysler out of their misery.

Come to the dark side - we have cookies.

But seriously, it is a damn joke. How about GM wipe their own asses?

[AZhitman]

Psst... Greg, it was already paid for.

The money will come from the more than $1 billion the Treasury Department set aside to pay for disposal of Old GM assets.

Thanks, Captain Obvious. I didn't miss that, it's irrelevant.

The money being already earmarked doesn't make it right.

Where's my billion dollars for sucking at a business venture?

[AZhitman]

How is that vette of yours Greg?

I see what you tried (in vain) to do there.

My car was bought used, from a private party. As such, I'm not contributing to GM in any way, shape or form. Nice try, though.

[mattblancarte]

The money being already earmarked doesn't make it right.

Where's my billion dollars for sucking at a business venture?

I don't believe GM will be receiving any capital in this scenario. Looks like the funds will be distributed to State governments that harbored GM production facilities. GM won't be involved in cleanup, aside from consultancy I assume. Motors Liquidation Co. will have more to do with it.

Totally lame that GM just left $3/4 billion of waste for taxpayers to clean up, though. Largest cleanup fund in history? Fail fail fail.

[AZhitman]

I don't believe GM will be receiving any capital in this scenario. Looks like the funds will be distributed to State governments that harbored GM production facilities.

No, but removal of a financial responsibility / liability is the same. Would I rather have $1200 a month handed to me for the next 22 years, or someone pay off my mortgage? Same deal.

Totally lame that GM just left $3/4 billion of waste for taxpayers to clean up, though. Largest cleanup fund in history? Fail fail fail.

Exactly.

And we're supposed to be impressed that they're trumpeting about their profits?

Not this guy. F*** them - and Chrysler.

[IBCoupe]

Did you debadge your Corvette, Greg? Replace the body panels? You're contributing to GM every time you take that car cover off.

And it's not irrelevant. As far as anyone can tell, GM is done bleeding us dry. This is money we already bled. You're misrepresenting facts. This was accounted for and publicized at the time that we bailed out GM, and if you really want a government bailout for sucking as a business, you're going to have to make yourself far more relevant to the American economy. Employ more people.

[mattblancarte]

Chapter 11 is a b****.

[heliochrome85]

i had a witty response for you. but then i saw this:
[youtube]http://www.youtube.com/watch?v=tGikh09d ... ded#at=103[/youtube]

now im left with just an erectlon...

[AZhitman]

Did you debadge your Corvette, Greg? Replace the body panels? You're contributing to GM every time you take that car cover off.

Wrong. They've not seen a red cent of mine.

Perhaps you've taken the tack that since I drive it, others who wish to emulate me will also want to drive one.

In that case, I think my 8:1 ratio of Nissan:GM speaks much more loudly.

[AZhitman]

And it's not irrelevant. As far as anyone can tell, GM is done bleeding us dry. This is money we already bled. You're misrepresenting facts. This was accounted for and publicized at the time that we bailed out GM

Nope. In fact, if the costs of GM’s cleanup efforts top $1.1 billion, the rest will come from taxpayers.

A comparative analysis in Mansfield OH indicates that the estimates will be FAR below the actual cost of cleanup, based on the expense of environmental cleanups of smaller, newer sites.

Do a little reading on GE's cleanup of PCB's in the Hudson. These things ain't cheap.

Your President is misrepresenting facts. And you're just naive enough to buy it.

[IBCoupe]

Did you debadge your Corvette, Greg? Replace the body panels? You're contributing to GM every time you take that car cover off.

Wrong. They've not seen a red cent of mine.

Perhaps you've taken the tack that since I drive it, others who wish to emulate me will also want to drive one.

In that case, I think my 8:1 ratio of Nissan:GM speaks much more loudly.

That people see your Nissans doesn't preclude them from seeing and envying your Corvette.

Honestly, I bet there are more people jealous of the Chevy than the Cube.

[IBCoupe]

Nope. In fact, if the costs of GM’s cleanup efforts top $1.1 billion, the rest will come from taxpayers.

And when we get there, then this thread will be warranted. 'Til then, Chicken Little, shut yer beak!

[heliochrome85]

Honestly, I bet there are more people jealous of the Chevy than the Cube.

unless you are in SOCAL...

TURBOZZZZZZ

[AZhitman]

Nope. In fact, if the costs of GM’s cleanup efforts top $1.1 billion, the rest will come from taxpayers.

And when we get there, then this thread will be warranted. 'Til then, Chicken Little, shut yer beak!

Just because parts of the sky have already fallen doesn't mean I have to accept it (or cease being pissed about it).

If GM is doing so well, perhaps they should pick up the tab for their past sins. Until then, I have no respect for them as a company.

[heliochrome85]

i dont blame you greg. they have alot of fat to cut. and no, they havent cleared the weeds just yet, but its tough to not be in awe of their turn around. their latest products are pretty damn amazing.

[IBCoupe]

Certainly, Greg, you can object to the original bailout, but the premise of this thread looks to be that we're entering "new bailout" country, which just isn't the case. Maybe it will be in the future, but it isn't now.

[AZhitman]

i dont blame you greg. they have alot of fat to cut. and no, they havent cleared the weeds just yet, but its tough to not be in awe of their turn around. their latest products are pretty damn amazing.

Eh.

Their "halo" products might be (such as the CTS, Vette, and a few others).

Their pedestrian offerings are the same disposable chaff we've come to expect - including the Camaro.

[AZhitman]

Certainly, Greg, you can object to the original bailout, but the premise of this thread looks to be that we're entering "new bailout" country, which just isn't the case. Maybe it will be in the future, but it isn't now.

Agreed, and you're technically right.

My point was that they shouldn't be enjoying a bit of their fruits until they redeem themselves in the eyes of their target market: Middle America.

[heliochrome85]

http://www.thetruthaboutcars.com/2010/1 ... t-opposer/


i dont usally link to TTAC, because they are the tea-party of the automotive world,but lo and behold, there is a reasonbly topical article today.



as for the camaro, i haventt seen that level of excitement about a GM product in years. you have to admit it has energized the segment not to mention the die hard f-body fans.

[heliochrome85]

oh and lets get serious, the Vette is fairly disposable. its interior is not as good as the 2003 G35, which we all know was complete crap

[mattblancarte]

i dont blame you greg. they have alot of fat to cut. and no, they havent cleared the weeds just yet, but its tough to not be in awe of their turn around. their latest products are pretty damn amazing.

QFT. The fully-equipped CTS is hands-down my favorite luxury sedan for daily driving. Super reliable, super comfy, sexy as hell.

I'm not sure if they have plans to or not, but I would like to see GM participate in the funding.

[AZhitman]

http://www.thetruthaboutcars.com/2010/1 ... t-opposer/


i dont usally link to TTAC, because they are the tea-party of the automotive world,but lo and behold, there is a reasonbly topical article today.

Topical with a side order of suck.

I agree 100% with this guy:

Your whole tone, “only a latte per person” and “less than 2 c-notes each” was offensive. It is my money and I resent it being wasted on the single worst managed company ever and to a union that feels entitled to everything while giving nothing in return.

BTW, the Camaro is bloated and passe already, and is shedding its resale value like a prom dress.

The C5 interior is admittedly cheesy, but better looking than the C6 interior (which is incredibly well-put-together, but boring).

[AZhitman]

QFT. The fully-equipped CTS is hands-down my favorite luxury sedan for daily driving. Super reliable, super comfy, sexy as hell.

Yep. My folks own one, and I'd love to have a CTS-V wagon or coupe.

[heliochrome85]

i dont blame you greg. they have alot of fat to cut. and no, they havent cleared the weeds just yet, but its tough to not be in awe of their turn around. their latest products are pretty damn amazing.

QFT. The fully-equipped CTS is hands-down my favorite luxury sedan for daily driving. Super reliable, super comfy, sexy as hell.

I'm not sure if they have plans to or not, but I would like to see GM participate in the funding.

the fully loaded one negates the need for the STS. that being said, given my 50k, id be shopping for an infiniti. just sayin'

[IBCoupe]

I looked at the CTS-V Coupe as being what I'd buy after law school... but that's one ugly butt.

[AppleBonker]

I'm going to make this my really dumb post for the day...

as for the camaro, i haventt seen that level of excitement about a GM product in years

I absolutely love the 'synergy green' color. I really want to see it on an S30. Maybe that's just me.

And for the even dumber comment, what happens to those funds that are earmarked if they aren't used? Are they just folded back into the budget and therefor reduce the deficit slightly? Like I said, this is my retarded comment for the day. I hope it's the only one...

Edit: I should clarify that I understand how budgets generally work, but is there something that I may be unaware of in this bailout? Like, could those funds be used somewhere else?

[heliochrome85]

I looked at the CTS-V Coupe as being what I'd buy after law school... but that's one ugly butt.

you drive an AC. you'd know about ugly butts.