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Thread: Gooberment Motors...death of GM

  1. #21
    Senior Member Franco's Avatar
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    Quote Originally Posted by badbullgator View Post

    Somebody tell me again why WE gave them Billions a few months ago? Was that not to prevent bankrupcy
    We gave it to the UAW to keep them working. That's where the $ will end up. Afterall, they voted for Oboma in lock-step.
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

  2. #22
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    Quote Originally Posted by Mr Booty View Post
    they voted for Oboma in lock-step.

    Don't you mean "GOOSE STEP" ?

  3. #23
    Senior Member Franco's Avatar
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    I dunno, do they live in Iowa?
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

  4. #24
    Senior Member Ken Bora's Avatar
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    So um, I have a Chevrolet truck and it is financed through gmac. It seems now I also own Chevrolet and gmac. Wouldn’t it be prudent to avoid the middle man and mail my truck payment to myself?
    "So what is big is not always the Trout nor the Deer but the chance, the being there. And what is full is not necessarily the creel nor the freezer, but the memory." ~ Aldo Leopold

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  5. #25
    Senior Member Franco's Avatar
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    Quote Originally Posted by Ken Bora View Post
    So um, I have a Chevrolet truck and it is financed through gmac. It seems now I also own Chevrolet and gmac. Wouldn’t it be prudent to avoid the middle man and mail my truck payment to myself?
    You are forgetting about the payment of the interest, let alone any principle that you Mr Taxpayer - GM owner is on the line for. Can we get away with defaulting on money owed to foreign entities? The money we are either borrowing or printing to finance the madness that is Washington DC.
    Last edited by Franco; 05-28-2009 at 08:14 PM.
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

  6. #26
    Member txbadger's Avatar
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    The real problem with this gubernut involvement in a private industry is the rule of law has been broken. The fixed income folks, the debtors, bond holder, preferred stock holder get pennies on the dollar while the UAW get a huge % of what's left. So in the future if you want to buy a corporate bond what assurance do you have you'll be in the front of the line just behind the bankers??? Right ... zero, and that the real problem with the car czar stealing.

  7. #27
    Senior Member Goose's Avatar
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    One of my all time favorite commercials in the 70's was the "Baseball, hot dogs, apple pie and Chevrolet" ad. I can still remember the jingle.

    With next Monday's filing they'll be gone and I can only imagine some of the new models...the biden, the hillary, the dear leader and the algore to name a few. All putt-putts that will never survive highway driving against 18-wheelers.

    We live in Cuba now.

  8. #28
    Senior Member Franco's Avatar
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    Quote Originally Posted by Goose View Post

    "Baseball, hot dogs, apple pie and Chevrolet"

    We live in Cuba now.
    The new ad campaign for Goob Motors is,

    "Soccer, tacos, fried bananas and Chebby"

    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

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