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Comments

1. #101
   On May 19th, 2009 at 10:21 pm, Papa Louie said:

   Hey, remember that bullcrap…

   You mean bullcrap like the promises, below, that were made by both sides to get the bailout passed?

   “If this is managed correctly, and that is an important ‘if,’ we will hopefully get most of our money back, and possibly even turn a profit on the government’s investment — every penny of which will go directly back to the American people.”
   –Barack Obama on Oct 1,2008

   “We’ll get most of it back, as we sell the assets. It [the bailout] isn’t going to cost anything, compared with doing nothing.”
   –Sen. Judd Gregg (R-N.H.)

   “[the bill’s provisions] make sure the money goes to pay down the debt.”
   – Sen. John Cornyn (R-Texas)

   Ya think these politicians feel any shame for lying to the American people? Ya think they even remember making these promises?

   Oh, that’s right, they have an out. If anyone ever brings up these statements, they’ll simply claim they were misled by the CIA or the Bush Administration. They’ll be absolutely certain that they were told in briefings that “forgiveness of debt” for companies receiving the bailout would absolutely never, ever be used. Never mind that Obama is in a position to do what he wants. It will still be Bush’s fault he can’t keep his promise.

2. #102
   On May 19th, 2009 at 10:21 pm, swede said:

   On May 19th, 2009 at 9:47 pm, Joy said:

   I bought a ’93 Camry in ’96 with 80K miles. I put over 300K miles on it without a single breakdown. Gave it to my son 3 years ago and he’s still driving it.

   I suspect the person who posted here about superior quality of American cars never owned a Toyota. The US auto industry should either compete with a superior product, reasonably priced or fail. UAW has and will destroy their own livlyhood.

3. #103
   On May 19th, 2009 at 10:28 pm, Papa Louie said:

   “If this is managed correctly, and that is an important ‘if,’ we will hopefully get most of our money back, and possibly even turn a profit on the government’s investment — every penny of which will go directly back to the American people.”
   –Barack Obama on Oct 1,2008

   I just noticed the condition Obama gave for us to get “our money back.” He said, “If this is managed correctly…” Well who is doing the managing of the auto bailout?

   So, if we don’t get “every penny”, it means Obama and his pals didn’t manage the bailout process correctly. It sounds like the makings of a great, but very expensive Republican campaign ad in 2012.

4. #104
   On May 19th, 2009 at 10:30 pm, GladzKravtz said:

   Buy Deutsche…

   79′ Super Beetle (ok, made in Mexico)
   01 Audi

   Bought the Audi after driving an 84 Fiero for all those years. Wish I still had it…I’ll always have a soft spot for Pontiac….goodbye chief…

5. #105
   On May 19th, 2009 at 10:54 pm, sassy745 said:

   When and if I buy a newer car it definited will not be American Made. Let’s see if unions can fix that. What a mess 0 has made/is making of this coiuntry.

6. #106
   On May 19th, 2009 at 11:10 pm, crashemt said:

   Quick, somebody remind me again how this is George Bush’s fault.

   That 4th of July Tea Party sounds like it will have plenty of fuel to warm up the tar. Who’s bringing the feathers?

   I don’t know about all of you, but I am seriously considering violating HOA rules and standing up a Liberty Pole in front of my house

7. #107
   On May 19th, 2009 at 11:19 pm, WaterBoyz said:

   It seems that every politician involved in the auto deals will never have to live with the consequences. They each get lifetime salary and medical benefits while we taxpayers have to pay the full bill.

   So what is their incentive to do it “right”? ? ?

   It will take generations to undo what the POTUS has done / will do in less than 200 days.

   We are screwed.

8. #108
   On May 20th, 2009 at 6:12 am, et said:

   A few questions for those of you more knowledgeable than me.

   What are the tax implications for state and local governments? Is the new GM required to pay the same taxes the old GM was required to pay? Or is the federal government exempt?

9. #109
   On May 20th, 2009 at 8:30 am, tampadave said:

   My current Cadillac will be my last. I am not supporting socialist unions. Period. My next car will likely be a BMW built in a “right to work” state down South.

10. #110
    On May 20th, 2009 at 9:07 am, xler8bmw said:

    OMG, can we ever wake up and not get news this tool in office has once again screwed the tax payer and stop nationalizing our industries?!

    Only 4mths what the hell is he going to do to us in the rest of his time in office?!

11. #111
    On May 20th, 2009 at 9:10 am, xler8bmw said:

    On May 20th, 2009 at 8:30 am, tampadave said:
    My current Cadillac will be my last. I am not supporting socialist unions. Period. My next car will likely be a BMW built in a “right to work” state down South.

    Actually they only build the Z4 and X5 in SC now. I believe the X3 and 5 series will start production next year. The 3/7 series still built in Germany.

    I have had 3 and they by far surpass any american or jap car!

12. #112
    On May 20th, 2009 at 9:11 am, xler8bmw said:

    I forgot GM builds the transmissions for BMW

13. #113
    On May 20th, 2009 at 9:53 am, no2pcbs1 said:

    the government running gm is sure to be a losing proposition. as inept as the government is the quailty of gm cars won’t be any better than they are now, maybe even worse.

14. #114
    On May 20th, 2009 at 5:51 pm, Bogtrotter said:

    I own a very used ’96 Ford T-Bird. Like I was telling my neighbor over the yard fence this morning. Until Every single dime of bailout money is repaid and until the govt is completely out of any direct or indirect involvement with those auto companies I will not buy so much as a spark plug, let alone a new or used car, from GM or Chrysler. Doing that is not difficult at all.