dmcowen674
No Lifer
Originally posted by: Stunt
Wasnt the last time GM had a loss when..."GM, which last month reported its biggest quarterly loss since it narrowly skirted bankruptcy 13 years ago"Originally posted by: dmcowen674
Originally posted by: rahvin
I cannot believe there are jackasses on this board praying for the death of GM and ford. Combined the US automakers employ around 3-5% of the workforce. If GM and Ford went out of business the rule of 1 job for every 3 would jump unemployment by 10%, on top of that the Government is required to pick up the pensions of bankrupt companies and you as a tax payer would then be responsible for paying for their pensions. There is a reason the government bailed chrysler out with a loan in the 80's and it's simple, if we lose the big three and all the jobs they bring to this country (and not just assembly jobs, design, engineering, parts, transport, every aspect of our economy) the effect on our economy would be disasterous and I don't know if we could even recover from it.
So the next time you pray for the death of the american auto industry you better be hoping you have a job outside this country because it would cause a major economic crisis in the US and our crisis would echo around the world within days. You have to be one incredibly short sided prick or a completely uneducated fool to pray for the death of a major manufacturing arm in the US.
Awwwww come on you have be proud that the Republican Regime has destroyed the American Auto Industry.
Here's you well deserved![]()
13 years ago would put it squarely in Clinton's term.
So this is the worst it has been since a democrat...
can't blame republicans on this one dave...just GM...just GM.
I don't recall the circumstances of GM's problem 13 yrs ago.
I would be hard pressed to believe the climate is the same though as you would suggest.
He's your chance, enlighten me and show me how I should be loving GM and hoping they don't shrivel away and die.