Government Motors is showing recovery with a $500 million investment in New Mexico!

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Fingolfin269

Lifer
Feb 28, 2003
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Worked at the plant Rudder references in the OP for a year from 2008 - 2009. When it closed, I transferred with GM to Texas, and am headed to St. Louis in 3 weeks.

I work in Logistics and right now I'm forced to work overnight and handle all the issues out of Mexico because the cartels have taken over so many areas of Mexico, that martial law has been declared in many areas where our material travels through. Parts are constantly stolen, or trucks come up missing altogether. It is a logistical nightmare.

That being said, Ramos is a very successful plant so it makes sense to continue investing in it. I just hope that the casualties of the GM bankruptcy (the U.S. plants) will not be left in the dark. By the same token, if it doesn't make sense financially to retool and reopen them yet, then they should not rush that decision. We don't want to be walking down the same precarious path we emerged from 10 years down the road due to political pressure and not making sound financial decisions.

I just wonder what the point was in making the Spring Hill plant a supposedly ultra modern plant with what I've been told are very flexible lines if GM is only going to use 25% capacity. That plant actually shows exactly why GM failed. They retooled the plant to build a big freaking SUV, the Traverse, at a time when the demand for big freaking SUVs was waning. Two different topics I guess but frustrating to the local community nonetheless.
 

rudder

Lifer
Nov 9, 2000
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The best part was when he said Ford had survived without a bailout... the crowd started cheering, obviously against the government bailouts, and MSNBC cut away quickly and started talking about how friendly the crowd was.

Just think where Ford would be today if there were no government bailouts. They could have gotten a ton of new business from former GM and Chrysler customers.
 

Hacp

Lifer
Jun 8, 2005
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The Obama administration outsourcing US jobs? Color me surprised.

Of course I'm not surprised. Obama has been a proponent of outsourcing to India and China since forever. He even lived in southeast asia for gods sake. He identifies with them. He wants illegal Mexicans and South Americans invading us from the south and stealing the blue color American Jobs while H1Bs from India and China invade by air stealing White collar jobs.
 

Ktulu

Diamond Member
Dec 16, 2000
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Just think where Ford would be today if there were no government bailouts. They could have gotten a ton of new business from former GM and Chrysler customers.

The bailouts wouldn't have been needed at all if the banks would have just let GM and Chrysler take out more loans.
 

Ktulu

Diamond Member
Dec 16, 2000
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Why? Because they're using taxpayer money to send US jobs to other countries.

So what? they need to continue to maintain and expand their operations where ever they are in order to make money and pay us back. Do you want them to fail so we dont get anything back?
 

Hacp

Lifer
Jun 8, 2005
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So what? they need to continue to maintain and expand their operations where ever they are in order to make money and pay us back. Do you want them to fail so we dont get anything back?

Or we could have just not bailed them out and have been better off. Now the jobs are in Mexico. Great. All because Obama wanted to save UAW's outrageous pensions.
 

hal2kilo

Lifer
Feb 24, 2009
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oh wait.... that is Mexico.. the country.

http://www.americanthinker.com/blog/2010/08/gm_announces_major_investment.html

I live just a few miles from a GM plant that was closed just 2 years ago for a $400million retrofit in order to make it a more flexible plant. Now it employs about 1/4th of the workforce and just makes engines.

oh well. Good bye to tall the state tax money that was paid to let the GM employees be idle for 18 months while the plant was undergoing the upgrade.

Isn't this what your supposed to do if you believe in unfettered free market principles. Make up your f'n minds!

It's funny how America made it fortunes (at least for the wealthy first families who progeny is still around affecting policy to f us) when we had protectionist policies like tarrifs.
 

Ktulu

Diamond Member
Dec 16, 2000
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Or we could have just not bailed them out and have been better off. Now the jobs are in Mexico. Great. All because Obama wanted to save UAW's outrageous pensions.

And then we would have lost hundreds of thousands of additional jobs and screwed up the current shitty economy even more. Point is they have our money so they better do everything they possibly can to pay that $hit back.

And it looks like you missed the part where they've been creating jobs here in the US and investing in US plants.
 

Hacp

Lifer
Jun 8, 2005
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And then we would have lost hundreds of thousands of additional jobs and screwed up the current shitty economy even more. Point is they have our money so they better do everything they possibly can to pay that $hit back.

Other companies would have bought GM's assets and hired non-union workers to replace overpaid union baby boomers making 50 dollars an hour. We wouldn't have lost that many jobs. Plus, in bankruptcy, the pension would have been broken up. Right now GM's pension is what's killing it. A new company without a pension and unions weighing it down is what we need. That new company can hire in the US and be profitable. Now, since we rescued GM with its pension still in tact, it needs to move to mexico and transfer US jobs to Mexico to be profitable. Again, more US jobs lost because of Obama and the Unions.
 

Ktulu

Diamond Member
Dec 16, 2000
4,354
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Other companies would have bought GM's assets and hired non-union workers to replace overpaid union baby boomers making 50 dollars an hour. We wouldn't have lost that many jobs. Plus, in bankruptcy, the pension would have been broken up. Right now GM's pension is what's killing it. A new company without a pension and unions weighing it down is what we need. That new company can hire in the US and be profitable. Now, since we rescued GM with its pension still in tact, it needs to move to mexico and transfer US jobs to Mexico to be profitable. Again, more US jobs lost because of Obama and the Unions.

Other automakers were losing money and cutting production and jobs too. Just how the hell would these other companies going to buy GM assets while having to deal with downturned car market? Nice dream world.
 

Hacp

Lifer
Jun 8, 2005
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Other automakers were losing money and cutting production and jobs too. Just how the hell would these other companies going to buy GM assets while having to deal with downturned car market? Nice dream world.

Toyota posted a profit last quarter. Its the unions and pensions that are dragging GM down. Get rid of those and you can price your cars well and they will sell.
 

Ktulu

Diamond Member
Dec 16, 2000
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Toyota posted a profit last quarter. Its the unions and pensions that are dragging GM down. Get rid of those and you can price your cars well and they will sell.

Um GM posted a profit last quarter too, so what? We're not talking about now, we're talking about then. You know when the car market took a huge shit along side the economy.
 

Hacp

Lifer
Jun 8, 2005
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Um GM posted a profit last quarter too, so what? We're not talking about now, we're talking about then. You know when the car market took a huge shit along side the economy.

Posted a profit after borrowing billions from US taxpayers?:rolleyes:
 

Ktulu

Diamond Member
Dec 16, 2000
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Posted a profit after borrowing billions from US taxpayers?:rolleyes:

OMG so fucking what? The point is they're profitable again. Better profitability = better chances of us getting our money back.
 

Hacp

Lifer
Jun 8, 2005
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OMG so fucking what? The point is they're profitable again. Better profitability = better chances of us getting our money back.

Or we could have not spent that money and a profitable company would have emerged from GM's rubble. GM was a big mistake.
 

Ktulu

Diamond Member
Dec 16, 2000
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Or we could have not spent that money and a profitable company would have emerged from GM's rubble. GM was a big mistake.

Riiiight cuz GM has never been profitable at all EVER. :hmm:
 

Hacp

Lifer
Jun 8, 2005
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Riiiight cuz GM has never been profitable at all EVER. :hmm:

If they were so profitable, why did we need to bail them out? Couldn't they have just used their profits to cover themselves? :rolleyes:

500 million in taxpayers funds used to ship jobs to Mexico. That is the real issue here.
 

child of wonder

Diamond Member
Aug 31, 2006
8,307
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Or we could have not spent that money and a profitable company would have emerged from GM's rubble. GM was a big mistake.

This.

Apparently things work this way:

Company makes inferior products/runs their business poorly. American consumers respond by not purchasing company's products. Company begins to fail. Government uses tax payer dollars to bail out company.

One way or another we pay.

autobailout.jpg
 

Ktulu

Diamond Member
Dec 16, 2000
4,354
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If they were so profitable, why did we need to bail them out? Couldn't they have just used their profits to cover themselves? :rolleyes:

500 million in taxpayers funds used to ship jobs to Mexico. That is the real issue here.

Did i say they were profitable in that point in time? You already mentioned why GM was in trouble. Their bankruptcy took care of that. They also been investing heavily in the US, why is that so hard for you to understand?
 

hal2kilo

Lifer
Feb 24, 2009
23,569
10,442
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If they were so profitable, why did we need to bail them out? Couldn't they have just used their profits to cover themselves? :rolleyes:

500 million in taxpayers funds used to ship jobs to Mexico. That is the real issue here.

Just ignore that several "American" corporations have already gotten tax breaks and tax payer subsidies already to outsource manufacturing throughout the world for the last 30 years. Free markets, in a pigs eye. God I hate welfare.
 

Ktulu

Diamond Member
Dec 16, 2000
4,354
0
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This.

Apparently things work this way:

Company makes inferior products/runs their business poorly. American consumers respond by not purchasing company's products. Company begins to fail. Government uses tax payer dollars to bail out company.

One way or another we pay.

Is that why GM has been outselling almost all other companies here in the US even back then? Well maybe Toyota got ahead for a small period of time. The problem wasn't them not selling cars.
 

Moonbeam

Elite Member
Nov 24, 1999
72,546
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Oberman had a bunch of clips from gas bag Republicans claiming that GM would fail if helped out by the Government last night. The gov helped out and now GM is coming back. This must not be. Once the Republicans kiss of death is put on your forehead, you must die, even if you're the United States. It is essential that the lie of Republicanism be kept hidden regardless of what must die. Republicans are the party of death.
 

child of wonder

Diamond Member
Aug 31, 2006
8,307
175
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Is that why GM has been outselling almost all other companies here in the US even back then? Well maybe Toyota got ahead for a small period of time. The problem wasn't them not selling cars.

Outselling wasn't hard for them when their numbers included Chevrolet, Pontiac, GMC, Hummer, Cadillac, and Buick. I could fire 10,000 bullets at a target and have the most heat shots, but that doesn't make me the best shooter on the range.

Their cars are cheap looking and average. Their business model has been bloated and inefficient. The free market spoke but the government didn't listen.
 
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