Fed's to make your car payments

[spence]

Originally Posted by RIJIMMY

Spence, I really am amazed at your lack of any critical thnking unless it is directed at peoples posts. Are you able to look at all into the future? I heard yesterday that Obama and Cos plan is to eliminate some of GMs most profitable vehicles, what are they? BIG TRUCKS!! So now they'll force GM to make more cars people dont want, and how will they ensure that they are profitable? THEY WILL RAISE THE GAS TAX TO MAKE PEOPLE BUY SMALLER CARS!!!
Do you ever stop and think what this all means? Stop and read the constitution!

Yes Jimmy, I don't think critically at all

Perhaps you should try to evaluate an issue from more than your narrow perspective before letting the spittle fly onto your keyboard.

SUV's and trucks may have been profitable in the past but sales of new units have dropped dramatically in the past few years.

You work in fianance so I'm sure you can comprehend this, right?

Higher profit margins are relative to volume. It doesn't make any sense for a company to restructure based on a business model that has proven to be unbalanced.

The Government is putting pressure on GM to adopt a restructing plan based on GM's failure to meet obligations it agreed to by taking Billions in loans last year.

This notion that the Government is dictating what kind of car you're going to be able to drive is simply absurd. You can still buy that SUV you've always dreamed about. It may cost you more to operate, but perhaps it should as well. Large cars and trucks have benefited from artifically low gas prices for decades due to Government actions, and as we've seen the balance is simply not sustainable.

-spence

[RIJIMMY]

Originally Posted by spence

This notion that the Government is dictating what kind of car you're going to be able to drive is simply absurd. You can still buy that SUV you've always dreamed about. It may cost you more to operate, but perhaps it should as well. Large cars and trucks have benefited from artifically low gas prices for decades due to Government actions, and as we've seen the balance is simply not sustainable.

-spence

Yes, its absurd.
I guess I was having some wacky paranoid dream, thanks for waking me up. I dreamed that the government passed salary caps on major bank executives salaries, then I dreamed that congress proposed a 90% bonus tax, then its gets even MORE bizzare, I dreamed that the President of the United States guranteed warranties on Chrysler and GM cars and to top it all of he fires the president of GM. WHoa! That was wild. I can't even imagine in my wildest dreams Obama would further ensure GMs stability by manipulating gas prices or legistlation that would push people to buy GM. This is America after all.

[spence]

Originally Posted by RIJIMMY

I dreamed that the government passed salary caps on major bank executives salaries,

Only on banks taking TARP money.

then I dreamed that congress proposed a 90% bonus tax

The House can propose anything but this wasn't signed into law was it?

I dreamed that the President of the United States guranteed warranties on Chrysler and GM cars

A temporary program aimed to boost consumer confidence in an organization that the taxpayer has a large stake in.

and to top it all of he fires the president of GM.

Actually they asked him to step down because GM didn't meet the obligations they agreed to by taking taxpayer money, but...

I could of course bring up my dreams from the last 8 years, but Bush isn't in office any more so I'll pass...

-spence

[Cool Beans]

Originally Posted by spence

I could of course bring up my dreams from the last 8 years, but Bush isn't in office any more so I'll pass...

-spence

So at least that one dream came true huh? No more Bush....

I'll be having nightmares for at least the next 4 years........