Saturday, October 4, 2014

GM - Government Motors at work


GM - General Motors – Government Motors at work

GM

71. GM has had 71 recalls affecting over 30 million vehicles in North America … heard on a network news report on 10/3/14
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Quality is Job 1. What said that? Were they just joking?

GM

Stories the Big Dem Media is failing to report

• Dealerships closed
• Jobs lost at those dealerships
• Pensions terminated
• Jobs lost at their suppliers
• GM Investor funds stolen

150 times. GM bailout by Obama receives high praise at DNC  convention … Missing completely from their praise of Obama’s 2009 auto bailouts, though, was any reference to the 20,000 non-union Delphi salaried retirees whose pensions were terminated in the deal. Let Freedom Ring Executive Director Alex Cortes told The Daily Caller that the omission is startling — and a sign that the bailout wasn’t likely as wonderful as Democrats would like the American people to believe. [dailycaller.com] 9/10/12

Getting the GM story right on the bailout. Still failing. How much is still not paid back. GM plants in China. [humanevents.com] 9/5/12

Obama success story headed for bankruptcy, again. [frontpagemag.com] 8/17/12
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Interesting information about the US auto industry and how Obama financial favoritism for the UAW cost US Taxpayers dearly and needlessly. Notice how Obama keeps talking about how His actions saved the US auto industry.

$25 B-b-billion. Auto Bailout tally keeps going up and up. Now at more than $25 B-b-billion. 2200 dealerships closed. Those that were Friends of Obama remained open. 2200 dealerships closed = 25 jobs each = 55,000 jobs lost. Obama says auto industry is coming back but sales and stock market value of GM and Chrysler auto company stocks tells us that this Obama lemon of a deal is leaking oil. =TheRightJack 8/14/12


How GM counts car sold = Those that have been shipped out to their dealers ... but those cars are setting on their car lots, unsold. Heard on radio news report 7/26/12


+50%. Over 50% of GM autos are built outside USA. Side comment heard on a radio news report. 10/24/12

70% of GM sales are to Government. 7/16/12 
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Not going to hear Obama shout about these data and Not going to hear or see that in the Big Dem Media.


GM giving away 4,000 mile guarantees on cars that prove to be lemons … in order to boost sagging GM car sales. Heard on a radio news report 7/11/12
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As Obama brags about how well GM is doing.

How many jobs did Big Dem Gov eliminate when they bailed out GM and shut down dealerships? 1/12/12

How much money did GM bond holders actually lose when Big Obama Gov gave GM to the unions. 1/11/12

In order to make GM profitable, the government ordered the closing of nearly 2000 dealerships. Here are examples of dirty tricks not generally reported by our left-leaning government media. 7/11/09

A GM car dealer who supported the Obama Democrats was among those shut down. What did he do. He went to Barney Frank, his Massachusetts Democrat in Congress and raised a big fuss. Guess what happened. His dealership rights were restored. Transparency, my fanny. Who are they kidding. This was not the first instance of favoritism.

Another dealer who lost her 90 year old family GM car business was told to hand over all of her sales records and service records to GM. Any relief for her. Nope. Dealership lost. Customers lost. Government controls private business. This was called gangster government in the following 4 minute YouTube video. 



Democrats like to explain our economic distress since 2008 on the failures or evils of capitalism - the ways of the past. When Big Gov takes away your business, puts your business out of business with regulations, curbs employment with uncertain unknown tax, wage and health obligations, gives massive handouts [called grants] and bailouts to friends, and raises taxes on every business, that is not capitalism. That is Big Crony Socialist Gov. =TheRightJack 1/12/12

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