GM (Chinese Car)

[Mikey N.C.]

Can you believe, being bailed out by US taxpayer. What Greed, a slap in the face to Detroit

[Ray4852]

The union bailed out  GM with Job cuts and wage concessions.

[Perry]

I'm missing something here. What's the story?

[Mikey N.C.]

GM introduce new SUV,made in China, not assembled over here,like Honda,bmw,an alot of cars.CEO for gm said that 75% sales would be in China rite   

[Mikey N.C.]

Wifey, reminded me that it's a buick

[Mikey N.C.]

Ray,
Google what taxpayers paid for ,notice Ford isn't in it ? ?

[Perry]

I have to admit here and now that I am a GM kinda guy, still have my 91 GMC (although we did just buy a Dodge Caravan a couple years ago).
I don't know if any of you have ever saw the documentary "Who killed the electric car?", but after I saw that I darn near swore off GM.  >:
(They weren't the only guilty ones either, Ford and Toyota both had models out but scrapped them). You can still find it on video.
Here were are 30 years later and now we're going back to the future.

[Mikey N.C.]

IMO,there going to get back what is owed to them, through this,can we really think that vehicle is safe

[Ray4852]

 20 billion bailout  is cheap. We kept the jobs home here.  Good paying union jobs will pay for this bail out over a 10 year period. Money well spent in the US.  Look what we paid out for the 12 year war in the middle east. 4 trillion. Lost money will never see again. Do you here people complain about this. These articles are all propaganda to help brain wash you because we used our money to help out  our people home here. If the government didn’t bail out GM. They probably would have gone bankrupt. What caused this company to loose so much money. Everybody is going to blame the union because the workers have a  strong union. The union help a little with the problem but they gave back wage concessions and job loss to help the company survive. The CEO gets hefty bonus every year for doing nothing. Did he pay back his greed. Its the American way to blame the workers  for our company problems, but the real problem is higher up with management. All they do is sit back with their feed up on the desk and see what they can get from the company for doing nothing.  They didn’t break this union.  Do you remember what Ross Perot said about GM when he was their top CEO. We don’t need management sitting around with their feet up on the desk. What did the company do with Ross. They bought him out. Ross told them. I don’t need the money. Give it to the workers because I want everybody to have a job. Company went down hill from there. I' 40 year union man myself. I'm glad I’m retired. 

[Zweefer]

American Airlines, Kodak and believe it or not, General Motors have all been bankrupt in the past.  Going bankrupt doesn't mean the end of a company...

[Ray4852]

Companies go bankrupt because they try to break the union. They all come back under a new name 3 years later.  Airlines are good at playing this game. Trucking industry  played this game too. They come back with non union labor. I worked 40 years for the RR. 10 years  we worked with no contract. Government took away our right to strike. We gave up massive contract concession to keep the company going along with massive layoffs and job loss. I was lucky to hold on to my job. Never experience a layoff in my 40 years working for 3 rail companies. Penn central, Conrail and the CSX. Kodak didn’t go bankrupt. Management didn’t plan for the future the right way. The employees were spoiled with nice wages and benefits. Kodak couldn’t compete with the new world because of poor management. I know what its like to work for a company that tries to break a union. I worked through 3 rail mergers. Watch men fight over seniority rights. Most workers today have no idea what its like to work under these conditions. It was no picnic. company never broke us.

[lazy shooter]

My old pappy told me there was room for discussion of politics in good company.  I think he was correct.  The former being said, I should probably stay out of this discussion, but I want to add that there is room for concern when our government partners with any business for any reason.

In the short haul the unions did a lot of good for our country.  They did away with what amounted to slave labor and the use of children to do adult work and brought some reasonably wages to our country whether one was in the union or not.  In the long haul the union leaders became fat cats that abused their positions for personal gain.  They even became associated with the mafia.  At the same time, our politicians became a privileged sect, at the national level an imperial congress.  It's not the unions and our governments fault that we are failing as a nation.  It's the result of individual greed and power in the unions and in our governments.

When the unions and our politicians become rich, it is a sad day.  That day is here.

[brooksbeefarm]

The two (maybe three?) parties do not work together anymore to serve the country? It's almost like we are in a civil war again. The two main parties it seems to me have formed there own Mafia. Like i've heard all my life, a country divided will soon fail, makes you wonder what's in store for our grand children doesn't it??? Jack

[Ray4852]

We have one political party.  A right wing and a left wing with an open wing in the middle waiting to be formed by the people. Ross Perot tried starting a new political party but that fell apart. Other candidates tried but couldn’t get any support from the people to get it started. I think we are getting close now to get a new party started. I hate to say it. Its going to get a lot worse before it gets any better. People that have lived here for more than 80 years have seen the better years of our nation history. The younger generation born today will put this country back together. Donald trump will get the ball rolling. The man stands for something. Look at the rest of the world. We are in better shape than the rest of them.