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Thats one small step for man

Discussion in 'Members' Lounge' started by invisibledemon, Jun 1, 2009.

  1. invisibledemon

    invisibledemon Bored Moderator VIP

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    one giant leap for socialism......

    General Motors files for bankruptcy - Yahoo! Finance


    giving the federal government a majority control.

     
  2. Briansol

    Briansol Admins Admin VIP

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    GM files bankruptcy... HMC stock up 1.3%

    looking like
    60% us govt
    12.5% ca govt
    17% union
    10% bond holders


    what a crock of shit.

    the BOND holders have nearly the same invested as the US gov't. why is their share not equal?

    oh yeah, i forgot we elected a socilist.
     
  3. BigJ

    BigJ I'm just about that action Boss. VIP

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    They're going to reinvest 30 billion! We'll see what obama has to say about his "plan" with this......
     
  4. invisibledemon

    invisibledemon Bored Moderator VIP

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    its always easy to throw money around when its not your own.

    i think everything this guy does should come out of his own pay, the first president that would already be paying us to be our "leader."
    so this means that his great great great great grandchildren will still be working off his debt.
     
  5. Briansol

    Briansol Admins Admin VIP

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  6. E_SolSi

    E_SolSi Member of the 20 nut club Moderator VIP

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    these mother fuckers screamed and fucking screamed that these companies couldnt go bankrupt... they couldnt fucking do it... they were too big to fail... they were too fucking important to the fucking economy of the fucking country... we couldnt allow them to fall into bankruptcy... they had to be bailed out at ANY fucking cost

    and now after we have dumped somewhere in the area of 50 BILLION dollars into them (that we know about)... now... NOW its ok for them to file for bankruptcy... and its for the best

    we couldnt let these fucking companies fail BEFORE we racked up over a TRILLION fucking dollars in "Bailout-Obama-Bucks"

    what the fuck is wrong with people that they dont see what the fuck is going on here

    god fucking dammit :ranting2:
     
  7. Briansol

    Briansol Admins Admin VIP

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    The news this morning was saying the same shit...
    most analyst's views was that if they let it happen at the same time as chrysler and all the housing reports that we would have dumped into a depression, not a recession. They bought time, and nothing more.

    was it worth 50-billion? probably not.
     
  8. Briansol

    Briansol Admins Admin VIP

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    The thing i don't get is that GM shares are UP!?

    GM: Summary for GEN MOTORS - Yahoo! Finance

    wtf they are worth ZERO. NULL.

    sell now while you can.

    i can't beleive people are still trying to short this monopoly money
     
  9. BigJ

    BigJ I'm just about that action Boss. VIP

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    I'll let you in on a hint.

    If they're buying and driving price up, they have cash. They have lots. They know a lot more than you do about the stock and the market. People are going to get rich on this short sale. Sure as hell not lose money, because its already been lost.











    Educate yourself.
     
  10. Briansol

    Briansol Admins Admin VIP

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    as of right now (past 4pm est) GM stock is 100% worthless.

    it goes to pinks in the morning. whatever you own, is 100% loss.
     
  11. invisibledemon

    invisibledemon Bored Moderator VIP

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    why the hell would you buy gm stock today?
     
  12. Briansol

    Briansol Admins Admin VIP

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  13. hsoguy

    hsoguy Junior Member

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    This was the only way for GM to get on the same pace as Toyota, Honda etx

    In the End.. the Government knows.. you are not going to do anything about what they do.
     
  14. Briansol

    Briansol Admins Admin VIP

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  15. Briansol

    Briansol Admins Admin VIP

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  16. dveit

    dveit Well-Known Member VIP

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    I know that the Aztec HAS to be on that list, without even looking at it...

    edit: After looking at it, it is on there :lol:

    All the cars/trucks/SUVs look like they pretty much belong on that list except for the Saab's version of the "Subaru Wagon". That one struck me as odd.
     
    Last edited: Jun 2, 2009
  17. double0Si

    double0Si ლ(ಠ益ಠლ) VIP

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    I think it was/was supposed to be a Saab. But I think some imports should be noted as they did help.
     
  18. Briansol

    Briansol Admins Admin VIP

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    US buys GM, GM sells Hummer to the Chinese. Go figure ehh.


    lol
     
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