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This doesnt sound like a very good idea..

Discussion in 'Members' Lounge' started by MthaFuknGreen, Apr 2, 2009.

  1. MthaFuknGreen

    MthaFuknGreen Green on the scene.

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    the gm protection plan..
    GM to make payments for customers who lose jobs

    they took someone elses idea to a whole nother level.
    instead of just taking the car back, theyll actually make your payments for you, up to $500 a month for 9 months.

    doesnt seem like a very good idea to me.
     
  2. K2e2vin

    K2e2vin Senior Member

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    Ford is doing the same thing.

    I'm sure they can afford it though; because we're paying for it(erhm, bail out). I don't know the stipulations of their bailout contract but I'm sure it was only to "make sales" or get the cars off the lot.
     
  3. MthaFuknGreen

    MthaFuknGreen Green on the scene.

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    this will only attract people who fear that theyll lose their job soon, and if they do, its just gonna cost them MORE money.

    isnt this how all the problems started?
    banks giving money to people who cant afford it?
     
  4. Briansol

    Briansol Admins Admin VIP

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    hunadi started it. gm/etc copied it. what else is new...
     
  5. AHHVTEC

    AHHVTEC Well-Known Member VIP

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    thats what im saying
     
  6. double0Si

    double0Si ლ(ಠ益ಠლ) VIP

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    I dont know when Hyundai started doing it for theirs but Suzuki has been doing it on their motorcycles for a while now
     
  7. YBLEGAL

    YBLEGAL Regular Member w/ Cheese

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    Fuck the government and it's influence on what should be a free market. GM needs to fail. Some new entrepreneur can come take their place, and hopefully learn from the other's mistakes through history.
     
  8. double0Si

    double0Si ლ(ಠ益ಠლ) VIP

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    I agree with the leaving free market alone thing but if GM failed that'd be a shit load of jobs lost overnight. I think thats what theyre trying to avoid. Though not impossible "some new entrpreneur" would have one hell of a time replacing a company like GM.
     
  9. Drake

    Drake Well-Known Member VIP

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    A slow bleed and giving folks false hope is no better. At least if they where allowed to file, restructure and renegotiate like any other company we may not be as bad off as we are. But instead we have a administration that enjoys kicking a CEO out and instigating lynch mobs because some poor fucks got bonuses that where IN A CONTRACT, oh and not only where they stipulated in a contract Congress made sure the clauses stayed. But who cares about the law right? We just need to make these damn rich people hurt like we are hurting right!!?!?!?! Yeah.....
     
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