1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

If this is the future of GM, they can go now

Discussion in 'Off Topic Threads' started by new loader, Apr 7, 2009.

Thread Status:
Not open for further replies.
  1. new loader

    new loader Member

    Joined:
    Jan 29, 1998
    Messages:
    498
    Game over, they can go bankrupt now instead of later.
     
  2. cle

    cle Member

    Joined:
    Jan 29, 1998
    Messages:
    228
    1. Was this 6 days late for an April Fool's joke??
    2. Given the mindset typified by Pelosi's continuing demands for a BIGGER jet as an example, do you really think the 'ruling elite' will feel obliged to use this thing?? They will continue to insist that they absolutely must have a string of Suburbans to get them around. Count on it.
     
  3. Gold E

    Gold E TS Member

    Joined:
    Sep 22, 2006
    Messages:
    481
    My ’08 Chevrolet needs a couple of minor warrantee repairs. Looks like I’d better hurry while the doors are still open.
     
  4. Recoil Sissy

    Recoil Sissy Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,641
    In the past two or three days, I've noticed a new GM tv commercial. The basic premise is this, if a new car buyer subsequently loses his/her job, GM will make his/her car payments - up to $500 for nine months. The plan also includes some sort of guarantee (that I have yet to decifer) on the value of the new vehicle.

    Excuse me but GM (Gub'ment Motors) can't even pay it's own d@mn bills. The only reason these incompetent goofs haven't been forced into bankruptcy already is the recent infusion of $13 plus billion of "Obambi bucks" provided by our socialist autocrat president.

    So... the obvious question is this, "How exactly, do you suppose the financially insolvent Gub'ment Motors intends to back up buyers of new wheels??" And... as a corollary, "How exactly would they 'guarantee' the value of vehicles nobody wants to buy in the first place??"

    Color me suspicious but I have mental image of some liberal @sshole (who's mortgage we're already helping pay) going out and buying a car. The sequence goes something like this.

    1. Having already bought a house he can't afford, he now buys a new GM vehicle he can't afford.

    2. Like the mortgage, he now defaults on his car payments.

    3. Gub'ment Motors has got no money so WE are now on the hook for Mr. Acorn's car payment (as well as his mortgage) all courtesy of Obambi and the congressional libs.

    sissy
     
  5. JBrooks

    JBrooks TS Member

    Joined:
    Nov 6, 2006
    Messages:
    3,707
    The ObamaMobile from GM. Will someone please just shoot GM and make it quit flailing around?
     
  6. TOOLMAKER 251

    TOOLMAKER 251 Active Member

    Joined:
    Jan 29, 1998
    Messages:
    3,398
    I can just see hitting one of those with my F250. As we speak GM is working on a bankruptcy plan.
     
  7. dverna

    dverna Active Member

    Joined:
    Jan 29, 1998
    Messages:
    2,717
    This must be a joke.

    Can anyone be stupid enough to think a responsible person would let a loved one ride in that death trap?

    If it is not a joke, then J. Brooks is right. Let the idiots fail. We are pissing good money after bad.

    Don Verna
     
  8. halfmile

    halfmile Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    15,639
    Location:
    Green Bay Wisconsin
    Only ten grand or so, for a couple more you can buy a Kia.

    I know my choice.

    HM
     
  9. Setterman

    Setterman Well-Known Member

    Joined:
    Feb 12, 2007
    Messages:
    11,126
    How's that baby in snowdrifts? Can I get a plow attachment?
     
  10. atashooter

    atashooter Member

    Joined:
    Jan 29, 1998
    Messages:
    625
    What's it run in the quarter ??? Well, look at the bright side, no doors... When she starts fussing, just push her ass out.
     
  11. oldgahchamp

    oldgahchamp Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,263
    There's no place for an air bag unless you pick up a nice looking Blonde.
     
  12. The Rock

    The Rock Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,491
    I want to see the front ,side and back impact safety reports. How many stars???
    Survival rate against a Ford F250 is what?

    Would not be bad for the state shoot but not as safe as a golf cart. LOL

    Rock

    Jim
     
  13. markdenis

    markdenis TS Member

    Joined:
    Jan 29, 1998
    Messages:
    1,123
    Looks like it might be about as successful as their new Chevy Volt for $40 grand.
     
  14. dverna

    dverna Active Member

    Joined:
    Jan 29, 1998
    Messages:
    2,717
    Rock

    It will need a trailer to work as well as a golf cart. Where do the guns, ammo and accessory bags go?

    They had this POS on the news tonight. It really is true. We are so screwed if this is where GM is headed. Maybe they needed to cave in to the Pelosi gang and pretend they were interested in this THING.

    Honda must be laughing their asses off.

    Don Verna
     
  15. bocephus

    bocephus Member

    Joined:
    Jan 29, 1998
    Messages:
    527
    This is our future, you didn't see it coming?
     
  16. crusha

    crusha TS Member

    Joined:
    Jan 29, 1998
    Messages:
    5,762
    First of all, regarding how GM will make the payments if you lose your job:


    I'd almost bet you this works just like Private Mortgage Insurance...GM finance takes out an insurance policy on every person who buys a car, which covers the payments in case of "default" (ie, job loss)...and then they quietly fold the cost of that premium into the cost of the car. The stoopid car buyer thinks they're getting a smokin' deal, and GM sales pats themselves on the back for their ability to sell Popsicles to Eskimos.


    Regarding the two-seat Segue platform: they won't sell any of these - it's all for IMAGE. Remember the anonymous White House official last week explaining the ouster of GM CEO Wagoner? The WH official said something to the effect of, "Remember this is Obama we're talking about, and symbols of change are important to him."


    "Symbols of Change" are important to him? That's what the two-seater is all about...tossing a bone to smartass liberals, who can now cluck with satisfaction about how the company that used to sell Hummers is now selling the yuppie equivalent of Hot Wheel Trikes.


    I would be willing to bet you that GM started hatching this marketing plan about the same time they got reamed a new A.H. for Wagoner showing up in Washington in his private jet. It's all image-engineering, folks. When you're in bed with the government, you have to let the government "stick it" wherever they want to.
     
  17. Recoil Sissy

    Recoil Sissy Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,641
    buzz-gun:

    So... Gub'ment Motors buys credit default swaps from AIG to pick up $4,500 of Mr. Acorn's uncollectable car payments. We're still screwed.

    sissy

    edited addtion: for those who may not be aware, AIG's Financial Services Division sold hundreds of billions in credit default swaps to back up 'liar loans' and other subprime/junk mortgages. $183 billion of 'Obama bucks' later - much of which was redistributed by AIG to foreign banks - and WE now own 80% of AIG.
     
  18. perazzitms

    perazzitms TS Member

    Joined:
    Jan 29, 1998
    Messages:
    521
    I too was wondering how they'd pull off the "we make you payments" thing. Best I could think was: 1. You must finance through GMAC or whatever it is now; most likely at 9-11% or so when other banks are still offering 6%. 2. You most likely have to pay full retail on the vehicle. Of course, if you socked away the $10,000 in rebate cash you're giving up, you'd have 20 months of payments rather than 9. I don't know.....but I do know there's no such thing as a free lunch.

    About the PUMA thing......I don't think it's meant for the 'general' population. Of course, now you know why the feds wanted to control GM. No stock issuing company in their right mind would invest in this thing, but the taxpayers will - through the Obamanation. GM is gong to burn up billions of taxpayer dollars making this thing, and when it starts to turn into an Albatross around "Government Motors" neck, the Obamanation will decree that this thing will be the ONLY approved vehicle in crowded downtown places like DC and NYC. Don't laugh - it's already happening in places like London - no cars during the busy working portion of the day.

    It's easy to sell when you hold a gun to the buyers head.
     
  19. Recoil Sissy

    Recoil Sissy Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    2,641
    Fellow ts.commers:

    As of Tues. April 7, Reuters and a gaggle of media outlets think bankruptcy is the likely future of GM. The company is in intense preparations for a Chapter 11 filing.

    Over the past six months or so, it has become abundantly clear that GM's perpetual "wait til next year" strategy aint gonna cut it. Rick (bankruptcy is not an option) Waggoner is gone. What business changes and product improvements GM has accomplished over the years are too little and too late. Unlike the Chicago Cubs and their feckless fans, GM hasn't got a next year in any normal sense of the term.

    As a side note, the financially troubled Tribune Company, owners of the Cubs, haven't got a next year either, but I digress...

    So having received $13.4b of the $37 billion in Obambi bucks requested, GM remains a financial basket case with no happy ending in sight. Far from being 'to big to fail', GM and the UAW are too bad and ugly to voluntarily clean up their act. For better or worse, the only cure is to allow market forces to impose economic discipline on the people and companies that make monumentally poor decisions.

    The domestic automakers have committed assisted suicide an inch at a time for three decades. The financial rotters (notably Citi, Merrill, Lehman, Bear Stearns and AIG) all swallowed massive doses of toxic assets.

    Dubya's stooges started the government intervention stampede. It was a gross mistake. Obambi, his minions, and the leftists in control of Capital Hill have seized the opportunity in an all out effort to establish a centrally controlled socialist economy. They've already demonstrated an appetite to micromanage individual business decisions.

    Following are some excerps from a WSJ opinion piece by Stuart Varney dated April 4, 2009...

    _________________________


    If the banks are forced to keep TARP cash... the Obama team can work its will on the financial system to unprecedented degree.

    Think about it: If Rick Wagoner can be fired and compact cars can be mandated, why can't a bank with a vault full of TARP money be told where to lend? And since politics drives this administration, why can't special loans and terms be offered to favored constituents, favored industries, or even favored regions? Our prosperity has never been based on the political allocation of credit -- until now.

    ________________________

    Now read that last paragraph again carefully... 'favored constuents, favored industries, ... favored regions'.

    Make no mistake, given the chance Obambi will have his tax cheats running every aspect of your life. If bankruptcy gets or keeps Obambi's heel off the throat of GM, just maybe chapter 11 is the best we can all hope for.

    In the meantime, contact your U.S. rep and senators. Let them know in blunt terms you don't support ANY of this socialist sh!t.

    sissy
     
  20. letts

    letts TS Member

    Joined:
    Oct 31, 2006
    Messages:
    308
    I would bet that this thing will cost more than most inexpensive cars, wait I fogot about the subsidy from our new green goverment. 1/2 price now for sure.


    Letts
     
Thread Status:
Not open for further replies.