F30POST
F30POST
2012-2015 BMW 3-Series and 4-Series Forum
BMW Garage BMW Meets Register Today's Posts
BMW 3-Series and 4-Series Forum (F30 / F32) | F30POST > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Bush approves $17.4 Billion Autobailout
GetBMWParts
Post Reply
 
Thread Tools Search this Thread
      12-19-2008, 11:25 AM   #1
asdflkijd
Aberry is a scammer
asdflkijd's Avatar
United_States
558
Rep
5,507
Posts

Drives: SGM E92 335i, AM E90 335i
Join Date: Jun 2007
Location: Seattle, WA

iTrader: (14)

Garage List
Bush approves $17.4 Billion Autobailout

Wow.. just wow, I'm just astonished at how he can still make retarded ass calls.. fuck, I'm going to Canada
Appreciate 0
      12-19-2008, 11:38 AM   #2
Year's_End
Lieutenant General
Year's_End's Avatar
United_States
1138
Rep
12,444
Posts

Drives: 2020 Shelby GT350
Join Date: Feb 2007
Location: FL

iTrader: (0)

hahaha, he managed to fuck up something else?
__________________
Past: '08 E92 335i|ZPP|ZSP|6AT
Past: '15 Mustang GT|401A|PP|6MT
Current: '20 Shelby GT350|6MT
Appreciate 0
      12-19-2008, 11:50 AM   #3
Icedog_16
No Member
Icedog_16's Avatar
8
Rep
428
Posts

Drives: 2011 E92 335is
Join Date: Feb 2008
Location: Tampa, FL

iTrader: (1)

Quote:
Originally Posted by Bimmer Loyalist View Post
hahaha, he managed to fuck up something else?
It appears that Democrats in the House voted overwhelmingly in favor of f@cking up something else: H.R. 7321: Auto Industry Financing and Restructuring Act - 204 Ayes (out of 237 total) vs 20 Nays (out of 170 total).

http://www.govtrack.us/congress/vote.xpd?vote=h2008-690
Appreciate 0
      12-19-2008, 11:52 AM   #4
asdflkijd
Aberry is a scammer
asdflkijd's Avatar
United_States
558
Rep
5,507
Posts

Drives: SGM E92 335i, AM E90 335i
Join Date: Jun 2007
Location: Seattle, WA

iTrader: (14)

Garage List
Quote:
Originally Posted by Icedog_16 View Post
It appears that Democrats in the House voted overwhelmingly in favor of f@cking up something else; 204 Ayes (out of 237 total) vs 20 Nays (out of 170 total).

http://www.govtrack.us/congress/vote.xpd?vote=h2008-690
hahaha he speaks the truth!
Appreciate 0
      12-19-2008, 11:55 AM   #5
Crimson92
Smiling Politely
Crimson92's Avatar
United_States
1381
Rep
29,118
Posts

Drives: Like a boss
Join Date: Jun 2007
Location: Whales Vagina

iTrader: (3)

we need the bailout people....else we will be very screwed


lets just hope the companies do the right thing.
__________________
Quote:
Some people are like slinkies...not really good for much but you can't help but smile when you see one tumble down the stairs"
Appreciate 0
      12-19-2008, 11:57 AM   #6
!Xoible
Banned
United_States
832
Rep
46,029
Posts

Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [4.00]
2007 335i  [9.00]
2008 528i  [8.00]
2006 Infiniti - G35 ...  [8.00]
he just cant leave without more screw ups... as many as possible. hit the record
Appreciate 0
      12-19-2008, 12:02 PM   #7
asdflkijd
Aberry is a scammer
asdflkijd's Avatar
United_States
558
Rep
5,507
Posts

Drives: SGM E92 335i, AM E90 335i
Join Date: Jun 2007
Location: Seattle, WA

iTrader: (14)

Garage List
Quote:
Originally Posted by Crimson92 View Post
we need the bailout people....else we will be very screwed


lets just hope the companies do the right thing.
Why not let them crumble and await the rising of newer, better more eco friendly companies? Thats my question, what happened to the survival of the fittest.. if we bail them out, its just a temporary fix... they will fall again, and next time there won't be no Bush to save them from the fall.
Appreciate 0
      12-19-2008, 12:20 PM   #8
Dammmittt
My favorite sign.
Dammmittt's Avatar
South Korea
169
Rep
4,333
Posts

Drives: 2007 M Coupe
Join Date: Dec 2006
Location: Der Autobahnen

iTrader: (0)

Quote:
Originally Posted by asdflkijd View Post
Why not let them crumble and await the rising of newer, better more eco friendly companies? Thats my question, what happened to the survival of the fittest.. if we bail them out, its just a temporary fix... they will fall again, and next time there won't be no Bush to save them from the fall.
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
__________________


07 ///M Coupe (Premium Package) Black Saphire Ext. Imola Red Int.

Best Website EVER!
Appreciate 0
      12-19-2008, 12:22 PM   #9
aut0sh0cker
meh
aut0sh0cker's Avatar
United_States
123
Rep
1,756
Posts

Drives: E92 335i, 997.2 C4S
Join Date: Jan 2008
Location: 91362

iTrader: (2)

Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
+1 and you are not even counting the tons of other jobs that are provided by domestic manufacturers that supply parts to the Big 3 exclusively...
Appreciate 0
      12-19-2008, 12:27 PM   #10
txusa03
Major General
548
Rep
6,563
Posts

Drives: TS330iPPSP6MT
Join Date: Jul 2005
Location: Planet Earth

iTrader: (3)

mr President, you may step down now, there is nothing left for you to do...
__________________
under construction!
Appreciate 0
      12-19-2008, 12:47 PM   #11
TMNT
Captain
176
Rep
872
Posts

Drives: 330ci ZHP
Join Date: Jan 2007
Location: VA

iTrader: (0)

The money came out of the 700 billion Wall Street bailout. This is NOT new money, therefore I see no problem with it.
Appreciate 0
      12-19-2008, 12:49 PM   #12
deletedelete
Major General
deletedelete's Avatar
United_States
361
Rep
5,873
Posts

Drives: m
Join Date: Nov 2008
Location: usa

iTrader: (14)

Garage List
I hope there is strict guidelines with the money. Such as corporate restructuring and better cars and stuff like that. Free money to just be wasted and still producing the same old crap is not going to benefit anybody. What difference does it make if a million workers keep their jobs now, but lose them anyway in a few months?
Appreciate 0
      12-19-2008, 12:54 PM   #13
asdflkijd
Aberry is a scammer
asdflkijd's Avatar
United_States
558
Rep
5,507
Posts

Drives: SGM E92 335i, AM E90 335i
Join Date: Jun 2007
Location: Seattle, WA

iTrader: (14)

Garage List
Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
You do have a point, but I just hope that they won't fuck it up....
Appreciate 0
      12-19-2008, 12:54 PM   #14
asdflkijd
Aberry is a scammer
asdflkijd's Avatar
United_States
558
Rep
5,507
Posts

Drives: SGM E92 335i, AM E90 335i
Join Date: Jun 2007
Location: Seattle, WA

iTrader: (14)

Garage List
Quote:
Originally Posted by Prowess Symphony View Post
I hope there is strict guidelines with the money. Such as corporate restructuring and better cars and stuff like that. Free money to just be wasted and still producing the same old crap is not going to benefit anybody. What difference does it make if a million workers keep their jobs now, but lose them anyway in a few months?
+1
Appreciate 0
      12-19-2008, 12:56 PM   #15
!Xoible
Banned
United_States
832
Rep
46,029
Posts

Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [4.00]
2007 335i  [9.00]
2008 528i  [8.00]
2006 Infiniti - G35 ...  [8.00]
Quote:
Originally Posted by Dammmittt View Post
Between the 3 companies, there are over half a million jobs at stake around the world. And with the state of the economy, there's no way to regenerate those jobs, especially with new companies that would need a lot of cash to start.

So, do they deserve it? Of course not. But can we just let them go bankrupt? No, we can't do that either.
not but bankruptcy is the way out of their binding with the union. the factories, workers, etc will not vanish. but new companies with new mindsets should arise from the situation

what's the point of giving the same people more money? ur only extending the problem, ur not resolving it, and ur wasting our tax money on their loser CEO bonuses, and stupid broken-ass cars that no one wants anyway
Appreciate 0
      12-19-2008, 01:03 PM   #16
Tondtar
12 yr old Juvie
Tondtar's Avatar
Vanuatu
1076
Rep
881
Posts

Drives: His Mom Crazy
Join Date: Apr 2008
Location: El Lay

iTrader: (2)

Garage List
.
Attached Images
 
Appreciate 0
      12-19-2008, 01:20 PM   #17
quagmire
I am Gundam
quagmire's Avatar
186
Rep
1,211
Posts

Drives: 2017 Camaro 2SS
Join Date: Jun 2007
Location: USA

iTrader: (0)

Quote:
Originally Posted by ///Mantis View Post
not but bankruptcy is the way out of their binding with the union. the factories, workers, etc will not vanish. but new companies with new mindsets should arise from the situation

what's the point of giving the same people more money? ur only extending the problem, ur not resolving it, and ur wasting our tax money on their loser CEO bonuses, and stupid broken-ass cars that no one wants anyway
If GM offered a product that was attractive to you( design, performance reliability, etc), but there were in Chap 11 would you still take the $30K lets say and invest it in that vehicle?

Quote:
Originally Posted by Tondtar View Post
.
Unfortunately, you fail as Ford doesn't get any of the loans as they don't need it. Only GM and Chrysler is getting them.


Oh and I am so happy our educational system was able to brainwash you all about how good the free market is.
Appreciate 0
      12-19-2008, 01:22 PM   #18
!Xoible
Banned
United_States
832
Rep
46,029
Posts

Drives: ....
Join Date: Nov 2006
Location: .

iTrader: (4)

Garage List
2008 M3  [4.00]
2007 335i  [9.00]
2008 528i  [8.00]
2006 Infiniti - G35 ...  [8.00]
Quote:
Originally Posted by quagmire View Post
If GM offered a product that was attractive to you( design, performance reliability, etc), but there were in Chap 11 would you still take the $30K lets say and invest it in that vehicle?



Unfortunately, you fail as Ford doesn't get any of the loans as they don't need it. Only GM and Chrysler is getting them.


Oh and I am so happy our educational system was able to brainwash you all about how good the free market is.
too late for that discussion. dont blame it on me (the consumer) blame it on them, design, and management. what's the 17 billion gonna do now? nothing except help dealers sell more of the same shit, and help the over-paid workers produce the same shit. it's best if they go bankrupt asap with the minimum amount of losses. now bush added another 17 billion to the losses.

no he didnt fail.. ford sucks ass, and it's a funny picture
Appreciate 0
      12-19-2008, 01:25 PM   #19
quagmire
I am Gundam
quagmire's Avatar
186
Rep
1,211
Posts

Drives: 2017 Camaro 2SS
Join Date: Jun 2007
Location: USA

iTrader: (0)

Quote:
Originally Posted by ///Mantis View Post
too late for that discussion. dont blame it on me (the consumer) blame it on them, design, and management. what's the 17 billion gonna do now? nothing except help dealers sell more of the same shit, and help the over-paid workers produce the same shit. it's best if they go bankrupt asap with the minimum amount of losses. now bush added another 17 billion to the losses.

no he didnt fail.. ford sucks ass, and it's a funny picture
I am not blaming GM's mistakes on you, but a simple question. Would you buy a car from a bankrupt company?
Appreciate 0
      12-19-2008, 01:42 PM   #20
Alias
dork
Alias's Avatar
38
Rep
477
Posts

Drives: //M
Join Date: Jul 2007
Location: so cal

iTrader: (3)

In order to receive the money, I think all three CEO's should have to step down.
Appreciate 0
      12-19-2008, 01:49 PM   #21
darkphantom
Banned
595
Rep
5,946
Posts

Drives: E93 335i
Join Date: Aug 2007
Location: The place for Bimmers

iTrader: (4)

Quote:
Originally Posted by TMNT View Post
The money came out of the 700 billion Wall Street bailout. This is NOT new money, therefore I see no problem with it.
+1 the bailout from wallstreet will provide the escape they so desperately crave....

anyways, we bailed out wallstreet...makes sense to bailout these losers too...luckily it isn't new money.
Appreciate 0
      12-19-2008, 02:24 PM   #22
TMNT
Captain
176
Rep
872
Posts

Drives: 330ci ZHP
Join Date: Jan 2007
Location: VA

iTrader: (0)

Plus, the loan says that if GM & Chrysler can not show viability by March 31st 2009 then they will have to repay the full amount of the loan within 30 days.
Appreciate 0
Post Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:00 PM.




f30post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST