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Tractor Talk Discussion Forum

Re: Ot Jetta diesel vs cruz diesel

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jdemaris

08-15-2013 15:34:32
70.192.23.128



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The Federal government got back 30 billion dollars out of 50 billion they pumped into GM. I don't know what kind of math you use - but mine calls that a 20 billion dollar loss. If GM stocks soar - it's possible more money will be paid back to taxpayers.d And as the Feds keep selling off GM stock - any chance of that becomes lessened.

And yeah, for a short time GM tried advertising that they'd paid back their debt but got called on that bogus info and stopped claiming it. The stocks the Feds bought is often not called a "debt."

I was a life-long GM fan - but no more. If GM had really gone away -another car company would of taken up the slack and we'd all be better off.
Ford is the only American car company left that hasn't been living off the dole or is foreign owned (like Chrysler/Jeep).

GM has been banking on Americans having short memories and I guess they called it right.

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big daddy t

08-15-2013 18:31:56
184.57.180.239



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 Re: Ot Jetta diesel vs cruz diesel in reply to jdemaris, 08-15-2013 15:34:32  
I agree we should not have bailout gm but we bailed out Germany and Japan after ww 2. so they could rebuild there factorys vw was horrible during the war and used slave labor to help build the war machine.



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big daddy t

08-15-2013 17:52:27
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 Re: Ot Jetta diesel vs cruz diesel in reply to jdemaris, 08-15-2013 15:34:32  
I agree we should not have bailout gm but we bailed out Germany and Japan after ww 2. so they could rebuild there factorys vw was horrible during the war and used slave labor to help build the war machine.



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GVSII

08-16-2013 18:32:16
74.71.185.241



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 Re: Ot Jetta diesel vs cruz diesel in reply to big daddy t, 08-15-2013 17:52:27  
Quoting Removed, click Modern View to see
I sure wasen't all that happy about a GM bailout but I was even less happy about the potential loss of 700000+ jobs if they weren't bailed out!



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