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  #1  
Old 10-11-2008, 11:10 AM
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Chryverado? Sylvler?

http://www.nytimes.com/2008/10/11/business/11auto.html
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Old 10-13-2008, 10:00 AM
j cAT j cAT is offline
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Re: Chryverado? Sylvler?

Quote:
Originally Posted by ukrkoz
I doubt the GM board members would consider this.

what GM needs is our tax money to give them the required funds to develop their new volt...

If you were bankrupt [as GM is] would you look to a fellow bankrupt company to give you help ?????/


I do not wish that my tax payments support any company... but that is my opinon...


It is possible that in 1-2years these investment bank scams will be worked out, then this will get the economy back on track...


loans to these falling companies would hopefully give them time to adjust...
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Old 10-13-2008, 11:09 PM
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Re: Chryverado? Sylvler?

Quote:
Originally Posted by j cAT
I doubt the GM board members would consider this.

what GM needs is our tax money to give them the required funds to develop their new volt...

If you were bankrupt [as GM is] would you look to a fellow bankrupt company to give you help ?????/


I do not wish that my tax payments support any company... but that is my opinon...


It is possible that in 1-2years these investment bank scams will be worked out, then this will get the economy back on track...


loans to these falling companies would hopefully give them time to adjust...

what you'll have in several yrs is several giant banks owned by the same consortium - Federal Reserve. who do you think gives money to government for any bailouts? and in whose hands you think your tax money goes?
they plain aim at monopolizing everything for ease of supervision. and they will eat ford for what old gramps ford did when he was in his prime. stepped on wrong toes. and they already owned GM and chrysler, just seperately, why not to consolidate?
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Old 10-14-2008, 07:24 PM
j cAT j cAT is offline
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Re: Chryverado? Sylvler?

Quote:
Originally Posted by ukrkoz
what you'll have in several yrs is several giant banks owned by the same consortium - Federal Reserve. who do you think gives money to government for any bailouts? and in whose hands you think your tax money goes?
they plain aim at monopolizing everything for ease of supervision. and they will eat ford for what old gramps ford did when he was in his prime. stepped on wrong toes. and they already owned GM and chrysler, just seperately, why not to consolidate?

the US treasury prints the currency...the more they print the worst our lives become...as the costs of everything rise to unaffordable levels...


the reason [so far] as to our current economic disastor was the oil spike [speculators] this 150/barrel for oil wiped out the world flow of investment capital..

GM continued to produce high profit gas guzzlers...and as we all know dumped the electric car that was under testing ....now its going to die, very soon..


back in 1973 the oil shortage, created by pissed off arabs , caused a run on the smaller asian vehicles ...that started the downfall , for the now small 3 domestic auto companies...


GM is not very smart when it comes to planning its future vehicle product line...also GM refuses to make a smaller high mpg vehicles of high quality...and this will end GM for good ,,,if it soon don't get capital and produce vehicles that the market is in need of...


trucks will need be produced as contractors and large property owners must have this equiptment to operate ..the days of owning a truck cuz it's cool are almost over..

enjoy the oil/gas prices now, but soon that oil will start spiking again....


If you don't have a job you won't need gas anyway...
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Old 10-14-2008, 08:49 PM
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Re: Chryverado? Sylvler?

Quote:
Originally Posted by j cAT
the US treasury prints the currency.....
sorry for starting a financial discussion in automotive forum, but do a simple experiment. pull any dollar bill out of your billfold. you see that FEDERAL RESERVE NOTE on it? does it say US TREASURY NOTE? nope.
ALL of american money is owned by Fed. even those that are not printed yet, and not even produced yet, as it all goes to cover interest us government ows Fed on its debt.
there's a saying: one who pays, orders music. so, if you did not know that your money is owned by a private bank, read this:
http://www.the7thfire.com/Politics%2...l_island-1.htm

or, for that matter, any other article that will tell you how Fed was initiated as privately owned bank.

and who owns it?
http://www.lawfulpath.com/ref/federal_reserve.shtml

and if you really dig into it, you'll see that GM and chrysler were already owned by the same bunch anyway.

and, as old man R........ said once, "give me ability to print country's money, and care I not who runs it and about its laws". arabs, right....
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