Economy
Related: About this forumIs it true that GM is going broke? If so, does anyone know what went wrong?
Scootaloo
(25,699 posts)If it's from someone on the right, then the answer is pretty certainly "no."
cleduc
(653 posts)doc03
(35,389 posts)chelsea0011
(10,115 posts)to fly the idea that GM is on the verge of total collapse. They can float this idea for a couple of months and get all the mileage they need.
OnlinePoker
(5,727 posts)General Motors Is Headed For Bankruptcy -- Again
President Obama is proud of his bailout of General Motors. Thats good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market...
http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/
2pooped2pop
(5,420 posts)an appealing design.
Politicalboi
(15,189 posts)Osama bin Laden ALIVE!. It's probably the next trick of many the Repukes have in store for us. August 16th 1977 Elvis died, and now 35 years later he seen with Osama bin Laden and Dick Cheney is an undisclosed location.
I could get shot but, the undisclosed location is the old shut down Van Nuys GM plant in Ca.
secondwind
(16,903 posts)BlueStreak
(8,377 posts)GM stock has been steady at about $20 for 3 months, and today it went UP by 6%. That seems like a strange thing to happen to the stock of a company going belly up.
Wellstone ruled
(34,661 posts)from Frobes,whom hated the GM bailout. GM has a day or reckoning coming some time next year when Treasury decides to sell their shares into the market. Remember,Timmy the fake is done by New Years,the new person will have a new mandate. Same goes for the Holder,he's back to Coving-Burling,watch out big banks.
Po_d Mainiac
(4,183 posts)Ikonoklast
(23,973 posts)He totally ignores the market GM has in China; the U.S. market is secondary to sales of GM in China now.
And he flouts Volkswagen, who are having quality control problems that are keeping people from buying that all important NEXT car...and it won't be another Volkswagen, no matter what Car and Driver says.
Hell, Car and Driver was still gaga over Toyota years after their quality peaked, and they, too, were suffering some rather large quality control issues.
Car and Driver's opinion on anything is a lagging indicator, at best.