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GM filed for bankruptcy today

Discussion in 'General Discussion' started by ironblade87, Jun 1, 2009.

  1. ironblade87

    ironblade87 Grand Master
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    GM filed for bankruptcy today

  2. MegaMatt

    MegaMatt Death Or Glory
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    GM filed for bankruptcy today

    Very bad news. My city (Oshawa) is home of the GM Canadian headquarters and GM employs a very large percentage of our population. Unemployment here has skyrocketed over the past few months and its getting a lot worse. (GM Canada was formed in 1918 by Robert Samuel McLaughlin who is a big name in Oshawa, I know quite a few of his descendents personally, and his mansion(now a national historic site, many big movies have been shot there such as Billy Madison) is just a few streets away from my home).
     
  3. TJ

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    GM filed for bankruptcy today

    About damn time. Only in america where we have free market, will the government step in to help a company, which obviously people do not like.

    Next is Chrystler
     
  4. MegaMatt

    MegaMatt Death Or Glory
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    GM filed for bankruptcy today

    The only reason the government stepped in was to avoid a depression, which now seems inevitable
     
  5. TJ

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    GM filed for bankruptcy today

    Yeah, because spending billions of dollars has really helped.

    Have you seen the national debt from last year to this year?
     
  6. DropKick Murphys

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    GM filed for bankruptcy today

    If only Obama would let it fail. Out with the inefficient who can't compete, and in with those who can, please.
     
  7. TJ

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    GM filed for bankruptcy today

    That would make too much sense. Let's put us in trillions of dollars more in debt, just to do nothing. It's not just obama, its everyone in washington.
     
  8. .Pot Head.

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    GM filed for bankruptcy today

    i dont realy know much of the company but my dad says gm cars suck. so i think they will fail imo.
     
  9. TJ

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    GM filed for bankruptcy today

    Way to base your opinion off your parents....


    http://www.youtube.com/watch?v=62Vsgl6SUZ0
     
  10. .Pot Head.

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    GM filed for bankruptcy today

    not parents but parent
    its just my dad that said it ;D
     
  11. ironblade87

    ironblade87 Grand Master
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    GM filed for bankruptcy today

    He's not going to. He'll be flamed and hated as the worst president in the history of the United States. He has to do things to please the people as well as the country.

    What a silly democratic notion.
     
  12. TJ

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    GM filed for bankruptcy today

    It's not just obama, bush was pushing for bailouts before obama got into presidency. It takes more than the president to get a bail out, mind you.
     
  13. K-3-V-1-N

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    GM filed for bankruptcy today

    Oh don't be silly TJ! It's our duty as American citizens to help out our fellow man, no matter how inefficient they are!

    Don't you see that Socialism is your friend?

    EDIT: ^ LOL

    Do not you see
     
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