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  • Treasury Continues to Harpoon the Real Economy [View article]
    Ya
    They make such great products........that why everyone is lining up to buy the POS they produce. Let them all go under so Toyota or Honda can run the business. What a buch of jackasses.


    On Nov 12 11:26 AM Repper wrote:

    > This IS an ignorant rant. You may know i LITTLE about finance, but
    > you obviously know nothing about the auto industry.
    > I'm SO sick of people blasting the products produced by the US automakers.
    > The OBJECTIVE TRUTH is that they are building world class quality
    > cars and trucks with world class fuel efficiency. Compare styling
    > and they blow Toyota away. GM’s products are the benchmark in many
    > segments. Look at the data! And [really] look at the cars!
    > The problem is the perception that keeps getting perpetuated that
    > they don't build good cars and trucks. Many won't even look at them
    > because of this ridiculous, pervasive misconception.
    > Yes, they had problems in the 70’s, 80's and early 90's. They got
    > very complacent, and their products suffered. The companies have
    > changed drastically since then, they HAVE BEEN doing the right things,
    > but since so many consumers have written them off for past sins,
    > they are having trouble getting some people to even look at domestic
    > vehicles. Now with this perfect storm of the economy, and their legacy
    > costs they are obviously hurting.
    > Letting them fail would truly send the economy into deep depression.
    > Apparently most don't realize how much this manufacturing base effects
    > every part of our economy. Yes, it hurts to say we're gonna "bail
    > them out", but all they need is affordable loans to continue on the
    > RIGHT path of building great vehicles and getting ahead of the competition
    > with alternative fuel technologies. The American public would do
    > the most for their economy if they would just CONSIDER buying American.
    > It would help 'themselves' as well because the government can make
    > a good deal of money from these loans (see the Chrysler "bailout"
    > of the early 80s).
    > Before blindly bashing, please give a real look at the products that
    > are being produced today and educate yourself with the facts. Try
    > visiting gmfactsandfiction.com/.../ . Yes, it is compiled
    > by GM, but all the facts included are from third-party sources to
    > which links are provided. Dispel your misinformed misconceptions
    > about GM and the other domestic auto makers.
    Nov 12 14:18 pm |Rating: 0 0 |Link to Comment
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