Detroit Auto CEOs Batesoled by congress
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- ********
- Llyod0
they live sheltered lives
- brandelec0
put your hands up for detroit
- Mimio0
Most ignorant story since the election coverage.
- please explain********
- Well...did they expect them to car pool to D.C.? The story is a harmful distraction.Mimio
- it illustrates a point on the mindset of the auto industry leadership in detroit.********
- It really doesn't. The press is trying to put it on par with AIG's off site conference/retreats.Mimio
- Economy and industry are correcting themselves. We will all do the same. Don't charge me because idiots arent buying hummers.ornj
- hummers.ornj
- Corect me if im wrong, but wasnt it a representative from ny who pointed it out, not the press.********
- please explain
- mcLeod0
^not ignorant at all. it was a stupid decision. If a hobo walks over to you in brand new Jordans and he asks you for $5, what would you tell him?
the washington post isn't the only one calling them out
http://www.thestar.com/news/worl…- That's like the kid I saw begging for change one day, when the previous day he was playing a PSP.Gilt001
- Mimio0
Well, they're asking for loans not a hand out. The credit market is fucked, otherwise they'd get one there. Do you dress in rags when you get a small business loan?
- I'm pretty sure "loan" is a loose term********
- When has a US auto company ever not repaid a loan?Mimio
- When have you taken automobile-testicles out of your mouth? Huh? Ever?********
- Why get personal? Didn't realize we hurling insults yet. lolMimio
- I'm right and youre wrong times infinity. Suck it.
lol********
- I'm pretty sure "loan" is a loose term
- Mimio0
Anyways, it's a far better investment than giving 3/4 of a trillion dollars to banks who sell fraudulent investment products.
- monNom0
well, if you consider giving loans to insolvent businesses an 'investment' then sure...
- mcLeod0
whether its a loan or a hand out is irrelevant. for such high profile people in a high profile situation they should have known how they would be perceived.
How I dress to apply for a loan and how I get myself to the bank to ask for it are 2 completely different issues. I just know that if I am losing money like crazy then I leave my benzo in the garage and pedal down to the bank.
- Mimio0
Isn't the point to bridge them so they can meet their restructuring goals? The alternative isn't pretty.
- kona0
walking down the street, who would you more likely give your money to if they were both asking for handouts?
- i don't give my money away to anyone. I work for it and so should you.mcLeod
- apparently you don't know my history with hobos. i don't give them my money either.kona
- i meant the royal 'you'. not you specifically konamcLeod
- Geez, definitely not the douchebag who buttons BOTH buttons on his two button suit!Gilt001
- ********0
The alternative is that it is a useless leadership of an inferior product.
- ********0
And another thing, the detroit auto industry has had plenty of time to restructure.
- mcLeod0
I am from detroit and I hate seeing my city crumbling. however the automaker brass need to stop acting like spoiled trust fund babies and take a serious boot in the ass.
Mitt Romney lays it out
http://www.nytimes.com/2008/11/1…
- Mimio0
Anyways, the loans aren't going to happen. So we're all going to see how it plays out.
- mcLeod0
they still might get some money if they can get a decent plan in front of congress in a couple weeks
- MrOneHundred0
They should give/lend money to companies like Tesla who have already shown initiative of their own to leave the outmoded ways behind. The big 3 would still be playing catch-up long after the bail-out money was spent.
- free_0
is batesoled being misused here? congress didn't steal anything... more like the CEOs batesoled us. i say, we tell them they have to adopt new fuel solutions in exchange for our money... what do you say???
- ********0
"Anyways, it's a far better investment than giving 3/4 of a trillion dollars to banks who sell fraudulent investment products. "
The fact that these instruments have zero regulation and are not traded on an exchange does not make them fraudulent.
- Mimio0
Adopt new fuels, on what infrastructure? The auto companies produce over 600,000 flex fuel vehicle since 2001. You just don't see E85 at the pumps.
- gentleman0
ok wait a minute...
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i've read the thread - and i still dont get it..
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batesole = stealing (right?) fuck knows why and i dont care...
but whats going on here? does batesole mean stealing or does it mean something else..
i cant leave my computer for a day or you kids have invented another shit meme - stop it yeah? just stop it.. let the old dweeb catch up.
batesole = ?????
gogogogo