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Old 11-03-2008, 12:19 PM   #1 (permalink)
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GM Bailout was Denied!

So whatever that means. They were denied they have a good possibilty of failing.

Maybe they will be bought out by Kia?
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Old 11-03-2008, 04:08 PM   #2 (permalink)
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So whatever that means. They were denied they have a good possibilty of failing.

Maybe they will be bought out by Kia?

OH MY GAWD NO not even funny! LOL
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Old 11-03-2008, 04:33 PM   #3 (permalink)
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My understanding is they were simple denied the funds they wanted to buyout Chrysler with.
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Old 11-03-2008, 04:49 PM   #4 (permalink)
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Maybe they will be bought out by Kia?
How about YUGO??? Are those cars still being made?....End of Line
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Old 11-03-2008, 05:11 PM   #5 (permalink)
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My understanding is they were simple denied the funds they wanted to buyout Chrysler with.

Correct. Treasury denied funds to merge with Chrysler.
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Old 11-03-2008, 06:27 PM   #6 (permalink)
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Good. I've had enough of 'Capitalism on the way up, socialism on the way down."

I don't want to see GM go away, and I'm exceedingly tired of spending billions to bailout giant corporations (remember the airline bailouts after 9/11?).

You can't have it both ways: Low taxes, low oversight in good times, then taxpayer funded freebies when times are tough.
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Old 11-03-2008, 06:37 PM   #7 (permalink)
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How about YUGO??? Are those cars still being made?....End of Line
At least the SKY would have an optional automatic top. That should make the reviewers at Forbes happy.

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Old 11-03-2008, 06:41 PM   #8 (permalink)
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So whatever that means. They were denied they have a good possibilty of failing.

Maybe they will be bought out by Kia?
And they could produce a SKia.
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Old 11-03-2008, 11:51 PM   #9 (permalink)
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I wouldn't give them any govt money unless they agreed to bring back all production that's been outsourced overseas or south of the border.
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