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"Government Motors" returns to top of world's auto sales

Discussion in 'Sports and News' started by TigerVols, Jan 20, 2012.

  1. da man

    da man Well-Known Member

    Just FYI, I believe Hyundai and Kia are produced by the same company.
  2. Azrael

    Azrael Well-Known Member

    Why can't Wall Street be more patriotic?
  3. Ben_Hecht

    Ben_Hecht Active Member

    Hyundai is so obviously the value king, now, it's not even funny.
  4. Ben_Hecht

    Ben_Hecht Active Member

    (Endless Andrew Mellon / Willard Romney quotes about liquidating everything, and letting the venture-capitalists pick the bones, here).
  5. Azrael

    Azrael Well-Known Member

    Why does Wall Street hate America?
  6. Baron Scicluna

    Baron Scicluna Well-Known Member


    Funny how last summer, you heard Republicans screeching that little slogan in Wisconsin and Ohio and other places to make the public worker making $40K a year give up more in collective bargaining and health insurance rates. But when Obama and the Dems started using that term for Wall Street, suddenly it became an attack on the whole capitalistic system.
  7. Boom_70

    Boom_70 Well-Known Member

    One has nothing to do with the other.
  8. Ben_Hecht

    Ben_Hecht Active Member

  9. Azrael

    Azrael Well-Known Member

    Wall Street should be doing everything it can to sell shares in GM. Like a WWII bond drive.
  10. YankeeFan

    YankeeFan Well-Known Member

    The other thing is, did GM fix its long term problems?

    In a traditional bankruptcy, GM could have lined up financing ahead of time, and gotten rid of some of the terrible contracts they're locked into. They could have gotten out from under the healthcare & pension costs that are killing them.

    Also, people are forgetting that some of the biggest objections were raised over the fact that debt holders got screwed in this deal, and the unions got bailed out. That's not how it's supposed to work.
  11. BrianGriffin

    BrianGriffin Active Member

    If Kia WANTED to hire me as a spokesman, I'd be glad to take their money though...
  12. LongTimeListener

    LongTimeListener Well-Known Member

    Debt-holders absolutely can (and should) get screwed in the deal. The interest rate on bonds denotes the risk. Shouldn't bondholders be held to that "risk" that we are told they so willingly take on?
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