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Detroit, 5:35 PM
Fri Nov 20
23 posts in the last 24 hours

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  • posts about #carpocalypsenow more →

    Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements

    STUDY: Each New GM Vehicle Costs Taxpayers $12,200

    Aptera Co-Founders Step Aside, All-Electric 2e Delayed Until 2010

    Why Do Republicans Hate American Automakers?

    Hummer Plans H4, H5 Amid Uncertain Future

    "New" GM Drops Totally Useless Financial Results

    GM To Begin Paying $6.7 Billion In Loans Ahead Of Schedule

    Daily Show: Cash For Clunkers Killing "$14 Billion" Demolition Derby Industry

    GM Chairman Asks U.S. To Pay Auto Execs More Money

    Ed Whitacre: GM Chairman, Shameless Self-Promoter

  • Your version of Internet Explorer is not supported. Please upgrade to the most recent version in order to view comments.

    Dsmvwl  Admin  Promote to frontpage Approve user Ban user ×
    Image of pres pres
    04:20 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements

    I told you, Idiocracy is coming true.
     Reply
    pres was starred pres was unstarred
    Image of Van Sarockin, rogue trebuchet Van Sarockin, rogue trebuchet
    03:42 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements
    Dude, that wasn't Jackie Chan you just decked!
     Reply
    Van Sarockin, rogue trebuchet was starred Van Sarockin, rogue trebuchet was unstarred
    Image of lilwillie lilwillie
    03:39 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements

     
     Reply
    lilwillie was starred lilwillie was unstarred
    Image of mr_dude mr_dude
    04:18 PM

    @lilwillie: Please obscure that with a large fish.
     Reply
    mr_dude was starred mr_dude was unstarred
    Image of Pew Pew BOOM Pew Pew BOOM
    03:33 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements
    So he did my brother? WTF!!!!
     Reply
    Pew Pew BOOM was starred Pew Pew BOOM was unstarred
    Image of mr_dude mr_dude
    04:23 PM

    @Pew Pew BOOM: How did your parents ever tell you apart?
     Reply
    mr_dude was starred mr_dude was unstarred
    Image of mr_dude mr_dude
    03:26 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements
    I imagine the negotiation started with a, "We don't blame you, but..."
     Reply
    mr_dude was starred mr_dude was unstarred
    Image of snapoversteer 'bout to get told snapoversteer 'bout to get told
    03:24 PM

    In reply to Obama Goes "Boom-Boom Pow" On South Korean-U.S. Auto Trade Agreements
    So, this would make the third trade war he has started in the midst of a recession? Can he possibly get any more brilliant?
     Reply
    snapoversteer 'bout to get told was starred snapoversteer 'bout to get told was unstarred
    Image of pauljones pauljones
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    I'm so going to buy a Silverado just to piss my neighbor off.
     Reply
    pauljones was starred pauljones was unstarred
    Image of RachelSklar RachelSklar
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    See, THIS is why I don't drive!
     Reply
    RachelSklar was starred RachelSklar was unstarred
    Image of mechimike mechimike
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    I think the only reason GM's able to start paying back the loans so quickly is simply they borrowed more than they needed to. Probably so they could start paying it back sooner, as a PR move. Like you said, GM's PR department isn't stupid, but they think the rest of us are.
     Reply
    mechimike was starred mechimike was unstarred
    Image of HurtsSoGood HurtsSoGood
    11/19/09

    @mechimike: So was GM in danger or not? If they didn't need the money, then they were blowing smoke up our asses. Which is it?
     Reply
    HurtsSoGood was starred HurtsSoGood was unstarred
    Image of Mr.choppers - Delenda Carthago Est Mr.choppers - Delenda Carthago Est
    11/19/09

    @HurtsSoGood: They needed money AND they were blowing smoke up our asses.

    Kind of like when you couldn't make rent right after you finished college, and scared your parents into lending you $1,500. But you didn't tell them that you spent $400 of this on concert tickets and beer, and when you paid them back $200 early it was just so that they'd forget about the remainder.
     Reply
    Edited by Mr.choppers - Delenda Carthago Est at 11/19/09 11:08 PM Mr.choppers - Delenda Carthago Est was starred Mr.choppers - Delenda Carthago Est was unstarred
    Image of mechimike mechimike
    10:08 AM

    @Mr.choppers - Delenda Carthago Est: There's a man who gets it.

    #tips
     Reply
    mechimike was starred mechimike was unstarred
    Image of lilwillie lilwillie
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    Politics is like a piss poor Magic show, not only is the show bullshit, even the slight of hand by both sides use is complete bullshit.
     Reply
    Edited by lilwillie at 11/19/09 11:30 AM lilwillie was starred lilwillie was unstarred
    Image of smalleyxb122 smalleyxb122
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    Incorrect. The cars are commodities, of which none are sold for less than the price of materials, therefore any monetary loss is associated with labor, manufacturing overhead, and administrative cost.

    Let's assume that the profit on the materials can outpace the facility overhead cost, and break it down to where all losses are associated with personnel, both labor and administration.

    Let us furthermore assume that the taxpayer funded loan was a gift, and that none of it will come back.

    Then, let us assume that the funds remained within North America.

    With approximately 112,000 employees in North America, 8.6 billion dollars works out to $76,785 per worker that the taxpayers have spent.

    Fire them all, and give me back my money. All $30 of it ($8.6 billion divided by the current US population of 300 million is only $28.67; The $1.33 is interest)
     Reply
    smalleyxb122 was starred smalleyxb122 was unstarred
    Image of oddfish oddfish
    11/19/09

    @smalleyxb122: 30 bucks is two beers and a lap dance. I'm with you.
     Reply
    oddfish was starred oddfish was unstarred
    Image of Corvette_Thunder_Wheres my trophy for participating in Jalopnik? Corvette_Thunder_Wheres my trophy for participating in Jalopnik?
    11/19/09

    @oddfish: What expensive clubs do you frequent!?
     Reply
    skitter promoted this comment Corvette_Thunder_Wheres my trophy for participating in Jalopnik? was starred Corvette_Thunder_Wheres my trophy for participating in Jalopnik? was unstarred
    Image of brandegee brandegee
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    Quick. Everyone buy an Aveo just to spite the taxbuyer. "Look at this! Look at it! Yeah, that's right! This pile of misery cost you 12 Grover Clevelands!"

    Also, faring, not fairing.
    /grammarian
     Reply
    brandegee was starred brandegee was unstarred
    Image of Alfisted Alfisted
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    Compared to how much each Tesla will cost us, this is a bargain.
     Reply
    Alfisted was starred Alfisted was unstarred
    Image of Brimful of Ash on the 78 Brimful of Ash on the 78
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    Another brilliant treatise from our friends at the Facepalm von Mises Institute.
     Reply
    Brimful of Ash on the 78 was starred Brimful of Ash on the 78 was unstarred
    Image of Mobius Mobius
    11/19/09

    In reply to STUDY: Each New GM Vehicle Costs Taxpayers $12,200
    No wonder the CTS-V is such a performance bargain(!)

    Hopefully, GM will learn the lesson and not stagnate. Next time, the taxpayers won't be so willing to hand over billions on a silver platter.

    But then again, this isn't exactly the first time, either. Do we, as a species, ever learn?
     Reply
    Edited by Mobius at 11/19/09 10:51 AM Mobius was starred Mobius was unstarred
    Image of krische krische
    11/19/09

    @Mobius: A person learns, people do not.
     Reply
    Mobius promoted this comment krische was starred krische was unstarred
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