GM's losses Obama's failure: RNC says

Lipstick on a pig - that's what this rhetoric is. GM lost $1.2 BILLION. How on earth do you turn that into a positive? By claiming that without the government's takeover of GM, Ford would have failed?

That's the biggest crock of crap I've heard lately coming from the "Paid " help - media sheeple. The "Cash for Clunkers" was nothing but a false prophesy, selling cars at a one-time discount to people who were going to buy anyway. A one time spike in sales that did not help Government Motors.

Big sales in China?? that rhetoric will also backfire big time. Just look at the Obama backed tarrif increases on Chinese tires and the immediate backlash that caused and you media hacks try to spin that as well?

But wait! there's definately more to this garbage!

"GM said its improved performance is fueled by new products including the new Camaro, the Chevrolet Equinox and GMC Terrain crossover. The top sellers through October were the Chevrolet Silverado pickup truck and Impala sedan."

The twist of words is laughable! improved performance? fueled by??

The Camaro? an expensive "Boy Toy" and not the "Green" auto's this administration is pushing (who owns the controlling interest in Government Motors). Does the Camaro get 40+ MPG?

Ditto to the Chevrolet Equinox and GMC Terrain crossover, not the "Green" auto's being touted by the Obama administration. But let's just look at thier "biggest" seller's, the Chevrolet Silverado pickup truck (MPG please?) and Impala sedan.

Ford sells more F150 series truck's than any other company on the planet! but heck, they would have certainly bit the dust if the fed's hadn't taken control of GM??

Nonsense at best but certainly "in the bag" reporting from the Swamp!

Puleeease! So Obama trying to save the US automotive sector is a bad thing?

The RNC morons also blame Obama for the sky being blue, the grass being green and the Cubs 101 year World Series drought.

Hey Wingnuts, if you want to be angry (and when don't you?) about something, go shout at the financial institutions like Goldman Sachs that used our bailout money to make themselves richer by buying depressed assets instead of reinvesting the cash by buying stocks, helping lenders and promoting businesses. GM at least makes something that people can use and purchase, these financial guys just make themselves richer and then vote themselves bonuses because they have done so.

None of this would have happened in the first place if the Bushco Republicans hadn't tanked our economy by starting wars, giving tax cuts to billionaires and letting Wall Street run like a casino the last eight years.

Talking point 1:The unemployment numbers are too high and unacceptable!!!
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Talking point 2: We should not be bailing out auto industries. Let. Them. Fail!!!!
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Pray tell Right Wing Nutz, how would the unemployment numbers be lower if Obama had allowed the US auto industry to fail?? This is just a minor illustration of how hateful and bigotted and illogical your party has become.

And in a related story, Chicken Little stated the sky is falling.

Blame Obama, that's ridicuous. It's not his fault they build cars that are behind the times. They have had over 30 years to correct the problem, yet they continued to build the gas guzzlers. Next time let them fail.

Blame Obama, that's ridicuous. It's not his fault they build cars that are behind the times. They have had over 30 years to correct the problem, yet they continued to build the gas guzzlers. Next time let them fail.

Not exactly rocket science. If they want to be profitable they have to build their product in an atmosphere free of union wages….Nothing has changed…You can’t make a profit when you have to pay the UAW extortion wages & benefits…

As an American taxpaying stock holder in GM, can anyone tell me how to figure my rate of return on my investment?

Welcome to the upside down world of the right. Where success is failure. Weren't these the same people who thought producing a 6 mile to the gallon 60K $ Hummer was success?

Ford is doing fine all on its own, WITHOUT Obimbo meddling. For this crap of a shaministration to suggest likewise, and of course Mark Silva laps it up like a dog that went without water for a week, shows just how delusional these farcical morons are.
Certainly GM's problems began before Obimbo came along. But Obimbo has only made them worse, not better.

The comment above overlooks any of the facts that distinguish Ford from GM in the situations they faced and why one sunk and the other didn't. But that's nothing new.

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You can’t make a profit when you have to pay the UAW extortion wages & benefits…
Posted by: Chris | November 16, 2009 1:24 PM
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Yeah Chrissy, because we all know that the entire economic meltdown was caused by those damn blue collar union auto workers......NOT!

Please read it again little bill. You seem to miss everything as usual.

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Welcome to the upside down world of the right. Where success is failure. Weren't these the same people who thought producing a 6 mile to the gallon 60K $ Hummer was success?

Posted by: bill r. | November 16, 2009 2:13 PM

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This article rightly points out that GM lost $1.2 BILLION so......... where's the upsidedown success?

And what's the relationship to the Humer again??? I didn't see anything in this about a Hummer, unless that's you humming in the corner to yourself again.

But of course, the Camaro, GMC Terrain crossover and the Chevrolet Silverado pickup truck are all high MPG vehicles right? Do you not see the humor in this information?

President Obama claims to be running up all sorts fo "Green" jobs (where) and promoting "Green" cars (that's high MPG vehicles to those with little bill's understanding) and you fall for the rhetoric of "In its most recent $1-billion loss, General Motors sees progress."

Gotta love people like you little bill. You believe this garbage and try to defend it. But then, you never really defend any positions, you just call others names and believe that's all it takes.

What parts of this country do Liberals run, and how well are they doing?

The Obamafied auto industry? It sucks.
Inner city education? It sucks.
Detroit, which votes 94% Dem? It's a disaster area.
Illinois? No comment.
I could go on.....

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Certainly GM's problems began before Obimbo came along. But Obimbo has only made them worse, not better.

Posted by: John D, still right, as usual | November 16, 2009 2:23 PM
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Obama has made it worse?

Is that how right wing morons like you think about trying to save the US automotive sector that crashed and burned under Bushco?

This is what I love about low IQ Repug clowns like Lil' Johnny Dittohead here, they'll cut ther nose off (blue collar jobs) despite their face (tax cuts for billonaires) any day of the week. Just so long as they can get one of their Repug heroes in office.

NOV 2010 is only a year away. Let Team Obama keep doing what they are doing and they would make it easy.

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Posted by: Change in 2009--and 2012 | November 16, 2009 2:47 PM
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Teresa,
Hmmmmmm, so I guess this means you Wingnutters goons are taking ownership of the South, huh?

The South, that gets more Federal tax dollars than they put into the system. that has more uninsured people than anywhere else in the country...

"Today, Texas is on the brink, ranking last or near last in almost every category, from education to care for children and women, protecting our environment to providing access to capital to Texas' businesses. Here is the reality behind the rhetoric. 5.83 million Texans do not have health insurance—one in four—making Texas the least insured state in the nation. Not a single Texas city even reaches the national average in citizens with health insurance. From 2000 to 2007, Texas families saw their health insurance premiums soar 86.8 percent—nearly six times more than their median earnings increased," Senator Shapleigh said. 'Twenty-nine cents of every private pay health dollar now goes for denial management and administration—in other words, Texans are paying more for less health care. That's the reality. Now, what are lawmakers going to do about it?"
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http://shapleigh.org/news/2716-senator-shapleigh-to-release-texas-on-the-brink-how-texas-ranks-among-the-50-states-discuss-state-of-texas-health-care

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Gotta love people like you little bill. You believe this garbage and try to defend it. But then, you never really defend any positions, you just call others names and believe that's all it takes.

Posted by: springfield | November 16, 2009 2:41 PM
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Yeah bill r, you've gotta love Repug clowns like this Springfield idiot who want everyone to believe that Obama should have already cleaned up all of the messes that his beloved Bushco Repugs left behind for him in only 10 months.

Springfield the Clown, you Repukelican idiots aren't going to start earning any respect from American voters until you actually come up with some "good" plans of you're own. Crying that Obama and the Dems haven't cleaned up your mess yet may work in the Teabagger circles that you run in, but it doesn't cut it out here in the real world.

Steele's statements regarding GM are false and untrue. I don't believe he's capable of independent thinking. This man is a buffoon who makes less and less sense each time he opens his mouth. Pay no attention to him. This economy is in the condition it's in largely because of the previous administration and Congressional Republicans who blindly supported Bush #43 regardless.

Posted by: HHH | November 16, 2009 3:21 PM

Springfield the Clown, you Repukelican idiots aren't going to start earning any respect from American voters until you actually come up with some "good" plans of you're own. Crying that Obama and the Dems haven't cleaned up your mess yet may work in the Teabagger circles that you run in, but it doesn't cut it out here in the real world.
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Republican candidates have stretched their lead over Democrats to six points in the Generic Congressional Ballot. Forty-three percent (43%) would vote for their district’s Republican congressional candidate while 37% would opt for his or her Democratic opponent. Republicans have held the lead for over four months now.

And what real world do you mean. The one in which the Democrats running the Congress for 43 out of the last 50. Now who's mess is it really? Lets face it both parties are bad. Lets not forget the S&L and House Banking under the democrats. The last two bubbles go to both parties and if you think no, I ask what world have you been living in.

The comment above overlooks any of the facts that distinguish Ford from GM in the situations they faced and why one sunk and the other didn't. But that's nothing new.

Posted by: Mark Silva | November 16, 2009 2:26 PM

The comment was related to the way you lapped up this quote without questioning the underlying assumption. Of course Ford's situation was different than GM's, they were able to get a massive capital infusion just prior to the liquidity drought.

What you and the other libs here completely miss is that the administration's fingerprints were all over the bankruptacy proceedings. If GM had gone through a traditional bankruptcy, they wouldn't have failed and gone away, they would have been restructured with a clean slate from which to draw up new union contracts. Ford would not have failed and GM, in order to emerge from bankruptcy with an ongoing business would have done everything possible to keep its suppliers in business.

GM may be able to limp along and at some point make a profit. It is clear they still rely on large relatively fuel inefficient vehicles and will as long as the union has a say in how things are done. The real question is how long will the government be forced to hold its $50B stake in GM?

The administration says they don't want to be in the car business but they directly intervened in the process that made the government a major shareholder. You fail to acknowledge that even in the rosiest of projections there is little chance the government will extricate itself from this mess.

MhG,

Brilliant strawman argument you present there champ! I am not aruging that bluecollar workers caused the 'entire ecomomic meltdown', as you say.

Read what I wrote, and try not to let your own bias cloud your reading comprehension.

Fact of the matter is champ, GM is profitable in countries where it is not being strangled by the UAW.

This is indeed Nobama's baby!. It all started when he fired the GM ceo. This guy is suppose to be the President of the United States of America, he is not the "King" of America. Unfortunately he will be unable to undo the damage he has already created. He's floundering his way through the Presidency, the job is way beyond his capabilities. I'm afraid he has sold you people that voted him in office a bill of goods. One would have to ask question "Would you buy a used car from him". I don't think so.

Fact of the matter is champ, GM is profitable in countries where it is not being strangled by the UAW.

Posted by: Chris | November 16, 2009 4:43 PM
Agree , giving into UAW, was GM's big mistake and now its too late.

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And what real world do you mean. The one in which the Democrats running the Congress for 43 out of the last 50. Now who's mess is it really? Lets face it both parties are bad. Lets not forget the S&L and House Banking under the democrats. The last two bubbles go to both parties and if you think no, I ask what world have you been living in.

Posted by: Crooks_In_DC | November 16, 2009 4:27 PM
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Clown in DC,
The Repugs are going to pick up a few seats in 2010 because that's the natural order of things after a Pres election and the Dems have more seats to defend than Repugs do. The Repugs still won't win majorities in congress (House or Senate), and come 2012 the Repugs will be back to defending seats and running loser Presidential candidates again.

If the Repugs don't make some fundamental changes to their platform soon (like dumping the Teabaggers and coming up with some "good" policy proposals) they're going to go the way of the Whigs and beome extinct.
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http://voices.washingtonpost.com/thefix/parsing-the-polls/gallup-poll-gop-boat-springs-l.html
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Fact of the matter is champ, GM is profitable in countries where it is not being strangled by the UAW.
Posted by: Chris | November 16, 2009 4:43 PM
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Biff,
I read your Wingnut schtick and it's the same old "blame blue collar union workers for everything" that your hero Ronny Reagan tried selling everyone. In your deluded Wingnut mind, this country should be ran by the top 1%, and everyone else should be left to fight for the leftover trickle down scaps.

@ Paul,
Take a deep breath and remember this: it's going to take longer than 10 months to clean up the mess that you Republican goons created for America. In fact, we're probably still going to be cleaning up your messes 30-40 years from now.

So why don't go sit in the corner and put a sock in it. The grown-ups are in charge now..

@ Chris,
Auto workers in China make about $3 a day. Are saying we should become a Communist country?

F A I L

Posted by: HHH | November 16, 2009 6:13 PM

Clown in DC,
The Repugs are going to pick up a few seats in 2010 because that's the natural order of things after a Pres election and the Dems have more seats to defend than Repugs do. The Repugs still won't win majorities in congress (House or Senate), and come 2012 the Repugs will be back to defending seats and running loser Presidential candidates again.

If the Repugs don't make some fundamental changes to their platform soon (like dumping the Teabaggers and coming up with some "good" policy proposals) they're going to go the way of the Whigs and beome extinct.
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1st the Name calling is just childish.

2nd the Tea Party movements is a lot bigger them most even know. This movement is more then just republicans and white people the MSM is not doing their job on that side of the story. I saw that for myself.

3rd we need more movements in the USA. It would do us a lot of good if we had a major 3rd party and a few smaller ones holding sits in the congress.

4th and turning a blind eye to the polls (democrats) will not help. Obamacare is going down in the polls. Cap and Trade will most likely never make it to the floor and the polls show people do not want it.

5th To blame just one of the parties for what has happened here over the last 15 years is just plain dumb.

6th not knowing history will get you every time.

More delusions from Mark Silva:
The comment above overlooks any of the facts that distinguish Ford from GM in the situations they faced and why one sunk and the other didn't. But that's nothing new.

Posted by: Mark Silva | November 16, 2009 2:26 PM

Sorry, Mark. The article here says the Obimbo shaministration claims that Ford would have gone belly up if GM were not bailed out and then taken over by the government. How exactly? Please provide SOME information that backs up that claim.
Ford never asked for nor did it receive any money from the government. Ford made it on its own. If GM had filed for bankruptcy last fall like most conservatives wanted it too, Ford still would have been OK. If GM was not taken over by the government last spring, Ford still would have been OK. Why? Becuase it has a strong and successful overseas presence, which it has been applying to its U.S. operations the past couple of years. Ford is doing well because they are offering products that people want and have received high ratings from automotive and consumer groups. All of that was taking place BEFORE any government intrusion into GM or Chrysler.
During the Cash for Clunkers program, Americans flocked to Ford dealerships. They did not flock to GM or Chrysler dealerships.
And, this year the government closed thousands of GM and Chrysler dealerships, which will only hinder those companies NOW and in the future from GROWING. In fact, Mark, I interviewed some auto industry analysts who said just that. Fewer dealerships and plant shut downs does not bode well for GM and Chrysler and will only make whatever comeback they seek that much more difficult. Auto industry analysts, Mark. Simple, unbiased, objective reporting. Try it sometime. And don't take Obama administration directives as the gospel.
I know, this will get censored too. Freedom of speech, the First Amendment and criticism are three things the Chicago Tribune hates. It's as thin skinned as this joke of a presidency.

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2nd the Tea Party movements is a lot bigger them most even know. This movement is more then just republicans and white people 4th and turning a blind eye to the polls (democrats) will not help. Obamacare is going down in the polls
Posted by: Crooks_In_DC | November 16, 2009 8:14 PM
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Clown in DC,

The fact that right wing morons and their Health care insurance industry lobbyists can move poll numbers a little while a bill is being debated is not shocking. Especially when you consider that Repugs are doing nothing with their time but obstructing and fear mongering. Health care reform will pass and when it does the Republican party electoral goose is going to be cooked for at least a generation. If you want to believe otherwise, that's fine. In fact I like it that you Repugs believe your own circle jerk of "news" outlets like Faux and Rush.

The Teabagger "movement is nothing but a bunch of astroturfed stooges who are being led around by the nose by corporate lobbyists and Crazy Glenn Beck.

Clown, why don't you show us in these pictures where the minorities are. I see nothing but a bunch of toothless white rubes.
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http://community.livejournal.com/ontd_political/3983339.html#cutid1

Two letters:

B S

Champ,

Try, if you can, to distinguish between blue-collar workers and union orgainizations like the UAW. Can you compare and contrast? Give it shop, champ!

Attn' Planet Wingnuttia;
And when your taxes go through the roof with Nobama spending habits and the government get more of your paycheck than you do, you will come to your senses and realize the folly of ever electing this imposter. This guy is in way over his head. He should be back in Chicago handing out care packages, or maybe he could chauffeur for Boss Daley. Or he could read the news at NBC he must have a degree in "Teleprompter Reading".

Posted by: HHH | November 16, 2009 8:50 PM

Clown in DC,

The fact that right wing morons and their Health care insurance industry lobbyists can move poll numbers a little while a bill is being debated is not shocking. Especially when you consider that Repugs are doing nothing with their time but obstructing and fear mongering. Health care reform will pass and when it does the Republican party electoral goose is going to be cooked for at least a generation. If you want to believe otherwise, that's fine. In fact I like it that you Repugs believe your own circle jerk of "news" outlets like Faux and Rush.

The Teabagger "movement is nothing but a bunch of astroturfed stooges who are being led around by the nose by corporate lobbyists and Crazy Glenn Beck.

Clown, why don't you show us in these pictures where the minorities are. I see nothing but a bunch of toothless white rubes.
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Ok I tried but you are just acting like a little brat that is up to late. So put this in your crack pipe. As long as people like you think that the Tea Party is just about Obamacare you're never really get it.

Here you go about blacks for the Tea Party Movement.

http://www.bookerrising.net/2009/09/tea-party-protest-in-washington-dcand.html

http://stlouisteaparty.com/2009/08/07/union-thugs-deliver-unprovoked-beating-on-black-conservative-at-carnahan-town-hall/

http://www.resistnet.com/profiles/blogs/black-tea-party-express-tour

And what I saw in Chicago were people from all races and parties. So just keep doing what you're doing it only helps as the polls now show.

Don't pee in your oilpans, fellas.

GM is turning around, but will never be the same. Yes, there are continuing losses, but there are also rays of hope on the horizon.

It will soon begin paying back its government loan, WITH INTEREST.

There have been concessions with the unions, helping them become competitive again.

Buick (of all brands) is seen as a design leader in burgeoning markets like mainland China, for one major example.

The electric Volt is about to hit the streets, and will likely catch the eye of American buyers.

GM is a good example of a company bowing into a union, dowin the road its finally chocking GM to death.

Thirty-nine percent (39%) Strongly Disapprove giving Obama a Presidential Approval Index rating of -12
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Just 29% agree with the decision to try Khalid Shaikh Mohammed and five other terrorists suspects in a New York city courtroom. Fifty-one percent (51%) disagree.
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Support for the health care plan working its way through Congress is up to 47%, but 49% remain opposed.
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And just keep saying its not so about the Tea Party Movement. And in Nov 2010 see how well that works for you. No begin the childish name calling.

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And Team Obama do not want you to see these.

http://www.youtube.com/watch?v=cFeUhSlHiUQ

http://www.youtube.com/watch?v=sawN7uJ8s8s&feature=related

http://www.youtube.com/watch?v=8RLx05jgauU&feature=related

http://www.youtube.com/watch?v=7kQf1-V1Xf8&feature=related

Is that you PT? I mean the HHH stuff is only fooling a few of the idiot's who follow your childish thought process.

Your juvenile love for clowns is a wide eyed give away! but the name calling is your marker so keep it up!

Kenny B., you seem to be trying to put a happy face on an unmitigated disaster. GM will start paying back the 6.7 B in govt. loans with what? More borrowed money? They are bleeding 1.2B a quarter. And the 6.7B is a fraction of what they really owe; the govt. took the rest in equity. When will GM start to buy those shares back? When the "Volt" hits the market? If I wanted stock in this ruined company, I would have (foolishly) bought it. I chose not to. But now the govt. has chosen for me by dumping 50B into this company, only to see it file bankruptcy anyway. The one thing I agree with you on is that this once proud American icon will never be the same.

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Posted by: Crooks_In_DC | November 17, 2009 12:44 PM
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Clown in DC,
Keep believeing those Rasmussen polls, I actually like it that you Wingnutter rubes live in a fantasy-land. It does nothing but make the inevitable letdown/fail that you GOPer's are going to suffer even more satisfying for people like me.