Comments on: GM CEO to Washington: Im Not Asking for a Bailout http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/ Real-time news, information, and discussion about the Chevrolet Volt. Mon, 13 Feb 2012 03:11:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kat http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/#comment-84000 Kat Wed, 03 Dec 2008 18:13:59 +0000 http://gm-volt.com/?p=1272#comment-84000 The bail out would be temporary life support. They need real aggressive market value decisions and make mergers and restructure from inside out for a stable and stronger business plan...haven't we learned anything from the other bail outs? A CEO's luxury... A welfare check to take advantage of. The bail out would be temporary life support.

They need real aggressive market value decisions and make mergers and restructure from inside out for a stable and stronger business plan…haven’t we learned anything from the other bail outs? A CEO’s luxury… A welfare check to take advantage of.

]]> By: realist2008 http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/#comment-68329 realist2008 Wed, 17 Sep 2008 20:10:19 +0000 http://gm-volt.com/?p=1272#comment-68329 GM hasn't learned a darn thing in the past 100 years. All they have learned is how to build big, inefficient boats of poor quality. So they want the government to lend them money so they can continue the tradition of mediocrity. All this to save union jobs? What will the US Taxpayer get in return? Bent over their checkbooks. Let GM fail with their own money. Hold GM Management accountable and eliminate their bonuses UNTIL they turn things around WITHOUT a bail out or government loan. They wouldn't be going to the government if they could get a loan from the private sector but they are like the "toxic" mortgages that have bankrupted most of Wall Street. GM hasn’t learned a darn thing in the past 100 years. All they have learned is how to build big, inefficient boats of poor quality. So they want the government to lend them money so they can continue the tradition of mediocrity. All this to save union jobs? What will the US Taxpayer get in return? Bent over their checkbooks. Let GM fail with their own money. Hold GM Management accountable and eliminate their bonuses UNTIL they turn things around WITHOUT a bail out or government loan. They wouldn’t be going to the government if they could get a loan from the private sector but they are like the “toxic” mortgages that have bankrupted most of Wall Street.

]]> By: RichardC http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/#comment-68205 RichardC Wed, 17 Sep 2008 16:07:07 +0000 http://gm-volt.com/?p=1272#comment-68205 The Volt has horrid mileage too! Just looked it up. 50mpg, which is just a tad over HALF what the 2010 Prius gets. Double the price, half the mileage, less room, less tech, less durable. Talk about a loser car. The Volt has horrid mileage too! Just looked it up. 50mpg, which is just a tad over HALF what the 2010 Prius gets. Double the price, half the mileage, less room, less tech, less durable. Talk about a loser car.

]]> By: David http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/#comment-67947 David Wed, 17 Sep 2008 03:10:26 +0000 http://gm-volt.com/?p=1272#comment-67947 The only way to get out of a depression and bring manufacturing back to the United States--sad to say it and I don't want it to happen-- is . . . a world war. We have to do everything we can to avert it. But just look at history. The only way to get out of a depression and bring manufacturing back to the United States–sad to say it and I don’t want it to happen– is . . . a world war. We have to do everything we can to avert it. But just look at history.

]]> By: David http://gm-volt.com/2008/09/12/gm-ceo-to-congress-im-not-asking-for-a-bailout/#comment-67945 David Wed, 17 Sep 2008 03:06:56 +0000 http://gm-volt.com/?p=1272#comment-67945 GM should prosper or go bankrupt on its own merits...what were they doing with all that cash in the salad days of Hummer SUVs and sub-one-dollar gas? Time to pay the piper for their failure to R&D tool. No to a bailout for Detroit. I will buy my cars from those who knew what they were doing. They had their chance in the nineties to retool and did nothing. I agree with RichardC GM should prosper or go bankrupt on its own merits…what were they doing with all that cash in the salad days of Hummer SUVs and sub-one-dollar gas? Time to pay the piper for their failure to R&D tool. No to a bailout for Detroit. I will buy my cars from those who knew what they were doing. They had their chance in the nineties to retool and did nothing. I agree with RichardC

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