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	<title>Comments on: GM Reportedly Planning to File For Bankruptcy on June 1</title>
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	<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/</link>
	<description>Real-time news, information, and discussion about the Chevrolet Volt.</description>
	<lastBuildDate>Sat, 21 Nov 2009 05:07:32 -0800</lastBuildDate>
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		<title>By: Twitch</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115954</link>
		<dc:creator>Twitch</dc:creator>
		<pubDate>Sat, 30 May 2009 04:12:55 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115954</guid>
		<description>Open-Mind has it right.  
I&#039;m a laborer (assembly) for a plant that is the main supplier of brake corners for GM vehicles (and only GM vehicles).  The UAW has done little more than give our benefits away, kicking out workers and spreading thin the small amount of us they have left.  13 of our 15 suppliers are going to shut down for 9 weeks (supposedly).  Meaning 90% of our work is going to be gone.

As usual, 9 weeks will turn into 12, 16, and so forth.  

I should have took the fucking buyout :/</description>
		<content:encoded><![CDATA[<p>Open-Mind has it right.<br />
I&#8217;m a laborer (assembly) for a plant that is the main supplier of brake corners for GM vehicles (and only GM vehicles).  The UAW has done little more than give our benefits away, kicking out workers and spreading thin the small amount of us they have left.  13 of our 15 suppliers are going to shut down for 9 weeks (supposedly).  Meaning 90% of our work is going to be gone.</p>
<p>As usual, 9 weeks will turn into 12, 16, and so forth.  </p>
<p>I should have took the fucking buyout :/</p>
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		<title>By: Preseli</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115949</link>
		<dc:creator>Preseli</dc:creator>
		<pubDate>Sat, 30 May 2009 02:22:39 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115949</guid>
		<description>ThombDBhomb Says: 
May 29th, 2009 at 9:25 am 

Is the goal socialism? I honestly don’t think so.
______________________________________________

I don&#039;t think so either.  

If the goal were socialism, we would be taking money from wealthy bankers and stock holders and redistributing that wealth to the American public.  Instead, we are taking money from the American public, and redistributing it to wealthy stockholders, bankers, etc., who happen to also be significant campaign contributors to Christopher Dodd, Barack Obama, Harry Reid, etc.

I think the *goal* is a merger of State and Corporate interests, Thomb, pretty much as you describe:

&quot;Are we so partisan that we think one side must dominate the other? Do we need complete free market? Do we need communism? I think we need symbiosis. The goal should be a prosperous US. Prosperity means businesses succeeding, workers earning decent wages, and investors making a decent return.&quot;

Who cares what we have -- as long as the State mandates it, we&#039;ll all be prosperous, right?</description>
		<content:encoded><![CDATA[<p>ThombDBhomb Says:<br />
May 29th, 2009 at 9:25 am </p>
<p>Is the goal socialism? I honestly don’t think so.<br />
______________________________________________</p>
<p>I don&#8217;t think so either.  </p>
<p>If the goal were socialism, we would be taking money from wealthy bankers and stock holders and redistributing that wealth to the American public.  Instead, we are taking money from the American public, and redistributing it to wealthy stockholders, bankers, etc., who happen to also be significant campaign contributors to Christopher Dodd, Barack Obama, Harry Reid, etc.</p>
<p>I think the *goal* is a merger of State and Corporate interests, Thomb, pretty much as you describe:</p>
<p>&#8220;Are we so partisan that we think one side must dominate the other? Do we need complete free market? Do we need communism? I think we need symbiosis. The goal should be a prosperous US. Prosperity means businesses succeeding, workers earning decent wages, and investors making a decent return.&#8221;</p>
<p>Who cares what we have &#8212; as long as the State mandates it, we&#8217;ll all be prosperous, right?</p>
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		<title>By: Thomas Gilling</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115940</link>
		<dc:creator>Thomas Gilling</dc:creator>
		<pubDate>Fri, 29 May 2009 23:16:42 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115940</guid>
		<description>ONE HUNDRED AND ONE!!!!</description>
		<content:encoded><![CDATA[<p>ONE HUNDRED AND ONE!!!!</p>
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		<title>By: Podria GM declararse en bancarrota el 1 de Junio</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115934</link>
		<dc:creator>Podria GM declararse en bancarrota el 1 de Junio</dc:creator>
		<pubDate>Fri, 29 May 2009 22:46:35 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115934</guid>
		<description>[...] cuentan en gm-volt.com , La posición financiera de GM ha ido disminuyendo desde hace años a pesar de todos los esfuerzos [...]</description>
		<content:encoded><![CDATA[<p>[...] cuentan en gm-volt.com , La posición financiera de GM ha ido disminuyendo desde hace años a pesar de todos los esfuerzos [...]</p>
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		<title>By: Open-Mind</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115933</link>
		<dc:creator>Open-Mind</dc:creator>
		<pubDate>Fri, 29 May 2009 22:46:10 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115933</guid>
		<description>Folks seem to be confusing the UAW organization with the GM factory workers who are (supposedly) represented by the UAW. The UAW workers are mostly a valuable asset to Detroit.  The UAW organization is a horrible cancer that has been eating away Detroit for years.  And bankruptcy could have been like chemo to kill that cancer.

Fortunately our wonderful President is pulling all the strings he can to protect the UAW cancer.  The GM bond holders are screwed, and the GM stock holders are super-screwed. But the good old UAW cancer will emerge from this as strong as an ox.  Thank you President Obama for screwing everyone except your UAW buddies who got you elected.</description>
		<content:encoded><![CDATA[<p>Folks seem to be confusing the UAW organization with the GM factory workers who are (supposedly) represented by the UAW. The UAW workers are mostly a valuable asset to Detroit.  The UAW organization is a horrible cancer that has been eating away Detroit for years.  And bankruptcy could have been like chemo to kill that cancer.</p>
<p>Fortunately our wonderful President is pulling all the strings he can to protect the UAW cancer.  The GM bond holders are screwed, and the GM stock holders are super-screwed. But the good old UAW cancer will emerge from this as strong as an ox.  Thank you President Obama for screwing everyone except your UAW buddies who got you elected.</p>
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		<title>By: CS Guy</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115932</link>
		<dc:creator>CS Guy</dc:creator>
		<pubDate>Fri, 29 May 2009 22:45:02 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115932</guid>
		<description>Will 40 says: &quot;With the Feds in the drivers seat, GM will be managed about as responsibly as Social Security, Medicare, and Medicaid&quot;

1. Social Security is in trouble now because politicians (starting with George Bush senior) raided the fund year after year to artificially lower (aka, falsify) their deficit. This should have been illegal and impossible. Now we (those under 50 today) will pay the price for George Bush trying to look less incompetent as a president.

2. Medicare/Medicaid. Much needed programs without which many people would suffer or die unnecessarily. I suppose that is what you&#039;d prefer.

The problem with them is that doctors and others keep committing fraud and charging for services never performed. That is a small part of it. But the largest cause of rising costs is that the entire medical industry can basically write its own price for services it performs. Each year the cost of medical treatment has gone up (nearly every year so far) far higher than inflation, in 2008 it increased at twice the inflation rate. Medicare and Medicaid are hostages to that runaway industry. 

How would you like it if grocery stores could increase the price of food every year at 2 or 4 times the inflation rate? You&#039;d be pretty unhappy that you have to shop at a grocery store sometimes, no? The problem in Medicare and Medicaid is they are on a &quot;Pay for Service&quot; basis so doctors and hospitals have an incentive to perform a LOT of services, irregardless if the patient needs that service or not. They are going to switch to a &quot;Pay for Outcome&quot; basis with a focus on better health. So don&#039;t blame the government. Blame doctors&#039; $$$ GREED $$$.</description>
		<content:encoded><![CDATA[<p>Will 40 says: &#8220;With the Feds in the drivers seat, GM will be managed about as responsibly as Social Security, Medicare, and Medicaid&#8221;</p>
<p>1. Social Security is in trouble now because politicians (starting with George Bush senior) raided the fund year after year to artificially lower (aka, falsify) their deficit. This should have been illegal and impossible. Now we (those under 50 today) will pay the price for George Bush trying to look less incompetent as a president.</p>
<p>2. Medicare/Medicaid. Much needed programs without which many people would suffer or die unnecessarily. I suppose that is what you&#8217;d prefer.</p>
<p>The problem with them is that doctors and others keep committing fraud and charging for services never performed. That is a small part of it. But the largest cause of rising costs is that the entire medical industry can basically write its own price for services it performs. Each year the cost of medical treatment has gone up (nearly every year so far) far higher than inflation, in 2008 it increased at twice the inflation rate. Medicare and Medicaid are hostages to that runaway industry. </p>
<p>How would you like it if grocery stores could increase the price of food every year at 2 or 4 times the inflation rate? You&#8217;d be pretty unhappy that you have to shop at a grocery store sometimes, no? The problem in Medicare and Medicaid is they are on a &#8220;Pay for Service&#8221; basis so doctors and hospitals have an incentive to perform a LOT of services, irregardless if the patient needs that service or not. They are going to switch to a &#8220;Pay for Outcome&#8221; basis with a focus on better health. So don&#8217;t blame the government. Blame doctors&#8217; $$$ GREED $$$.</p>
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		<title>By: Red HHR</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115929</link>
		<dc:creator>Red HHR</dc:creator>
		<pubDate>Fri, 29 May 2009 22:18:32 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115929</guid>
		<description>#53 Carcus1,

Not sure what it has to do with Volts, however I love the flying kind of RV....</description>
		<content:encoded><![CDATA[<p>#53 Carcus1,</p>
<p>Not sure what it has to do with Volts, however I love the flying kind of RV&#8230;.</p>
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		<title>By: Red HHR</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115927</link>
		<dc:creator>Red HHR</dc:creator>
		<pubDate>Fri, 29 May 2009 22:15:14 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115927</guid>
		<description>#48 kdawg,

Thanks, I like the second picture. I will make it a screensaver.</description>
		<content:encoded><![CDATA[<p>#48 kdawg,</p>
<p>Thanks, I like the second picture. I will make it a screensaver.</p>
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		<title>By: Ecolinks for Friday, 29 May</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115925</link>
		<dc:creator>Ecolinks for Friday, 29 May</dc:creator>
		<pubDate>Fri, 29 May 2009 21:54:42 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115925</guid>
		<description>[...] How will General Motors&#8217; impending bankruptcy effect the company&#8217;s green auto plans? GM stock dropped to junk pricing today on the expectation that the auto giant will file for protection Monday. But the GM-Volt blog says the company&#8217;s greatly anticipated electric hybrid program shouldn&#8217;t be interrupted. The rumored plan is said to transfer GM&#8217;s best assets to a new &#8212; and debt free &#8212; company with 90 days. Production within these cherry picked programs should continue through the bankruptcy process. [...]</description>
		<content:encoded><![CDATA[<p>[...] How will General Motors&#8217; impending bankruptcy effect the company&#8217;s green auto plans? GM stock dropped to junk pricing today on the expectation that the auto giant will file for protection Monday. But the GM-Volt blog says the company&#8217;s greatly anticipated electric hybrid program shouldn&#8217;t be interrupted. The rumored plan is said to transfer GM&#8217;s best assets to a new &#8212; and debt free &#8212; company with 90 days. Production within these cherry picked programs should continue through the bankruptcy process. [...]</p>
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		<title>By: Tall Pete</title>
		<link>http://gm-volt.com/2009/05/28/gm-reportedly-planning-to-file-for-bankruptcy-on-june-1/#comment-115922</link>
		<dc:creator>Tall Pete</dc:creator>
		<pubDate>Fri, 29 May 2009 21:39:15 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=1685#comment-115922</guid>
		<description>#49 Statik :
Geesh, you guys are all so negative.
-------------------------------------------------------------------------------------------------------------------------
You made me laugh so hard   : -))</description>
		<content:encoded><![CDATA[<p>#49 Statik :<br />
Geesh, you guys are all so negative.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-<br />
You made me laugh so hard   : -))</p>
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