tag:blogger.com,1999:blog-196554259323465442.post3648337762163310812..comments2023-10-27T03:41:13.171-07:00Comments on Warning Signs: The General Motors DebacleAlan Carubahttp://www.blogger.com/profile/10901162110385985193noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-196554259323465442.post-43929256605154414322011-04-28T10:38:18.079-07:002011-04-28T10:38:18.079-07:00Note that the Canadian government owns a percentag...Note that the Canadian government owns a percentage. Based on the amount of money paid in and the percentage owned, the Canucks break even at $40 per share. And this present sale is going through at $31?<br /><br />The Obamination not only puts the shaft to the US taxpayer, he shafts the neighbors as well.Desertrathttps://www.blogger.com/profile/09860257698839313423noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-54264417142350033652011-04-26T01:37:04.564-07:002011-04-26T01:37:04.564-07:00@Alan - you have to wonder who is buying the stock...@Alan - you have to wonder who is buying the stock at these reduced prices? The government buys stock in a failing company via a tax-payer bailout and then sells the company at a 'loss' to one of their friends - who will most likely file for bankruptcy and re-structure - just as the company should've done in the first place - saving the new owners billions. Redistribution at its best.Lime Litehttps://www.blogger.com/profile/15062140213877618320noreply@blogger.comtag:blogger.com,1999:blog-196554259323465442.post-22885478189473783292011-04-25T23:06:31.945-07:002011-04-25T23:06:31.945-07:00Complete and utter madness, Alan. Willful wastefu...Complete and utter madness, Alan. Willful wastefull spending of borrowed future taxpayer dollars.<br /><br />The best answer is to allow failing companies to fail.<br /><br />I just bought a really nice Ford Ranger 1/2 ton pickup last week. Runs on gasoline. Small engine, hand-cranked windows, no bells and whistles other than a 5-speed automatic tranny. No gubmint motors cars for me.<br /><br />Electric vehicles are the pits. Has no one owned a lithium-battery power tool before????LarryOldtimerhttps://www.blogger.com/profile/10811006386363706079noreply@blogger.com