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Thread: GM losses for Feb are HUGE

  1. #1

    GM losses for Feb are HUGE

    and the share price goes UP.

    That makes perfect sense.

    Why can't everybody else leave everybody else alone?

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  3. #2
    Cause the government gets to give them more money

  4. #3
    Why can't everybody else leave everybody else alone?

  5. #4
    On principle alone I would never invest in Government backed companies, its immoral and dangerous, for they must reap what they sow if we truly want to move on forward with sound policies, otherwise we all will reap stagnation and loss of liberty.
    John Adams:

    There is danger from all men. The only maxim of a free government ought to be to trust no man living with power to endanger the public liberty.

    Thomas Jefferson:

    No man has a natural right to commit aggression on the equal rights of another, and this is all from which the laws ought to restrain him. Support our small business. We accept Gold & Silver!
    We also donate 5% of our annual profits to a local charity not named Uncle Sam.

  6. #5
    So are they gonna start to force us to buy cars eventually?

  7. #6
    General Motors = Government Motors?
    Why can't everybody else leave everybody else alone?

  8. #7
    General Motors = Congressional Motors

    Behold! The future of the auto industry!

    "They [the Soviets] induce the Americans to adopt their own 'restructuring' and convergence of the Soviet and American systems ... Convergence will be accompanied by blood baths and political re-education camps in Western Europe and the United States. The Soviet strategists are counting on an economic depression in the United States and intend to introduce their reformed model of socialism with a human face as an alternative to the American system during the depression."
    Anatoliy Golitsyn The Perestroika Deception 1990

  9. #8
    the numbers...

    "General Motors' sales tumbled 53 percent from a year earlier, while Ford's U.S. sales fell 48 percent. Toyota's sales fell 40 "

    Gold is the money of kings, silver the money of gentlemen, barter the money of peasants and debt the money of slaves.

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  11. #9
    the numbers, yes. GM's tumble...

    HUGE = british understatement

  12. #10
    I heard on the news the other day that GM LOST an average of $3,700 per vehicle sold in 2008. That's pretty amazing, since the invoice price represents a 100% markup of a vehicle over the costs to produce it, in general. Then there's GMAC financing.

    Is this a FUN world or what?
    Last edited by Truth Warrior; 03-04-2009 at 09:54 AM.

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