Comments on: Basic facts on the General Motors bankruptcy http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/ Your guide to American economic policy Sun, 14 Mar 2010 16:17:34 -0400 http://wordpress.org/?v=abc hourly 1 By: Clifford@Used cars http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-14888 Clifford@Used cars Tue, 26 Jan 2010 13:56:14 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-14888 These car grants are a hiden money maker i think. In August 2009, the Obama administration announced a $2.4 billion investment in hybrid cars. These cars did not even over take diesel cars for having the green car of the year so what benefit are these cars. They cost more and although they are suppost to be eco friendly cars they also will be very expensive to mend wants they are damaged and they will never last as long as diesel or petrol cars. Which brings me to my next point once these cars are past there sell by date will the cash for clunkers legislation come back into place? <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('14888','Clifford@Used cars '); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('14888','Clifford@Used cars ','These car grants are a hiden money maker i think. In August 2009, the Obama administration announced a $2.4 billion investment in hybrid cars. These cars did not even over take diesel cars for having the green car of the year so what benefit are these cars. They cost more and although they are suppost to be eco friendly cars they also will be very expensive to mend wants they are damaged and they will never last as long as diesel or petrol cars. Which brings me to my next point once these cars are past there sell by date will the cash for clunkers legislation come back into place? '); return false;">Quote</a></div> These car grants are a hiden money maker i think. In August 2009, the Obama administration announced a $2.4 billion investment in hybrid cars. These cars did not even over take diesel cars for having the green car of the year so what benefit are these cars. They cost more and although they are suppost to be eco friendly cars they also will be very expensive to mend wants they are damaged and they will never last as long as diesel or petrol cars. Which brings me to my next point once these cars are past there sell by date will the cash for clunkers legislation come back into place?
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]]> By: Novated Lease http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-6718 Novated Lease Tue, 18 Aug 2009 01:36:25 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-6718 After the economic chaos subsides, we will need to face the facts the major national governments own the big companies which is something we have never had to face before. It will be interesting to see the repercussions of this. Even here in Australia, our government is only too willing to "bail out" large corporations - I understand that this is to keep some sort of stability in the economy but long term, who pays back our government debts? <div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('6718','Novated Lease'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('6718','Novated Lease','After the economic chaos subsides, we will need to face the facts the major national governments own the big companies which is something we have never had to face before. It will be interesting to see the repercussions of this. Even here in Australia, our government is only too willing to "bail out" large corporations - I understand that this is to keep some sort of stability in the economy but long term, who pays back our government debts? '); return false;">Quote</a></div> After the economic chaos subsides, we will need to face the facts the major national governments own the big companies which is something we have never had to face before. It will be interesting to see the repercussions of this. Even here in Australia, our government is only too willing to "bail out" large corporations – I understand that this is to keep some sort of stability in the economy but long term, who pays back our government debts?
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]]> By: private fleet http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-5680 private fleet Tue, 11 Aug 2009 00:16:17 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-5680 In Australia, Holden (the local GM manufacturer) have just secured a $200m line of credit (that's on top of $150m green car grant) but who knows how this tax payer money will be spent? Still too reliant on large car manufacture I think.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('5680','private fleet'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('5680','private fleet','In Australia, Holden (the local GM manufacturer) have just secured a $200m line of credit (that\'s on top of $150m green car grant) but who knows how this tax payer money will be spent? Still too reliant on large car manufacture I think.'); return false;">Quote</a></div> In Australia, Holden (the local GM manufacturer) have just secured a $200m line of credit (that’s on top of $150m green car grant) but who knows how this tax payer money will be spent? Still too reliant on large car manufacture I think.
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]]> By: Pissedofexdealer http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-764 Pissedofexdealer Thu, 04 Jun 2009 00:25:59 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-764 Today I have heard it all...now GM and Chrysler are shutting down and turning there backs on the dealers that were there for them for years, decades, and even a century. I know for a fact that GM shut down dealers that they didnt politicaly like. They can do that now because bankrupcy allows that. Nothing has changed...GM is now choosing who will be there hen pecked dealers..I have a question...what does closing dealers down do to the structure of GM or Chrysler...nothing the dealers are there best customers....it has always been said that the manufacturer sells retail to the dealers and they sell wholesale to the public. There are people out there that will challenge what i have to say but im telling you i know inside information. I was a dealer in the 80's and the 90's and was pushed out by GM and roger smith and GM's plan 2000. The public never heard, the public never knew. I am fortunate enough to still have friends at GM who i comunicate with...its a joke. I know of at least 6 people who have lost their jobs with GM because the top of the heap dosent know how to run GM.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('764','Pissedofexdealer'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('764','Pissedofexdealer','Today I have heard it all...now GM and Chrysler are shutting down and turning there backs on the dealers that were there for them for years, decades, and even a century. I know for a fact that GM shut down dealers that they didnt politicaly like. They can do that now because bankrupcy allows that. Nothing has changed...GM is now choosing who will be there hen pecked dealers..I have a question...what does closing dealers down do to the structure of GM or Chrysler...nothing the dealers are there best customers....it has always been said that the manufacturer sells retail to the dealers and they sell wholesale to the public.\n\nThere are people out there that will challenge what i have to say but im telling you i know inside information. I was a dealer in the 80\'s and the 90\'s and was pushed out by GM and roger smith and GM\'s plan 2000. The public never heard, the public never knew. I am fortunate enough to still have friends at GM who i comunicate with...its a joke. I know of at least 6 people who have lost their jobs with GM because the top of the heap dosent know how to run GM.'); return false;">Quote</a></div> Today I have heard it all…now GM and Chrysler are shutting down and turning there backs on the dealers that were there for them for years, decades, and even a century. I know for a fact that GM shut down dealers that they didnt politicaly like. They can do that now because bankrupcy allows that. Nothing has changed…GM is now choosing who will be there hen pecked dealers..I have a question…what does closing dealers down do to the structure of GM or Chrysler…nothing the dealers are there best customers….it has always been said that the manufacturer sells retail to the dealers and they sell wholesale to the public.

There are people out there that will challenge what i have to say but im telling you i know inside information. I was a dealer in the 80’s and the 90’s and was pushed out by GM and roger smith and GM’s plan 2000. The public never heard, the public never knew. I am fortunate enough to still have friends at GM who i comunicate with…its a joke. I know of at least 6 people who have lost their jobs with GM because the top of the heap dosent know how to run GM.

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]]> By: Keith Hennessey: Basic facts on the “new” General Motors | The Kansas Progress http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-767 Keith Hennessey: Basic facts on the “new” General Motors | The Kansas Progress Wed, 03 Jun 2009 19:44:59 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-767 [...] Source: [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('767','Keith Hennessey: Basic facts on the “new” General Motors | The Kansas Progress'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('767','Keith Hennessey: Basic facts on the “new” General Motors | The Kansas Progress','[...] Source: [...]'); return false;">Quote</a></div> [...] Source: [...]
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]]> By: mhenson400 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-4/#comment-766 mhenson400 Wed, 03 Jun 2009 19:40:57 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-766 Jim – “My question, therefore, is how, when, and where I can sell my interest in GM?”

You do not own have any interest in GM. Private shareholders get 0% of the takeover. The government gets 70%, the unions will get the rest.

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]]> By: mhenson400 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-5/#comment-765 mhenson400 Wed, 03 Jun 2009 19:33:34 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-765 Nice Deb states – “The GM bankruptcy plan typifies what Rush Limbaugh is calling Obama’s socialist trifecta: Socialism, protectionism, cronyism.”

Rush Limbaugh bought a new Chevy Tahoe on Monday June 1, 2009. The very same day that the government stole General Motors. He mentioned that on his show on Tuesday.

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]]> By: Pix http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-763 Pix Tue, 02 Jun 2009 12:15:15 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-763 JEM, I couldn't agree more. Well put.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('763','Pix'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('763','Pix','JEM,\nI couldn\'t agree more. Well put.'); return false;">Quote</a></div> JEM,
I couldn’t agree more. Well put.
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]]> By: A GM Bankruptcy Fact Sheet and Good Thoughts from a Smart Man on the Subject - AIP Blog - American Issues Project http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-2/#comment-762 A GM Bankruptcy Fact Sheet and Good Thoughts from a Smart Man on the Subject - AIP Blog - American Issues Project Tue, 02 Jun 2009 03:45:07 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-762 [...] blog posts up today on the government takeover of General Motors that are well worth your time. His first post is a basic fact sheet similar to what he would give his bosses when he worked on Capitol Hill and the White House. If you [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('762','A GM Bankruptcy Fact Sheet and Good Thoughts from a Smart Man on the Subject - AIP Blog - American Issues Project'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('762','A GM Bankruptcy Fact Sheet and Good Thoughts from a Smart Man on the Subject - AIP Blog - American Issues Project','[...] blog posts up today on the government takeover of General Motors that are well worth your time. His first post is a basic fact sheet similar to what he would give his bosses when he worked on Capitol Hill and the White House. If you [...]'); return false;">Quote</a></div> [...] blog posts up today on the government takeover of General Motors that are well worth your time. His first post is a basic fact sheet similar to what he would give his bosses when he worked on Capitol Hill and the White House. If you [...]
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]]> By: A Great American Car Company « Verus Politics: Truth and Reason http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/comment-page-1/#comment-761 A Great American Car Company « Verus Politics: Truth and Reason Tue, 02 Jun 2009 03:43:42 +0000 http://keithhennessey.com/2009/06/01/basic-facts-on-the-general-motors-bankruptcy/#comment-761 [...] 2: Keith Hennessey has details on the bankruptcy, and Hugh Hewitt says don’t buy a socialist car (H/T Hot Air, where Ed [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('761','A Great American Car Company « Verus Politics: Truth and Reason'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('761','A Great American Car Company « Verus Politics: Truth and Reason','[...] 2: Keith Hennessey has details on the bankruptcy, and Hugh Hewitt says don’t buy a socialist car (H\/T Hot Air, where Ed [...]'); return false;">Quote</a></div> [...] 2: Keith Hennessey has details on the bankruptcy, and Hugh Hewitt says don’t buy a socialist car (H/T Hot Air, where Ed [...]
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