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GM governmental loan paid in full + interest.
#20
thecavemaster Wrote:I don't necessarily disagree with your point, Old School, in your first paragraph. As to the "fuel cost" point, that was the point I was making: business decisions at the level GM is/was making them often require projections and assumptions that aren't viewed as risky within the business model.... thus, culpability might be assessed as a bit lower than the Krumps. However, Obama's motive was NOT to move the country toward socialism, that argument is scare tactics politics plain and simple.

When companies sign union contracts through out the years knowing that they could lead them into bankruptcy, or agreeing to pay huge benifit packages even while they are losing money is bad management period. These numbers are not assumptions they know the contract requirements, however I realize they do have to assume/predict what will be the hot ticket down the road.

Concerning Barry and his socialist agenda, I strongly disagree. Because he's thinks the libs may lose their majority this year, he is pushing harder toward socialism.
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GM governmental loan paid in full + interest. - by Old School - 04-25-2010, 11:50 AM

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