Now GM Wants a Bailout

Matthew 10:16

Member # 003
Location
Bethalto, IL.
First Name
David
Last Name
Virgin
Whose next? Anybody in the club need a bailout? Bad precedent was set with the bailout of Wall Street. Now everyone's going to be wanting a bailout. After Wall Street got one why not me?
 
Whatever happened to GM's buyout of Chrsyler?

http://money.cnn.com/2008/11/07/news/companies/sloan_detroit.fortune/?postversion=2008110715

Oh yeah, running low on cash. It's interesting they wanted to buy Chrysler by spinning of GMAC to Cerberus in return for getting at the Billions of cash Chrysler was pumped with by Diamler Chrsyler when they sold off Chrysler to Cerberus earlier this year...

So who's on first? What's on Second?

Laural and Hardie would have had a field day with this one...
 
That would be interesting. I hear Hyundai has or is looking into buying one of the oldest Russian car manufacturers - the GAZ Volga (which has been around longer than communisim).

What next, a Chrysler that looks like a Jag or Lexus, but still breaks down a month after the warranty expires.

I've owned both (Chrysler and Hyundai) and they were both troublesome vehicles...
 
I have owned two KIAs. Both have given me good service on the Major components side of the equation, but on the little things lots of problems. Love the heated seats in my KIA van. There are 5 settings. When I put it on 5 my back & butt get plenty warm. I like A/C that freezes me out or heat that burns me up so I can turn it down to a comfortable level. Nothing worse than when you're burning up & your A/C's not cuttin it or visa versa, your freezn & ya can't get warm.
 
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Problems we had with our Hyundai (parent company of KIA):

Battery went out at 18mos. Had to have it towed into the dealership as it would not hold a charge and the dealership was the only place that sold that type of battery.

Front Brake rotors were warped at 17k miles. never fixed this sold as is.

Paint came off the lower rocker panel getting of out car (pass side) and later more came off at self serve car wash. When I took it to dealerships body shop (car was under warranty) they said I had repainted it since there was burgundy paint underneath the pearl white paint. I never touched the car so I knew this was bogus. After taking it up to the regional manager, it turns out the story was "Guess they ran out the right color that day and repainted over a burgundy rocker panel to get 'er done". Ended up splitting the cost with the dealership on that one.

Otherwise the interior and engine were great, it was just the little sh** that makes you not want to buy another one that drove us nuts. Oh yeah, and the car was worth less than half of it's original price after 22 months when we sold it. OUCH!

My PT Cruiser and Dodge Ram 1500 were no better, although the RAM was one tough truck with absolutely no problems with it the entire time we owned it. Go figure.

I hate to not support american, but the reliability is still just not there like some of the other brands.
 
Alright, if ANYONE can give me ONE brand that SOMEONE hasn't had trouble with, I will buy them a shirt at FastLane Tuesday. Here are the one's I've had trouble with:
Ford
Mercury
Chevrolet
Dodge
Chrysler
Mazda

Yep, you will notice not much foriegn bought. My brother swears by the Nissan brand, and has had 3 or 4 with little to no problems. Nowadays, the Nissan is as much American as a Ford or Chevy. See this chart to see how 'american' you are. My opinion is you will have issues with any car if driven enough.:( :)
 
You're both right

You can certainly have problems with any make, but Scotty is right too. The Hyundais & Kias will drive you nuts with the little stuff going bad. They give you a 100,000 mile warranty but it is only as good as they are willing to stand behind it. The Japanese are known for their quality for good reason. All the Japanese vehicles I have owned have been a cut above in quality.
 
I've had no issues with the Honda's I've owned.

Now the Toyotas...not as good as we hoped (the A/C is already out on Michelle's FJ Cruiser) - just over 6 mos old.
 
Alright, if ANYONE can give me ONE brand that SOMEONE hasn't had trouble with, I will buy them a shirt at FastLane Tuesday.

I have had two Acuras and a boat load of Honda's.

I have not had a singe issue or malfunction with any of them. One Honda went 210K miles. One went 185K miles and one went 145K. Nothing but gas, oil and filters and the occasional front brake pad set. I did replace one muffler on the 210K mile Civic. There has never been any engine issue on any of them. My first was in 1973 and I'm still driving my last Acura.

Have never owned a Toyota or Nissan because the Honda's have never given cause to do so..

K&K
 
Maybe I'm just LUCKY, but

ALL of the 5.0L Mustangs I have owned (4 total over the years - one was euthanized as a horse and reincarnated as a snake) gave me fantastic "daily driver to work and back" reliability. The last one I had I sold after labor day this year. Paid $2900 for it in 1996 and fetched $1800 for it with over 210,000 miles. I'll miss it. Although it has been reliable so far, the 4.0L v-6 I'm driving now just is not as comfortable to be in the drivers seat. I guess thats my only complaint.
The 4.6L '98 seemed to be a pretty straight ride - until that lady pulled out in front of me and totaled it with her DODGE Caravan! :(

BTW, forget about getting a bailout. :p
The last "economic stimulus" largely went to the breweries, distilleries, wineries, and casinos (and BINGO halls, not to mention the even more nefarious addictions one can find when one has cash in hand), via the "down trodden" non tax-paying citizens that received it. For the rest of us working stiffs, it was a marginal drop in the bucket. Besides the fact that IT WAS OUR MONEY TO START WITH!!!

If they want you and me to have a significant impact on the economy - they will have to start out by fully refunding ALL of the monies they have stolen from yours and my wages for their worthless pet projects over the years. $100,000 for each of us would be a modest start at reparations.
When it comes to bailing out, only the huge corporations that can extort, or the non-tax paying welfare poor that can exhort (and therefore continue to cast votes for their munificent providers and compassionate overlords - who need to keep them in the gutter to maintain their "base"), will be in that group photo op.

Libertarianism is looking better and BETTER with each election cycle.:eek:
 
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They'd be OK if they embraced Libertarianism.
Think about what it must have been like to be an American in 1880. Before K. Marx poisoned the possessors of power worldwide.

Hmmmm, I need to go for a ride,
Let my troubles subside.
Get out on the road,
Ease out from under this load.
But, the wind will surely bite . . .
not meaning to be contrite,
On further contemplation,
I'll not go, damn the temptation!
 
Ode to Girded Loins

Oh I need to go for a ride,
Oh it's cold outside,
I need to feel the open road,
Get out and unload,
To hell with the biting wind,
I wanna feel a gratifying spin,
So I'll give in to the temptation,
Thus damn the torpedos, here comes exhilaration. :D
 
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