SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Brumar89 who wrote (507636)8/24/2009 5:07:02 PM
From: i-node1 Recommendation  Read Replies (1) of 1577395
 
>> If Chrysler or GM want to borrow money again, who will buy the bonds?

I'll tell you who -- the American taxpayer.

These companies are permanent wards of the state. Never, again, will the capital markets provide the financing these companies need to break away from the government.

And as UAW continues to suck the life blood out of both of them, the American taxpayer will continue to infuse them with OUR tax dollars, even though most of us wouldn't take one of these government produced vehicles if we had to.

Even after forking over $4,000 in free money the federal government couldn't move these POS vehicles. People lined up to buy cars built in other countries and without UAW involvement.

I'm sorry, but as a taxpayer the sooner these turds go out of business the better off this country will be.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News