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    Tag: Government Motors

    Clark, You May Want To Stifle Your Father of Government Motors Chevy Dolt

    By Corinthian Scales, Section News
    Posted on Sat Feb 18, 2012 at 03:11:45 PM EST
    Tags: Clark Durant, Bob Lutz, Debbie Stabenow, Obama, George W Bush, TARP, Pete Spend-a-Lot, Government Motors, Chevy Volt, China (all tags)

    via freep.com

    Former General Motors Vice Chairman Bob Lutz on Friday sharply criticized Republican presidential candidate Mitt Romney, defending the rescue of GM and Chrysler as a "necessary government intervention."

    Rest here

    Yup.  That should resonate real well for the Durant campaign during the primary.  Perhaps, a not so subtle reminder for when "Maximum Bob" opens his pie hole again...

    (4 comments, 237 words in story) Full Story

    GM Schedules Roll Out Of Two New Models

    By JGillman, Section News
    Posted on Fri Sep 23, 2011 at 11:18:38 AM EST
    Tags: Government Motors, GM, Cadillac, Michigan, William C Durant, China, Promoting Communism (all tags)

    Detroit - General Motors today announced the roll out of two new hybrid vehicles, one called the "Hammer," and the other, "Sickle."  The ultra compact 3 cylinder combination solar/ethanol vehicles will be a new part of the Cadillac line, and will be available only in the color blood red, and scheduled to be available for the 75th anniversary of the Chinese cultural revolution of 1939.

    OK, suck the morning coffee back through your nose. Its not real. But why should I even have to note THAT fact?  Its absurd, right?

    Truth of the matter, is that nearly nothing can be ruled out as absurd any longer.  From this current administration to the entities that have somehow become the responsibility of the nation's taxpayers, the separation of government and business has collapsed to the point that it is LOGICAL to expect such ridiculous arrangements as the opening paragraph presented.  

    Especially when seeing this:

    "The CCP's state-run China Film Group produced a big-budget propaganda film called "The Birth of a Party," or depending on how the title is translated, "The Great Achievement of Founding the Party."  The latter sounds more like what they were shooting for.  The "chief business partner" in this venture was General Motors brand Cadillac ..."

    Yeah. Government Motors has never been so real.

    William C Durant has now rolled fully over in his grave.  The high school drop out turned manufacturer, would surely be SICK to see what has happened to the company he once used to bring together a great number of models and makes.

    Good Luck GM. Never again.

    (1 comment) Comments >>

    A Message To Our Legislators - Beware False Choices

    Government Motors Employee Discount Referral Tools

    By Corinthian Scales, Section News
    Posted on Mon Jun 27, 2011 at 05:43:01 PM EST
    Tags: Government Motors, Chevy Volt, Coal Powered Rechargeable, EnviroTards, Dimocrats (all tags)

    Michigan's own Pravda provides us Comrade Shmok for our giggle of the day.

    Levin, who purchased his electric car with gas backup in April at a Michigan dealership, lives in a historic Washington rowhouse with no garage or dedicated parking spot. No luck there. Ditto for the garage of the U.S. Capitol.

    So Levin and some other senators have sponsored a bill to get plugs in the garage.

    "We're pushing this infrastructure on other people these days, the least we can do is have it for our own employees, provided there's no cost to the government," Levin said.

    Carl, there hasn't been one damn thing in your 32 years in DC that your fellow Marxist Party has done to cost "government" a penny.  It's fleecing 'We the People' plenty though.

    Comments >>

    The WRONG Business

    By JGillman, Section News
    Posted on Thu Mar 31, 2011 at 12:15:10 PM EST
    Tags: Auotmobiles, Cars, Perambulators, Government Motors, Stabenow, Heat Miser, Michigan, Rebate, Payoff, Jobs, and more Jobs, $7500, Suckers, Washington, Electric, Pedestrians, Green, Carbon Footie, Clunkers (all tags)

    Folks, I have to tell you, we are in the wrong business.  To heck with any kind of advancements in technology, going backward is where it's at.

    In the as yet unfinished fight to produce vehicles that are 'green' and have little carbon footprint, our automakers have been encouraged by the administration to produce a slew of not-ready-for-prime-time electric cars that not only cost too much, but go about 40 miles tops, with engines that might be better suited towards kitchen blenders or hand held power tools.  Michigan automakers have really gone to he!! in a hand basket.

    I hold nothing against the volt, really.  It serves the purpose of salving eco guilt for some, and might even have a future, but the failed efforts of the government to convince enough buyers through rebates and credits of $7,000.00 are a perfect example of why we do not let government types choose which products are best for us.  The credits failed so miserably, that makers of the Chevy Volt are worried about the expiration of those credits after today.

    I would be too.  But..

    (7 comments, 602 words in story) Full Story

    Hey.. Buy our stock, but...

    By JGillman, Section News
    Posted on Wed Aug 18, 2010 at 06:06:49 PM EST
    Tags: GM, Government Motors, Stock, IPO, Disclosure (all tags)

    Don't get your hopes up.

    Not that anybody should expect an industry that still has a shock collar of union interest around its neck to do very well anyway.  General Motors is selling some of its action to lucky buyers.  In the filing of the IPO today, GM lowers your expectations:

    "The ability of our new executive management team to quickly learn the automotive industry and lead our company will be critical to our ability to succeed.

    Within the past year we have substantially changed our executive management team. We have elected a new Chief Executive Officer who will start on September 1, 2010 and a new Chief Financial Officer who started on January 1, 2010, both of whom have no outside automotive industry experience."

    Per der kommisar's wishes, NO-ONE qualified to run the company need apply.  In fact, even if they did, and got jobs, the discovery of whats under the hood might scare the lug nuts off em.  Continuing:

    "We have determined that our disclosure controls and procedures and our internal control over financial reporting are currently not effective. The lack of effective internal controls could materially adversely affect our financial condition and ability to carry out our business plan."

    So the filing for the IPO for the NEW Government Motors includes a disclosure that: A.  They have potentially incompetent leadership, and B. No idea where the money gets spent and a lack of oversight for such things.?

    As they say in the biz.. "Read the Prospectus."  Ay yi yi..

    (9 comments) Comments >>

    Picking on Michigan: Democrats' new national pastime

    By Nick, Section News
    Posted on Wed Jun 24, 2009 at 07:21:32 AM EST
    Tags: DPS, Flint, Detroit, Obama, GM, General Motors, Government Motors, layoffs, economy, fraud, Democrats (all tags)

    Bad decisions all around.  Unfortunate decisions.  Expensive decisions. Decisions we all wish hadn't been made.  Whether it's paying workers who don't do anything, firing workers who do or letting dangerous, psychopathic murderers out onto the street with nothing better than an "oops" to explain it the political leadership in Detroit, the Granholm-Cherry administration and the Obama administration suddenly find themselves on one heck of a collective roll.

    Let's start with the "municipality" and work out way up, shall we?

    We learn today that the Detroit Public Schools, long a paragon of Lefty administrative virtue, have 257 "ghosts" on the payroll.  According to the Ivory Tower these are folks who are pulling down major bank but aren't even supposed to be on the payroll.  The local public school bureaucracy is so wasteful of taxpayer dollars they don't even demand a lick of work to get them.  

    There were 37 unclaimed paychecks and 220 unclaimed direct-deposit slips totaling about $208,000, said Odell Bailey, DPS' auditor general. He added that the recipients are not on approved leave.

    Robert Bobb, DPS' state-appointed emergency financial manager, also said an audit has begun to determine if employees have unapproved health care  dependents that are running up costs.

    Probably important, too, that we don't blame this entirely on the bureaucracy. That means there are 257 individuals who at one time or another were entrusted with the education of Detroit kids whose integrity was so poor they continued cashing the checks they knew they hadn't earned.  

    DPS might want to audit their character assessment and their hiring practices next.  And they're not the only ones.  As frustrating as a chronically bungled payroll can be it isn't nearly as dangerous as the mistake the Granholm-Cherry administration made this week when they took a convicted murderer who'd wracked up 124 "major misconducts" since entering prison, took him out of jail and dropped him off at his grandfather's house without medication.  

    Because that sounds like a safe thing to do.

    Read on...

    (610 words in story) Full Story

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