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GM goes bankrupt!

Name: Anonymous 2009-04-28 13:48

Yeah!!!  Buy Japanese!!!

Name: pork soda 2009-04-28 14:07

bankruptcy? can't wait to see what kind of bonus the management gets for that!

Name: !MILKRIBS4k 2009-04-28 14:55

>>2
Why would anyone get a bonus? I think you meant people will be losing jobs!

Name: Anonymous 2009-04-28 15:07

>>3
ANUSRIBS!

Name: Anonymous 2009-04-28 22:41

THank god GM went bankrupt

thats one step closer for America to head for destruction

Name: Anonymous 2009-04-29 2:16

>>5
GM did not go bankrupt (yet).

Name: Anonymous 2009-05-01 0:55

No, you idiot..  Chrysler went bankrupt

Name: Anonymous 2009-05-01 2:22

They sure did. I had a feeling they would too.

Name: RedCream 2009-05-02 2:12

Chrysler bankrupted.

GM should be bankrupt, but government money is propping it up.  It will bankrupt eventually.

Ford mortgaged off all its factories.  It too will bankrupt, eventually.

AMERICA IS FAIL.

Name: Anonymous 2009-05-02 2:29

>>9
Ahh RedCream, how ya been? Anyway, the "big" three meeting this fate does not surprise me. AMC (American Motors) was sold to Chrysler in 1987 and was "the last independent" American automobile company. America had hundreds of automobile companies and over the course of the 20th century, all died out one by one. Now, we're left with just three. Stagnation is America's failure.

Name: RedCream 2009-05-02 4:37

>>10
I've been OK, kinda.  And the term "Big Three" is obsolete, since in order to keep GM, Chrysler and Ford in the running, you have to say the "Big Six", to take into account the other auto companies in the world like Nissan and Toyota who have bigger market shares than our domestic ones.

We do have other auto companies in the nation ... they just don't compare at all to the market share of the 3 domestic giants.  And wouldn't you know? -- those small auto companies have the fuel-efficient cars that you need.  That's not coincidence; it's CAUSALITY.

Name: Anonymous 2009-05-02 23:28

This very well could be a good thing. It might encourage some people (or smaller companies) to start making cars more suited for our "situations" (gas being expensive, global warming etc etc)...and perhaps with some actual innovation from these people we could possibly see the first hydrogen/electric cars...

Wait, what am I kidding myself? What are the chances of that happening in America?

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