Ummm no... Not Auburn hills but I don't blame you for not knowing the answer since you didn't hear Oblamer moaning about the inversion style change because he gave the company to Fiat in exchange for the $4 billion + payout Fiat made directly to the UAW.

http://www.automobilemag.com/...hq-moving-to-london/

The GM bankruptcy only screwed the legal bond holders and paid off the UAW. The bond holders tried fighting this illegal act but finally caved after immense federal (Obama directly) pressure. There's only so much you can do when the king commands his ransom.

The entire bailout was done as a giant UAW payoff. To say nobody else would have bought Chrysler was a monster sized load of bull shit... Like nobody wanted the Jeep brand or the hot selling Ram trucks. 100% pure bullshit.

The bankruptcy would have been a restructuring and not a closing of the business. The reason Oblamer would not allow this to happen is it would have allowed GM to renegotiate the UAW contracts and that's a no go for Oblamer and his crooked supporters.

If you look into this, also follow the money trail through Cerberus and you'll see how they were paid off as well.

The auto bailout cost the tax payers a fortune all for the benefit of the UAW.

http://m.townhall.com/...166-billion-n1952771

He's a bit more measured and paced as he's reading from teleprompter.

He was against teleprompters, then used one, then was against them and now back to using them.

Goobdog wrote:

Weird, is there another headquarters the rest of the world isn't aware of?

http://bfy.tw/6Qsv


I tend to loose faith in your ability to conduct an argument when you go straight to the Oblamer, Obummer, King, etc... especially when it was the previous administration that proposed the bailout. That being said, whether it was Bush or Obama, the bailout was the painful, but best decision to make.


If there were buyers ready to purchase the GM Chysler group, who were they and why didn't they make an offer? The stock price at one time was under $1 ripe for someone to sweep in and make that offer. The Ram truck and Jeep weren't a hot seller back then. This was a company bleeding through money. Whether it was a restructuring or closing of business is impossible to say what the final outcome would have been had the bailout not been implemented. What is for certain, that restructuring did take place and was a gradual roll out that eased suppliers & laborers out of the hit they would have taken at once had the bankruptcy moved forward.

Its easy for a politician to take a risk when he has done little to become president and it isn't his money or his skin in the game. That isn't the kind of risk that betters society. He pushed the fucker through without support.

But keep washing Obama's balls. I guess somebody has to.