3 ms·

As far as I can tell, you're fabricating scenarios that match your viewpoint. Feel free to provide citations to show otherwise. Obama-controlled General Motors

by natrius 14y ago

As far as I can tell, you're fabricating scenarios that match your viewpoint. Feel free to provide citations to show otherwise. Obama-controlled General Motors forced unions to accept cuts to their pensions during the restructuring[1], which is the opposite of the behavior you're describing. Anyway, this clearly isn't the right place for this discussion, but I don't think highly voted incorrect statements should be allowed to stand unchallenged. [1] http://www.time.com/time/business/article/0,8599,1902009,00.html http://www.time.com/time/business/article/0,8599,1902009,00....

robomartin 14y ago
> Obama-controlled General Motors forced unions to accept cuts to their pensions during the restructuring From the very article you linked to, in the very first paragraph: "The plan gives the union's health-care vehicle some promissory notes, plus a 17.5% stake in GM and warrants to purchase another 2.5%" It goes beyond that. The government bailed out GM. That's obvious. We, the tax payers, now own some 500 million shares of the stock. This stock would have to be sold at some $53 per share to just break even. Google it. We are taking a huge loss to benefit the unions. Lastly, one of the reasons GM is doing well is that the government has vectored a ton of business towards GM. We, the tax payers, are buying brand new GM cars at a time when government should be making due with what they have and save us money. This is a secondary and never-ending bailout. Translation: We got your back. Vote for us when the time comes. Using taxpayer money to buy votes. Brilliant. Want backing articles? Fire-up Excel and Google it. Do the math, don't just take in left-wing articles and use them as the truth. Don't take right-wing articles as the truth either. It's amazing how easy it is to clear the bullshit out of some of this stuff if people would just take the time to take paper and pencil and do a little math.

by natrius 14y ago

robomartin 14y ago

> Obama-controlled General Motors forced unions to accept cuts to their pensions during the restructuring From the very article you linked to, in the very first paragraph: "The plan gives the union's health-care vehicle some promissory notes, plus a 17.5% stake in GM and warrants to purchase another 2.5%" It goes beyond that. The government bailed out GM. That's obvious. We, the tax payers, now own some 500 million shares of the stock. This stock would have to be sold at some $53 per share to just break even. Google it. We are taking a huge loss to benefit the unions. Lastly, one of the reasons GM is doing well is that the government has vectored a ton of business towards GM. We, the tax payers, are buying brand new GM cars at a time when government should be making due with what they have and save us money. This is a secondary and never-ending bailout. Translation: We got your back. Vote for us when the time comes. Using taxpayer money to buy votes. Brilliant. Want backing articles? Fire-up Excel and Google it. Do the math, don't just take in left-wing articles and use them as the truth. Don't take right-wing articles as the truth either. It's amazing how easy it is to clear the bullshit out of some of this stuff if people would just take the time to take paper and pencil and do a little math.