Gov't Motors and other car news...

[SubGod22]

Sen. Shelby: GM Plan Means U.S. Going Socialist

[SubGod22]

GM Bondholder Deadline Passes as Bankruptcy Looms

[twister17e]

Saw on CNN that GM is filing for bankruptcy on Monday and none other than Obama is supposedly going to announce it.

[SubGod22]

Obama Kills Bond Markets with GM Union Deal

Can't say that I disagree. He has set a HORRIBLE precedent.

[SubGod22]

Americans Have Voted ‘No' on GM Bailout From Day One

[SubGod22]

Report: GM to Sell Hummer to Chinese Company

Does this surprise anyone?

[Maggie]

Report: GM to Sell Hummer to Chinese Company

Does this surprise anyone?

So the world's biggest polluter will now own the poster child of irresponsible automobiles. It seems to be a good fit.

[RoyalShock]

Hmmm, the Chinese selling a vehicle based on the American military and a symbol of U.S. "patriotism".

I'm just waiting to hear that Caterpillar is going to buy Saturn.

"Our flight to Bizzarro World is on final descent . . ."

[SubGod22]

In response to all this... Chavez to Castro: 'Comrade' Obama Farther Left Than Us

[wu_shizzle]

Maybe the cars that Gov't Motors and Obama design won't be that bad...



after all Hitler oversaw the "People's Car" (Volkswagon Beetle)

[1979Shocker]

Here's something I found interesting related to General Motors and Hitler.

Hitler's Carmaker: The Inside Story of How General Motors Helped Mobilize the Third Reich

The quest for the ´people´s car´

During the meeting with Mooney, Hitler estimated that if Germany were to emulate American ratios, the Reich should possess some 12 million cars. But, Hitler added, 3 million cars was a more realistic target under the circumstances. Even this would be a vast improvement over the 104,000 vehicles manufactured in Germany in 1932.

Mooney told Hitler that GM was willing to mass produce a cheap car, costing just 1,400 marks, with the mass appeal of Henry Ford´s Model T, if the Nazi regime could guarantee 100,000 car sales annually, issue a decree limiting dealer commissions and control the price of raw materials. Many automotive concerns were vying for the chance to build Hitler´s dream, a people´s car or "volkswagen," but GM was convinced it alone possessed the proven production know-how. An excited Hitler showered his GM guests with many questions.

Clearly, Hitler saw the mass adoption of autos as part of Germany´s great destiny. No wonder Mooney and GM were optimistic about the prospects for a strategic relationship with Nazi Germany.

For Mooney, and for Germany´s branch of GM, the relationship with the Third Reich was first and foremost about making money — billions in 21st century dollars — off the Nazi desire to re-arm even though the world expected that Germany would plunge Europe and America into a devastating war.

It's all about making money, no matter the consequences.

[SubGod22]

Regulators May Block Chinese Hummer Acquisition

[SubGod22]

Statement from National Conservative Leaders on Obama Administration Bailout of General Motors

[SubGod22]

Pawlenty Slams Obama on Auto Moves

[EAGLE]

Saturn was bought by Roger Penske.