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Don’t believe the hype on GM’s loan repayment

63 pointsby dwwoelfelabout 15 years ago

5 comments

gruseomabout 15 years ago
I confess to loving a good conspiracy theory (<i>some</i> of them must be true, we just don't know which), but this "GM paid everything back 5 years ahead of schedule, with interest" story is making my propaganda Geiger counter beep. Just like the Toyota takedown did a couple months ago.
martythemaniakabout 15 years ago
"To claim success at this point is nonsense ... The bailout was and is a complete failure."<p>So it's too early to claim success, but evidently not too early to claim failure.
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drewcrawfordabout 15 years ago
Edmond, OK is my hometown. Seeing its paper on HN is a major shock. What are you doing reading their op-eds? :-)
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sliverstormabout 15 years ago
All the questions of juggling funds and how this will be re-payed and how that will be afforded etc seems fruitless and pointless.<p>Sales are falling, they are loosing money; there may be many things to do, but everything is for naught if they can't do the most important thing.<p>MAKE A CAR PEOPLE WANT TO BUY.<p>Maybe I'm naive, but I figure if they do that most of the other problems can be sorted out- and if they can't do that, they have no business doing business.
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watchandwaitabout 15 years ago
The GM bailout marked the arrival of state corporatism to America. Truth is one of the casualties.