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Reply #21: heard parts suppliers are getting ready to file bankruptcy in response. [View All]

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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-29-09 01:32 AM
Response to Original message
21. heard parts suppliers are getting ready to file bankruptcy in response.
Edited on Fri May-29-09 01:32 AM by Liberal_in_LA
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  -Well it's official GM WILL declare bankruptcy on the 1st of June TwixVoy  May-28-09 08:42 PM   #0 
  - Fuck. This is not good.  Taverner   May-28-09 08:43 PM   #1 
  - tis ok, they'll still exist as a company, just doing business in China  NightWatcher   May-28-09 08:46 PM   #2 
  - Worse...the government will own the corporations that officially own our asses.  PassingFair   May-28-09 08:54 PM   #3 
  - Why is it bad to have the government as a major shareholder?  Oregone   May-29-09 12:43 AM   #9 
  - No, a capitalist state is more likely to socialize the losses into the public coffers  readmoreoften   May-29-09 01:29 AM   #20 
  - Do you understand what capitalism is?  Oregone   May-29-09 09:45 AM   #24 
  - I'm not too keen on corporations and government being married like this.  PassingFair   May-29-09 06:34 AM   #22 
     - It is far more concerning when private and public entities are involved and there is no ownership...  Oregone   May-29-09 09:50 AM   #25 
        - It should, but I've seen no indication that it WILL.  PassingFair   May-29-09 02:14 PM   #27 
  - but though they're the majority owner, & have loaned GM beaucoup bucks,  Hannah Bell   May-30-09 05:53 AM   #29 
  - They will file for Chapter 11 bankruptcy PROTECTION.....  A HERETIC I AM   May-28-09 08:54 PM   #4 
  - Are you daft?  TwixVoy   May-28-09 08:57 PM   #5 
  - Are you?  A HERETIC I AM   May-28-09 09:37 PM   #6 
  - The headline is 100% accurate  yodoobo   May-29-09 01:21 AM   #19 
  - If it's true that the government will have a 70% stake in GM...  cherokeeprogressive   May-28-09 09:41 PM   #7 
  - You mean like these that "hog" the roads up north of you...  Oregone   May-29-09 12:47 AM   #11 
     - "the remarkable tridion safety cell."  cherokeeprogressive   May-29-09 12:56 AM   #12 
        - Buy a horse then  Oregone   May-29-09 12:58 AM   #13 
           - nah do what i did, buy a toyota truck, reliable, good off road.  vadawg   May-29-09 01:03 AM   #14 
           - Had one for about 6 years. In-line four, 4x4 single-cab. Dependable to a fault.  cherokeeprogressive   May-29-09 01:06 AM   #16 
           - Never have been a horse person.  cherokeeprogressive   May-29-09 01:03 AM   #15 
              - "hope those who drive it have good insurance"  Oregone   May-29-09 01:10 AM   #17 
                 - You made me curious. After a short Google search, I just may have to rethink my opinion  cherokeeprogressive   May-29-09 01:16 AM   #18 
  - For the last 5 years I have been hauling truck bumpers to the  B Calm   May-28-09 10:15 PM   #8 
  - I am VERY sorry to hear that.  cherokeeprogressive   May-29-09 12:46 AM   #10 
  - heard parts suppliers are getting ready to file bankruptcy in response.  Liberal_in_LA   May-29-09 01:32 AM   #21 
  - So who's going to own all those factories here in 'Merica?  symbolman   May-29-09 06:40 AM   #23 
  - Well, my GMAC lease is up in 60 days  mtnester   May-29-09 10:16 AM   #26 
  - I heard Thom Hartmann say on his radio show that GM  B Calm   May-30-09 05:41 AM   #28 
 

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