http://www.michigancapitolconfidential.com/16192 Government Motors is just one union kickback and fraud swindle.
This is no different then them spending money on R&D for a bomb. I'd rather have money go towards new technology then welfare. Oh and before the assholes that have to attack everything show up, yeah I'm sure the car sucks and has limited range but guess what? All technology sucks when it's first getting started. Remember brick cell phones?
Difference is that private sector R&D is done wisely. The government has not spent a wise dollar in a century. Sure, they did good things, but never efficiently - IT'S NOT THEIR MONEY. When you have no personal stake in the success or failure of your product, why would you do anything in the quickest and cheapest way possible? Worst comes to worst, just get another bailout.
The alternative to brick cell phones back then was no cell phone. The alternative to a shitty short range electric car now is a well-built long range ICE car.
since they are counting every tax break given to every company that makes every part for this particular model I'd love to see them do the same analysis for every other car model, I'd bet you'd find the same. But that wouldnt make for sensational headlines and wouldn't induce "outrage" in the weak minded that soak this kind of shit up. tax breaks to business = good (unless you can spin it against a business or product you dont like)
the government bailed out GM and Chrysler. Two admins did this, republican and democratic. Both agreed that these businesses going under at the time they were going to would have had catastrophic consequences. Get over it. Now, whether or there were tax incentives given to suppliers that supply a business that was bailed out or not doesnt change the value of the tax incentives. Unless you are trying to state some sort of screwed up theory that if you supply a business that was bailed out you shouldnt get tax breaks...
Toledo approves tax break for Chrysler plant http://www.mlive.com/auto/index.ssf/2011/10/toledo_approves_tax_break_for.html Ohio offers tax breaks to 30 companies including Ford, Timken http://www.cleveland.com/business/index.ssf/2011/12/ohio_offers_tax_breaks_to_30_c.html
So a company that already faced bankruptcy wasting tax credits on a bad car that's too expensive is a good thing? You said: And I am saying that since I have no stake in Ford, they can do whatever they want. That was my opinion about GE as well until they came crying to the government to save their ass because they mismanaged themselves into chapter 11. Once that happened, I consider their financial decisions to be entirely my business, lest I have to save their ass AGAIN.
Hey shithead, the US and Canadian governments own nearly 40% of GM. The Treasury Dept can't break even on their stock unless they can squeeze $53/share out of GM. It's currently trading around $20. The US government has a legitimate interest to ensure the success of the flailing car company. Ahh yes, but this is just like all the other car companies like Ford, Nissan, Honda, and Toyota that each got a $50B bailout from the US gov't, right? For a guy that claims he didn't even vote for Obama, you sure go out of your way to defend him and the government when they fuck up royally.
"Get over it" is the worst phrase when it comes to political issues. We went to Iraq, get over it. We torture POWs, get over it. Marijuana is illegal, get over it. Gays can't get married, get over it. You'll never get laid again, get over it. Hmmm. So the federal governments of Toledo and Ohio offered tax breaks? Great point, douche bag. I didn't pay for that shit so I could care less.
Hold on, have you ever noticed that you never see MagicBob and Mikefrombx in the same place at the same time? Mods? IP check?
So what ya'll are saying is that its Ok to offer tax incentives to companies as long as though dont supply Chrysler or Gm. got it.
yeah... so what shithead? those suppliers that got tax break supply other companies as well. Or are you trying to imply some sort of massive conspiracy maaaan? no two companies got bailouts from the US. Ford didnt. What exactly is your point? hey dumbfuck, how may of the tax breaks or loans were given under Obama? how many were state vs. fed? I didnt say shit about Obama, neither did the article. The point here is that the article is trying to stir up some "outrage" in the weak minded. Seems as though it has worked in your case. Do auto makers get tax breaks? Yep. Do their suppliers? Yep. According to standard conservative thinking tax breaks are a GOOD thing. Until you can somehow tie them to a product that you (the rhetorical conservative you) dont like, then they are bad. Pretty funny really. Even funnier seeing random tard parade here jumping up and down about it.
so because GM and Chrysler took bail-outs companies that supply them should not get tax breaks or be eligible for government research funds? Is that your point?
GM should give every American a car. They gave the Chinese the jobs with the welfare they received, the lest they could do is give us all a car.
The thing this "study" doesn't take into account is that a lot of the tax credits that were offered were for initial investments. So that means subsequent cars produced means that each car gets cheaper to make over time. Also, the battery plant they identified also makes batteries for Ford and Nissan.
Yeah, but you're a moron. You'd bet the Dolphins are gonna take the NFL this year. Who gives a shit about what you'd bet? We're talking about something that actually happened, outside your retarded head.
Taxes should be lower on ALL corporations. ALL OF THEM. GM and Chrysler shouldn't even be in business right now to get a tax break. Get it through your thick fucking skull. This is just funny because the Volt is such a monumental failure.
