Detroit wants another 25B from Obama...

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  • equate975
    No R3VLimiter
    • Jun 2004
    • 3382

    #1

    Detroit wants another 25B from Obama...

    All I can say is jesus christ....

    http://www.autoblog.com/2009/01/23/y...-in-new-loans/
    Rollin' with a Geistkuchen
  • shiftbmw
    R3VLimited
    • Oct 2005
    • 2012

    #2
    At least give it to a company with some promise...Tesla or something...
    sigpic
    "The best argument against democracy is a five-minute conversation with the average voter." - Winston Churchill

    Comment

    • eric (^__^)
      E30 Fanatic
      • Dec 2007
      • 1409

      #3
      I'd give the money to Gordon Murray

      I'm serious.
      Not that I care, of course.

      Comment

      • equate975
        No R3VLimiter
        • Jun 2004
        • 3382

        #4
        I'd give the money to the tax paying people that are going to front it.
        Rollin' with a Geistkuchen

        Comment

        • Jb325is
          R3VLimited
          • Oct 2003
          • 2137

          #5
          Originally posted by equate975
          I'd give the money to the tax paying people that are going to front it.
          While this sounds good on paper there is a huge percentage of people that are too fucking stupid to handle a lump sum of money in this situation. We are fucked, there will be a depression and we aren't going to buy our way out of it. This shit is making it worse..
          - '88 m54 coupe

          <3

          Comment

          • Kerrath
            E30 Addict
            • Jun 2008
            • 577

            #6
            With where the money is going and the way the economy is going, Death Race 2012 anyone?

            Comment

            • Charlie
              kid tested, administrator approved
              • Oct 2003
              • 6686

              #7
              Originally posted by shiftbmw
              At least give it to a company with some promise...Tesla or something...
              Um, you might want to do a little research on Tesla first. Think quality control on par with a Fiat X1/9 or Yugo.

              -Charlie
              Swing wild, brake later, don't apologize.
              '89 324d, '76 02, '98 318ti, '03 Z4, '07 MCS, '07 F800s - Bonafide BMW elitist prick.
              FYYFF

              Comment

              • norcalE30
                E30 Modder
                • Dec 2008
                • 932

                #8
                Originally posted by Jb325is
                While this sounds good on paper there is a huge percentage of people that are too fucking stupid to handle a lump sum of money in this situation. We are fucked, there will be a depression and we aren't going to buy our way out of it. This shit is making it worse..
                this is somewhat true, we are not going into a depression. deppression requires two full consecutive quarters of negative growth. and we are going to buy our way out of this, but not by bailing out auto companies, regardless of which one. what we need are massive public works projects to pump money into the middle class, create jobs, and thereby stimulate the economy
                Originally posted by kronus
                pff, all of you are slow as hell anyway. Eta > all

                Comment

                • Jb325is
                  R3VLimited
                  • Oct 2003
                  • 2137

                  #9
                  Originally posted by norcalE30
                  this is somewhat true, we are not going into a depression. deppression requires two full consecutive quarters of negative growth. and we are going to buy our way out of this, but not by bailing out auto companies, regardless of which one. what we need are massive public works projects to pump money into the middle class, create jobs, and thereby stimulate the economy

                  Well that is the plan... Optimist vs pessimist :)
                  Last edited by Jb325is; 01-23-2009, 09:20 PM.
                  - '88 m54 coupe

                  <3

                  Comment

                  • Kerrath
                    E30 Addict
                    • Jun 2008
                    • 577

                    #10
                    Originally posted by norcalE30
                    this is somewhat true, we are not going into a depression. deppression requires two full consecutive quarters of negative growth. and we are going to buy our way out of this, but not by bailing out auto companies, regardless of which one. what we need are massive public works projects to pump money into the middle class, create jobs, and thereby stimulate the economy
                    Herbert Hoover agrees.

                    Comment

                    • CleanAzzE30z
                      R3V OG
                      • Jan 2004
                      • 11794

                      #11
                      This country is a fucking joke. Im not saying others arent, but fuck...... I live here.



                      Mariano


                      2001 Titaniumsilber 540i Sport 6-Speed
                      1990 Diamantschwarz Alpha-N 2.5L ///M3
                      1986 Alpinweiss 325e M50B25 (R.I.P.)

                      -Talk to me when more sound comes from the induction than from the exhaust...

                      -Argentina........lo mas grande que hay.

                      Comment

                      • LEANE30
                        E30 Modder
                        • Apr 2006
                        • 838

                        #12
                        Originally posted by Kerrath
                        With where the money is going and the way the economy is going, Death Race 2012 anyone?

                        i'm in.




                        and yeah, we will go into a depression... probably not in the next quarter or maybe even the following one, but it will happen. soon, everyone will stop paying their bills and begins to adversely occupy these foreclosing properties, IE drive the lenders into bankruptcy and just keep all this materialistic shit that we've been surrounding ourselves with, claim it as our right, then just take it from there, ...anyone else like how ironic both the movies Idiocracy and WALL-E were?

                        i want a disposable, chinese quality t-shirt that will only handle a half dozen washes before it falls apart with a hugh "Buy-N-Large" logo on it.
                        ...what hasn’t been done to an m20 yet?

                        m20 Oil Stencil

                        Comment

                        • norcalE30
                          E30 Modder
                          • Dec 2008
                          • 932

                          #13
                          Originally posted by CleanAzzE30z
                          This country is a fucking joke. Im not saying others arent, but fuck...... I live here.

                          next time a thought pops up in your head.... just let it go
                          Originally posted by kronus
                          pff, all of you are slow as hell anyway. Eta > all

                          Comment

                          • CleanAzzE30z
                            R3V OG
                            • Jan 2004
                            • 11794

                            #14
                            Originally posted by norcalE30
                            next time a thought pops up in your head.... just let it go
                            Explain please. After a comment like that, at least back it up. I respect your opinion, however wrong it may be. I expect the same in return.



                            Mariano


                            2001 Titaniumsilber 540i Sport 6-Speed
                            1990 Diamantschwarz Alpha-N 2.5L ///M3
                            1986 Alpinweiss 325e M50B25 (R.I.P.)

                            -Talk to me when more sound comes from the induction than from the exhaust...

                            -Argentina........lo mas grande que hay.

                            Comment

                            • shiftbmw
                              R3VLimited
                              • Oct 2005
                              • 2012

                              #15
                              Originally posted by CleanAzzE30z
                              This country is a fucking joke. Im not saying others arent, but fuck...... I live here.


                              Mariano

                              The joke is that the country is fucking serious...
                              sigpic
                              "The best argument against democracy is a five-minute conversation with the average voter." - Winston Churchill

                              Comment

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