GM to Invest $1 Billion in Brazil Operations -Money to Come from U.S. Rescue Program

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  • Maluco
    R3V OG
    • Oct 2005
    • 6572

    #1

    GM to Invest $1 Billion in Brazil Operations -Money to Come from U.S. Rescue Program

    I wouldn't expect they'd be allowed to apply stimulus money overseas...

    So my tax dollars are now being applied to markets that don't directly affect me?



    SAO PAULO -- General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
  • Turf1600
    R3V OG
    • Nov 2006
    • 9815

    #2
    These bailouts need to stop.
    "We praise or find fault, depending on which of the two provides more opportunity for our powers of judgement to shine."

    Comment

    • z31maniac
      I waste 90% of my day here and all I got was this stupid title
      • Dec 2007
      • 17566

      #3
      Insanity.

      I can't believe the stuff these people are allowed to get away with.
      Need parts now? Need them cheap? steve@blunttech.com
      Chief Sales Officer, Midwest Division—Blunt Tech Industries

      www.gutenparts.com
      One stop shopping for NEW, USED and EURO PARTS!

      Comment

      • Kilomph
        E30 Addict
        • Oct 2004
        • 599

        #4
        .
        Last edited by Kilomph; 03-19-2017, 07:22 AM.

        Comment

        • Maluco
          R3V OG
          • Oct 2005
          • 6572

          #5
          This is bullshit! This is just one example of how this money will be wrongly used. Scratch the bailout! Back to the drawing board. I'm afraid to even imagine the shit that's going to come from this bailout. On the other hand you have Obama instilling fear, not hope, with his "act now or turn a crisis into a catastrophe".

          More like act now before the people see what kind of bullshit we are pulling here!!!!

          Comment

          • atomic
            R3V Elite
            • Jun 2007
            • 5691

            #6
            more of the same...

            just wait until this new $835,000,000,000.00 gets crammed down our throats...



            :crazy:

            Comment

            • Massive Lee
              R3V OG
              • Sep 2006
              • 6782

              #7
              Originally posted by Maluco
              So my tax dollars are now being applied to markets that don't directly affect me?
              Simply said, your tax dollar is being given away to give jobs to Brazillians...
              Or I missed something?
              Brake harder. Go faster. No shit.

              massivebrakes.com

              http://www.facebook.com/pages/Massiv...78417442267056





              Comment

              • Maluco
                R3V OG
                • Oct 2005
                • 6572

                #8
                Originally posted by Massive Lee
                Simply said, your tax dollar is being given away to give jobs to Brazillians...
                Or I missed something?
                Mind you I am still a Brasilian citizen and wish the best for my country and people, but this has nothing to do with that. With that said Brasilian citizens living in the US still pay taxes. I for sure do. I'm speaking strictly as a tax payer.

                Representation my ass!

                Comment

                • LEANE30
                  E30 Modder
                  • Apr 2006
                  • 838

                  #9
                  Originally posted by Maluco
                  Mind you I am still a Brasilian citizen and wish the best for my country and people, but this has nothing to do with that. With that said Brasilian citizens living in the US still pay taxes. I for sure do. I'm speaking strictly as a tax payer.



                  Representation my ass!


                  ^^^ oh, your ass is getting presentation all right

                  ..as well as every other us citizen's
                  ...what hasn’t been done to an m20 yet?

                  m20 Oil Stencil

                  Comment

                  • e30s52
                    R3V Elite
                    • Oct 2007
                    • 5235

                    #10
                    This is messed up. Why should my money go to brazil. It doesnt help us out at all.
                    Last edited by e30s52; 02-09-2009, 12:29 PM.

                    www.gutenparts.com
                    One stop shopping for NEW, USED and EURO PARTS!

                    Comment

                    • mrsleeve
                      I waste 90% of my day here and all I got was this stupid title
                      • Mar 2005
                      • 16385

                      #11
                      WOW this pisses me off. I sided with the big 3 to get the loans. But then again these are loans, they are free to do as they wish with them. But this is still just not right.
                      Originally posted by Fusion
                      If a car is the epitome of freedom, than an electric car is house arrest with your wife titty fucking your next door neighbor.
                      The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money. -Alexis de Tocqueville


                      The Desire to Save Humanity is Always a False Front for the Urge to Rule it- H. L. Mencken

                      Necessity is the plea for every infringement of human freedom. It is the argument of tyrants.
                      William Pitt-

                      Comment

                      • Massive Lee
                        R3V OG
                        • Sep 2006
                        • 6782

                        #12
                        Originally posted by mrsleeve
                        But then again these are loans, they are free to do as they wish with them. But this is still just not right.
                        Not necessarely true. You can't go to the bank for a mortgage on a new house, and spend the money on strippers. Bank could ask for an immediate refund. Same with the rescue money. GM got it only to save jobs in the US. The same way Obama's office is requiring to limit companies' presidents' salaries to a ceiling as a condition to receive a loan...

                        Lee
                        Brake harder. Go faster. No shit.

                        massivebrakes.com

                        http://www.facebook.com/pages/Massiv...78417442267056





                        Comment

                        • Farbin Kaiber
                          Lil' Puppet
                          • Jul 2007
                          • 29502

                          #13
                          New Deal II

                          Comment

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

                            #14
                            Originally posted by Kilomph

                            Only answer here is:

                            RON PAUL.

                            But he had no chance, right? He's a crazy old twat!
                            So, ignoring the fact that he has *zero* support on either side of the aisle, and that he managed less than 1% of the popular vote (okay, 30% in the battleground state of wyoming), and that his background consists of being an obstectrician, a white power newsletter author, and a congressman from a small texas jurisdiction, and has a platform that consists of not much more than "burn it all down", what would Your God and Saviour Ron Paul have done here? Mobilize all the WoW nerds and stoners into becoming productive members of society?

                            -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

                            • Farbin Kaiber
                              Lil' Puppet
                              • Jul 2007
                              • 29502

                              #15
                              ^^^ I love when reality whips it's dick out, slams it on the coffee table, looks at you and asks "So, What did you bring to the party?"

                              Comment

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