So a company becomes a great buy when the bondholders are told to go burn their bonds, the gov't takes 50 Billion dollars from us and puts it in the company, and now it's worth $30.00 a share? They still have billions in unfunded legacy pension costs and are wasting millions on an electric car that isn't electric, a car that no one will buy, even at its cost to manufacture. Count me out! Oh, except what they already took from me.
So Who's Buying GM Stock?
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i'm expecting a dividend check for my tax dollars investedAnother one of those classic genius posts, sure to generate responses. You log on the next day to see what your witty gem has produced to find no one gets it and 2 knotheads want to stick their dicks in it... Well played, sir!!Comment
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Writing In All Proper Case Takes Extra Time, Is Confusing To Read, And Is Completely Pointless.Comment
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I bought the Phaeton and my daughter drives a Beetle. Great cars and we haven't had any problems. I don't think parts are any more than a Japanese car.No! You can't have the keys to the wine cellar!Comment
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I've had several Italian cars and they are fun as a novelty but would be lousy daily drivers. If you don't warm the engine up on an a Italian car and drive it, you will have pre-mature engine failure. I picked up a Lamborghini on the cheap because the owner didn't warm the engine up, drove it hard and the cylinder sleeves went loose.No! You can't have the keys to the wine cellar!Comment
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As for assets to 'protect,' I'm not the one whining here about health insurance premiums...Comment
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That was like 20 years ago. Fiats are every bit as reliable as just about anything else. And comparing Alfa's to what? Horridly unreliable Audis, BMWs, or Mercedes? and for the most part, a VW is the last car I'd buy for reliability. They have some nicely styled stuff when you buy it, but it seems to fall apart in short order...Comment
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The Jetta TDI however...Comment
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That's because the New York State welfare department probably pays yours asshole. What do you do for a living and could you make it without government assistance?No! You can't have the keys to the wine cellar!Comment
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You obviously haven't had to repair them yet. Incidentally, the Beetle is notorious for starting on fire due to electronics issues...Comment
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That was like 20 years ago. Fiats are every bit as reliable as just about anything else. And comparing Alfa's to what? Horridly unreliable Audis, BMWs, or Mercedes? and for the most part, a VW is the last car I'd buy for reliability. They have some nicely styled stuff when you buy it, but it seems to fall apart in short order...No! You can't have the keys to the wine cellar!Comment
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What do you do for a living and could you make it without government assistance?Comment
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The old air cooled Beetles caught fire due to fuel lines leaking into the ignition system. The new Beetle is basically a Golf with a different body. A time proven car. My Phaeton is new so we will see.No! You can't have the keys to the wine cellar!Comment
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Agreed. For a time they were just nice alternatives to American cars and tended to handle well. But then everyone got a hard-on for them and anointed them the greatest status symbols ever. The truth is that they're really overrated nicely styled overpriced crap with nightmare electronics, although they're trying to improve that with mixed success and consistency...
Fiats have always been rust bucket shit.
VW's have been pretty damn reliable and plenty of old ones still running around. In fact, VW is the world's largest automaker.
If you want to talk Italian cars, I have one at the moment and have owned five in the past. If you warm them up, Lamborghinis are pretty reliable.Comment
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Well since Buffalo taxed itself into oblivion years ago and there isn't any real industry there anymore, I imagine most the place lives on the dole. The thing is who is going to pay for all these government programs you so love when there is no industrial base? Where's the money going to come from? The rich will just move out of the country which they are doing now.No! You can't have the keys to the wine cellar!Comment
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