Image: New General Motors about to roll off assembly line      (AP)
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First buzzed by: Paul

New General Motors about to roll off assembly line (AP)

AP - The new General Motors is about to roll off the assembly line as a leaner, greener model, maybe even a profitable one, too. Once the world's largest and most powerful automaker, the troubled company was expected to emerge from bankruptcy protection by early Friday cleansed of massive debt and burdensome contracts that would have sunk it without federal loans. » Full Story on Yahoo! News

The opponents are the original problem and the problem now. They really believe if they make a new 1969 Camaro everything will be OK. The didn't get it and they still don't get it.

posted Jul 9, 2009 |
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I have driven nothing other than GM products for years... The last two I will ever buy are in my garage.

posted Jul 9, 2009 |
+28
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Man, I was just getting excited to start buying into GM cars. Now this happens. I guess I`ll just buy a Ferrari now.

posted Jul 9, 2009 |
+11
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They're emerging with no debt,thanks to the US taxpers.I wonder how we'll get out?

posted Jul 9, 2009 |
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IF Obama allows Ferrari to do what they know is a good thing...GM's change will be a good one. BUT if Obama continues his romance with Arabian oil...and continues to dictate what Ferrari can produce..then...we are in even more trouble....

posted Jul 9, 2009 |
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The RICH screwing the middleclass. Politicans getting their cut from the new GM. Go figure. I don't want to leave out the Judges.




Politicans and judges the evil of this country

posted Jul 9, 2009 |
+28
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I will never ever buy POS (Piece Of s*** from GM and I hoe they get sued up the f***** Ass The Judge was so wrong to approve the plan-I suspect he not only got paid under the table for his biased decision-but gave b***j** to the rich. As for our Dumb Ass President the more I see him just like the former Dork President-Goerge W. Bush-the only difference is Obama Mama is African-American rather than that he is the same crook as Bush-I only hope I can be forgiven for voting for a piece of trash and his garbage family-kets dump them before they lay waste to this Grand Ol America. Where in the hell is my stolen taxpayer money you f***** Crooks at GM and the White-House-now its the African-American House.

posted Jul 9, 2009 |
+4
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Just Curious... How are you haters going to blame this good news on Obama?

posted Jul 9, 2009 |
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OK, let's get down to business. Screw the secured bondholders and ignore the contractual agreements, check. Make sure the union gets a big enough chunk to cover the contractual agreements, check. Run the stock to worthlessness and screw investors, check. Take 90% for the government and the union, double check.

Now, just keep confiscating and wasting taxpayer money so you can keep running at a deficit, just like the government. You are now freed from bankruptcy. SEE YA!!

posted Jul 9, 2009 |
+40
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They bailed out GM to prevent them from going into bankruptcy. Now they're going bankrupt anyway! LOL

posted Jul 9, 2009 |
+22
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FORD has a BETTER IDEA .
GOVERNMENT MOTORS ------- you can now get any color as long as its GREEN !

DAHHHHHHHH.

posted Jul 9, 2009 |
+20
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Quick and clean, expect anything less, for you, nailed to the cross.

posted Jul 9, 2009 |
+6
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Bob

What a clear fixs by the governement--I will never own a GM product again--

posted Jul 9, 2009 |
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All of this could have been avoided if the government would stay out of private business and try to run its own. Big business needs to stop outsourcing American jobs. Once this is done and legal American workers have dependable work the economy will fix itself. Close the borders to illegal aliens and let legal American taxpayers take care of themselves. No need for Wall St. bailouts, stimulus packages or auot industry loans. When Americans work, America works.

posted Jul 9, 2009 |
+40
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"39 days, a record for a company its size" All they wanted to do is give it to the union. And take it off the dow to make the market look better.

Please check out the

http://www.drudgereport.com/

And join digg.com it's like buzz but with more people. Need help fighting the democrats there.

posted Jul 9, 2009 |
+16
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LET GM AND THE CORRUPT UNIONS DIE !!!!

posted Jul 9, 2009 |
+23
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Hey James: It's easy to blame things on the past administration but don't forget who has been in charge for the last two years. I hope your able to use your smug approach in four years when Obama has run this country into bankruptcy. Let the revolution begin. Chose up sides and find your tribes. Hone up those survival skills. This is going to get ugly.

posted Jul 9, 2009 |
+20
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I will never buy a Chrysler or GM car again. Never, never, never!

posted Jul 9, 2009 |
+14
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well i cant add anything that wasnt said and said well i didnt like ford for a lond time but know they are my only choice the other two screwed a lot of little people [us] with gov help at our exspence next tax year we ALL should just say take it out of my share of all the bail outs then there china we are screw my freinds

posted Jul 9, 2009 |
+6
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When is this nightmare going to end? The government gives a private co to the UAW? at the expense of the taxpayer and there is no outrage? WTF is going on

posted Jul 9, 2009 |
+21
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I will keep my 03 V6 GrandAM it may become a collectors item. Currently it gets 32 mpg at 70 mph with the A/C on full blast.
When bought it I gave my daughter the 4 banger KIA that delivered 28 mpg at 70 mph, 20mpg with the A/C on. I think GM will be around for a few more years. So to all you folks swearing that "I WILL NEVER HAVE ANOTHER GM CAR" I say you're full of crap. I say yes you will. So get over your outrage and help this AMERICAN company get back on their feet.

posted Jul 9, 2009 |
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OH, just like that, GM got it all figured out..oooooook right. Now that GM is soooooo smart, Don't ever knock on the tax payers doors again, sink or swim like the rest of the business world! Here's a idea...make a car worth a sh*t! Not some candy coated retro Camaro.

posted Jul 9, 2009 |
+10
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Isn't Creative accounting great?? Fix the numbers....not the problems. GM is a metaphor for what Obama is doing to America....shuffle numbers around and pretend you know what you're doing....but don't fix the underlying problems.....Then get the Associated Press drone journalists to call you a hero....it's a formula that's worked for over a year now.

posted Jul 9, 2009 |
+17
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f l

Well..coming out of bankruptsy so soon..Does that mean I can expect a 20 billion dollar rebate on my next GM purchase?

posted Jul 9, 2009 |
+21
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Beware: Any program labeled "Green" is just another political scam being perpetrated on those ignorant to the truth.

The real definition of "Green": The rich get richer and everyone else gets poorer. That's life in America under the Obama plan.

posted Jul 9, 2009 |
+20
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They should have let GM go under. Their defeat was caused primarily by poor management (who ended up with Golden Parachutes). They killed mass transit in the major cities and then killed the Electric Vehicle (EV1). Why my tax dollars went to trying to save them, I'll never know. People say that thousands of American workers would be put out of work but Toyota, Honda, Ford, and Chrysler would have taken up the slack. GM deserved to die - completely.

posted Jul 9, 2009 |
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Check out OB's new Approval numbers from Gallup .
Surprise!!!! 37% stongly disapprove 32% strongly approve.
And going down
ITS THE ECONOMY STUPID!!!!

posted Jul 9, 2009 |
+21
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Way to go OBAMA and you UNION BOY'S nice job of stepping on the small investor and ALL the TAX PAYERS. Now try to SELL the s*** you MAKE!

posted Jul 9, 2009 |
+14
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Screw GM, Chrysler and the UAW. I will never buy a product from them. Investors got ripped off (in voilation of contract and backruptcy laws) and the taxpayers will never be repaid the TARP money. The only winners here are the UAW and the Democrats. Everyone else loses big time.

posted Jul 9, 2009 |
+13
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Just another obama Power Grab.

Marxist Anti-Christ.

posted Jul 9, 2009 |
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