Announcments
  • REALIST NEWS: Where you don't have to worry about drama. No Spam posts and STAY ON TOPIC. This is an important news website.
  • Registered Members: You can now "Favorite" any thread. See THIS THREAD

When posting content located on some other website, please post no more than 20% of their content and always provide a link. Also, Multiple forum handles/IDs are NOT permitted.
If you see a spam post please click the "Report" button on that specific post. Also, what I don't want on my forum is name calling and cussing at people or direct insults. Thanks

Post Reply 
 
Thread Rating:
  • 1 Vote(s) - 5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
General Motors is becoming China Motors
05-31-2012, 01:09 PM
Post: #1
General Motors is becoming China Motors
0
0

My Youtube Channel: http://www.youtube.com/jsnip4

"The further a society drifts from truth, the more it will hate those that speak it." -George Orwell
Visit this user's website Find all posts by this user
Quote this message in a reply
05-31-2012, 03:57 PM
Post: #2
RE: General Motors is becoming China Motors
0
0
Disgusting. So blatant, yet so many asleep and don't see how shitty of a deal the Auto Bailouts were/are. A damn shame... a damn damn shame!

I am not afraid.
Find all posts by this user
Quote this message in a reply
05-31-2012, 10:22 PM (This post was last modified: 05-31-2012 10:44 PM by joerobo.)
Post: #3
RE: General Motors is becoming China Motors
0
0
How do you say Channel Stuffing in Mandarin?

[Image: GM%20Channel%20Stuffing_0.jpg]
Large image

http://www.zerohedge.com/news/latest-par...l-stuffing
and.. http://www.zerohedge.com/news/chinese-ca...uts-arrive

"In addition to the more than $50 billion given to General Motors in the bailout, the Obama administration quietly snuck in a special tax break for GM, which allows the company to write off approximately $45 billion in post-bankruptcy losses against post-bankruptcy profits.

The result? In 2011, GM paid nothing in federal income taxes despite claiming record profits of $7.6 billion, the “highest profits in the 100 year history of that company” according to President Obama.

In fact, that’s not quite right. GM paid a tax rate of negative 1.5% on its record profits – less than nothing.

That’s right, while you were paying your income taxes last month, the IRS was sending General Motors a check for $110 million. And GM’s tax break is a gift that will keep on giving every year at tax time.

It’s good for twenty years. "
http://www.foxnews.com/opinion/2012/05/1...taxpayers/

Free billions, negative tax rate, faked sales numbers, and still only $22 a share. Mind boggling indeed.

Ron Paul 2012

/dev/null
Find all posts by this user
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread Author Replies Views Last Post
  Israel applies to join AIIB China Thinker 2 165 Yesterday 01:26 AM
Last Post: Thinker
  Chemical Plant Explodes Causes Massive Blaze In China Thinker 1 238 04-06-2015 10:57 PM
Last Post: Thinker
  China evacuates foreigners from Yemen in first such operation Thinker 4 593 04-06-2015 07:41 PM
Last Post: Thinker
  Greece Prepares RETURN to DRACHMA! Can't Pay IMF as China and Russia Bailout! Thinker 1 331 04-05-2015 06:41 PM
Last Post: Thinker
Sad Israel's General Benny Gantz Says ; Israel Must Launch A "Swift, Painful" War On Gaza People4People 2 779 04-03-2015 12:55 PM
Last Post: Thinker
  Currency War! 40 Countries Join China in Asian Infrastructure Investment Bank! Thinker 4 439 04-02-2015 04:17 PM
Last Post: Thinker
  China’s yuan doesn’t qualify to join IMF: US Thinker 2 221 04-01-2015 11:39 PM
Last Post: Thinker
  One world bank? Russia 'to join China-led development bank' Thinker 1 347 03-28-2015 05:36 PM
Last Post: Thinker
  China wants to ban U.S. banking technology Thinker 0 344 03-28-2015 12:49 AM
Last Post: Thinker
  US General Recommends ''Shielding'' Terrorists In Syria Thinker 0 253 03-27-2015 08:04 PM
Last Post: Thinker
  China gives 'priority list' of wanted officials to U.S. Thinker 0 326 03-25-2015 03:11 AM
Last Post: Thinker
  Lagarde says IMF to co-operate with China-led AIIB bank Thinker 0 362 03-23-2015 12:01 AM
Last Post: Thinker
Thumbs Down Attorney General Eric Holder's Enabled Calamities People4People 0 319 03-17-2015 12:40 PM
Last Post: People4People
  Thousands REVOLT In China Against Police Brutality Cops Who Beat Woman In Street, die Thinker 3 442 03-14-2015 11:30 PM
Last Post: Thinker
  De-Dollarization Continues, China And Russia Prepare To Drop SWIFT Thinker 2 542 03-13-2015 06:03 PM
Last Post: Thinker
  US Southern Command General Says IS Recruits Could Enter America Via Southern Nations People4People 0 206 03-13-2015 10:48 AM
Last Post: People4People
Information U.S. Attorney General Eric Holder Still On The Jobs Threatens Police Department People4People 3 312 03-08-2015 04:00 PM
Last Post: Thinker
  China Warns U.S. to Stop Its Ukrainian Proxy War Against Russia Thinker 1 958 03-03-2015 08:11 PM
Last Post: HG Spacetime
Shocked Obama’s Attorney General Nominee In Boiling Water Over Banking Scandal People4People 1 540 02-26-2015 12:46 PM
Last Post: Jsnip4
  U.S. Attorneys General Form Secret Alliance To Help Energy Companies Thinker 0 254 02-09-2015 10:10 PM
Last Post: Thinker

Forum Jump:


User(s) browsing this thread: 1 Guest(s)