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By PUMA Pundit on August 31, 2009
Great news for the US economy. While unemployment continues to rise, GM which was bailed out with taxpayer money not too long ago, has found $293 million to create jobs in China. I guess Communists need to stick together, or is this another case of no pressure being exerted?… Reuters General Motors said on Sunday [...]
Posted in Economy | Tagged changchun, china, FAW Group, general motors, jilin province |
By PUMA Pundit on July 22, 2009
Oh no, say it ain’t so… I thought Obama had the magic cure for all ailments real and imagined? General Motors posted Wednesday a 22 percent global sales drop from a year earlier for the first six months of 2009 amid the economic slowdown and the automaker’s slide into bankruptcy. While this won’t destroy his [...]
Posted in Economy | Tagged barack obama, general motors, gm, gm bankruptcy, government motors
By PUMA Pundit on July 21, 2009
Great to know that the Czar of Czars, Barack Obama has decided to revoke his warranty on GM and Chrysler cars… I wonder how this will play out long term. Ron Bloom, who heads the presidential auto task force, also said the administration had ended its program to guarantee warranties on GM and Chrysler vehicles [...]
Posted in White House | Tagged barack obama, car czar, chrysler, general motors, gm, ron bloom
By PUMA Pundit on May 26, 2009
Q. How dumb is Joe Biden? A. I suspect this will become a recurring question in this column, as it gets asked nearly every time he does or says something stupid. For the record I always respond by answering “Very”. Last week he nearly caused a swine flu panic, this time he: a.) Gave away [...]
Posted in Op-Ed | Tagged al gore, barack obama, bush administration, Carrie Prejean, cia, clarence thomas, congress, dick cheney, general motors, george w. bush, gitmo, gm, joe biden, Nancy Pelosi, rush limbaugh, uaw, united auto workers, waterbording
By PUMA Pundit on May 20, 2009
For the upteenth time. The only way to make GM profitable is to remove the stranglehold the Unions have on the cost of production. A cost that adds an average $2,000 to every vehicle produced, and thus renders them more expensive than their non-union made counterparts. Well, Obama in his infinite wisdom has decided to [...]
Posted in Featured | Tagged barack obama, general motors, gm, uaw, united auto workers |