The Briefing Room
General Category => Economy/Business => Topic started by: truth_seeker on October 30, 2013, 06:20:14 pm
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http://news.investors.com/business/103013-677226-general-motors-stock-rises-on-strong-demand-for-trucks.htm
"General Motors (GM) stock gapped up in five times usual volume early Wednesday after it said third-quarter earnings and sales grew, and it topped earnings expectations.
Strong demand in the U.S, especially for its luxury cars and new pickups, and a smaller loss in Europe, drove earnings growth."
I'm posting this, to demonstrate the ineffectiveness of true conservatives' boycott of GM, and their oft-stated wishes for bad results at GM.
How's that strategy-tactic working? How does that strategy make conservatism look to Americans; wishing bad things for American companies and American workers?
Ever wonder why it is so easy for the media to generate negative portrayals of conservatism?
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Love the one lone, cynical comment at the bottom of the article page:
"Hope they're considering paying back the $10B they owe taxpayers."
:laugh:
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The Treasury has already booked a loss in the billions on the sale of the stock the government gave itself when it stole GM from its rightful owners. It's sure easy to show a profit when you had all your debt cancelled for you - even though the managers and union parasites who ran that debt up were never fired or disciplined - and the government strong-arms your non-union employees for you.
I will never, ever, ever buy a Chevrolet built in 2008 or later - until and unless the present abortion goes through at least one honest bankruptcy and the unions for whom GM was stolen themselves get wiped out.