NJFBOA - Home of New Jersey's Camaros and Firebirds - View Single Post - So it's just about official..GM files for Chapter 11

Frosty · 06-02-2009, 05:57 PM

Al, there are a few worries I have about this whole thing...taxpayers were against this, the general public was against this. Some officials from the administration said yesterday they don't think they'll be able to recoup all the money GM is getting...if there's an outcry in years to come about the government/taxpayers getting paid back you bet your ass the government will pull strings so they can "do something". Again, perception is everything..if people perceive they're getting screwed there's going to be outrage.

I really feel the government will at some point tell GM what to do. I hope I'm wrong, I hope I'm out in left field somewhere but I flat out don't trust this administration and I didn't agree with Bush's distribution of bail out funds either.

I know the 'vette and Camaro are safe and I'm all for fuel efficient vehicles to a point...not every vehicle needs to be a 50mpg Prius that can't get out of it's own way.

06-02-2009, 05:57 PM	#12
Frosty Join Date: Dec 2005 Location: Mays Landing, NJ Posts: 7,108 iTrader: (1)	Al, there are a few worries I have about this whole thing...taxpayers were against this, the general public was against this. Some officials from the administration said yesterday they don't think they'll be able to recoup all the money GM is getting...if there's an outcry in years to come about the government/taxpayers getting paid back you bet your ass the government will pull strings so they can "do something". Again, perception is everything..if people perceive they're getting screwed there's going to be outrage. I really feel the government will at some point tell GM what to do. I hope I'm wrong, I hope I'm out in left field somewhere but I flat out don't trust this administration and I didn't agree with Bush's distribution of bail out funds either. I know the 'vette and Camaro are safe and I'm all for fuel efficient vehicles to a point...not every vehicle needs to be a 50mpg Prius that can't get out of it's own way. __________________ 2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler 2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)