User Tag List

+ Reply to Thread
Results 1 to 9 of 9

Thread: GM Reports Largest Annual Profits Ever

  1. #1
    Original Ranter
    Points: 112,719, Level: 81
    Level completed: 69%, Points required for next Level: 931
    Overall activity: 0.1%
    Achievements:
    SocialTagger Second Class50000 Experience PointsYour first GroupVeteran
    Conley's Avatar Senior Member
    Karma
    7413
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    112,719
    Level
    81
    Thanks Given
    4,582
    Thanked 2,511x in 2,019 Posts
    Mentioned
    238 Post(s)
    Tagged
    1 Thread(s)

    GM Reports Largest Annual Profits Ever

    General Motors reported the largest annual profit in its history on Thursday, but losses in Europe dragged down fourth-quarter earnings.

    G.M. said it earned a quarterly profit of $472 million, or 28 cents a share, down from $510 million, or 31 cents a share, a year ago. It was the eighth-consecutive quarterly profit for the carmaker, which cleansed much of its debt in bankruptcy years ago, but also the smallest during that stretch.

    http://www.nytimes.com/2012/02/17/bu...al-profit.html

    Look at that, with a bunch of federal money and the ability to declare bankruptcy to eliminate any debts on the books, G.M. is doing great. Must be nice to have the government helping you out like that.

  2. #2
    Original Ranter
    Points: 297,707, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 41.0%
    Achievements:
    SocialRecommendation Second ClassOverdrive50000 Experience PointsVeteran
    Mister D's Avatar Senior Member
    Karma
    416529
    Join Date
    Jun 2011
    Posts
    117,870
    Points
    297,707
    Level
    100
    Thanks Given
    25,300
    Thanked 53,474x in 36,449 Posts
    Mentioned
    1102 Post(s)
    Tagged
    1 Thread(s)
    Time to pay the taxpayers back.
    Whoever criticizes capitalism, while approving immigration, whose working class is its first victim, had better shut up. Whoever criticizes immigration, while remaining silent about capitalism, should do the same.


    ~Alain de Benoist


  3. #3
    Original Ranter
    Points: 112,719, Level: 81
    Level completed: 69%, Points required for next Level: 931
    Overall activity: 0.1%
    Achievements:
    SocialTagger Second Class50000 Experience PointsYour first GroupVeteran
    Conley's Avatar Senior Member
    Karma
    7413
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    112,719
    Level
    81
    Thanks Given
    4,582
    Thanked 2,511x in 2,019 Posts
    Mentioned
    238 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Mister D View Post
    Time to pay the taxpayers back.
    Taxpayers won't see a dime but you can bet some of those profits will go right back into political campaigns.

  4. #4
    Original Ranter
    Points: 297,707, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 41.0%
    Achievements:
    SocialRecommendation Second ClassOverdrive50000 Experience PointsVeteran
    Mister D's Avatar Senior Member
    Karma
    416529
    Join Date
    Jun 2011
    Posts
    117,870
    Points
    297,707
    Level
    100
    Thanks Given
    25,300
    Thanked 53,474x in 36,449 Posts
    Mentioned
    1102 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Conley View Post
    Taxpayers won't see a dime but you can bet some of those profits will go right back into political campaigns.
    Hmmm...yeah that's sure to happen.
    Whoever criticizes capitalism, while approving immigration, whose working class is its first victim, had better shut up. Whoever criticizes immigration, while remaining silent about capitalism, should do the same.


    ~Alain de Benoist


  5. #5
    Original Ranter
    Points: 112,719, Level: 81
    Level completed: 69%, Points required for next Level: 931
    Overall activity: 0.1%
    Achievements:
    SocialTagger Second Class50000 Experience PointsYour first GroupVeteran
    Conley's Avatar Senior Member
    Karma
    7413
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    112,719
    Level
    81
    Thanks Given
    4,582
    Thanked 2,511x in 2,019 Posts
    Mentioned
    238 Post(s)
    Tagged
    1 Thread(s)
    Corporations are people too, they have the right to elect whoever will treat them most favorably. Actually, corporations are one step above people because they can still declare bankruptcy and walk away unscathed, plus they can get even better handouts and afford to pay Clint Eastwood to star in their commercials! I wish I were a corporation.

  6. #6
    Original Ranter
    Points: 297,707, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 41.0%
    Achievements:
    SocialRecommendation Second ClassOverdrive50000 Experience PointsVeteran
    Mister D's Avatar Senior Member
    Karma
    416529
    Join Date
    Jun 2011
    Posts
    117,870
    Points
    297,707
    Level
    100
    Thanks Given
    25,300
    Thanked 53,474x in 36,449 Posts
    Mentioned
    1102 Post(s)
    Tagged
    1 Thread(s)
    Conley Inc.
    Whoever criticizes capitalism, while approving immigration, whose working class is its first victim, had better shut up. Whoever criticizes immigration, while remaining silent about capitalism, should do the same.


    ~Alain de Benoist


  7. #7
    Original Ranter
    Points: 112,719, Level: 81
    Level completed: 69%, Points required for next Level: 931
    Overall activity: 0.1%
    Achievements:
    SocialTagger Second Class50000 Experience PointsYour first GroupVeteran
    Conley's Avatar Senior Member
    Karma
    7413
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    112,719
    Level
    81
    Thanks Given
    4,582
    Thanked 2,511x in 2,019 Posts
    Mentioned
    238 Post(s)
    Tagged
    1 Thread(s)
    Quote Originally Posted by Mister D View Post
    Conley Inc.
    Love it. Our business model is getting paid to post on forums. We'll use green computers and score a $500B grant from the White House.

  8. The Following User Says Thank You to Conley For This Useful Post:

    Mister D (02-16-2012)

  9. #8
    Original Ranter
    Points: 388,252, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 0.2%
    Achievements:
    SocialRecommendation Second ClassOverdriveTagger First Class50000 Experience PointsVeteran
    MMC's Avatar Senior Member
    Karma
    70166
    Join Date
    Jun 2011
    Location
    Chicago Illinois
    Posts
    89,892
    Points
    388,252
    Level
    100
    Thanks Given
    54,131
    Thanked 39,163x in 27,727 Posts
    Mentioned
    243 Post(s)
    Tagged
    0 Thread(s)
    Good thing Toyota had all those problems, which also affected their Lexus. Then that Tsunami and Earthquake rocked Japan. Causing Honda and Suzuki to lose money. Course then the reactors. Affected Bike sales too. So i don't think GM and those boysz should be to comfortable.

    Kudos to Ford for not taking any bailout money and earning theirs.
    History does not long Entrust the care of Freedom, to the Weak or Timid!!!!! Dwight D. Eisenhower ~

  10. #9
    Original Ranter
    Points: 112,719, Level: 81
    Level completed: 69%, Points required for next Level: 931
    Overall activity: 0.1%
    Achievements:
    SocialTagger Second Class50000 Experience PointsYour first GroupVeteran
    Conley's Avatar Senior Member
    Karma
    7413
    Join Date
    Jun 2011
    Posts
    22,473
    Points
    112,719
    Level
    81
    Thanks Given
    4,582
    Thanked 2,511x in 2,019 Posts
    Mentioned
    238 Post(s)
    Tagged
    1 Thread(s)
    Good point about Ford. I either didn't know that or had forgotten. They deserve a lot of good will for that.

  11. The Following User Says Thank You to Conley For This Useful Post:

    MMC (02-16-2012)

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts