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 Post subject: Welcome to Gub'Mint Motors
PostPosted: Thu Mar 18, 2010 9:42 pm 
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Quote:
Hacker Disables More Than 100 Cars Remotely
Wired News, by Kevin Poulsen


More than 100 drivers in Austin, Texas found their cars disabled or the horns honking out of control, after an intruder ran amok in a web-based vehicle-immobilization system normally used to get the attention of consumers delinquent in their auto payments.

Police with Austin’s High Tech Crime Unit on Wednesday arrested 20-year-old Omar Ramos-Lopez, a former Texas Auto Center employee who was laid off last month, and allegedly sought revenge by bricking the cars sold from the dealership’s four Austin-area lots.

“We initially dismissed it as mechanical failure,” says Texas Auto Center manager Martin Garcia. “We started having a rash of up to a hundred customers at one time complaining. Some customers complained of the horns going off in the middle of the night. The only option they had was to remove the battery.”


Read More http://www.wired.com/threatlevel/2010/0 ... z0ianjEtc6


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Mar 18, 2010 10:03 pm 
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web-based vehicle-immobilization system normally used to get the attention of consumers delinquent in their auto payments.

Never buy a car with that crap in it! But of course these buyers are considered high risk so what are they gonna do about it? Gotta get it now! I say do without until you can pay cash for dependable transportation. The fact that somebody easily cracked their code and also happened to have inside information on procedures means that it's probably an easy target for hackers. And there have been reports of lenders shutting down cars due to clerical errors so if you depend on your car you can be stuck even if you make payments on time. Heaven help you if you have kids to pick up or you get shut down or can't get home from the grocery store.

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Mar 18, 2010 11:31 pm 
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Moby Grape wrote:
Austin, Texas


Was he a Republican?


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Mar 18, 2010 11:40 pm 
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Chairman Mao wrote:
Moby Grape wrote:
Austin, Texas


Was he a Republican?


Oh course not! He was a Messican.

(Get it? He made a mess)

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If you voted for the Dems don't be surprised when things don't turn out quite as you were led to expect. Some might call it pure Marxism. But the problem with Obama economics is there's not enough money in the world to make it work.


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Mon Jul 19, 2010 6:38 am 
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Quote:
Audit Questions Dealership Closings
New York Times, by Nick Bunkley


DETROIT — President Obama’s auto task force pressed General Motors and Chrysler to close scores of dealerships without adequately considering the jobs that would be lost or having a firm idea of the cost savings that would be achieved, an audit of the process has concluded. The report by Neil M. Barofsky, the special inspector general for the Troubled Asset Relief Program of the Treasury Department, said both carmakers needed to shut down some underperforming dealerships. But it questioned whether the cuts should have been made so quickly, particularly during a recession.


the bullshit we were shoveled at the time this began was that under performing dealerships would be closed.

However some of Whiteys most profitable dealerships were closed ...and not only that but almost all of the ones that shut their doors were supporters of the Republican party. Not one minority owned auto business was affected by this..

and you ass hole liberals just stare into the headlights with that dumb look on your faces mumbling mmmmm mmmmm mmmmm barack hussien obama while he illegally overstepped his authority to take over businesses.

and yet you morons blow up any time somebody criticizes this traitor for his actions.

The Hitler/Stalin comparison is so on the mark with this lying pos and you wouldn't see it if it kicked you square in the face. If you don't realize by now what DUMBO is doing you probably have your face welded to his ass.

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Jul 22, 2010 8:51 am 
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Quote:
Race Played Role in Obama Car Dealer Closures
American Thinker, by William Tate

The Obama administration, already under fire for unprecedented allegations of racial bias, faces a new bias claim from a most unlikely source: one of the administration's own inspectors general.

Decisions on which car dealerships to close as part of the auto industry bailout -- closures the Obama administration forced on General Motors and Chrysler -- were based in part on race and gender, according to a report by Troubled Asset Relief Program Special Inspector General Neal M. Barofsky.

[D]ealerships were retained because they were recently appointed, were key wholesale parts dealers, or were minority- or woman-owned dealerships. [Emphasis added.]


Thus, to meet numbers forced on them by the Obama administration, General Motors and Chrysler were forced to shutter other, potentially more viable, dealerships. The livelihood of potentially tens of thousands of families was thus eliminated simply because their dealerships were not minority- or woman-owned.

As has been widely reported, the Inspector General's study skewered the Obama Gang for strong-arming the companies into closing 2,000 dealerships, costing an estimated 100,000 people their jobs during a recession.

But the news media has ignored key elements of Barofsky's report -- elements that are far more damaging, if possible, to Obama. As we reported earlier in the week, a top Obama official, manufacturing czar and "Auto Team" leader Ron Bloom admitted that the dealerships could have been kept open, saving those jobs, "but that doing so would have been inconsistent with the President's mandate for 'shared sacrifice.'"

Barofsky says the administration insisted on the closings even though a GM official told him

that GM would usually save 'not one damn cent' by closing any particular dealership. ... Furthermore, a GM official stated that removing a dealership from the network does not save money for GM -- it might even cost GM money -- and that savings cannot be attributed or assigned to any one dealership.


And a reading of the IG's study makes plain that some dealership closings forced by the administration were based largely on politics.



http://www.americanthinker.com/2010/07/ ... a_car.html

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Jul 22, 2010 10:48 am 
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If true, the allegations of racial inequity are disturbing. To choose the dealerships to be closed, there should have been a set of numbers checked out. Only numbers - not who owns them! No way should higher-performing dealers be shut down in favor of lower $$ ones.


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Jul 22, 2010 3:09 pm 
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This is what GM (DUMBO) is doing instead of repaying it's loan

giving away cars to those who cannot afford them.

Quote:
GM to buy auto financing company AmeriCredit
Associated Press, by Tom Krisher


Detroit - General Motors Co. will buy AmeriCredit Corp. for $3.5 billion, a deal that allows the automaker to expand loans to customers with poor credit and offer more leases, key areas where GM must grow to accelerate its car sales. But the acquisition, announced Thursday, also means that GM, which is 61 percent owned by the U.S. government, is getting back into the business of making risky loans. AmeriCredit is an independent auto financing company that already works with about 4,000 GM dealers.


http://www.msnbc.msn.com/id/38358670/ns/business-autos/


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Jul 22, 2010 3:47 pm 
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Expand loans to those with poor credit???? This is totally stupid - did no one learn from the mortgage crisis?


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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Wed Apr 20, 2011 12:50 pm 
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DUMBOS GIFT TO THE UNIONS...an 11 BILLION pension bailout with YOUR TAX DOLLARS!!!!!


Quote:
Obama to Sell GM Stock at Huge Loss to Taxpayers
American Thinker, by J. Robert Smith


Wasn't the Obama administration supposed to make money back on a sale of GM stock? Or so Treasury Secretary Timothy Geithner and other administration officials suggested back in 2009. Now taxpayers learn that Mr. Obama wants out of GM and is willing to sell Washington's stockholdings short - to the tune of an estimated $11 billion loss. That's $11 billion in losses to taxpayers. Why would Mr. Obama want to dump GM stock for a huge loss now? Why not hold GM stock until the government can at least recover taxpayers' money?


http://www.americanthinker.com/blog/201 ... _huge.html


are you liberal doosh bags still happy you voted for this pos?

or are you going to blame someone else?

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Apr 21, 2011 5:13 am 
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I thought Obama said we made a profit on this deal but by my best understanding we lose $30+ bil in the end. And you trust this incompetent, progressive socialist to set the Federal budget? :roll:

Here's a thought. The Constitution says the House of Representatives is to set out the spending bills. Let's just follow the law from now on and see what happens. :smt004

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Thu Apr 21, 2011 6:47 am 
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Regionite wrote:
I thought Obama said we made a profit on this deal but by my best understanding we lose $30+ bil in the end. And you trust this incompetent, progressive socialist to set the Federal budget? :roll:


I don't...but chuck does.... anything that may go wrong he just blames Bush.

or Reagan.

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Sat Apr 23, 2011 3:03 pm 
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GM likely to retake No. 1 sales spot from Toyota
Quote:
DETROIT | General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota

http://www.nwitimes.com/business/local/article_cee61cb8-8c5a-5f4b-88b1-388a615db765.html

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Sat Apr 23, 2011 4:43 pm 
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chuckmo48 wrote:
GM likely to retake No. 1 sales spot from Toyota
Quote:
DETROIT | General Motors is almost certain to claim the title of world's biggest automaker this year, retaking the top spot from Toyota

http://www.nwitimes.com/business/local/article_cee61cb8-8c5a-5f4b-88b1-388a615db765.html

General Electric Paid No Federal Taxes in 2010

The top tax bracket for U.S. corporations stands at 35 percent, one of the highest rates in the world. So how is it possible that a giant of American business, General Electric, paid nothing in federal taxes last year, even as it made billions in profit?

And should the CEO of GE, Jeffrey Immelt, be advising the president on business?

For two years, President Obama has been talking about the need for corporate tax reform, declaring that the system is too complicated and that companies pay too much.

"Simplify, eliminate loopholes, treat everybody fairly," Obama said in February.

For those unaccustomed to the loopholes and shelters of the corporate tax code, GE's success at avoiding taxes is nothing short of extraordinary. The company, led by Immelt, earned $14.2 billion in profits in 2010, but it paid not a penny in taxes because the bulk of those profits, some $9 billion, were offshore. In fact, GE got a $3.2 billion tax benefit.

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 Post subject: Re: Welcome to Gub'Mint Motors
PostPosted: Sat Apr 23, 2011 7:31 pm 
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-={ARCLIGHT}=- wrote:
For those unaccustomed to the loopholes and shelters of the corporate tax code, GE's success at avoiding taxes is nothing short of extraordinary. The company, led by Immelt, earned $14.2 billion in profits in 2010, but it paid not a penny in taxes because the bulk of those profits, some $9 billion, were offshore. In fact, GE got a $3.2 billion tax benefit.

Republicans block ending offshore jobs US tax breaks
Quote:
U.S. Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.

With a largely party-line vote of 53-45, Democrats failed to muster the 60 votes needed to clear a Republican procedural hurdle against the measure, which would also give employers a tax break to hire new U.S. workers.

http://www.reuters.com/article/2010/09/28/usa-democrats-offshore-idUSN2821013620100928

_________________

I will lock her up! (DIDN'T HAPPEN)
I will repeal Obamacare (DIDN'T HAPPEN)
I will make Mexico to pay for the wall. (NO...WE ARE)
I will surround myself with the best people! (MOST ARE UNDER INVESTIGATION)


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