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Thread: Good News and Bad News

  1. #61
    Senior Member Wade Randolph's Avatar
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    Rick your right I was crying all day long about this. My day was totally ruined.

  2. #62
    Senior Member Cedar Mill Limousine's Avatar
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    You never hear how much interest China is charging US for that money either. I wonder how much all this is really costing us!
    Rich Rottier
    219.808.0976 | richrottier@gmail.com

  3. #63
    Senior Member Wade Randolph's Avatar
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    Quote Originally Posted by Rick E. View Post
    Wade, this must not be a very good day for you.

    Not only did the taxpayers recoup their loan to GM, but they received the money back earlier then the loan terms called for. Today, GM announced that they made the final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, paying back the government loans in full, ahead of schedule."
    Rick last week must have been worse for you:

    Cadillac Escalade
    No1.jpg

    Segment: Luxury SUV
    CR Predicted Reliability Score: Fair
    CR Value Score: Rated among the worst in value
    CR Safety Score: Rated among the worst in safety.
    CR Overall Score: 61 out of 100
    J.D. Power Dependability Score: 2 out of 5 Power Circles
    MSRP: $62,495

    LOL worst vehicle on the road in value.

  4. #64
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    Let's look at those sale figures as provided by Automotive News - April 17th edition:

    1/1/2010 - 4/17/2010 Lincoln Navigator Total Sales 2,313 Units
    1/1/2010 - 4/17/2010 Cadillac Escalades Total Sales 12,426 Units

    The above figures include both the Regular + L on the Navigator and all versions of the Escalade.
    Rick E.
    City Limousine Sales
    √XTS Livery Sedans√Escalade ESV Livery Package SUV's√Lincoln & Cadillac Limousines & Funeral Coaches by Federal Coach√GMC Professional Grade SUV's & 15 Passenger Vans√Cadillac & Buick Passenger Cars, Crossovers, and SUV's.

    ~Stupidity might be hereditary, but ignorance should be painful!~

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  5. #65
    Senior Member Wade Randolph's Avatar
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    Quote Originally Posted by Rick E. View Post
    Let's look at those sale figures as provided by Automotive News - April 17th edition:

    1/1/2010 - 4/17/2010 Lincoln Navigator Total Sales 2,313 Units
    1/1/2010 - 4/17/2010 Cadillac Escalades Total Sales 12,426 Units

    The above figures include both the Regular + L on the Navigator and all versions of the Escalade.
    Again what was just rated the WORST value on the road today????

  6. #66
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    Just because the Navigator doesn't sell as many units doesn't mean that it isn't better quality or a better value. McDonald's sells a lot of Quarter Pounders but Red Robin sells a higher quality product.
    Tim Wiegman, Jr.
    Boulevard Limousine
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  7. #67
    Senior Member Wade Randolph's Avatar
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    Quote Originally Posted by Rick E. View Post
    Wade, this must not be a very good day for you.

    Not only did the taxpayers recoup their loan to GM, but they received the money back earlier then the loan terms called for. Today, GM announced that they made the final payment of $5.8 billion to the U.S. Treasury and Export Development Canada, paying back the government loans in full, ahead of schedule."
    Look at this. A fraudulent statement by a fraudulent company run by a fraudulent regime:

    General Motors is running ads on all the major networks this week claiming it has repaid its bailout from the taxpayers "in full." But the claim isn't standing up to scrutiny from lawmakers and government watchdogs who have found that the automaker was able to repay the bailout money only by dipping into a separate pot of bailout funds.


    printemailshare recommend (4) General Motors is running ads on all the major networks this week claiming it has repaid its bailout from the taxpayers "in full." But the claim isn't standing up to scrutiny from lawmakers and government watchdogs who have found that the automaker was able to repay the bailout money only by dipping into a separate pot of bailout funds.

    The TV spot may land GM in hot water with the Federal Trade Commission over its truth-in-advertising laws, which prohibit ads that are "likely to mislead consumers."

    "We have repaid our government loans in full with interest five years ahead of the original schedule," says Ed Whitacre, chairman and CEO of General Motors Company, asking Americans to give the bankrupt company another look.

    But a top Senate Republican has accused GM of misleading taxpayers about the loan repayment, saying the struggling auto giant was able to repay a $6.7 billion bailout loan only by using other bailout funds in a special escrow account.

    Iowa Sen. Chuck Grassley's charge was backed up by the inspector general for the bailout also known as the Trouble Asset Relief Program, or TARP. Watchdog Neil Barofsky told Fox News, as well as the Senate Finance Committee, that General Motors used bailout money to pay back the federal government.

    "It appears to be nothing more than an elaborate TARP money shuffle," Grassley, the ranking Republican on the Senate Finance Committee, said in a letter Thursday to Treasury Secretary Timothy Geithner.


    LOL they paid back bailout loans with another bailout loan. Not a good day for the long legged Mack Daddy.

  8. #68

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    The Navigator does not hold enough luggage to make it a viable unit in livery in my convention market.
    Dean Schuler

  9. #69
    Senior Member Cedar Mill Limousine's Avatar
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    Dean, have you checked out the "L"?
    Rich Rottier
    219.808.0976 | richrottier@gmail.com

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