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GM Chief Says US Needs to Live Within Its Means

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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 12:53 PM
Original message
GM Chief Says US Needs to Live Within Its Means
SOUTH BEND, Ind. (AP) — The top executive at General Motors Co. says the nation needs to live within its means, saying both Social Security and Medicare need to be changed and improvements are needed in the public education system.

GM Chairman and CEO Dan Akerson made the remarks during a talk Friday to about 300 University of Notre Dame students about leadership.

A student asked him whether he would take a stance in favor of President Barack Obama's jobs plan because it would be a chance for GM to do some good and give back some its profits after receiving a government bailout.

Akerson says it isn't his job to solve the nation's problems. Akerson says he's going to focus on his job of turning a profit and let lawmakers solve the nation's problems.

http://www.nytimes.com/aponline/2011/09/09/business/AP-US-GM-CEO.html

Maybe we shouldn't have bailed his ass out. (I know, I know, the workers jobs saved were worth it, but this stuff still enrages me)
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meegbear Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 12:55 PM
Response to Original message
1. "Akerson says it isn't his job to solve the nation's problems" ...
so then why should anyone listen to you about this?
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 12:57 PM
Response to Original message
2. GM didnt live withing its means and still doesnt - has this parasite paid us back yet? nt
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 12:59 PM
Response to Original message
3. GM and its CEO sure lived high on the hog right before they asked for a bailout.
Maybe the thieving corporation should take its own advice.
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Broderick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:01 PM
Response to Original message
4. And the CEO of GE
says shut up and pay your taxes and quit whining about jobs. Meanwhile GE paid zero income taxes on billions and he ships high tech manufacturing jobs to China.
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chrisa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:01 PM
Response to Original message
5. People who eat lobster and filet mignon every meal telling people to live within their means.
Classic.
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n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:02 PM
Response to Original message
6. Maybe he should have a chat with Darth Cheney
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bullwinkle428 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:02 PM
Response to Original message
7. Takes some stones, after the government help they received.
The word for the day is "ingrate".
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Blue_Tires Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:41 PM
Response to Reply #7
15. +1000
The phrase for the day is "complete lack of self-awareness"
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ixion Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:03 PM
Response to Original message
8. Which is the reason GM shouldn't have been bailed out
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demwing Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:03 PM
Response to Original message
9. GM paid off the 7 Billion the US lent the company
but as far as I know, still owes us about 45 billion which we used to buy 61% of the damn company.

We OWN you fuckers.

Now sit down & shut the fuck up before I demote you to the mail room, Danny boy.
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indepat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:08 PM
Response to Original message
10. What an utter diabolical fuck-wad to not suggest revenue enhancement rather than implying
social security and Medicare must be gutted to pay for junior's and BHO's tax cuts and wars and the financial disaster wrought by Wall Streeters. Will buy no GM vehicle on this MFer's watch, not today, not next year, not next decade. :patriot:
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DJ13 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:14 PM
Response to Original message
11. If they do that, who could afford a GM car or truck?
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HughBeaumont Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:27 PM
Response to Original message
12. Think about this:
GM used to be one of, if not THE, largest employer in the world.

Should the head of a company that went from being the largest employer in the world to fucking bankrupt in a matter of a decade and some change be telling me or ANYone how to live their lives???

GM's upper echelon didn't even listen to their own customers or workers, but instead listened to their bean counter management, who slashed and burned payrolls and took their eye off the product.

It's Profit vs Humanity.
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hifiguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:32 PM
Response to Original message
13. The classic definition of chutzpah
is the guy who murders his parents and then begs for mercy from the judge because he is an orphan.

This fucker, who wouldn't have the job he has today if GM hadn't been bailed out, should be drawn and quartered and then burned at the stake for these comments. What a colossal shitheel. :puke:
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Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 01:39 PM
Response to Original message
14. Dan Akerson wasn't CEO of the pre-bankruptcy GM. He was selected by the Obama admin. nt
An "outsider" to GM. :hi:
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 02:08 PM
Response to Original message
16. LOL biting the hand that bailed him out.
This isn't from The Onion, right?
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Supersedeas Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 02:21 PM
Response to Original message
17. Wow, that's rich, isn't it?
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 02:29 PM
Response to Original message
18. Ok, Mr. Akerson. GIVE THE MONEY BACK. Every penny. Right fucking now.
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saras Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 03:26 PM
Response to Original message
19. We didn't have to bail his ass out to save jobs - we could have given the workers the company.
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