DonDiego Advises One Check the GM Recall List

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Originally posted by: pjstroh
Recalls are not mandated by law...they are a voluntary action of a company trying to improve the safety of their product. For years Toyota did not recall their cars which provided the false illusion their cars had better quality...and people probably remember how that ultimately turned out. The current GM recall fixes a problem that has not even been proven to be a problem. Perhaps mgmt. believes its better to be safe than sorry. That's a philosophy distinctly different from other corporations I can name....like BP...or Massey Coal....or PG&E just to name a few.

But back to Don Diego's point. I think most Americans bless the GM bailout which when all was said and done amounted to about 3 years worth of subsidies given to the oil industry....or about 2 months of occupation in Iraq. Even the most recent GOP presidential candidate had to finally give the bailout his blessing...even going so far as to say Obama did it the way he (MItt) said he should.

Even Mitt had to confess domestic economic stimulus, sales, and jobs are a tough thing to be against.

(by the way...wasn't GM supposed to be back in bankruptcy by now? I believe that was a prediction made by more than one of our resident conservatives. Lets add that prediction to the other golden eggs regarding inflation, healthcare impacts, minimum wage increases, Bengazhi, etc, etc...)

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Originally posted by: BobOrme

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Originally posted by: pjstroh
Recalls are not mandated by law...they are a voluntary action of a company trying to improve the safety of their product. For years Toyota did not recall their cars which provided the false illusion their cars had better quality...and people probably remember how that ultimately turned out. The current GM recall fixes a problem that has not even been proven to be a problem. Perhaps mgmt. believes its better to be safe than sorry. That's a philosophy distinctly different from other corporations I can name....like BP...or Massey Coal....or PG&E just to name a few.

But back to Don Diego's point. I think most Americans bless the GM bailout which when all was said and done amounted to about 3 years worth of subsidies given to the oil industry....or about 2 months of occupation in Iraq. Even the most recent GOP presidential candidate had to finally give the bailout his blessing...even going so far as to say Obama did it the way he (MItt) said he should.

Even Mitt had to confess domestic economic stimulus, sales, and jobs are a tough thing to be against.

(by the way...wasn't GM supposed to be back in bankruptcy by now? I believe that was a prediction made by more than one of our resident conservatives. Lets add that prediction to the other golden eggs regarding inflation, healthcare impacts, minimum wage increases, Bengazhi, etc, etc...)

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If my memory serves me right, the government fined Toyota over $2 billion on a recall based on a problem that no one actually proved to have resulted in accidents that caused any loss of life. Where is the government fine for GM, whose proven defects cost the lives of more than a dozen people and was purposely covered up for years? They have already recalled more cars this year than they actually manufactured over the last 2 years.

Your deflection to oil company tax exemptions (NOT subsidies) is comical. Oil companies still pay astronomical taxes. Part of the GM bailout exempts them from federal corporate income taxes. If you want an equal comparison, the government would have to exempt oil companies from paying corporate income taxes.

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