Government bailout of holden

[roadhound]

Just looking at the news tonight about the $200+ mil
injection of funds to keep holden going for a while.
Apart the slick FJ I cant help but notice the shiny smick
yellow CAMARO in the picture.My point is are we finally
going to get one of these built for us here or just a mirage
if it is why is it on the news, another lie!!!!!.....:pat:

[LeighP]

Standard GM Corporate play...they go cap in hand to any government that'll listen and claim they have to pull out...if they don't get a fist full of taxpayers dollars.

When are pollies going to learn this play, and call their bluff?  :boxing:

[ozpont]

.. NO... .. the reason appears to be  jointly good corporate timing &  a desperate Federal government to win SA & union votes....... & its spin ability ...after all you can promise anything.. when its only borrowed money the current government will never have to pay back...
  GM designed the 5th gen Camaro primarily IN AUSTRALIA..as you would know....  using GM's "Holden By Design" team.. a GREAT team..( now apparently designing the next Cherry's or other Chinese cars..)... .. out of Fishermens Bend.. "VICTORIA"... hence the Camaro in the background.

... and here's the spin.. why then .. with Holden's huge facilities in Victoria.. and its design studio's etc.. could they not have ramped up the 10 seconds of media spin...." in Victoria "..??.. ..one answer.....cause in the lead up to the well timed resolve.. just days out from the  QLD Elections it might help make the ALP look good....  AND.. the fact that SA is a major Labor Voting state.. .. unlike the mainland east coast states.. now all Liberals.. where there is NO point putting Labor Dollars in the "BUY A VOTE" spin kitty..

    Strange how but.. the Federal Government .. and the Greens.. who seem to  Hate Cars.. Hate Iron Ore, hate coal fired power.... that goes to make non solar electricity &  steel .. that goes into cars.. that makes that Horrid Stuff "Carbon".. SO MUCH SO.. that they introduce an industry KILLING Carbon Tax.... & nowhere is there early signs of its looming damage then the Illawarra.....
  $280 million .. of BORROWED funds... Not Tax payers Dollars.. Borrowed overseas Funds......given to an Overseas Controlled Company.. who make these Dirty Carbon Emitting, Iron Ore consuming.. things.....!!   Sorry .. I'm confused...

    Holden is worth MORE then the $280 million pledge they will tie the future federal governments too... over the 10 year plan - in comparison..... think about HOW MUCH of YOUR CARBON TAX will now go off shore into Africa, India, China, the UN... and to "appointed consultants".. how many BILLIONS will flow out of the country.. wasted.. NOT to the MaCarthur or Illawarra....not Sydney's depressed working class areas....not used to improve the remaining years of our diggers lives or our kids futures.. or hospitals.. or Trees or..... the brown spotted frog..     But will be spent lining the coffers or those connected &  on Greens Candidates and the likes....!
    Holden is a bargain...!

    I'm glad SA workers will be supported.. its not before time..
   
      The Chinese have been doing it for the last few decades..Look at Dick Smith today giving away 100,000 cans of Beetroot at Manly as imports using DDT from China are now 30-50% cheaper.. Aussie farmers are plowing crops back into the ground and closing up.
    A Smarter China in the last year has now also even moved quietly - VERY SMARTLY... to further forward support there customers internationally ... having  now set up a freight service to SERVICE CHINESE MADE GOODS out of China.. AND now out of the USA and parts of Europe where formally .. the European or USA makers have predominently shifted production to China... the service now undercuts all postal rates.. all Fedex/UPS..all USPS.. etc..
      And that's Exactly .. what OUR countries governments  (all ....) should be doing here.. to start with make LPG mandated cheaper.. Electricity for industry and commerce subsidized.. etc.. BUILD OUR COUNTRY... like China has..
     
       GM Holden  helps us more then we know.. I think the deal was a bargain....!

(sorry for the rant... I just care about where we're headed & its implications for all........) :sorry:smile:
     

[LeighP]

Preaching to the choir about Labor, Dave......can't wait to show them the door.

[Steve]

Preaching to the choir about Labor, Dave......can't wait to show them the door.

+1

[Spokes]

Preaching to the choir about Labor, Dave......can't wait to show them the door.

+1

+2