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Do you believe that the GM government bailout was a good thing?

Gracie - Proud Conservative 2012/08/18 19:28:53
Yes, he saved the American automotive industry...
No, it was a travesty for all involved...
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First, let's get up to speed...watch this video so you can see how the money was borrowed and how it is being paid back.

http://www.dailyfinance.com/2012/08/15/taxpayers-gm-investmen...

Now, watch this video and see if you're as proud of GM and saving it as you should be. If you don't watch it, don't comment.


So, why does there continue to be so much proof that it's Obama that is directly and fragrantly outsourcing our tax dollars, and you still don't believe it?
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  • The Lib Hater. 2012/08/18 23:01:56 (edited)
    No, it was a travesty for all involved...
    The Lib Hater.
    +82
    They are losing market share, and building a crappier product, and in the case of the Volt it is way overpriced. In other words, nothing has changed at GM. They haven't lowered their labor cost, their materials cost. This company is going down. It's been said before, some companies have a marketing problem, some a product problem, some have a labor problem, and some have management problems. GM has all those problems. Here we have 0bama running around handing out our money to state, and local governments knowing he can't do it forever, because sooner or later GM is going to drive right into reality, and guess who will get hurt the most? The sucker taxpayer. The subject, not the citizen. Now you Libs out there still want to know how 0bama is taking away our rights? Yep we are forcefully invested in GM. See libs if I had rights in this country, I would invest in what I WANT to INVEST in. Not what 0bama wants me to invest in. Let 0bama invest his own money in GM. Just leave us the hell alone.
    General Motors Is Headed For Bankruptcy -- Again... From Forbes.
    http://www.forbes.com/sites/l...

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Opinions

  • Dennis Craig 2012/09/07 01:59:54
    No, it was a travesty for all involved...
    Dennis Craig
    +2
    Fact check and opinion:
    1. MANY companies go through the process of bankruptcy and emerge better and stronger. (United, Delta, Texaco, Dow Corning, etc.).
    2. Even if GM went "under" completely, millions would NOT have lost jobs. US Customers would STILL buy cars. US built cars, it is simply not cost effective to build them elsewhere and ship them here. So whether the cars purchased were Ford, Toyota or Honda...same number of cars would have been purchased and BUILT in the US by US personnel.
    Opinion:
    1. Governments should not pick winners or losers in ANY industry. How about the 1.3 million business' that filed for bankruptcy last year? Should the govt. have saved all of them.
    2. Delphi and many others companies were "screwed" by this deal. Is that fair to these companies, employees and inventors?
    3. GM will default on billions of dollars that you and I paid for with our hard earned money that was in turn taken in taxes.

    God Bless America
  • Gracie ... Dennis ... 2012/09/07 02:20:38
    Gracie - Proud Conservative
    AMEN, Dennis and yes...God Bless America!
  • Leonidas Dennis ... 2012/09/07 15:12:24
    Leonidas
    You confuse "built" with "assemble". All Toyota engines and transmissions are built in Japan and imported to the U.S. ASSEMBLY plants.
  • Leonidas 2012/08/23 11:03:41
    Yes, he saved the American automotive industry...
    Leonidas
    A lot of people, including Mr Rommney, forgot that with the CRASH there were no bridge-loans available from private sources. Without bridge loans reorganization of a company in bankrupcy thru the Court is simply NOT possible; GM would have had to be liqudated.
  • Dennis ... Leonidas 2012/09/07 02:01:16
    Dennis Craig
    +3
    Please use spell check.
  • Wag 2012/08/22 19:04:59
    Yes, he saved the American automotive industry...
    Wag
    From zero to #1 in the world......The right would have loved seeing G.M. go under then they could have blamed that on PRESIDENT OBAMA
  • Gracie ... Wag 2012/08/22 21:02:59
    Gracie - Proud Conservative
    +1
    That's what can happen when they take away all your debt and give you billions in tax breaks.
  • mikeeonly 2012/08/22 06:09:49
    Yes, he saved the American automotive industry...
    mikeeonly
    at least it kept some jobs at home
  • Gracie ... mikeeonly 2012/08/22 21:02:33
    Gracie - Proud Conservative
    Some jobs? Perhaps if another company would have picked up the slack it could have kept more jobs here. 70% of all GM cars are made out of the country?
  • Paul L. Beavens Jr 2012/08/22 03:13:10
    Undecided
    Paul L. Beavens Jr
    +2
    on this subject I would like to make a very important point, Our current president Did indeed bailout the American Auto makers. However by doing so he contradicted everything he was running for.He stated time and again how trickle down economics doesn't work and he would not buy into any such plans> Answer me this... Who did he give the money to? The little folks so they could buy themselves out of debt? No he gave all those top executives the Golden hand shake. He had to do it because our system of Economics is based on a trickle down from the top. It always has been and it always will be because even as flawed as it is it is a proven model for success
  • Katfish 2012/08/22 00:57:12
    No, it was a travesty for all involved...
    Katfish
    +1
    All bailouts, stimulus and raising of the debt ceiling are BAD!!
  • Greg 2012/08/21 06:21:49
    No, it was a travesty for all involved...
    Greg
    +1
    Ford went through bankruptcy and came out the other side stronger for it.
  • handeman 2012/08/21 03:28:55
    No, it was a travesty for all involved...
    handeman
    +1
    Should have given the money to the people
  • DuncanONeil 2012/08/20 23:16:46
    No, it was a travesty for all involved...
    DuncanONeil
    +1
    Especially the investors!
  • Professor Wizard 2012/08/20 21:27:33
    No, it was a travesty for all involved...
    Professor Wizard
    +1
    I own a Cadillac now... 2009... worst made and designed car I have ever owned in all my life... and I am no young chicken!

    All the government did was delay the inevitable.
  • ehrhornp 2012/08/20 18:04:51
    Yes, he saved the American automotive industry...
    ehrhornp
    Phony conservatives are just unAmerican. Shame they would prefer to live in Oceania than in a free country.
  • WinterLynn ehrhornp 2012/08/20 18:53:34
    WinterLynn
    +3
    As usual you make NO sense and your post is nothing more than the repetitive Liberal BULL**** you're parroting from the Liberal Trash over ~ PMS~MSLSD.

    Its YOU on the left who don't want to live in a FREE COUNTRY. You're all about DIVIDING, CONQUERING and DESTROYING our CONSTITUTIONAL REPUBLIC.

    Get some FRESH AIR and WISE UP.
  • ehrhornp WinterLynn 2012/08/20 20:18:50
    ehrhornp
    +4
    lol, it is not me or fellow liberals who threatened to default on the nation's debt. Only the far right wackos who haven't read the constitution did that.

    It is also you far right wackos who took this country from a balanced federal budget to deficit spending. No one ever was able to point to a time when the government gave tax cuts during time of war. Yet you call me bull? lol, you idiots don't even know what the hell you stand for anymore. You have no principles except to make the rich richer at the expense of everyone else.
  • WinterLynn ehrhornp 2012/08/21 21:34:23
  • ehrhornp WinterLynn 2012/08/21 22:09:39
    ehrhornp
    +1
    Cute, stupid but cute. lol Can't respond to my points. I understand. :-)
  • WinterLynn ehrhornp 2012/08/22 19:26:47
    WinterLynn
    +1
    If you get to the point in your life that you can actually defend your so called liberal talking points than I'll be happy to engage you in an intellectual debate.

    In the meantime you need to read the United States Constitution:

    The one your KING/MESSIAH aka the ANOINTED ONE IS BURNING:

    Obama burning the constitution
  • ehrhornp WinterLynn 2012/08/23 17:47:24
    ehrhornp
    +1
    Yet who was it who wanted to ignore the country's debt? (The idiot republican house who ignored the constitution when they threatened to default.)

    Shame you don't realize who the true enemies are.
  • WinterLynn ehrhornp 2012/08/23 17:51:54
    WinterLynn
    +1
    Here****Just for you.

    Bucket of Crap

    Its a shame that you choose to remain STUPID but its right to do so.
  • ehrhornp WinterLynn 2012/08/23 19:04:20
    ehrhornp
    +1
    lol, talk about stupid, nothing can compete with phony conservatives. I notice you didn't respond to my comment, just make insults. A real sign of the bankruptcy of the opposition. Good thing you are not a Christian. lol
  • WinterLynn ehrhornp 2012/08/23 20:23:36
    WinterLynn
    +1
    Obama has failed. Deal with it.
  • ehrhornp WinterLynn 2012/08/23 20:35:10 (edited)
    ehrhornp
    lol, only a phony conservative could say that. Glad you admit you are not a christian.
  • WinterLynn ehrhornp 2012/08/23 21:22:05
    WinterLynn
    It really is amusing that you post nothing factual. And your lame attempt to slam Christians proves you're an idiot. Get some NEW material.


    Liberal Stupidity

    FUNNY when OBAMA has SPENT MORE MONEY than ALL 43 PRESIDENTS who came before him.

    Deal with it.
  • ehrhornp WinterLynn 2012/08/23 21:29:47
    ehrhornp
    We would be speaking german today if you idiots were running the country prior to WWII. You know spending money is sometimes necessary like when the republicans ran the US economy off a cliff. Are you proud of your republican fiscal responsibility? Voodoo economics have never worked. Keynesian economics have. Shame you refuse to acknowledge this basic fact.
  • WinterLynn ehrhornp 2012/08/23 21:37:02
    WinterLynn
    LOL you're so uninformed. Really stop embarrassing yourself. Its not becoming.

    YOU cannot SPEND MONEY you DO NOT HAVE STUPID!!!!!

    Its YOU democrats who has ran this economy into the ditch.

    WISE UP.
  • ehrhornp WinterLynn 2012/08/23 21:48:58
    ehrhornp
    As I said if people like you were running the country prior to WWII, we would be speaking German today. Most economic collapses have happened under the leadership of republican presidents. Shame you don't know history.
  • WinterLynn ehrhornp 2012/08/23 21:57:15
    WinterLynn
    And were doing great under OBAMA lol gawd you're so stupid.

    LOL
  • ehrhornp WinterLynn 2012/08/24 06:32:02 (edited)
    ehrhornp
    You might want to read this:

    http://thinkprogress.org/econ...

    On second thought it will just show what hypocrites you phony conservatives are.

    I appreciate the fact that the stock market is now over 13000 instead of being under 7000. Tell me do you really want the stock market to go down under 7000 again?

    Do you really want men running your sex life? sounds a bit kinky to me.
  • WinterLynn ehrhornp 2012/08/24 15:23:42
    WinterLynn
    +1
    Same old lines. Got anything new as well as factual?

    Apparently NOT.

    As for my sex life? I want that slut and Obama to stop waging a War on Women. Wise Up or remain stupid. I suspect you'll take the latter.
  • ehrhornp WinterLynn 2012/08/24 15:40:34
    ehrhornp
    What slut are you talking about? Ann Romney? Obama has not waged a war on women but republicans sure have. Do you really just want to be limited to being barefoot and pregnant? I think you need to wise up.
  • WinterLynn ehrhornp 2012/08/24 15:47:44
    WinterLynn
    +1
    Excuse me. Ann Romney is not a Slut. You truly are trash. And Obama has factual waged a war on women. Are you really stupid to NOT see and hear his constant attacks on Conservative Women?

    You're truly beyond stupid. People like you should be locked up.

    Attacking Ann Romney the way you did is reprehensible. but than Liberals are pigs.
  • ehrhornp WinterLynn 2012/08/24 15:52:04 (edited)
    ehrhornp
    +1
    You mentioned slut without identifying who the slut is or why. Don't blame me for your inability to clearly communicate. What attacks has Obama made against so called conservative women. That is what I love about phony conservatives. They repeat what they hear on far right wacko radio or TV but they cannot back it up. Show show links. If Obama made some comments about "conservative women", he probably was right on.

    Conservative women tend to be like the Stepward wives.
  • WinterLynn ehrhornp 2012/08/24 16:01:20 (edited)
    WinterLynn
    +1
    1. 92% of JOBS lost under OBAMA are WOMEN***

    40.7% of women who HEAD HOUSEHOLDS with CHILDREN are IN POVERTY. Thanks to OBAMA.


    2. Obama ignored the attacks on Conservative Women by those who support him.

    Ed Schultz
    Lawrence O'Donnell
    Jimmy Kimmel
    Louis CK
    Bill Maher <<< The pig Obama took a MILLION From.

    Get the picture?


    3 Did Obama call Bristol Palin? NO
    Did Obama call Gov. Sarah Palin? NO
    Did Obama call Laura Ingraham? NO
    Did Obama call Ann Romney? NO


    This War on Women by the Obama Regime was designed to get every woman in America hating Republicans and hating Romney, loving Obama. Obama is the guy's gonna protect their birth control pills, gonna protect their right to abortion, gonna protect them against these predatory men, which is every man.

    You know its true.

    It truly is unbelievable how gullible you are but Obama has you HIS useful idiots by the Conjones.
  • ehrhornp WinterLynn 2012/08/24 16:42:48
    ehrhornp
    As for jobs I suggest that you read the following. I know it is pinko commie but I think it is hard to refute:

    http://campaignstops.blogs.ny...

    Why should Obama call Bristol, Sara, Laura and Ann? Guess what Obama didn't call my wife nor my daughter.

    Your number 2 makes little sense. You are proposing that the government get involved in private business and the media? If anything Obama should shut down the propaganda wing of the republican party, Fox as they are far more full of lies and is generally just full of crap.

    Obama couldn't "get every woman in America hating Republicans and hating Romney, loving Obama. Obama is the guy's gonna protect their birth control pills, gonna protect their right to abortion" without republicans making the case in the first case. Have you read the republican platform? Have you heard about these person hood amendments which even got voted down in I believe it was Missouri?

    Yet you call me gullible. lol It appears that you are just in denial or are in favor of big government. Which is it? At least I didn't vote for a president or party who lied us into two wars, lied about the federal budget, and lied about nation building.
  • YouSirName ehrhornp 2012/09/02 01:44:58
    YouSirName
    WinterLynn is a trip. I truly admire your tenacity in trying to speak sensibly to someone who apparently has no faculty to understand.
  • Gracie ... ehrhornp 2012/08/24 21:14:11
    Gracie - Proud Conservative
    Thinkprogress? LMAO!
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