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Breaking -- Drudge Report: General Motors wants out of Government -- Obama says NO!

 
Nyarlathotep75
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09/17/2012 03:31 PM
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Breaking -- Drudge Report: General Motors wants out of Government -- Obama says NO!
Big Red Letter headline on Drudge.

General Motors trying to get their shares/stakes back from the Government, wants the Government to sell its Stake in the company... Obama says no, can't do it!

[link to www.drudgereport.com]
[link to www.marketwatch.com]

This is Fascism people... when a Government has a controlling stake in a private business and tells the business what it can and can not do with this shares... Obama is a FASCIST, he always has been and he always will be, and he's using it to turn this country into a socialist fascist empire under his direct control!

Last Edited by Nyarlathotep75 on 09/17/2012 03:31 PM
Psalm 90:4 .. 2 Peter 3:8
1 Day to God, is 1000 years on Earth.

Do the Math, Genesis was the Neolithic Revolution!

The 7 "Days" of Creation (including His 1 Day of Rest) were actually 7000 years, add that to the current 6000 Years of the Hebrew Calender dating Genesis to the Present, and you have 12,000 - 14,000 years! Right smack in the middle of the Neolithic Revolution, when the "Homo Sapien" species learned how to... "grow a brain"!
________________________________________________

If George W. Bush was supposed to be Cthulhu...
Then Barack Hussein Obama is the spittin image of Nyarlathotep!
Behold! The Crawling Chaos! Nephren Ka! The Black Pharaoh!

Cthulhu is the High Priest of Azathoth. The high Priest spreads "the word" and prepares "the way", and introduces the religion...
Nyarlathotep is the Harbinger of Azathoth... the Harbinger heralds the imminent arrival of Azathoth!
Azathoth is the insane blind god in the Center of Chaos!

So guess whats coming next...

Behold America running blindly into Chaos! Azathoth comes!
Anonymous Coward
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09/17/2012 04:38 PM
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Re: Breaking -- Drudge Report: General Motors wants out of Government -- Obama says NO!
Big Red Letter headline on Drudge.

General Motors trying to get their shares/stakes back from the Government, wants the Government to sell its Stake in the company... Obama says no, can't do it!

[link to www.drudgereport.com]
[link to www.marketwatch.com]

This is Fascism people... when a Government has a controlling stake in a private business and tells the business what it can and can not do with this shares... Obama is a FASCIST, he always has been and he always will be, and he's using it to turn this country into a socialist fascist empire under his direct control!
 Quoting: Nyarlathotep75


I think everybody wants out the government's and Obama's influence because it is all getting ready to collapse.
Just reading the writing on the wall.
ohappybyekitty
Or a chance to make more money which ever.
drevil
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09/17/2012 04:41 PM
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Re: Breaking -- Drudge Report: General Motors wants out of Government -- Obama says NO!
already a pinned thread on this
Anonymous Coward
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09/17/2012 09:13 PM
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Re: Breaking -- Drudge Report: General Motors wants out of Government -- Obama says NO!
So the company goes bankrupt, receives money for bailout that exceeds the 50 year annual budget of NASA and one of the stipulations is that the Government must have stock so that the dividends paid out can re-imburse the taxpayers back for the loan. Then the company, after several quarters of prosperity, wants to buy back the stock AT A REDUCED PRICE, where the Government will lose money. The Government says no to a loss of the loan for the taxpayer, and that's called fascism? Wow, your definition is completely different than mine. Also, your view of history is completely different than what actually happened.


Good business sense is that if you give a loan, at MINIMUM, you should be paid back the principal. In addition,
The Obama administration -- through the Troubled Asset Relief Program (TARP) -- committed approximately $52.4 billion to help right GM.

Only a fraction of that, $6.7 billion, was in the form of loans. Most of the government's GM investment was converted to an ownership stake in the New GM, the company that emerged from bankruptcy: $2.1 billion in preferred stock; and 60.8 percent of the company's common equity. So, if the total amount given (52.4 billion dollars) and only 6.7 billion dollars has been paid back, you want the Government to lose over 45.7 billion dollars. And how are we supposed to pay back our deficit with that line of thinking...Your line of thinking got us into the mess we are in. And I realize that the article is a year old but I GUARANTEE that GM has not paid back 45.7 billion dollars in one year.

[link to www.politifact.com]

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