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| 07:53 AM | ||
General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list | |
| Anonymous Coward User ID: 23011194  United States09/21/2012 01:26 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list With all due criticism of Obama, the bailouts for the auto industry were authorized in December 2008 under Bush's government, a month before Obama took office. Quoting: Anonymous Coward 2231364 Yep. THIS a thousand times. People really have selective memory. hmmm, i find that funny, because Obama claimed change from the Bush admin. so, if Obama was so against Bush agenda, why did he continue it? hmmmmmmmmm...... yep, and Obama re-signed The Patriot Act for another 4 years. He could have let it fall by the wayside ...... |
| Anonymous Coward User ID: 1447583 United States09/21/2012 01:28 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list So Salty, you wanna just write off 1.45 million jobs because you don't like a President? Quoting: Anonymous Coward 1169 That's way more un-American than the bailout... Letting companies fail was part of the American way when we had capitalism in this country. Can't have capitalism without failure. You also can't have capitalism with government bailouts. By having the government pick winners and losers, companies have no incentive to better the goods or services they offer because they will always be bailed out. Those bailed out autoworkers would have had to work at other automotive companies or get some other type of job. Not every job is worth saving. I bet nobody feels sorry for all the people who were working at stores like Blockbuster, Borders Books and Best Buy and got laid off. Every time you buy a foreign product or shop online, you're voting for the destruction of American jobs. Your clothes were made in South America, your electronics were made in Asia and that e-book you downloaded on Kindle could have been bought at Barnes and Noble. Admit it, you love low prices and don't care at all where the products come from as long as someone isn't pointing out inconvenient facts. |
TenStar'd  User ID: 24182339 United States09/21/2012 01:29 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list Nice that four of those are in IL. Banksters at it again. The obamantion of America is "The Project". I wonder just how much $ he made off of it ALL! God - I wish he would just get arrested already. God does not test us, He strengthens us. For if we are fully in Faith, He girds the armor evermore. |
| Anonymous Coward (OP) User ID: 21291600 United States09/21/2012 01:33 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list So Salty, you wanna just write off 1.45 million jobs because you don't like a President? Quoting: Anonymous Coward 1169 That's way more un-American than the bailout... Letting companies fail was part of the American way when we had capitalism in this country. Can't have capitalism without failure. You also can't have capitalism with government bailouts. By having the government pick winners and losers, companies have no incentive to better the goods or services they offer because they will always be bailed out. Those bailed out autoworkers would have had to work at other automotive companies or get some other type of job. Not every job is worth saving. I bet nobody feels sorry for all the people who were working at stores like Blockbuster, Borders Books and Best Buy and got laid off. Every time you buy a foreign product or shop online, you're voting for the destruction of American jobs. Your clothes were made in South America, your electronics were made in Asia and that e-book you downloaded on Kindle could have been bought at Barnes and Noble. Admit it, you love low prices and don't care at all where the products come from as long as someone isn't pointing out inconvenient facts.  |
| Anonymous Coward User ID: 7382018 United States09/21/2012 01:37 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 23254168 United States09/21/2012 02:00 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list Thats what ends up happening in Abrahamistic countries like the U.S. Quoting: Anonymous Coward 24043971 Christianity sees that humans fail, and the first step in the self-destruction is failure of it's industry WTF are you talking about crockaphile? The USA is and will continue to be the greatest engine of private wealth in HISTORY period. Nothing pisses me off more than you back assward poeple from parts of the earth where shit flushes backwards pipping up with your out back opinions. if not for us you life would look more like the first mad max movie "Ausie made" so just grab your dick and a Fosters and  |
| Anonymous Coward User ID: 24167754 United States09/21/2012 03:43 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list everything about obama is a fail he's worse than jimmy carter ever thought being |
| Anonymous Coward (OP) User ID: 21291600 United States09/21/2012 10:27 PM Report Abusive Post Report Copyright Violation | |
| s. d. butler User ID: 974819 United States09/21/2012 10:40 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market. Quoting: Salt Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion worth of stock, and sitting on an unrealized loss of $16.4 billion. [link to www.forbes.com] Bank of America Ramps Up Job Cuts Bank of America Corp. BAC -1.29% is accelerating a broad cost-cutting plan and has set a target of shedding 16,000 jobs by year's end—cuts that would see the company relinquish its title as U.S. banking's largest employer. [link to online.wsj.com] This is what happens when government gets involved in markets. Failure. |
| s. d. butler User ID: 974819 United States09/21/2012 10:42 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list hmmm, i find that funny, because Obama claimed change from the Bush admin. so, if Obama was so against Bush agenda, why did he continue it? hmmmmmmmmm...... yep, and Obama re-signed The Patriot Act for another 4 years. He could have let it fall by the wayside ...... and how many other promises were made that the obama didn't keep ? |
| T-1000 User ID: 18959534 United States09/21/2012 10:59 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list Yeah we should have let GM go under so we'd have MILLIONS yes MILLIONS more unemployed... Quoting: Anonymous Coward 1169 Then you fuck heads would have said "OMG why didn't Obama do something" lmao... Number of Employees breakdown for GM both full and part time Number of Employees shows total number of permanent full time and part time employees working for a given company and processed through its payroll. GM Number of Employees = Full Time + Part Time = 210 K [link to www.macroaxis.com] It's not just Gm employees that suffer if they fail. All the companies that supply items for production, the car dealers that sell only GM, the local area town business that the GM workers go to, those businesses suppliers, etc etc etc. It would have a domino effect that will reach far further than just the 210K GM company employees. Not saying I agree with another bailout or anything. Exactly!!! Some here just don't grasp these things... Oh, we grasp it you stupid fuckhole, It's just that it's not my responsibility to subsidize the employees of a failed company. |
| Anonymous Coward User ID: 24035088 United States09/21/2012 11:10 PM Report Abusive Post Report Copyright Violation | |
| s. d. butler User ID: 974819 United States09/21/2012 11:18 PM Report Abusive Post Report Copyright Violation | Re: General Motors Is Headed For Bankruptcy -- Again -BofA going down. Looks like Obama bail-out plan was fail for many corps. See recipient list ... Quoting: Salt Number of Employees breakdown for GM both full and part time Number of Employees shows total number of permanent full time and part time employees working for a given company and processed through its payroll. GM Number of Employees = Full Time + Part Time = 210 K [link to www.macroaxis.com] It's not just Gm employees that suffer if they fail. All the companies that supply items for production, the car dealers that sell only GM, the local area town business that the GM workers go to, those businesses suppliers, etc etc etc. It would have a domino effect that will reach far further than just the 210K GM company employees. Not saying I agree with another bailout or anything. Exactly!!! Some here just don't grasp these things... Oh, we grasp it you stupid fuckhole, It's just that it's not my responsibility to subsidize the employees of a failed company. Subsidize failure and you get more of it. Keep subsidizing and there won't be anything left to subsidize. So poster who said "Exactly!!! Some here just don't grasp these things..... How about an answer, so maybe we can "grasp" why failure should be subsidized. Last Edited by s. d. butler on 09/22/2012 01:47 AM |
