Good thing we bailed out GM

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slabmaster

Building Mexico's infastructure with tax dollars is our future. Thanks Obama. 

http://online.wsj.com/article/BT-CO-20100803-721411.html?mod=WSJ_latestheadlines

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kwikfix
Good thing we bailed out Wall

Good thing we bailed out Wall Street. A little Communism never hurt a right-winger.

http://www.costofwar.com/

 

 

PeeWee Returns
PeeWee Returns's picture
slabmaster wrote: Building

slabmaster wrote:

Building Mexico's infastructure with tax dollars is our future. Thanks Obama. 

http://online.wsj.com/article/BT-CO-20100803-721411.html?mod=WSJ_latestheadlines

 

It will create 391 Mexican jobs too.  I like to think of it as "stimulus".

PeeWee Returns
PeeWee Returns's picture
kwikfix wrote: Good thing we

kwikfix wrote:

Good thing we bailed out Wall Street. A little Communism never hurt a right-winger.

http://www.costofwar.com/

Good one Beavis

drew013
drew013's picture
I don't know...exactly how

I don't know...exactly how many Americans kept their jobs as a result of TARPs $700 billion gimme to Wall Street as compared to the $25 billion loan we made to GM?  Seems to me we got a hell of a lot more bang for the buck with the GM loan. 

drew013
drew013's picture
Oh, and BTW, I bought a brand

Oh, and BTW, I bought a brand new Chevy the day before yesterday for my wife.  Sweet car!

shalwechat
shalwechat's picture
slabmaster wrote: Building

slabmaster wrote:

Building Mexico's infastructure with tax dollars is our future. Thanks Obama. 

http://online.wsj.com/article/BT-CO-20100803-721411.html?mod=WSJ_latestheadlines

still blaming OBama for eveything. I thought GMwas  "private" corp? Can't they build/overhaul a plant where ever they want to espcally that the "paied it back", the bailout money...so GM claims.

kwikfix
Yeaaaaaaah, good ol'

Yeaaaaaaah, good ol' communism, communism, communism, it's like a glass of fresh orange juice to an incompetent right-wing broke business boob.

Pour him another $700 billion, or he may have to find a real job.

PeeWee Returns
PeeWee Returns's picture
drew013 wrote: Oh, and BTW, I

drew013 wrote:

Oh, and BTW, I bought a brand new Chevy the day before yesterday for my wife.  Sweet car!

My Cadillac lease is up next month.  I'm thinking of a Ford for the first time.  I figure they could use the business since they're trying to make a go of it without taxpayer help.

Common_Man_Jason
Common_Man_Jason's picture
I buy only used cars, from

I buy only used cars, from local people, and pay local mechanics to keep them in shape. If one is to use their auto purchase to help the economy, that's the way to do it. Local businesses are having a go of it without bail money themselves.

 

Rodriguez
Rodriguez's picture
At least helping mexican can

At least helping mexican can indirectly help us a little bit since they are our neighbors. especially if its compared to building roads and schools in countries that are 1000s of miles away.

Paleo-con
PeeWee Returns wrote: My

PeeWee Returns wrote:

My Cadillac lease is up next month.  I'm thinking of a Ford for the first time.  I figure they could use the business since they're trying to make a go of it without taxpayer help.

I would suggest you give it serious consideration.  I purchased my first Ford recently because of my refusal to spend money on a GM (Government Moters) product.  I had never purchased a Ford before because my father had drilled his "I'd rather push a Chevy than drive a Ford" mentality into me at an early stage.  I also looked at other cars made in the US like Toyota, Nissan, BMW, and Mercedes.  Ford just gave the best bang for the buck when I was shopping.  I may consider GM again if they ever become a private company again.

PeeWee Returns
PeeWee Returns's picture
Paleo-con wrote: I may

Paleo-con wrote:

I may consider GM again if they ever become a private company again.

I'm watching the Chevy Volt story closely.  At first, GM said the car would cost "$30,000 or less". The list price was recently announced at $40,000, and I would be interested to know GM's margins at that price.  Plus, the taxpayers are giving buyers a $7500 rebate.  All for a car with a 40 mile electric only range.

God help us.

douglaslee
douglaslee's picture
Doesn’t like dice games, with

Doesn’t like dice games, with sharpies and frauds Won’t go to harlem, in lincolns or fords Won’t dish the dirt, with the rest of those broads That’s why the lady is a tramp

More lyrics: http://www.lyricsfreak.com/f/frank+sinatra/#share

meljomur
meljomur's picture
I think the American auto

I think the American auto industry destroyed itself along time ago. 

Just another area where America was at one time number one, and due to greed and corruption (perhaps on all fronts), they now make cars very few people want to drive.

PeeWee Returns
PeeWee Returns's picture
meljomur wrote: Just another

meljomur wrote:

Just another area where America was at one time number one, and due to greed and corruption (perhaps on all fronts), they now make cars very few people want to drive.

Looks like some people want those big fat American cars.  

Hey Mel, the book showed up on Monday.  I'll dive into it this weekend.

meljomur
meljomur's picture
So they are made easy to

So they are made easy to steal...

Hope you enjoy the book, (Did you recommend one for me to read, I didn't see it.  Or maybe I just skimmed the post too fast.)

DRC
DRC's picture
TARP was Bush.  The loans to

TARP was Bush.  The loans to the auto companies kept them in business.  We can agree or disagree on some of this, but the point is that Obama did not bail out Wall St., but he did have to deal with their power and still does.  His choices are not as great as we wish.

I think Obama sees so much flux that he finds avoiding a big shake up part of getting anything done.  Letting GM et all die or doing a major reform of its structure would have been tough.  Saving some jobs and an industrial base has some rationality.  Corporate welfare needs better oversight everywhere, but some parts of the economy do have value for real people compared to the banksters and their frauds.

Getting real stimulus money, such as the bail outs for the states, is very important.  Being clearer about what the bailouts vs. the  TARP really were would help clarify the reasons to invest in people and why the Casino does not matter to the rest of us.

PeeWee Returns
PeeWee Returns's picture
Mel, I'm still thinking about

Mel, I'm still thinking about a recommendation.  I'll let you know in day or two.

Volitzer
Volitzer's picture
No the reason our economy is

No the reason our economy is in the hole is because both Republican and Democrat Parties are owned by the Bilderbergers who are working hard to destroy America by design so we can become a 3rd world country.

If Ron Paul or Chuck Baldwin run in 2012 and shut down the Federal-Reserve America will be saved.  If not America will continue to be onslaughted with more and more Bilderberganomic programs to wipe out our economy and to bring us into neo-feudalism.

The Money Masters.

http://video.google.com/videoplay?docid=-515319560256183936&q=The+money+changers&ei=Zd4QSMjvB47YqAKQtJmzBA

Endgame

http://video.google.com/videoplay?docid=1070329053600562261&q=Endgame+&ei=1t4QSPaoB5q2rAKJzaywBA

These films describe the New World Order's plans for America.  Get them out to people and stop electing the 2 Bilderberg Parties or go into Euro-elitist controlled neo-feudalism.

It's that simple folks.