34
   

Let GM go Bankrupt

 
 
okie
 
  0  
Reply Wed 28 Oct, 2009 03:30 pm
Another theory, Obama doesn't know how to run a car company.
BillRM
 
  0  
Reply Wed 28 Oct, 2009 03:34 pm
@okie,
Another theory, Obama doesn't know how to run a car company.
----------------------------------------------------------------------------------
At least we can all hope that Obama know far more how to run the country then Bush who got us all in this mess to start with.
okie
 
  0  
Reply Wed 28 Oct, 2009 03:39 pm
@BillRM,
You cannot blame all the stuff Obama is doing on Bush forever. He has been in office almost a year now.
BillRM
 
  2  
Reply Wed 28 Oct, 2009 03:48 pm
@okie,
My my he been in office less then a year and somehow he should by now had been able to fix all the harm that Bush and his party did in 8 years of complete power?

You are looking for someone with a magic wand indeed.
spendius
 
  1  
Reply Wed 28 Oct, 2009 04:11 pm
@BillRM,
Well Bill-- Mr Obama is in the right place as a convenient scapegoat for a deep-seated institutional failure. And he chose to be there.
0 Replies
 
okie
 
  0  
Reply Wed 28 Oct, 2009 04:50 pm
@BillRM,
It was his stimulus bill that did not stimulate anything, but it did help create the largest annual deficit in the history of the country. And unemployment has continued to soar past what Obama himself predicted with his so-called stimulus policy. He is stimulating government, but thats about it.
Cycloptichorn
 
  1  
Reply Wed 28 Oct, 2009 04:57 pm
@okie,
okie wrote:

It was his stimulus bill that did not stimulate anything


100% wrong, it very much so stimulated the economy - and helped save thousands of state jobs, as well as manufacturing jobs in our auto industry.

Quote:

, but it did help create the largest annual deficit in the history of the country. And unemployment has continued to soar past what Obama himself predicted with his so-called stimulus policy.


Wrong again, it was his advisers who said that - and then admitted they were wrong a month later.

Quote:
He is stimulating government, but thats about it.


Well, when private enterprise can't get the job done, someone has to. And private enterprise proved it couldn't do it.

Cycloptichorn
mysteryman
 
  1  
Reply Wed 28 Oct, 2009 05:08 pm
@Cycloptichorn,
Quote:
and helped save thousands of state jobs


I keep seeing this claim, but I have yet to see anyone prove it.
How do you "save" a job?
Since I am still working, did the Obama admin "save" my job?

I have yet to see or hear anyone explain how you prove you "saved" a job.
Cycloptichorn
 
  1  
Reply Wed 28 Oct, 2009 05:14 pm
@mysteryman,
mysteryman wrote:

Quote:
and helped save thousands of state jobs


I keep seeing this claim, but I have yet to see anyone prove it.
How do you "save" a job?
Since I am still working, did the Obama admin "save" my job?

I have yet to see or hear anyone explain how you prove you "saved" a job.



Much of the Stim funding went to State governments. Most states are in really bad shape right now, b/c it turns out that everybody was invested in these Toxic assets to a much greater degree than they let on, property values have plummeted, and tax receipts have plummeted - all at the same time.

The stim bill helped many states avoid cutting employees, in many cases first responders, and I don't have to tell you how important it is to keep them in biz, MM. Let me hunt up some articles for you, though, b/c you asked.

Cycloptichorn
mysteryman
 
  1  
Reply Wed 28 Oct, 2009 05:30 pm
@Cycloptichorn,
Forgive my ignorance, but I truly dont know.

Wasnt the Stim supposed to help the private sector and put people BACK to work?

How does that jibe with saving govt jobs with it?
Cycloptichorn
 
  1  
Reply Wed 28 Oct, 2009 05:40 pm
@mysteryman,
mysteryman wrote:

Forgive my ignorance, but I truly dont know.

Wasnt the Stim supposed to help the private sector and put people BACK to work?

How does that jibe with saving govt jobs with it?


The stimulus bill had a variety of different purposes, and only some of them can be said to be directly related to 'helping the private sector.' Large parts of the bill was assistance to State governments (which keeps them from shedding jobs, a thing we can't afford to have happen right now) and to individuals in the form of payroll tax deduction breaks. The purpose of it wasn't just to create jobs, but to help people, homeowners, States, and distressed sectors of our economy (GM and the Banks) ride out the recession without dying.

Cycloptichorn
spendius
 
  1  
Reply Wed 28 Oct, 2009 06:04 pm
@Cycloptichorn,
How do you define a job Cyclo?
0 Replies
 
plainoldme
 
  1  
Reply Mon 5 Apr, 2010 09:13 am
All American industry is corrupt.
H2O MAN
 
  -1  
Reply Mon 5 Apr, 2010 10:00 am
@plainoldme,
American Government under Obama is corrupt.
plainoldme
 
  1  
Reply Mon 5 Apr, 2010 11:10 am
@BillRM,
Bush was the first president to have an MBA and a participant in the creation of the financial disaster facing us.
plainoldme
 
  1  
Reply Mon 5 Apr, 2010 11:12 am
@H2O MAN,
He's a moderate Republican in Democratic clothes. You and the other righties here ought to love him.
H2O MAN
 
  -1  
Reply Mon 5 Apr, 2010 11:13 am
@plainoldme,


Bush did leave the door open for Obama's unbelievably huge spending spree and I fault G.W. for that.

This fact does not in any way excuse Obama's actions thus far.
0 Replies
 
H2O MAN
 
  -1  
Reply Mon 5 Apr, 2010 11:14 am
@plainoldme,
plainoldme wrote:

He's a moderate Republican in Democratic clothes.


Please offer up some proof of that outrageous claim.
farmerman
 
  4  
Reply Mon 5 Apr, 2010 11:36 am
@H2O MAN,
YEH, please back up your claims in the same vein that the GOP had been doing in declaring that
1Obama would grab your guns

2Health Care is gonna have "death panels" for your parents

3Obama is a Muslim and not even a citizen.

4Obama is gonna declare sport fishing illegal


H2O MAN
 
  -1  
Reply Mon 5 Apr, 2010 12:39 pm
@farmerman,


I thought we were talking about ObamaMotors (OM)... did you wish to start a new discussion?
0 Replies
 
 

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