Why I am not Voting Obama

Why would anyone be surprised that both democrat and republican politicians are bought by big money. No matter who we vote for they are not going to give the people a sniff.

waterboy, How rich are you? Are you rich or eat-the-poor liberal?

I could give you a conservative estimate, but you wouldn't believe me - so what's the point.

Extremely rich where it counts, but I don't have a lot of money... you?

I have to bring up the point that, since the economy tanked in 2007 and Obama had been excoriated for getting us involved in bailouts of the auto industry, I wonder where the Spurts are today, now that almost all the car company money has been repaid and the car companies are among the best in the world.
I was just listening to a recap of the loans and stock equity that weve gotten into GM and Chrysler. Seems that the car companies have worked it out fairly well.

The GOP teabaggers have been very quiet about all this

Since Obama saved over 1 million auto industry jobs, waterspurt continues to call Obama a marxist who's running down our economy.

If waterspurt is indeed wealthy, you gotta wonder how he accumulated wealth, because he doesn't understand anything to do with economics.

Keep repeating the lie... it will become true in your mind, but someday you will have to face the reality that it's just another Obama lie.

You are the only one who has apparently not herd the truth. The auto industry is BACK thanks , in most part, due to the Bailout and loans. The loans are almost all paid back and the car companies are doing just fine . I recall the thread that some of you tebaggers started about "Let GM go bankrupt". Were that the case wed have another million or so unemployed.

You cant admit when youre wrong spurt. (If I was you, Id just shut the fuch up cause youre not looking too bright)

Im sure youre gonna come up with some brilliant one liner bout me. It will, no doubt be lame as an old racehorse.

Thank you , but of course I dont think that you are smart enough to come up wiith that on your own so Ill just take it as praise passed on by your handler.

If Im gonna take time to trade insults with you , at least make it worth my while.

Herman Cain is "Backing" Newt Gingriich. Theres gotta be a great joke in there someplace.

Headline might read "Rapist supports Papist".

I think you know that's almost certainly a distortion of the truth. GM did go through a form of bankrupcy, though not the one prescribed by law. The government intervened to save the UAW and its pension fund from the fate it would otherwise have received. The Administration instead saw to it that GM's bondholders took the hit for them. Had GM gone through bankrupcy it would have almost certainlky been in precisely the situation it finds itself in today. However, now large corporations will find it a bit harder to raise capital through bond issues.

As we've seen recently with the tax code, george, the jig is up on the law. It's written by and for those who control the pursestrings and our government. Whether it's the tax law or the bankruptcy law, I don't think Americans are going to be snowed by anything that's on the books regarding corporate law. As to saving the UAW and the pension fund from it's prescribed fate, I say tough ****. And I'm as anti-union as they come.

they went through a xhapt 9 procedure sure, but it was induced by prodding from the amdin and some in congress. My major point was that we dont seem to see the issue being touted as some form of party "gotcha".

I heard the program on a Richmond station that carries mostly conservative talk. The discussion was that , after the procedures, GM was forced to "unfocus " its blind allegience to brands like the Saturn, Pontiac(remember the AZTEC?), and Oldsmobile. Losing these brands let them become a less anachronistic corporation (in the mold of the old Pennsy Railroad who never learned). They then focused on their existing world flagship brands, came up with new models and instilled a sense of quality that hadnt been seen for (well, EVER), and, maybe most importantly, they developed a corporate humility.
Chrysler had a diff issue, their products needed some major goosing in all facets

"Induced" is a rather gentle description of the actions the Administration, the Justice Department and the then Denocrat Congress took. Instead it involved all the forces of a heavy handed government. What you write about the overdue upgrade of GM and its products is true and central to GM's problems. However the process of reform, including the divestiture of dead brands (like Pontiac) and upgrading quality had started long before the debt crisis.

The one stunningly obvious correlation between failing automobile manufacturers in this country and those that have been steadily succeeding is infestation by the United Auto Workers Union. ALL the failing auto companies were unionized by the UAW (only Ford escaped). Apart from Ford, NONE of the non union manufacturers had such problems. In the case of GM it was the UAW that was the chief barrier to overdue reform of the company.

It is interesting that, without exception, foreign manufacturers locating factories in this country chose right to work states in locating their plants. It is also noteworthy that the last strike against GM by the UAW was over GM's proposal to modernize two large assembly plants in Flint Michigan to inprove labor productivity and raise quality. The project was going to cost GM several billions and it would have reduced employment at the plants by about 20% through automation, but it would have enabled them to compete on a cost and quality basis with other manufacturers who had already done so. The UAW rejected the plan and went out on strike just as the new models for the year were being introduced. After a month or so, GM backed down and abandoned the project. The two assembly plants in Flint were closed forever a few years later.