With the Chapter 11 filing for Bankruptcy Court protections, the government directed restructuring ( and skewing of the law) of General Motors has begun. That being said, we all now own 70% of the automaker!!
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12 comments
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June 1, 2009 at 12:21 pm
Interested Bystander
Hey All,
As I commented when we started ALL of these bailouts: it’s stupid, irresponsible and fiscally unfeasable for the Government to try to help these companies out.
It would have saved the taxpayers 29 BILLION dollars, and GM would have already come out of bankruptcy if they would have just let them file back in December.
This President is incompetent. No ands ifs or buts about it. When a Government takes control of companies, it’s called socialism. It has never worked in the past, and our future looks absolutely dire.
They should have let free market work. It’s too late now.
God help us.
June 1, 2009 at 1:51 pm
stothes
“I will always be a strong advocate for a market that is free and open.”— Barack Obama 9/17/07, New York City
June 1, 2009 at 4:23 pm
mrje
GREAT!
Help keep him on this course and the world will be a happier place. You can help him squash all the negativity by proving his WORDS are real. If his words are true, he will be the greatest President we have ever known.
Stothes, I don’t think the TOTUS told BO to remember these words!!!!
You remember as a kid we tried to pat our heads while rubbing our tummies?
June 1, 2009 at 5:24 pm
JAMES
I am trying to figure out how I am going to haul the hay for the horses in that FIAT.
June 1, 2009 at 2:31 pm
Interested Bystander
stothes,
When are you going to realize that those, along with just about everything else Obama says are:
“Just words”???
He said that too you know.
June 1, 2009 at 2:33 pm
Interested Bystander
stothes,
Obama’s actions show exactly the opposite of what you posted.
June 1, 2009 at 2:35 pm
Interested Bystander
Hey All,
“I will always be a strong advocate for a market that is free and open.(Just so long as I have my hand in everything)”— Barack Obama 9/17/07, New York City
June 1, 2009 at 3:07 pm
Interested Bystander
stothes,
Your ignorance never ceases to amaze me.
You’d better open your eyes, and close your ears. The man says anything.
He’s spent more than 1.3 TRILLION dollars in 5 months, and what do we have to show for it? Banks still have their hands out, the automakers took our money and then still filed bankruptcy, unemployment continues to rise, the housing market is worse than when Obama took office, and inflation is just around the corner.
Next up, the ruining of our health care system, controlling the internet, FEMA Camps, letting known terrorists roam our streets, cap and trade, a value added tax (how’s that tax cut doing for everyone?), and regulating backyard gardens so people can’t grow their own food.
When will you realize that the man does not have the best interests of ordinary people on his mind?
All of this, and he won’t prove he is eligible to hold the office of President.
“I will bring integrity and transparency back to Washington”– Barack Obama February 10, 2007 Sprinfield Illinois………
“Just words”
“When there’s a bill that ends up on my desk as President, you the public will have five days to look on line, to find out what’s in it before I sign it, so you know what your Government’s doing”– Barack Obama February 14, 2009.
“Just words”
“I am going to make it impossible for Congressmen or lobbyists to slip pork barrel projects or Corprate welfare in to laws”– Barack Obama February 14, 2009
“Just words”
“Meetings where laws are written will be more open to the public”– Barack Obama February 14, 2009.
“Just words”
“And we will put every Corporate tax break and every pork barrel project on line for every American to see, you will know who asked for them and you can decide whether your Representative is actually representing you.”–Barack Obama February 14, 2009.
“Just words”
Need more proof stothes?
June 1, 2009 at 4:07 pm
stothes
wow, you’ve just went off on a four comment tirade over a quote that was obviously meant as a joke. kudos, good sir…
June 2, 2009 at 3:19 am
Interested Bystander
stothes,
The problem is that your “joke” isn’t funny, it’s rather stupid.
That seems to be a pattern with most of your comments.
June 2, 2009 at 2:47 pm
stothes
I’ll be sure to file that in my “Inconsequential Opinions” folder…
June 2, 2009 at 6:43 pm
Interested Bystander
You do that stothes.