GM highest profits EVER

[rightwinger]

Looks like you're clueless. In America, debt converts to equity union get crammed down

You win some, you lose some

They made a poor investment and it didnt work out. they are not the first and won't be the last

In America, senior secured creditors have a FIRST claim on assets and they should have come out owning 25% or more of the company while the unions get crammed down.

Under Obama, 230 years of bankruptcy laws got upended and the Unions get to be owners.

If you had a clue, you'd know that

Gee...is that so?

Why don't you take it to the courts? I'm sure the Republican Supreme Court will back you 5-4

 

[The T]

You win some, you lose some

They made a poor investment and it didnt work out. they are not the first and won't be the last

In America, senior secured creditors have a FIRST claim on assets and they should have come out owning 25% or more of the company while the unions get crammed down.

Under Obama, 230 years of bankruptcy laws got upended and the Unions get to be owners.

If you had a clue, you'd know that

Gee...is that so?

Why don't you take it to the courts? I'm sure the Republican Supreme Court will back you 5-4

SCOTUS has no party affiliation dumbass.

 

[rightwinger]

All the money Obama lent has been paid back. We are still waiting for the money that Bush gave without requiring stock equity

They have paid about 85% of what was owed

Show it.

http://abcnews.go.com/blogs/politics/2011/06/how-much-did-the-auto-bailout-cost-taxpayers/

All but $14 billion of the $80 billion loan has been repaid

But saving the auto companies from bankruptcy, and preserving thousands of American jobs, has cost taxpayers at least $14 billion, according to several estimates by government agencies and independent groups.*



To put in perspective, that's about the same we have given in subsidies to BIG OIL in the same timeframe

Which REPUBLICANS refused to end

It works out like this..

Republicans are willing to let one million auto workers lose their jobs over $14 billion to save an industry

But god forbid we try to stop $14 billion in subsidies to Oil Companies who are making record profits

 

[rightwinger]

In America, senior secured creditors have a FIRST claim on assets and they should have come out owning 25% or more of the company while the unions get crammed down.

Under Obama, 230 years of bankruptcy laws got upended and the Unions get to be owners.

If you had a clue, you'd know that

Gee...is that so?

Why don't you take it to the courts? I'm sure the Republican Supreme Court will back you 5-4

SCOTUS has no party affiliation dumbass.

 

[Sarah G]

Gee...is that so?

Why don't you take it to the courts? I'm sure the Republican Supreme Court will back you 5-4

SCOTUS has no party affiliation dumbass.

 

[CrusaderFrank]

Show it.

How Much Did the Auto Bailout Cost Taxpayers? - ABC News

All but $14 billion of the $80 billion loan has been repaid

But saving the auto companies from bankruptcy, and preserving thousands of American jobs, has cost taxpayers at least $14 billion, according to several estimates by government agencies and independent groups.*



To put in perspective, that's about the same we have given in subsidies to BIG OIL in the same timeframe

Which REPUBLICANS refused to end

It works out like this..

Republicans are willing to let one million auto workers lose their jobs over $14 billion to save an industry

But god forbid we try to stop $14 billion in subsidies to Oil Companies who are making record profits

If you weren't so clueless you'd know that bankruptcy and liquidation were two different things

 

[CrusaderFrank]

Has anyone defined what these "oil subsidies" were?

 

[The T]

How Much Did the Auto Bailout Cost Taxpayers? - ABC News

All but $14 billion of the $80 billion loan has been repaid

But saving the auto companies from bankruptcy, and preserving thousands of American jobs, has cost taxpayers at least $14 billion, according to several estimates by government agencies and independent groups.*



To put in perspective, that's about the same we have given in subsidies to BIG OIL in the same timeframe

Which REPUBLICANS refused to end

It works out like this..

Republicans are willing to let one million auto workers lose their jobs over $14 billion to save an industry

But god forbid we try to stop $14 billion in subsidies to Oil Companies who are making record profits

If you weren't so clueless you'd know that bankruptcy and liquidation were two different things

And NO ONE was talking liquidation...but Restructuring.

Doesn't stop dweebs as RighWingShitFlinger.

 

[bripat9643]

All the money Obama lent has been paid back. We are still waiting for the money that Bush gave without requiring stock equity

They have paid about 85% of what was owed

Show it.

How Much Did the Auto Bailout Cost Taxpayers? - ABC News

All but $14 billion of the $80 billion loan has been repaid

But saving the auto companies from bankruptcy, and preserving thousands of American jobs, has cost taxpayers at least $14 billion, according to several estimates by government agencies and independent groups.*



To put in perspective, that's about the same we have given in subsidies to BIG OIL in the same timeframe

Which REPUBLICANS refused to end

You're not counting the stock the government bought. That money will never be repaid.

Furthermore, the government hasn't given a dime to big oil.

You don't know the difference between a legitimate business deduction and your own asshole.

 

[rightwinger]

Show it.

How Much Did the Auto Bailout Cost Taxpayers? - ABC News

All but $14 billion of the $80 billion loan has been repaid

But saving the auto companies from bankruptcy, and preserving thousands of American jobs, has cost taxpayers at least $14 billion, according to several estimates by government agencies and independent groups.*



To put in perspective, that's about the same we have given in subsidies to BIG OIL in the same timeframe

Which REPUBLICANS refused to end

You're not counting the stock the government bought. That money will never be repaid.

Furthermore, the government hasn't given a dime to big oil.

You don't know the difference between a legitimate business deduction and your own asshole.

We give big oil $4 billion each and every year in specially structured tax cuts

We will get repaid on our GM stock.......just waiting for the right time to sell

 

[dblack]

GM records its highest profit ever: $7.6 billion - Washington Times

It's good to be the king!...

Or, well, to know lobbyist who's in tight with the king, in any case.

 

[Chris]

The stimulus worked, GM was rebuilt, unemployment is going down, and the stock market has doubled.

Poor Republicans.

Nothing to run on except anticontraception.

 

[Listening]

The stimulus worked, GM was rebuilt, unemployment is going down, and the stock market has doubled.

.......

The stimulus failed. GM is an abortion by itself.

The stock market has almost returned to where it was five years ago.

And the unemployment is still way way to high.

And Chris still has his head so far up his ass he can look out his bellybutton.

Sorry Chris...you failed again.

 

[Zoom]

GM records its highest profit ever: $7.6 billion - Washington Times

Well, lets all thank God no politician who is running for president said they would have just "let them fail".

 

[Zoom]

The stimulus worked, GM was rebuilt, unemployment is going down, and the stock market has doubled.

.......

The stimulus failed. GM is an abortion by itself.

The stock market has almost returned to where it was five years ago.

And the unemployment is still way way to high.

And Chris still has his head so far up his ass he can look out his bellybutton.

Sorry Chris...you failed again.

You are kidding, right?

 

[Listening]

GM records its highest profit ever: $7.6 billion - Washington Times

Well, lets all thank God no politician who is running for president said they would have just "let them fail".

It's great to see you guys pulling for a corporation.

I mean these are the same bastards you accuse of running the country by buying off elections.

Liberalism...having your cake and eating it too....only to get diarrhea at both ends.

 

[inALIENable]

Obama had to give away a lot of new cars to get elected, so many that he had to commandeer GM to get it done. Now he's trying to give away free doctoring if you elect him again. Word is he'll have a lot more flexibility to give a lot more shit away in his second term, so much so that he'll be assured a 3rd term. Possibly many more.

All hail our dear commie leaders/saviors.

Chumps, LOL, in a wicked kind of way I hope Obama wins in Nov. I blame all this on the stupid ignorant bribable adult children voters, that vote early and vote often, for this coming downfall of freedom. What is to come will be their punishment.

 

[CrusaderFrank]

The stimulus worked, GM was rebuilt, unemployment is going down, and the stock market has doubled.

Poor Republicans.

Nothing to run on except anticontraception.

Is the Stock market good or bad, Chris?

 

[Listening]

The stimulus worked, GM was rebuilt, unemployment is going down, and the stock market has doubled.

Poor Republicans.

Nothing to run on except anticontraception.

Is the Stock market good or bad, Chris?

See if you can get him to answer you question on privatizing SS first. I noticed he's never stepped up on that one.

Easy to just keep posting the same spam though.

 

[inALIENable]

Publicly traded corporations are not a good idea because the CEO, President, and Board Members of publicly traded businesses do not own them, thus meaning it's lootable, which of course frequently happens during take-overs. When a business is not publicly traded and is privately owned and operated, the dude in charge isn't there to loot and destroy it and rob all the share holders because it's already all theirs.