Obama addresses the American People and Lies again.

Discussion in 'Economy' started by Charles_Main, Apr 20, 2011.

  1. Charles_Main
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    Charles_Main AR15 Owner

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    Obama announced that we are unloading GM stock, and claimed the American People are Positioned to recover More than His Administration invested in it.

    That is a straight up, bold faced lie. At the current price we stand to lose at least 12 Billion dollars.

    Does the man have any shame?

    http://articles.cnn.com/2010-11-18/politics/obama.gm_1_gm-tough-decisions-stock-sale?_s=PM:pOLITICS

    With Rising Gas prices and GM still reliant on mostly trucks and SUV sales to turn a profit It seems very unlikely We will even break even let alone make a profit.

    The man is a straight up liar.
     
    Last edited: Apr 20, 2011
  2. Robert
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    Robert Really nice Guy

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    Is that a rhetorical question?
     
  3. Charles_Main
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    Charles_Main AR15 Owner

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    You bet.
     
  4. R.D.
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    R.D. Gold Member

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  5. Claudette
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    Claudette Gold Member

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    I didn't hear him say anything about HOW GM is paying back the loans either. He just said that they had payed them back.

    In Obamaworld I guess using other TARP, taxpayer money, to pay back a loan that was orgionally taxpayer dollars is A O K.

    Why am I not surprised??
     
    Last edited: Apr 20, 2011

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