Obama & General Motors

[LoneLaugher]

GM's success is burning the asses of nutters nationwide.

 

[Claudette]

Now they are making record profits.

Maybe us taxpayers will get a Thank You from them now?

don't hold your breaths

I know who definitely won't be getting a thank you note from GM: the guy who penned the 2008 op-ed titled 'Let Detroit Go Bankrupt'.

His name: Mitt Romney

He's twisting more than Chubby Checkers trying to explain that one

Well Hell. They all went bankrupt anyway so it was a waste of taxpayer dollars.

 

[Stephanie]

GM's success is burning the asses of nutters nationwide.

yeah, Success at us taxpayers expense.
what's not to cheer.

 

[Truthmatters]

what do you think the people who still have jobs and pay taxes because Obama went with the Bush Idea to bail out the car industry would think about letting it die?

 

[Stephanie]

what do you think the people who still have jobs and pay taxes because Obama went with the Bush Idea to bail out the car industry would think about letting it die?

LOL, now you all LOVE BUSH..
too funny I tell ya.

 

[Wry Catcher]

They would have made it anyway ...
have not paid the tax payer back
giving out bonus checks
cant sell the green car and give 1/3 of its cost as a rebate picked up by ... yup us


he wants fuel mpg raised which will raise car cost and put them out of reach for purchase yet not fix the gas issue ... gas powered cars and the need for oil isnt going anywhere for many many years

Above post sponsored by Partisan Fools, a fully owned subsidiary of Propaganda R' Us.
The resemblance of the poster to any sane person living or dead is entirely coincidental.

 

[Lonestar_logic]

what do you think the people who still have jobs and pay taxes because Obama went with the Bush Idea to bail out the car industry would think about letting it die?

There is no evidence that GM would have died.


What do you think the folks that are out of a job and have been looking for years think when Obama stops jobs from happening?

 

[Full-Auto]

Obama bailed out General Motors.

He gave them a bridge loan to get through a crisis.

Now they are making record profits.

The Republicans wanted to let GM die. Romney wanted to force GM into bankruptcy. He would have destroyed 1,000s of jobs and ended a great American company.

Guess what?

The Republicans are coming back in 2012, and they will once again have the power to kill our great industries.

God help us.

(Bush was begged to burst the housing bubble before it got too big. He and Greenspan decided to let the market take care of it. Their "do nothing Hooverism" resulted in a much larger crash. Their mistake swallowed whole sectors of the American economy)

Hey stupid...........

They filed bankruptcy anyway. They still owe us money. They have record profits not through sales of cars in the US.

Damn you are stupid.

 

[Stephanie]

Don't bring up the Keystone Pipeline..

 

[LoneLaugher]

I'm not sure there exists anything more pitiful than two dummies winking and nodding at each other as they say really stupid and primarly inaccurate things.

 

[rightwinger]

I prefer to call it Obama Motors. That is the title conservatives hung on it while they gleefully waited for the auto giant to fail. Pundits like Mr Romney whined that GM and Chrysler were not worth saving and that we would never see a nickel back on our investment

Unlike Bush, who just threw money at them, Obama wisely insisted that if they were going to get taxpayer money they would have to restructure, workers would have to accept pay and benefit cuts, they would have to close unprofitable lines and most importantly, the taxpayer would own a majority share of the company

Now that GM and Chrysler are succeeding beyond anyones wildest dreams, all those who were standing death watch over the American Auto industry are now yelling......it would have done the same thing without a bailout

Eating crow is tough sometimes

 

[LoneLaugher]

[ame=http://www.youtube.com/watch?v=ju4wbA266rs]Redneck Talk: Gun Control - YouTube[/ame]

 

[Stephanie]

I prefer to call it Obama Motors. That is the title conservatives hung on it while they gleefully waited for the auto giant to fail. Pundits like Mr Romney whined that GM and Chrysler were not worth saving and that we would never see a nickel back on our investment

Unlike Bush, who just threw money at them, Obama wisely insisted that if they were going to get taxpayer money they would have to restructure, workers would have to accept pay and benefit cuts, they would have to close unprofitable lines and most importantly, the taxpayer would own a majority share of the company

Now that GM and Chrysler are succeeding beyond anyones wildest dreams, all those who were standing death watch over the American Auto industry are now yelling......it would have done the same thing without a bailout

Eating crow is tough sometimes

oh dear me..

 

[TruthSeeker56]

Obama bailed out General Motors.

He gave them a bridge loan to get through a crisis.

Now they are making record profits.

The Republicans wanted to let GM die. Romney wanted to force GM into bankruptcy. He would have destroyed 1,000s of jobs and ended a great American company.

Guess what?

The Republicans are coming back in 2012, and they will once again have the power to kill our great industries.

God help us.

(Bush was begged to burst the housing bubble before it got too big. He and Greenspan decided to let the market take care of it. Their "do nothing Hooverism" resulted in a much larger crash. Their mistake swallowed whole sectors of the American economy)

You must have worked really hard to put together your FABRICATIONS. Here are the FACTS:

1. General Motors and Chrysler received "loans" beginning in December of 2008, B.O. (Before Obama).

2. The U.S. Treasury (aka the taxpayers) still owns 61% of General Motors stock, as of November of 2011.

3. G.M. said it earned a quarterly profit of $472 million, or 28 cents a share, DOWN from $510 million, or 31 cents a share, a year ago.

4. For all of 2011, G.M. earned $7.6 billion, nearly all of it from North America. That was 62 percent higher than the $4.7 billion it earned a year ago and more than G.M.’s previous record of $6.7 billion in 1997 (in today’s dollars, the 1997 profit would be about $9.4 billion).

5. Excluding one-time items such as debt reduction and an investment in its former financing arm, Ally Financial, G.M. earned 39 cents a share in the fourth quarter, 2 cents below analysts’ expectations. Still, shares were up 4.2 percent, to $29.98, in early trading Feb. 16 on the New York Stock Exchange.

 

[jgarden]

Romney campaign may need bailout in native state of Michigan
February 15, 2012

WASHINGTON - Let Detroit Go Bankrupt.

That was the headline on a New York Times Op-Ed Mitt Romney wrote in late 2008, arguing against a U.S. taxpayer bailout of America's iconic auto industry.

It was a tough-love message from the son of a former Michigan governor, a made-in-Detroit politician who felt government intervention ``virtually guaranteed'' the demise of Chrysler and General Motors.

Fast forward almost four years. The carmakers are making money again and Romney is the one in trouble - unexpectedly battling Rick Santorum ahead of Michigan's Republican presidential primary on Feb. 28.

Romney launched a major effort Tuesday to rescue his campaign in the Great Lakes State, amid concerns that defeat there is not only possible, but potentially crippling to his White House ambitions.

``The Romney people know they are in some trouble here,'' says Matt Grossmann, a political scientist at Michigan State University.

... ``The indisputable good news is that Chrysler and General Motors are still in business,'' Romney writes. ``The equally indisputable bad news is that all the defects in President Obama's management of the American economy are evident in what he did.''

http://www.ottawacitizen.com/news/R...lout+native+state+Michigan/6152624/story.html

As a self-professed "native son" who was willing to "Let Detroit Go Bankrupt," Mitt Romney should be totally embarrassed to show his face in Michigan.

One of the few "success-stories" in Michigan, is the willingness of a "non-native son" to take the political risk and support the continuation of the auto industry. Three years later, that decision has proven to be the correct one.

If Romney, the businessman, was wrong on such a major decision involving his own state, what credibility does he have as a presidential candidate, given that his claim to fame is his supposed business prowness?

Santorum didn't support government money being used to support the "auto-industry" either. Why a Michigan voter would give either one of these candidates the "time of day" is beyond me!

 

[Stephanie]

Romney campaign may need bailout in native state of Michigan
February 15, 2012

WASHINGTON - Let Detroit Go Bankrupt.

That was the headline on a New York Times Op-Ed Mitt Romney wrote in late 2008, arguing against a U.S. taxpayer bailout of America's iconic auto industry.

It was a tough-love message from the son of a former Michigan governor, a made-in-Detroit politician who felt government intervention ``virtually guaranteed'' the demise of Chrysler and General Motors.

Fast forward almost four years. The carmakers are making money again and Romney is the one in trouble - unexpectedly battling Rick Santorum ahead of Michigan's Republican presidential primary on Feb. 28.

Romney launched a major effort Tuesday to rescue his campaign in the Great Lakes State, amid concerns that defeat there is not only possible, but potentially crippling to his White House ambitions.

``The Romney people know they are in some trouble here,'' says Matt Grossmann, a political scientist at Michigan State University.

... ``The indisputable good news is that Chrysler and General Motors are still in business,'' Romney writes. ``The equally indisputable bad news is that all the defects in President Obama's management of the American economy are evident in what he did.''

Romney campaign may need bailout in native state of Michigan

As a self-professed "native son" who was willing to "Let Detroit Go Bankrupt," Mitt Romney should be totally embarrassed to show his face in Michigan.

One of the few "success-stories" in Michigan, is the willingness of a "non-native son" to take the political risk and support the continuation of the auto industry. Three years later, that decision has proven to be the correct one.

If Romney, the businessman, was wrong on such a major decision involving his own state, what credibility does he have as a presidential candidate, given that his claim to fame is his supposed business prowness?

Santorum didn't support government money being used to support the "auto-industry" either. Why a Michigan voter would give either one of these candidates the "time of day" is beyond me!

I wonder how the people of Michigan feel to be welfare queens?

 

[rightwinger]

Romney campaign may need bailout in native state of Michigan
February 15, 2012

WASHINGTON - Let Detroit Go Bankrupt.

That was the headline on a New York Times Op-Ed Mitt Romney wrote in late 2008, arguing against a U.S. taxpayer bailout of America's iconic auto industry.

It was a tough-love message from the son of a former Michigan governor, a made-in-Detroit politician who felt government intervention ``virtually guaranteed'' the demise of Chrysler and General Motors.

Fast forward almost four years. The carmakers are making money again and Romney is the one in trouble - unexpectedly battling Rick Santorum ahead of Michigan's Republican presidential primary on Feb. 28.

Romney launched a major effort Tuesday to rescue his campaign in the Great Lakes State, amid concerns that defeat there is not only possible, but potentially crippling to his White House ambitions.

``The Romney people know they are in some trouble here,'' says Matt Grossmann, a political scientist at Michigan State University.

... ``The indisputable good news is that Chrysler and General Motors are still in business,'' Romney writes. ``The equally indisputable bad news is that all the defects in President Obama's management of the American economy are evident in what he did.''

Romney campaign may need bailout in native state of Michigan

As a self-professed "native son" who was willing to "Let Detroit Go Bankrupt," Mitt Romney should be totally embarrassed to show his face in Michigan.

One of the few "success-stories" in Michigan, is the willingness of a "non-native son" to take the political risk and support the continuation of the auto industry. Three years later, that decision has proven to be the correct one.

If Romney, the businessman, was wrong on such a major decision involving his own state, what credibility does he have as a presidential candidate, given that his claim to fame is his supposed business prowness?

Santorum didn't support government money being used to support the "auto-industry" either. Why a Michigan voter would give either one of these candidates the "time of day" is beyond me!

I wonder how the people of Michigan feel to be welfare queens?

That is one of your more idiotic posts

And given your posting history, that is saying a lot

 

[jgarden]

I wonder how the people of Michigan feel to be welfare queens?

Let's hope all those Michigan "welfare queens," on November 6, 2012, remember which polical Party supported the presidential candidates who favored "Let Detroit Go Bankrupt!"

 

[CrusaderFrank]

I prefer to call it Obama Motors. That is the title conservatives hung on it while they gleefully waited for the auto giant to fail. Pundits like Mr Romney whined that GM and Chrysler were not worth saving and that we would never see a nickel back on our investment

Unlike Bush, who just threw money at them, Obama wisely insisted that if they were going to get taxpayer money they would have to restructure, workers would have to accept pay and benefit cuts, they would have to close unprofitable lines and most importantly, the taxpayer would own a majority share of the company

Now that GM and Chrysler are succeeding beyond anyones wildest dreams, all those who were standing death watch over the American Auto industry are now yelling......it would have done the same thing without a bailout

Eating crow is tough sometimes

Bankruptcy courts exists to allow companies to restructure, Obama fucked over Chrysler Senior secured creditors to give UAW Equity

 

[Claudette]

Romney campaign may need bailout in native state of Michigan
February 15, 2012

WASHINGTON - Let Detroit Go Bankrupt.

That was the headline on a New York Times Op-Ed Mitt Romney wrote in late 2008, arguing against a U.S. taxpayer bailout of America's iconic auto industry.

It was a tough-love message from the son of a former Michigan governor, a made-in-Detroit politician who felt government intervention ``virtually guaranteed'' the demise of Chrysler and General Motors.

Fast forward almost four years. The carmakers are making money again and Romney is the one in trouble - unexpectedly battling Rick Santorum ahead of Michigan's Republican presidential primary on Feb. 28.

Romney launched a major effort Tuesday to rescue his campaign in the Great Lakes State, amid concerns that defeat there is not only possible, but potentially crippling to his White House ambitions.

``The Romney people know they are in some trouble here,'' says Matt Grossmann, a political scientist at Michigan State University.

... ``The indisputable good news is that Chrysler and General Motors are still in business,'' Romney writes. ``The equally indisputable bad news is that all the defects in President Obama's management of the American economy are evident in what he did.''

http://www.ottawacitizen.com/news/R...lout+native+state+Michigan/6152624/story.html

As a self-professed "native son" who was willing to "Let Detroit Go Bankrupt," Mitt Romney should be totally embarrassed to show his face in Michigan.

One of the few "success-stories" in Michigan, is the willingness of a "non-native son" to take the political risk and support the continuation of the auto industry. Three years later, that decision has proven to be the correct one.

If Romney, the businessman, was wrong on such a major decision involving his own state, what credibility does he have as a presidential candidate, given that his claim to fame is his supposed business prowness?

Santorum didn't support government money being used to support the "auto-industry" either. Why a Michigan voter would give either one of these candidates the "time of day" is beyond me!

What do you mean he was willing to let em go bankrupt.

They did go bankrupt

Its a success story for Detroit and the Unions. Not so much for the taxpayers and the investors who got hosed.