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Easy, the companies don't have to do anything, they don't care about putting in soldiers in harms way.
With everything in government, follow the money. TARP happened because big banks have spent years buying off our bureacrats, you think they don't have a reason for that? Big oil does the best job buying off our bureacrats, hence why we essentially pattern our entire foreign policy off of what they want (Iraq, Afghanistan, Libya, etc). There's a reason big drug companies and big health insurance companies were quiet during the Obamacare debates, because they know this will make them more money.
War profiteers? Gm gets 60 billion, halliburton gets 12
Follow the money: Bailout tracker - CNNMoney.com
I keep reading in these threads about "war profiteering'
and this is why we went to Iraq
Hell why would any-one put there selves in harms way with Obama handing out billions for nothing?
Easy, the companies don't have to do anything, they don't care about putting in soldiers in harms way.
With everything in government, follow the money. TARP happened because big banks have spent years buying off our bureacrats, you think they don't have a reason for that? Big oil does the best job buying off our bureacrats, hence why we essentially pattern our entire foreign policy off of what they want (Iraq, Afghanistan, Libya, etc). There's a reason big drug companies and big health insurance companies were quiet during the Obamacare debates, because they know this will make them more money.
My point is simple
how one feels about Halliburton and GWB is there right
But to carry the hate that many of those on the left do with that event and to ignore the obvious here makes no sense
Follow the money: Bailout tracker - CNNMoney.com
I keep reading in these threads about "war profiteering'
and this is why we went to Iraq
Hell why would any-one put there selves in harms way with Obama handing out billions for nothing?
Follow the money: Bailout tracker - CNNMoney.com
I keep reading in these threads about "war profiteering'
and this is why we went to Iraq
Hell why would any-one put there selves in harms way with Obama handing out billions for nothing?
GM is paying back their loan. How much is Haliburton paying back, again?
Follow the money: Bailout tracker - CNNMoney.com
I keep reading in these threads about "war profiteering'
and this is why we went to Iraq
Hell why would any-one put there selves in harms way with Obama handing out billions for nothing?
GM is paying back their loan. How much is Haliburton paying back, again?
Why am I being taxed in order to give government the ability to give out loans to certain companies it favors?
GM is paying back their loan. How much is Haliburton paying back, again?
Why am I being taxed in order to give government the ability to give out loans to certain companies it favors?
Answer my question, and then we can move onto yours.
Follow the money: Bailout tracker - CNNMoney.com
I keep reading in these threads about "war profiteering'
and this is why we went to Iraq
Hell why would any-one put there selves in harms way with Obama handing out billions for nothing?
Umm got me. For the same reason they did for Bush?
GM is paying back their loan. How much is Haliburton paying back, again?
Why am I being taxed in order to give government the ability to give out loans to certain companies it favors?
Answer my question, and then we can move onto yours.
Why am I being taxed in order to give government the ability to give out loans to certain companies it favors?
Answer my question, and then we can move onto yours.
GM?
what about the UAW
and as far as GM goes, there chapter 7 without the 50-60 billion
How can you justify that with "there paying us back"
Again the UAW owns 18% of GM
where does that come from?
and here is your answer to "paying us back"
GM repaid its government loan with other government money, or that U.S. taxpayers could lose money on the roughly $50 billion they still have invested in General Motors.
In a letter to Treasury Secretary Timothy Geithner last week, Sen. Chuck Grassley, R-Iowa, said the repayment "appears to be nothing more than an elaborate TARP money shuffle."
Treasury spokeswoman Meg Reilly says Geithner hopes to respond to Grassley's letter, perhaps by today. General Motors did not respond to calls for comment.
How did taxpayers get into this situation?
Before and during its bankruptcy, the U.S. Treasury loaned General Motors $49.5 billion from the Troubled Assets Relief Program.
When GM emerged from bankruptcy as a new company in July, the Treasury converted most of those loans into a 60.8 percent stake in the new company's common stock, $2.1 billion in preferred stock and $7.1 billion in loans. About $400 million in loans was repaid almost immediately, leaving GM with about $6.7 billion in government debt. The balance of the loan was originally due July 2015, but the date was later accelerated to June 30, 2010.
GM had already repaid $2 billion in loans. Last week, it announced it had repaid the remaining $4.7 billion.
The automaker, however, didn't repay any of the loans from its earnings. Repayments came from "other TARP funds currently held in an escrow account," according to a report by the special inspector general overseeing TARP funds.
Answer my question, and then we can move onto yours.
GM?
what about the UAW
and as far as GM goes, there chapter 7 without the 50-60 billion
How can you justify that with "there paying us back"
Again the UAW owns 18% of GM
where does that come from?
and here is your answer to "paying us back"
GM repaid its government loan with other government money, or that U.S. taxpayers could lose money on the roughly $50 billion they still have invested in General Motors.
In a letter to Treasury Secretary Timothy Geithner last week, Sen. Chuck Grassley, R-Iowa, said the repayment "appears to be nothing more than an elaborate TARP money shuffle."
Treasury spokeswoman Meg Reilly says Geithner hopes to respond to Grassley's letter, perhaps by today. General Motors did not respond to calls for comment.
How did taxpayers get into this situation?
Before and during its bankruptcy, the U.S. Treasury loaned General Motors $49.5 billion from the Troubled Assets Relief Program.
When GM emerged from bankruptcy as a new company in July, the Treasury converted most of those loans into a 60.8 percent stake in the new company's common stock, $2.1 billion in preferred stock and $7.1 billion in loans. About $400 million in loans was repaid almost immediately, leaving GM with about $6.7 billion in government debt. The balance of the loan was originally due July 2015, but the date was later accelerated to June 30, 2010.
GM had already repaid $2 billion in loans. Last week, it announced it had repaid the remaining $4.7 billion.
The automaker, however, didn't repay any of the loans from its earnings. Repayments came from "other TARP funds currently held in an escrow account," according to a report by the special inspector general overseeing TARP funds.
This is good info. Thanks. Now, again, how much is Haliburton paying back?
Why am I being taxed in order to give government the ability to give out loans to certain companies it favors?
Answer my question, and then we can move onto yours.
GM?
what about the UAW
and as far as GM goes, there chapter 7 without the 50-60 billion
How can you justify that with "there paying us back"
Again the UAW owns 18% of GM
where does that come from?
and here is your answer to "paying us back"
GM repaid its government loan with other government money, or that U.S. taxpayers could lose money on the roughly $50 billion they still have invested in General Motors.
In a letter to Treasury Secretary Timothy Geithner last week, Sen. Chuck Grassley, R-Iowa, said the repayment "appears to be nothing more than an elaborate TARP money shuffle."
Treasury spokeswoman Meg Reilly says Geithner hopes to respond to Grassley's letter, perhaps by today. General Motors did not respond to calls for comment.
How did taxpayers get into this situation?
Before and during its bankruptcy, the U.S. Treasury loaned General Motors $49.5 billion from the Troubled Assets Relief Program.
When GM emerged from bankruptcy as a new company in July, the Treasury converted most of those loans into a 60.8 percent stake in the new company's common stock, $2.1 billion in preferred stock and $7.1 billion in loans. About $400 million in loans was repaid almost immediately, leaving GM with about $6.7 billion in government debt. The balance of the loan was originally due July 2015, but the date was later accelerated to June 30, 2010.
GM had already repaid $2 billion in loans. Last week, it announced it had repaid the remaining $4.7 billion.
The automaker, however, didn't repay any of the loans from its earnings. Repayments came from "other TARP funds currently held in an escrow account," according to a report by the special inspector general overseeing TARP funds.
So-called "Green" deals between this White House and GE will dwarf both combined. GE and this White House are very cozy. And that's no coincidence. I mean this President even put the top GE Exec in as another Czar. Corrupt cronyism at its worst. Where are all the screeching Lefty Wingers with their "Evil Corporation" rhetoric on that? Must be a weird Hopey Changey thing i guess.
