Socialism For Corporations

[Orange_Juice]

Tens of billions to the Macs, and now Detriot wants $50 billion in loans

http://news.yahoo.com/s/ap/20080907/ap_on_...fSVBjJim..s0NUE

If they had not fought the CAFE standards in the past they wouldn't be in this mess right now and would be able to compete with Toyota and Honda

 

[DiamondDave]

You blame this on CAFE Standards??

Give me a break....

There are lots of things wrong with the American auto industry... but mileage of cars is not the major factor... hell, the US is LEADING The way in terms of mileage averages for larger vehicles that Honda or Toyota WON'T produce yet are still wanted and even NEEDED by many American consumers

The other funny thing... I did not know socialism was based on loans... if you would have complained about handouts to the industry, like we have handouts to the do-nothing lazy folks thanks to people like you who believe in socialism, you would have actually had a point....

but like always, you indeed have no point....

 

[Alpha1]

Tens of billions to the Macs, and now Detriot wants $50 billion in loans

http://news.yahoo.com/s/ap/20080907/ap_on_...fSVBjJim..s0NUE

If they had not fought the CAFE standards in the past they wouldn't be in this mess right now and would be able to compete with Toyota and Honda

You want socialism for yourself but not for everyone ?

 

[Care4all]

You want socialism for yourself but not for everyone ?

certainly not for a corporation....a business that has made profits off of us over the years, and now when not making a profit we have to pay them again...

i for one, am sick of it....

5 trillion in debt are these two banks.....jesus mary and joseph!!!!! sigh

save freddie mac or save social security?
save fannie mae or save medicare?
save freddie mac or give us affordable health care?
save fannie mae or save our infrastructure?

i dunno about you, but i pick the LATTER on all of the above, IF OUR tax dollars are going to be spent....

care

 

[Orange_Juice]

You blame this on CAFE Standards??

Give me a break....

There are lots of things wrong with the American auto industry... but mileage of cars is not the major factor... hell, the US is LEADING The way in terms of mileage averages for larger vehicles that Honda or Toyota WON'T produce yet are still wanted and even NEEDED by many American consumers

The other funny thing... I did not know socialism was based on loans... if you would have complained about handouts to the industry, like we have handouts to the do-nothing lazy folks thanks to people like you who believe in socialism, you would have actually had a point....

but like always, you indeed have no point....

This is a handout. Way can't they borrow the money from banks? Oh that's right, they would have to pay it back at a high interest rate like everyone else. Wouldn't you like a nice very low interest rate to buy a house?

 

[Alpha1]

certainly not for a corporation....a business that has made profits off of us over the years, and now when not making a profit we have to pay them again...

i for one, am sick of it....

5 trillion in debt are these two banks.....jesus mary and joseph!!!!! sigh

save freddie mac or save social security?
save fannie mae or save medicare?
save freddie mac or give us affordable health care?
save fannie mae or save our infrastructure?

i dunno about you, but i pick the LATTER on all of the above, IF OUR tax dollars are going to be spent....

care

Hey Care...

YOUR liberal Democratic Congress controls the purse now....so put you blame where it belongs and leave us innocent folks be.....
THEY are doing all the bailouts you might read about...

 

[Care4all]

Hey Care...

YOUR liberal Democratic Congress controls the purse now....so put you blame where it belongs and leave us innocent folks be.....
THEY are doing all the bailouts you might read about...

hey alpha
yep lapdogs of the PRESIDENT'S policies, can't disagree...was this discussed with congress? i only heard bernanke saying that they were bailing fannie and fred....

care

 

[Care4all]

You blame this on CAFE Standards??

Give me a break....

There are lots of things wrong with the American auto industry... but mileage of cars is not the major factor... hell, the US is LEADING The way in terms of mileage averages for larger vehicles that Honda or Toyota WON'T produce yet are still wanted and even NEEDED by many American consumers

The other funny thing... I did not know socialism was based on loans... if you would have complained about handouts to the industry, like we have handouts to the do-nothing lazy folks thanks to people like you who believe in socialism, you would have actually had a point....

but like always, you indeed have no point....

i disagree....this is the SECOND TIME the american auto industry missed the mark....they stayed behind the curve and innovation on cafe standards...

i blame their condition on VERY POOR upper MANAGEMENT with no vision....

 

[Alpha1]

hey alpha
yep lapdogs of the PRESIDENT'S policies, can't disagree...was this discussed with congress? i only heard bernanke saying that they were bailing fannie and fred....

care

WOW Care...you callin' Nanci and Harry and Dubin and Kennedy the Presidents lapdogs ? Your gonna lose your Dim. card...

Repubs can 'bail out' anyone...the Dims run the show....sometimes you just have to face the facts, the hard cold facts that Dims are in charge of the money......all the R's can do is beg for handouts.....

 

[editec]

Hey Care...

YOUR liberal Democratic Congress controls the purse now....so put you blame where it belongs and leave us innocent folks be.....
THEY are doing all the bailouts you might read about...

Are you still so blinded by your partian myopia that you honestly think that on issues invovling high finance there is a significant difference between the parties?

 

[Alpha1]

Are you still so blinded by your partian myopia that you honestly think that on issues invovling high finance there is a significant difference between the parties?

Congress controls the money and Democrats control the Congress.....

Indisputable FACT......

 

[Orange_Juice]

You want socialism for yourself but not for everyone ?

Nope, just glad you see this is socialism. I guess we can all agree that government can play a huge role in saving and improving society

 

[Care4all]

Congress controls the money and Democrats control the Congress.....

Indisputable FACT......

tis true, BUT this IS the president's plan, to take over fmae/fmac and Congress has been on their August break, the president has not even gone over this take over plan of his with them....

heard that Congress will start hearings on this today....
What is sad, is that Fannie mae and freddie mac were not a part of this real estate scam that took place, they were sold these mortgages from Countrywide and others after countrywide and others already did the scam...

What a mess....a real mess, and ALL because of DEREGULATION....just wonderful.....

 

[DiamondDave]

This is a handout. Way can't they borrow the money from banks? Oh that's right, they would have to pay it back at a high interest rate like everyone else. Wouldn't you like a nice very low interest rate to buy a house?

Funny... I could have a government backed loan if I wanted... no thanks

Still does not take away from the fact that loans are not socialist... handouts to redistribute the wealth that is collected and managed by the government would be... still does not take away from the fact it is not because of CAFE standards....

again... more baseless slogans and baseless assumptions by libtroll#2

 

[editec]

What a mess....a real mess, and ALL because of DEREGULATION....just wonderful.....

Exactly.

We had laws in place that would have not allowed this mess to happen.

Thanks to Reagan, and the Neocon Republican's Contract on Americans we systematically made it possible for this tragedy of the commons to happen.

this real estate debacle is the second disaster that the change in banking laws caused, and the American taxpayers are once again bailing out the richest elements of our society who screwed up.

Socialism for the monied class, capitalism for the working class.

 

[Odd1_Out]

Hey Care...

YOUR liberal Democratic Congress controls the purse now....so put you blame where it belongs and leave us innocent folks be.....

Which would be a valid arguement if all of the national debt had been accumulated in the past 2 years, and if Bush hadn't been vetoing so much of the legislation the Democrats have been trying to pass.

Also, I don't believe that anyone here is a member of Congress, so we are all "innocent folks" here.

 

[sealybobo]

certainly not for a corporation....a business that has made profits off of us over the years, and now when not making a profit we have to pay them again...

i for one, am sick of it....

5 trillion in debt are these two banks.....jesus mary and joseph!!!!! sigh

save freddie mac or save social security?
save fannie mae or save medicare?
save freddie mac or give us affordable health care?
save fannie mae or save our infrastructure?

i dunno about you, but i pick the LATTER on all of the above, IF OUR tax dollars are going to be spent....

care

I told you!!! The GOP wants to privatize the profits and socialize the losses.

Iraq, we pay for reconstruction but Haloburton, Exxon and Blackwater make a fortune.

Now, investors in Fanny Mae and Freddy Mac get bailed out by us but when the market turns around, they'll get 10% returns.

Tom Hartmann said it best. The US Government should take this over completely. Then when the market turns around, us taxpayers get 10% return on investment.

It sure seems like the GOP purposely crashed the banking and mortgage industries. They benefitted from the process of collapsing these industries and now they know the government will bail them out.

And the Republicans that caused all this will have the balls to blame the Democrats. Without any proof they have already started. Amazing!!