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Thread: GM's return to top continues as it rejoins S&P 500

  1. #61
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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by pbrauer View Post
    Really? Four years in advance, they were bribed? Sureeeeeeeeee they were.
    You claimed that those voters ~"thanked him". A vote of personal "thanks" is most certainly a bribe. Obama basically gave everyone at GM a government job. I guess since he was not able to create a Department of Shovel-Ready Jobs, he commandeered a private company and used that. Does anyone honestly believe that Ohio being a swing state never entered into the equation?
    Last edited by ecofarm; 06-07-13 at 12:01 PM.

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by ecofarm View Post
    You claimed that those voters ~"thanked him". A vote of personal "thanks" is most certainly a bribe. Obama basically gave everyone at GM a government job. I guess since he was not able to create a Department of Shovel-Ready Jobs, he commandeered a private company and used that. Does anyone honestly believe that Ohio being a swing state never entered into the equation?
    And he gave them that job at the expense of GM's bond holders and tax payers. For decades the union auto industry has been on a roller coaster ride. Once the shareholders seem to be growing their company and accumulating some profits the union comes in wanting their overreaching greedy share. Driving the company once again into insolvency or worse yet bankruptcy.
    Liberals - Punish the Successful, Reward the Unsuccessful
    Liberals - Tax, Borrow, Spend, and Give Free Stuff
    Obama's legacy - President Donald Trump

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by American View Post
    You really believe if the unions hadn't existed, that GM would have been saved?
    Yes. Absolutely. We're talking about 1 million jobs and a major US industry, blowing up during the worst recession since the 1930s?

    And of course, the fact speak for themselves, namely: Big banks and AIG do not have unions, and they also got propped up.


    Obama spent every waking second bashing big business. Then suddenly, he steps up and saves them.
    I agree that one major motivation for Obama was to keep people employed. Another was to save the US auto industry. If GM and Chrysler went belly-up, so would most of their suppliers, which would seriously damage the entire auto US auto industry.

    And he hasn't spent "every waking second bashing big business." Your misperceptions are not my problem.

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by ecofarm View Post
    You claimed that those voters ~"thanked him". A vote of personal "thanks" is most certainly a bribe. Obama basically gave everyone at GM a government job. I guess since he was not able to create a Department of Shovel-Ready Jobs, he commandeered a private company and used that. Does anyone honestly believe that Ohio being a swing state never entered into the equation?
    This is silly, what I said here at DP has no bearing on whether it was a bribe. And to imply the stimulus package was about shovel-ready jobs is clearly wrong.


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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by pbrauer View Post
    This is silly, what I said here at DP has no bearing on whether it was a bribe. And to imply the stimulus package was about shovel-ready jobs is clearly wrong.
    Wrong you say, from the NYT

    http://www.nytimes.com/2012/02/12/op...anted=all&_r=0
    Liberals - Punish the Successful, Reward the Unsuccessful
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    Obama's legacy - President Donald Trump

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by Visbek View Post
    Yes. Absolutely. We're talking about 1 million jobs and a major US industry, blowing up during the worst recession since the 1930s?

    And of course, the fact speak for themselves, namely: Big banks and AIG do not have unions, and they also got propped up.



    I agree that one major motivation for Obama was to keep people employed. Another was to save the US auto industry. If GM and Chrysler went belly-up, so would most of their suppliers, which would seriously damage the entire auto US auto industry.

    And he hasn't spent "every waking second bashing big business." Your misperceptions are not my problem.
    You must have gone insane with rage when Obama shut down offshore drilling.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by pbrauer View Post
    This is silly, what I said here at DP has no bearing on whether it was a bribe. And to imply the stimulus package was about shovel-ready jobs is clearly wrong.

    You still trying to sell those lies about tax cuts?
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  8. #68
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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by pbrauer View Post
    This is silly, what I said here at DP has no bearing on whether it was a bribe. And to imply the stimulus package was about shovel-ready jobs is clearly wrong.

    It's like, when countered. you just take yourself out of the equation and run to big spammy excel graphs. I think it is strange to discount ones own observations while using a real username; that's contradictory.

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by Born Free View Post
    Did you read it?

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    Re: GM's return to top continues as it rejoins S&P 500

    Quote Originally Posted by disneydude View Post
    I take it that you aren't aware that there are different types of bankruptcy, right?
    I take it you are aware that with a first lien holder position it doesnt matter? If its bankruptcy they get first rights to proceeds, if its reorganization, they are first in line to made whole through debt repayment.

    Obama and the DOJ (which we can totally trust, right?) stepped in and applied political pressure to the lawyers firms representing those bondholders and they recieved around 13cents on the dollar and the unions, in a non preferred position--but had their nose up the President's ass--recieved 90 cents on the dollar.

    Equal representation under the law indeed. We are ****ed when political support is used to undermine court precendent as old as the country. Because it means political favor is more important than the law.

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