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Thread: What are the Cons going to say now that the GM bailout has been paid off

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    Quote Originally Posted by ttwtt78640 View Post
    Per your first link we the sheeple are still out $10 BILLION, hardly a success. Too many more successes like that and we could be called bad investors.
    Hey! Watch yo' mouf'! Elections are EXPENSIVE. $10B is just a droplet in the ocean.

    So, thanks Obama. Good job. Sort of. Not exactly. Sort of. It's only money ya know.

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    Re: What are the Cons going to say now that the GM bailout has been paid off



    Only the fevered imagination of liberals can call it a success.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    Quote Originally Posted by specklebang View Post
    It was not a failure. I suspect the USG lost a bunch of money on the deal and they can just print that up if they need it.

    As it happens, I agreed with that bailout. Many jobs were saved. American prestige was saved. CEOs multi-million dollar paychecks were saved. Gulfstream jet sales were saved.

    The issue might be why one company would be given special favors over another. We could save every company that way. Including mine. Including yours.
    Milestone: China Now General Motors' Biggest Market

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    Quote Originally Posted by loader View Post


    Only in the fevered imagination of liberals can call it a success.
    So saving millions of jobs and billions in personnel income isn't a success huh?

    We've gained a lot more in tax revenue from the jobs we've saved than any money we lost from the bail out..

    Only in the Imagination of a con would that be called a failure.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    I find it funny how cons will complain about the 10 billion tax payer dollars we lost from the GM bailout, yet not ONCE have I heard them complain about the BILLIONS of dollars we're throwing away in military spending making tanks and planes that will never be used.

    The GM bailout made us more money than we lost in the long run and saved the American Auto industry.. What exactly has our wasted military spending got to show for us?

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    If the feds want to loan me $1,000,000 I promise to pay them back $800,000.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    Quote Originally Posted by xxstevennnxx View Post
    So saving millions of jobs and billions in personnel income isn't a success huh?

    We've gained a lot more in tax revenue from the jobs we've saved than any money we lost from the bail out..

    Only in the Imagination of a con would that be called a failure.
    Wow, so the script has the GM bailout up to saving millions of jobs now? I guess you've abandoned your intial they paid it all back point.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    From your article:
    GM isn't the only American maker outpacing the growth of the overall Chinese market. Rival Ford set its own record for the first half, with sales surging 47 percent there and demand up 44 percent in June.
    So, while I agreed (reluctantly) with the bailout, Ford managed on their own and the times they are achangin'. So, the issue is fairness.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    "The Treasury Department has sold its final stake in General Motors, closing the book on its 2009 bailout of the auto industry. GM has been revived and is now profitable, but taxpayers are out more than $10 billion dollars.

    Treasury Secretary Jack Lew announced the final stock sale late Monday afternoon, saying that Treasury ultimately recouped $39 billion through the sale of shares, dividends and loan repayments since 2009. But the government pumped $49.5 billion into GM to help it get through a bankruptcy reorganization."

    So it 'only' cost the US 10 billion. Of course..with the added cash for clunkers programs and the fed buying GM rolling stock...that didnt hurt. Now...what will be the result 3 years from now? 5? And how is it even POSSIBLE Ford and Chrysler managed to survive...to say nothing of the foreign auto manufacturers in America.

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    Re: What are the Cons going to say now that the GM bailout has been paid off

    Quote Originally Posted by xxstevennnxx View Post
    I find it funny how cons will complain about the 10 billion tax payer dollars we lost from the GM bailout....
    Think this statement from Steven, as opposed to this one that opened the thread....

    Quote Originally Posted by xxstevenxx
    And is officially a success?
    It took less than 30 minutes for steven to change his approach once it was pointed out through his own links that we actually lost $10 Billion on that "success".... Amazing...
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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