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

    And is officially a success?

    It's just been released that the Government has sold it's last share of the last stock in which it owned of GM. Didn't Faux news say it would never be paid off?

    It is now official, Obama has saved the Auto industry in America.

    "The Center for Automotive Research study -- called ''The Effect on the U.S. Economy of the Successful Restructuring of General Motors'' --€“ found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010."

    You're now free to give Obama a warm thank you and apologize for calling this bailout a failure.

    Please begin.

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

    I suppose they'll say that GM wasn't the only entity bailed out and good for GM for paying us back but they shouldn't have needed it in the first place.

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

    Link please.

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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
    And is officially a success?

    It's just been released that the Government has sold it's last share of the last stock in which it owned of GM. Didn't Faux news say it would never be paid off?

    It is now official, Obama has saved the Auto industry in America.

    "The Center for Automotive Research study -- called ''The Effect on the U.S. Economy of the Successful Restructuring of General Motors'' --€“ found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010."

    You're now free to give Obama a warm thank you and apologize for calling this bailout a failure.

    Please begin.
    Success based on what exactly?

    Report: Taxpayers Out $9.7B on GM Bailout | Fox Business

    Dear Taxpayer: Your Auto Bailout Loan Is Repaid, With Interest | Final Inspection

    Why America Needs to Forgive General Motors' Bailout (GM)
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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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
    And is officially a success?

    It's just been released that the Government has sold it's last share of the last stock in which it owned of GM. Didn't Faux news say it would never be paid off?

    It is now official, Obama has saved the Auto industry in America.

    "The Center for Automotive Research study -- called ''The Effect on the U.S. Economy of the Successful Restructuring of General Motors'' --€“ found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010."

    You're now free to give Obama a warm thank you and apologize for calling this bailout a failure.

    Please begin.
    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.

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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
    And is officially a success?

    It's just been released that the Government has sold it's last share of the last stock in which it owned of GM. Didn't Faux news say it would never be paid off?

    It is now official, Obama has saved the Auto industry in America.

    "The Center for Automotive Research study -- called ''The Effect on the U.S. Economy of the Successful Restructuring of General Motors'' --€“ found that the controversial 2008-2009 bailout, saved 2.6 million jobs in 2009 alone and $284.4 billion in personal income was preserved over 2009-2010."

    You're now free to give Obama a warm thank you and apologize for calling this bailout a failure.

    Please begin.
    My most recent info was we are taking a multi-million dollar bath courtesy of GM... no links = hogwash

    But it is a great attempt at humor

    Thom Paine

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    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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

    I didn't see anything in there about all the Republican owned dealerships that Obama closed down in the first couple years getting their businesses back.

    I guess that will be coming later.

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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.
    &We the people gained Billions of dollars from Tax revenue from all the jobs we saved.. I'd call that a success.


    How much do you think we would have lost if we let gm fail?

    Con Logic

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