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Thread: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

  1. #121
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    ll

    I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof?




    Monday May 9, 2011, 1:09 pm EDT

    DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

    Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

    CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
    Wow! a whole 400 jobs? My God happy days are here again!!!!!


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  2. #122
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    ll

    I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof?




    Monday May 9, 2011, 1:09 pm EDT

    DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

    Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

    CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
    That doesn't mean they're making money. If those jobs are being funded with taxpayer bailout cash, then there nothing more than welfare.

  3. #123
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    ll

    I guess during your hazardous stroll through the jungles of goggle you inadvertently overlooked this article eh prof?




    Monday May 9, 2011, 1:09 pm EDT

    DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.

    Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.

    CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
    You want proof? The govt. paid $52 a share to buy GM and that price is in the low 30's today so you tell me how much of a loss the taxpayers will have?

  4. #124
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    QUOTE Conservative;

    You want proof?
    What did i ask for proof of?

    The govt. paid $52 a share to buy GM and that price is in the low 30's today so you tell me how much of a loss the taxpayers will have?
    The loan was signed by President Jimmy Carter in the White House on January 7, 1980, on August of 1983, Chrysler paid off the loan, seven years early, at a profit for the government.

    What hits you in the face with the above paragraph conservative? Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit? If anyone cares to look it up they will find that Iacocca was trying to get the Gov. to forgive the loan.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

  5. #125
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    What did i ask for proof of?



    The loan was signed by President Jimmy Carter in the White House on January 7, 1980, on August of 1983, Chrysler paid off the loan, seven years early, at a profit for the government.

    What hits you in the face with the above paragraph conservative? Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit? If anyone cares to look it up they will find that Iacocca was trying to get the Gov. to forgive the loan.
    What does Carter's Chrysler loan 30 years ago have to do with Obama's UAW giveaway???

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  6. #126
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    donc;1059473238]What did i ask for proof of?
    Taxpayers losing billions which you don't seem to believe.


    The loan was signed by President Jimmy Carter in the White House on January 7, 1980, on August of 1983, Chrysler paid off the loan, seven years early, at a profit for the government.
    A loan is different than a takeover. The govt. will be liquidating ownership at around $32 a share

    What hits you in the face with the above paragraph conservative? Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit? If anyone cares to look it up they will find that Iacocca was trying to get the Gov. to forgive the loan
    This isn't a loan, this was a govt. takeover and buyout. You don't seem to know the difference.

  7. #127
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    QUOTE Gill;

    What does Carter's Chrysler loan 30 years ago

    They were both loans, much like the loans to the banks but unlike the loans to the banks that gets eaten up by outrageous bonus for running a bank into the ground, while denying loans for small businesses, the loans to the AUTO INDUSTRY IS CREATING JOBS FOR AMERICA. Like I pointed out.
    The haggardness of poverty is everywhere seen contrasted with the sleekness of wealth, the exhorted labor of some compensating for the idleness of others, wretched hovels by the side of stately colonnades, the rags of indigence blended with the ensigns of opulence; in a word, the most useless profusion in the midst of the most urgent wants.Jean-Baptiste Say

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    They were both loans, much like the loans to the banks but unlike the loans to the banks that gets eaten up by outrageous bonus for running a bank into the ground, while denying loans for small businesses, the loans to the AUTO INDUSTRY IS CREATING JOBS FOR AMERICA. Like I pointed out.
    The govt. took over GM/Chrysler and put their own manager in charge, that isn't a loan.

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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by donc View Post
    They were both loans, much like the loans to the banks but unlike the loans to the banks that gets eaten up by outrageous bonus for running a bank into the ground, while denying loans for small businesses, the loans to the AUTO INDUSTRY IS CREATING JOBS FOR AMERICA. Like I pointed out.
    Except that the TARP loans to banks have been paid back with interest. I doubt all the money given to General Motors and Chrysler (UAW) will ever be paid back in full.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





  10. #130
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    Re: U.S. Payrolls Grew 244,000 in April; Unemployment at 9%

    Quote Originally Posted by Gill View Post
    Except that the TARP loans to banks have been paid back with interest. I doubt all the money given to General Motors and Chrysler (UAW) will ever be paid back in full.
    Bush authorized a loan, Obama took over the companies. Donc doesn't know the difference.

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