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Thread: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

  1. #91
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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by mbig View Post
    TARP is now estimated to cost $28 Billion to save the whole US Financial and Jobs infrastructure.. down from the original Bush Price tag of 750 Billion.
    It may Yet Yield a profit.

    Even if it doesn't, this is UNBELIEVABLY Cheap to save the whole US and world economic system (Banks, Brokers, Car companies, etc) from total ruin of the Bush-caused Depression.
    There is no proof it saved anything. It did grow government. As for jobs unemployment just kept increasing

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by Objective Voice View Post
    All things being equal, those who are complaining about taxpayers not being paid back from TARP/GM bailouts should also still be pissed that we didn't get paid back from the Savings and Loan bailout where our loses were nearly double what they may be under TARP/GM.

    I've commented on this before, but the pundits really don't want to talk about it seeing that it's old news (and it happened on Reagan's watch). Well, I got news for you...

    This TARP/GM issue will one day be old news as well, but atleast we got a higher ROI on this bailout than we did on the last. Frankly, I'm not happy with either but what was done was done and the overall damage to the nation's economy was minimized. GM remains a viable U.S. automaker, people ARE working at their production plants and the economy is slowly improving (that is until gas prices put a big dent in any progress that was being made - DAMN!)

    So, if you really want to complain about something go back and research the S&L scandal and see if that bailout really helped the country as a whole or if it merely profitted a small few for a large sum on that taxpayer's nickle.
    Republicans choose to forget about the Savings and Loan collapse caused by Reagan's deregulation. Reagan did almost as much damage to this country as Bush did. But he's still their hero.
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

  3. #93
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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by ptif219 View Post
    There is no proof it saved anything. It did grow government. As for jobs unemployment just kept increasing
    What's your opinion of the Savings and Loan collapse and it's government bailout?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    Thank you George Bush for creating TARP and the conditions that led to it's need and to leave office with an economy on the brink of depression. Thanks again for me not being able to retire when I had planned.
    Wrong Paulson the former head of Goldman Sachs created tarp

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    What's your opinion of the Savings and Loan collapse and it's government bailout?
    It is ancient history and has nothing to do with this

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by ptif219 View Post
    It is ancient history and has nothing to do with this
    Not ancient history. We are still paying for that bailout. A bailout bigger than this one. Why do republican presidents make things so bad that bailouts are needed?
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    S&L crisis---LOL!

    you're gonna re-electioneer the eighties?

    Americans Say Reagan Is the Greatest U.S. President

    knock yourself out

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by The Prof View Post
    S&L crisis---LOL!

    you're gonna re-electioneer the eighties?

    Americans Say Reagan Is the Greatest U.S. President

    knock yourself out
    Reagan the creator of the mother of all bailouts, your hero.....
    "This Administration will constantly strive to promote an ownership society in America. We want more people owning their own home. It is in our national interest that more people own their own home. After all, if you own your own home, you have a vital stake in the future of our country."" GWB

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    Re: GM Falls Below IPO Price as Rising Oil Dims Truck Outlook

    Quote Originally Posted by USA_1 View Post
    Not ancient history. We are still paying for that bailout. A bailout bigger than this one. Why do republican presidents make things so bad that bailouts are needed?
    The Democrats had no part in it?

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