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Topic: Barry Pushing Detroit Bailout
willing2's photo
Wed 07/24/13 05:07 AM
Just say no!

Together, we can tell Barry to GFY and his bailouts.

Conrad_73's photo
Wed 07/24/13 05:18 AM

Just say no!

Together, we can tell Barry to GFY and his bailouts.
Mid-Terms just around the corner!
Sheer Blackmail!

InvictusV's photo
Wed 07/24/13 08:16 AM
if they bail out detroit then the flood gates open and every major city run by idiot progressive stooges will come calling with their greasy palms up...

they made their bed with their idiotic policies now they lay in it..

Sojourning_Soul's photo
Wed 07/24/13 08:18 AM
Edited by Sojourning_Soul on Wed 07/24/13 08:27 AM
Bailouts: Condoning poor business practice and bankrupting American taxpayers since 2006.

Coming soon to every city near you don't miss the new action thriller Hyper-Inflation! Guaranteed to leave you penniless, homeless and starving. The FED has spared no expense to bring you this epic horror story, years in the making, come early and bring your friends!


Conrad_73's photo
Wed 07/24/13 08:38 AM

Bailouts: Condoning poor business practice and bankrupting American taxpayers since 2006.

Coming soon to every city near you don't miss the new action thriller Hyper-Inflation! Guaranteed to leave you penniless, homeless and starving. The FED has spared no expense to bring you this epic horror story, years in the making, come early and bring your friends!


bbbbbut that's just Hot AiR!pitchfork

InvictusV's photo
Wed 07/24/13 08:38 AM
Gov't needs $95.51 per share to break even on GM..

DETROIT (AP) -- General Motors stock would have to sell for $95.51 per share for taxpayers to break even on bailing out the company, according to a government watchdog's report released Wednesday.

That price is about three times what GM shares are selling for now, even after a 25 percent increase in the price so far this year.

"There's no question that Treasury, the taxpayers, are going to lose money on the GM investment," Special Inspector General Christy Romero, author of the July quarterly report to Congress, said in an interview.

If the government sells its remaining shares of GM for the current stock price of $36.61, it would get just over $6.9 billion, meaning taxpayers would lose about $11.2 billion on the bailout.

http://news.yahoo.com/govt-needs-95-51-per-040323726.html


Putting this into perspective...

that $ 11.2 billion loss equals one year of revenue that would be generated by raising tax rates on the top 1% back to the pre bush tax cut percentages...








willing2's photo
Wed 07/24/13 08:46 AM
Gubament Motors vehicles will eventually be completely made in Messico.

Conrad_73's photo
Wed 07/24/13 08:58 AM

Gubament Motors vehicles will eventually be completely made in Messico.
gonna be interesting when you have Coyotes leading Undocumented Workers South instead of North!bigsmile

InvictusV's photo
Wed 07/24/13 09:06 AM


Gubament Motors vehicles will eventually be completely made in Messico.
gonna be interesting when you have Coyotes leading Undocumented Workers South instead of North!bigsmile


mexico has a zero tolerance policy for illegal immigration. haha..

Conrad_73's photo
Wed 07/24/13 09:08 AM



Gubament Motors vehicles will eventually be completely made in Messico.
gonna be interesting when you have Coyotes leading Undocumented Workers South instead of North!bigsmile


mexico has a zero tolerance policy for illegal immigration. haha..
a Fact that is lost on Barry and the Idiots in House and Senate!

Sojourning_Soul's photo
Wed 07/24/13 09:12 AM

MoonsDragonLionWolf's photo
Wed 07/24/13 09:28 AM
Edited by MoonsDragonLionWolf on Wed 07/24/13 09:28 AM




The only problem here is that their ideas can pass through the bars!
Better put them in a soundproof room deep underground!

:angry:

Sojourning_Soul's photo
Wed 07/24/13 09:47 AM
Edited by Sojourning_Soul on Wed 07/24/13 10:04 AM
I have a challenge.....

Name one thing the gov't has ever become involved with (other than the CIAs lucrative drug trade) that has ever shown a profit or benefit to anyone other than corrupt politicians, Wall Street and the corporations who back/fund/lobby them, and the bankers who facilitate the madness!

Surely there is something.....right? laugh

GM....FAIL
Green Energy.....FAIL
Education....FAIL
Postal Service....FAIL
Welfare..... rofl
Immigration.....rofl
Social Security....rofl
Jobs......rofl
war......slaphead
Prohibition....whoa slaphead
Healthcare....scared
Bailouts.....slaphead

Meanwhile....


Dodo_David's photo
Wed 07/24/13 10:33 AM
This thread is based on a false claim.

There is no evidence that President Obama is promoting a bail-out for Detroit.

Conrad_73's photo
Wed 07/24/13 10:33 AM

I have a challenge.....

Name one thing the gov't has ever become involved with (other than the CIAs lucrative drug trade) that has ever shown a profit or benefit to anyone other than corrupt politicians, Wall Street and the corporations who back/fund/lobby them, and the bankers who facilitate the madness!

Surely there is something.....right? laugh

GM....FAIL
Green Energy.....FAIL
Education....FAIL
Postal Service....FAIL
Welfare..... rofl
Immigration.....rofl
Social Security....rofl
Jobs......rofl
war......slaphead
Prohibition....whoa slaphead
Healthcare....scared
Bailouts.....slaphead

Meanwhile....


why should Government and their Cronie worry,they can get anytime from the Productive Citizens!

[urlhttp://mises.org/daily/5963/The-Vampire-Economy-and-the-Market

Authoritarian Capitalism (Fascism) and Liberal Capitalism (the Free Market)

What is sometimes referred to as "authoritarian capitalism," or fascism, is in fact a variety of statism, specifically socialism, the system of political economy in which the prerogatives of ownership over the means of production and distribution are vested in the state. Under the fascist economic system, private capitalists are nominally regarded as the owners of the means of production, meaning that they hold property titles to these assets and are referred to as "owners" of these assets. However, this so-called ownership is merely illusory. The actual prerogatives of ownership are vested, not in the private capitalist, but in the state and its bureaucracy.[1] It is the state that tells the private capitalist how he must use "his" property, under the threat of confiscation or even imprisonment. In the words of economist Ludwig von Mises, it is "socialism in the outward guise of capitalism."[2]

see now why they don't worry?

MoonsDragonLionWolf's photo
Wed 07/24/13 11:50 AM

This thread is based on a false claim.

There is no evidence that President Obama is promoting a bail-out for Detroit.


Unless Barrack Obama's real name is Barry I don't understand what you're talking about.
What's the false claim? what

no photo
Wed 07/24/13 11:58 AM
Edited by alleoops on Wed 07/24/13 11:59 AM

This thread is based on a false claim.

There is no evidence that President Obama is promoting a bail-out for Detroit.


Now hold on Dodo. You have no evidence that there is no evidence. If you have no evidence let us see it or not see it.

no photo
Wed 07/24/13 08:41 PM
if he does Ima go to Deetroit, move in with M&M and collect...lollaugh

Dodo_David's photo
Wed 07/24/13 09:05 PM


This thread is based on a false claim.

There is no evidence that President Obama is promoting a bail-out for Detroit.


Now hold on Dodo. You have no evidence that there is no evidence. If you have no evidence let us see it or not see it.


Provide a hyperlink to an actual news report confirming the rumor stated in this thread's title, and we will go from there.

willing2's photo
Wed 07/24/13 09:44 PM
I can't. I'm on a phone.

I saw an ad about it on here and googled it.

Do you know how to Google?

You'll see it all over the net.

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