Comments on: Senators, Bankers Clash Over Bailout
Banks Say Taxpayer Money Not Being Used For Salaries, Bonuses, But Some Lawmakers Unconvinced
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- US Auto Manufacturing Plants in :
Mexico - China - Germany - France - Egypt and Saudi Arabia
Built by : Chrysler - Ford and GM
Paid for by : Chrysler - Ford and GM - Investors
All of Those New FOREIGN : Chrysler - Ford and GM AUTO Plants
Built Only For one Purpose :
TO PURPOSELY and INTENTIONALLY DESTROY :
The DEMOCRATIC INFRASTRUCTURE and
The ECONOMIC INFRASTRUCTURE of : The United States
Posted by lastdance133 at 05:02 PM : Nov 13, 2008
I have an idea, why don;t we export or deport all of those UAW thieves to the Ford Gm and Chrysler plants on other countries, this way they can destroy their Auto Industries as well. - Reply to this comment
- ECONOMIC STRIFE That is Being used as a Weapon to :
ELIMINATE a DEMOCRACY and REPLACE IT With :
The Totalitarian Dictatorship of : A NAZI FASCIST RULE
Against : The Populace of the United States and
The rest of The World
Any Corporation or POLITICAL INFLUENCE __ That has Supported and Assisted in :
The Achievement of : PURPOSELY and INTENTIONALLY
DESTROYING : The DEMOCRATIC INFRASTRUCTURE and
The ECONOMIC INFRASTRUCTURE of The United States is an :
Act of TREASON
The Republican NAZI Fascist Party - Representatives of :
The Peak and Pinnacle of : WICKEDNESS - IMMORALITY and Everything
That is - EVIL - In The World
Posted by lastdance133 at 04:51 PM : Nov 13, 2008
Hey the hospital called and said you need to return for your meds. - Reply to this comment
- CORRECTION
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Posted by lastdance133 at 04:51 PM : Nov 13, 2008
Lastdance, Namecalling does not become you and detracts seriously from our opinion of you. Many of your friends or family are probably republicans who love our country and its middle class as much as you. But you arent going to be able to cooperate with them unless they can talk WITH you, not listen to diatribe.
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Posted by Machineguy at 04:55 PM : Nov 13, 2008 - Reply to this comment
- The Republican NAZI Fascist Party - Representatives of :
The Peak and Pinnacle of : WICKEDNESS - IMMORALITY and Everything
That is - EVIL - In The World
Posted by lastdance133
HEY MORON,WHAT BUSH HAVE TO DO WITH THE AUTO''S INDUSTRIES FAIL, WHAT ABOT CEO''S UNION, AND TOP MANAGEMENT....MORON - Reply to this comment
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Posted by lastdance133 at 04:51 PM : Nov 13, 2008
Lastdance, Namecalling does not become you and detracts seriously from our opinion of you. Many of your friends or family are probably republicans who love our country and its middle class as much as you. But you arent goign to be able to cooperate with you unless they can talk WITH you, not listen to diatribe. - Reply to this comment
- Paulson has no plan other than making it to the end of Bush''s term and spreading as much public money around to Wall Street as he can.
First and foremost, remember he''s part of the Bush team, which didn''t have a long-term plan in Iraq, nor in Afghanistan, not anywhere else.
Paulson uses the same tactics: cry emergency, ask for public money, don''t tell America how much it will really cost. That''s a recipe for failure. - Reply to this comment
- get ready to increase taxes...thank you Pelosi''s and make sure to throw in the bonus for the CEO , Unions and top management too will ya.....
- Reply to this comment
- Ahhhh - a lame duck circle-jerk...
Nothing will really get done until February.
Posted by inventagod2 at 04:45 PM : Nov 13, 2008
February is what we should fear. - Reply to this comment
- Government has no business bickering with banks on how to use the money. The banks don''''t like the terms, they don''''t get the money. This isn''''t Burger King and they don''''t get to have it their way. Banks tried that, didn''''t work out well for them, now they''''re wishing to cash in on taxpayer funds, not today.
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Posted by Edward1975 at 04:37 PM : Nov 13, 2008
The problem is that GOVERNMENT got involved in the late 90''s by setting rules for giving mortgages. The banks had little choice but to go along and give loans to less than qualified borrowers. It worked until the borrowers began to default and the banks lost all their loanable money. Then, without money to loan, the banks werent able to cover the cost of making an automobile until the dealer sold it. Then, since business couldnt borrow money they had lower sales and layoffs. Then the GOVERNMENT had to either wait and hope for the best or try to right their wrong.
Im not optomistic any time the government is involved. All they can ever do is micromanage and HOPE. Hardly any of them EVER worked in a real business. - Reply to this comment
Ahhhh - a lame duck circle-jerk...
Nothing will really get done until February.- Reply to this comment
- BUSH FAULT:
Boehner Opposes Automaker Aid, Says It''s Unfair to Taxpayers
By Laura Litvan
Nov. 13 (Bloomberg) -- House Republican Leader John Boehner said he opposes plans by Democrats to advance $25 billion in aid to U.S. automakers, saying it is unfair to taxpayers not to demand it be combined with plans by the companies to strengthen their financial condition.
``Spending billions of additional federal tax dollars with no promises to reform the root causes crippling automakers'' competitiveness around the world is neither fair to taxpayers nor sound fiscal policy,'''' Boehner said in a prepared statement.
General Motors Corp., Ford Motor Co. and Chrysler LLC would get $25 billion in loans from the Treasury''s $700 billion financial-rescue plan under a proposal by House Financial Services Committee Chairman Barney Frank.
Boehner, an Ohio Republican, said it would be more appropriate to ensure that $25 billion in loans to the automakers, approved already by Congress, be made available more quickly. - Reply to this comment
- BUSH FAULT:
Auto industry lobbyists have pressed Speaker of the House Nancy Pelosi and Senate majority leader Harry Reid for an immediate $25 billion loan to keep firms ... - Reply to this comment
- Yeah right. Our governments "incompetence" has no bounds. Who am I kidding, everything is going according to schedule.
Can I leave the theater, please? I''ve already seen this movie. - Reply to this comment
The problem is that we can make all that stuff here...we don''''ty need the stuff from other countries. Our standard of living is declining now, but instead of just living without a couple of foreign made doodads or geegaws, we''''re not able to make enough to buy groceries. As far as not being able to buy stuff on our foreign vacations, get real...most Americans could care less if you can find US products on the shelves when you travel to Europe because they don''''t get a vacation.
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Posted by Strangeworld at 04:24 PM : Nov 13, 2008
I wish we could. But we cant. We closed those smelly steel plants to clean up the air. It takes robots to make a flat panel TV and we dont have them. There arent enough seamstresses in America to make our clothes anymore and none of our people wnat to be seamstress. We dont make shoes either. when we last made those things they sold for three times what they do today.
My example of a vacation wasnt a good one, sorry. Heres something more realistic. We HAVE to buy oil. We HAVE to buy coffee (well at least my wife does), we HAVE to buy sugar. They wont sell if they cant buy something with the dollars we trade them for. They wont think much of buying from us if China sells the same thing at one third price.- Reply to this comment
- Government has no business bickering with banks on how to use the money. The banks don''t like the terms, they don''t get the money. This isn''t Burger King and they don''t get to have it their way. Banks tried that, didn''t work out well for them, now they''re wishing to cash in on taxpayer funds, not today.
- Reply to this comment
- The biggest problem with the bailout is that there were no restrictions put on the money and legally they can do what they want with the money. Blame Congress for not anticipating these people would do anything but the right thing expecially AIG. It is disingenuous that Congress is upset because the recipients are not doing what was supposed to be done. The people who drew up the bill knew exactly what they were doing and are getting exactly the results they intended. They should have used the same drafting the English and the Germans used and made it quite clear no bonus or compensation only loans. Also the White House has yet to appoint any oversight. We are truly be scre**d.
- Reply to this comment
- "So, whats your point? Dont try to be successful and pay 90% taxes or just try to be mediocre so you dont have those big taxes?"
We''''ve been indoctinated for so long with this idea that business must have huge profits to survive that we''''ve lost sight of reality. American business has become the hog at the taxpayer''''s trough.
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Posted by Strangeworld at 04:11 PM : Nov 13, 2008
It aint indoctrination. Its realization that we cant outproduce the world with small factories. And if our production is small, in the end, we are small. - Reply to this comment
- What are the three largest users of tax money?...The military, Social Security?, Medicare? The social programs, welfare, etc., that republicans like to talk so much about don''''t amount to 10 percent of our spending, so which of the "big three" can we cut. Some programs have been getting cut for years, but some (like the military) have become huge cash cows for the companies of republican friends and campaign contributors, especially since the debacle in Iraq. I agree, we''''ve got to cut, but let''''s be realistic - if you wanted to make a change in your family budget, would you cut out something that costs 20 dollars or something that costs a thousand dollars? The only way to make decent decisions regarding future expenditures is to cut all business influence and lobbying out of the equation - nothing substantial will get done if we continue to structure all policy to favor the wealthy.
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Posted by Strangeworld at 04:20 PM : Nov 13, 2008
Gee, and I thought we were getting somewhere. Seems to me we have been structuring a lot of programs to favor the lower middle class. The financial meltdown resulted from favoring unsecured loans and creating enormous debt that Wall Street hid from the public (but Fannie Mae knew it, even the british commedians knew it a year before we did).
Your statistics on the cost of welfare are wrong. - Reply to this comment
- "How about budget cuts."
What are the three largest users of tax money?...The military, Social Security?, Medicare? The social programs, welfare, etc., that republicans like to talk so much about don''''t amount to 10 percent of our spending, so which of the "big three" can we cut. Some programs have been getting cut for years, but some (like the military) have become huge cash cows for the companies of republican friends and campaign contributors, especially since the debacle in Iraq. I agree, we''''ve got to cut, but let''''s be realistic - if you wanted to make a change in your family budget, would you cut out something that costs 20 dollars or something that costs a thousand dollars? The only way to make decent decisions regarding future expenditures is to cut all business influence and lobbying out of the equation - nothing substantial will get done if we continue to structure all policy to favor the wealthy.
Posted by Strangeworld at 04:20 PM : Nov 13, 2008
Yeh democrat friends please. The (2) largest Military manufacturing states, California and Connecticut are ruled by Democrat Senators and Congress People, in fact in Connecticut Joe Courtney got reelected to Congress on the platform that he was able to get (2) Nuke Subs accelerated for Electric Boat in Groton.
Sorry but Blaming Republicans for the Military spending is just not accurate. - Reply to this comment
- "A trade barrier around our borders (isolationism) that keeps out foreign competition will also keep out that computer you are using, the steel in your car (GM Ford, or Toyota), and the clothes you are wearing (check the labels). If that production moves back to America its cost will go up and your standard of living will decline."
The problem is that we can make all that stuff here...we don''ty need the stuff from other countries. Our standard of living is declining now, but instead of just living without a couple of foreign made doodads or geegaws, we''re not able to make enough to buy groceries. As far as not being able to buy stuff on our foreign vacations, get real...most Americans could care less if you can find US products on the shelves when you travel to Europe because they don''t get a vacation. - Reply to this comment
Mike Huckabee on GOP "rock stars," 2012, health care reform and more.
