Comments on: Sen.: U.S. Stake In GM Akin To Socialism

[formrusmcsgt]

"This is a sad day," Shelby, the ranking Republican on the Senate Finance Committee said. "This was a great company and look at it today."

..."Shelby said bankruptcy was unavoidable, but that the decision should have been made six months ago. "
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Which would have been during dubya's reign.....a top repub openly accusing of dubya of doing nothing when he should have?

Of being "asleep at the wheel", so to speak?

Caught with his drawers down?

I never thought I'd see a modern repub admit the obvious about one of it's own.

As refreshing as it is amazing........

[stn_sage]

OH, yeah!? Where in the 'H' have you been Shelby, all these past years, when your party---the GOP---was busy pushing Reaganomics and de-regulation of business---that resulted in the current situation?!

Don't waste our time bothering to lie to us! We KNOW what you were doing---you were supporting both failed policies!

Now, like other guilty Congressmen who caused this mess---you want to pretend you had nothing to do with it!

Let me guess? YOU must be up for re-election in 2010, huh?! Surely, Alabama has better leadership to offer than you, sir! IF they don't, they're in real trouble!

[billcholee]

hey senator. and i use the term losely. you take that socialism roll it up real tight and use it for an anal suppository, i am quite that you know what sure what those are for, but heres some advice you redneck ********** YOU can use it from either end. isn't that convenient?

[stn_sage]

The day the government has 100% control of the stock of the company and makes 100% of the decisions regarding it, is the day we have socialism!

When government misleaders buy control of a company in the public's name, against the will of a vast majority of the public, but part of the control AND the real decision-making remains in the hands of ignorant private execs, you have FASCISM! OK!? Let's get it right!

It's called FASCISM, Shelby! You got that!? Geez---I am so glad this guy DOESN'T represent me!

[rickwar]

Sen. Richard Shelby (R-Ala.)

Blow it out your ass senator, it's the same old fear and panic cry you use.

And, might I just point out your party started the buy in and help cause the financial collapse due to deregulation?

How about the other side of the coin GM comes back, taxpayers and the treasury get paid back or GM buys it's stock back.

Republicans-------drama queens

[labrat9999]

hmm...let's see...in 1979 (then Republican President Regan) Realizing that the company would go out of business if it did not receive a significant amount of money to turn the company around, Iacocca approached the United States Congress in 1979 and asked for a loan guarantee. While some have said that Congress lent Chrysler the money, the government, in fact, only guaranteed the loans. Most observers thought this was an unprecedented move, but Iacocca pointed to the government bailouts of the airline and railroad industries, arguing that more jobs were at stake in Chrysler's possible demise. In the end, though the decision was controversial, Iacocca received the loan guarantee from the government.
Then there was the trip to Japan in 1992 with none other than George Bush to cry to the Japanese that they were being unfair and not importing American cars.
Sound like Socialism?? Funny two former great GOP Presidents didn't think so.

[texbelle123]

Remember that childhood story called "Chicken Little'?

All you gotta do to start folks running around hollering about the sky falling is to use the word "Socialism" . . . .
and the world as we know it is about to end.

What a hoot.

[tomar01]

If everyone is so afraid of what the government is doing with GM, write your congress person's and tell them not to vote for the bailouts!!! GM will totally fall flat, go totally bankrupt, and by the time the company rebuilds, we'll all be gone. This is what happens when major greed run a country

[notblue]

chitown, you are confused, 70% ownership of the auto industry by the government is not "government assistance" IT'S OWNERSHIP and yes any government owned entitiy that sells products to the populace is a socialist entity.Get it?

[mattcat25]

We've witnessed first hand the potential of the conservatives, and it wasn't at all very pretty.

The Republican Party set out to break every governmental process, policy, and functions. Chaos was allowed to take place on 911, Iraq invasion/occupation, and the Katrina Hurricane.

With the American People in SHOCK the Republicans sought their opportunity to divert LARGE AMOUNTS OF CA$H from our Federal Treasury in the name of these disasters.

Now, in the after math of unfettered Conservatism the Republicans really don't have one leg to stand on, accept rolling out their same old playbook of fear mongering.

If you're not part of the solution you must be REPUBLICAN!!