Bailing out GM

[UserRemoved1]

: claps: NEBESTRADAMOUS you are so right.

Originally Posted by Nebe

Right here right now is trickle down economics amplified times 10. The notion that by bailing these companies out is going to solve the problem is ludacris. When dozens of millions of people are flat broke and their credit rating is cooked and their cards are maxed out and they cant refinance thier home to come up with some money, how the %$%$%$%$ are the large companies that have been bailed out supposed to sell anything????

Lets take the trillions of dollars dedicated to a bail out and divide it up amongst every citizen and put it on a prepaid visa card and say 'spend it in 30 days, or your going to loose it'.. That is an economic bailout...The thing is this.. if we do that, its looked at as socialism.

I say let GM fail, OR give huge stipulations that any balout money has to go to the development of alternative energy vehicles.. THIS is the time to do it. But to bail them out so they can make more gas hog SUV's is insane.

[BigFish]

Scott I agree 100%! Whats good for the goose isn't good for the gander!! Small business gets in trouble....hey thats the way the cookie crumbles...nothing in it for the big government folks but a big corporation goes belly up....well the big payoffs to governments reps and palm greasing might come to an end so lets save their ass!!! This is such bull%$%$%$%$!!!! I was not for the bank bailout and I sure as Sheboygan am not for bailing out the friggin' automakers!!! What next....Exxon doesn't show a profit so we have to bail their ass out too???!!! Who is bailing our asses out???? Can anyone tell me that??!!!!

[BigFish]

I love how they say "The Taxpayers" own X amount of % of the loan institutions we just bailed out and that we stand to make money!!!! How the "F" are we gonna make money??? Where are we gonna benefit from this financially!!!!!???? Its just the rich getting richer and the poor getting poorer and if any of you think we should keep bailing these companies out man are you stupid!!!

If we bail out the car makers might we see a better deal on cars because "WE" (ya right) own a % of them because we bailed them out???!!! Can we go to a swanky resort in Arizona too???!!!

[striperman36]

Originally Posted by BigFish

I love how they say "The Taxpayers" own X amount of % of the loan institutions we just bailed out and that we stand to make money!!!! How the "F" are we gonna make money??? Where are we gonna benefit from this financially!!!!!???? Its just the rich getting richer and the poor getting poorer and if any of you think we should keep bailing these companies out man are you stupid!!!

If we bail out the car makers might we see a better deal on cars because "WE" (ya right) own a % of them because we bailed them out???!!! Can we go to a swanky resort in Arizona too???!!!

You could the Friends and Family discount from GM

[BigFish]

You ain't kiddin' Striperman....this is getting pretty bad and its about to get worse!!! Where will this end and when will we see that 70 BILLION DOLLARS again???? If ever!!

[striperman36]

Oops, I already get the Friends and Family.
Just got a new mule on the horse farm.
38 pct off of invoice, 0 pct for 6 years, fully loaded Suburban.
25K cost.

[justplugit]

Originally Posted by BigFish

Where will this end and when will we see that 70 BILLION DOLLARS again???? If ever!!

We will never see it again.

Jeez ,i still haven't read what the criteria is as to what institutions will get it, why, how much, and what they must be do with it.

Anybody know?

[justplugit]

Originally Posted by justplugit

70 Billion Bailout---


Jeez ,i still haven't read what the criteria is as to what institutions will get it, why, how much, and what they must be do with it.

Anybody know?

So nobody knows.

[Raven]

Originally Posted by justplugit

We will never see it again.

Jeez ,i still haven't read what the criteria is as to what institutions will get it, why, how much, and what they must be do with it.

Anybody know?

==============================
there's to much bait and switch going on....these days...

a law gets passed then it gets transformed again
( California gay marriage is a perfect example )

everything seems to have flip flop built right into it

all of W's work is going to be reversed by Obama
which is probably a great idea, but it's difficult to make progress
if there's no consistency in anything.