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Author: [Politics] Topic: General Motors Is Headed For Bankruptcy -- Again
lordspoint send a private message View Space | Friends | Playbook |
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#51
Posted: 8/18/2012 12:46:05 AM
Ha ha
So what if he is bashing democrats.
People bash both parties in this forum everyday. Sorry I am on vacation and might have missed the memo regarding the rules around here.
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#52
Posted: 8/18/2012 12:47:43 AM
Wall
You specifically call the guy out for posting a topic that has clear political merit. I suggest you stick to the topic of the post and not the intentions of the poster. Put the badge away-the guy is doing nothing wrong and shouldn't be getting harassed by you.
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#53
Posted: 8/18/2012 12:49:25 AM
Oh and here is some news on the state of GM.
http://patriotpost.us/opinion/14451
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#54
Posted: 8/18/2012 12:52:21 AM
And even those numbers are somewhat misleading. In June, while the media was busy touting GM's "success," government purchases of GM vehicles rose a staggering 79 percent. And no doubt by sheer coincidence the purchase occurred only weeks before GM was to announce its 2nd Quarter earnings. GM also got an additional $2.7 billion from the Department of Energy (DOE) to reduce energy consumption in its door-making process. Still more? In a move reminiscent of that which precipitated the housing meltdown, GM has ramped up its uses of risky sub-prime loans to drive vehicle purchases. "The subprime market grew as a result of the recession," said GM spokesman Jim Cain. "Our experience, however, is that with proper management they are very good risks." That's what Democrats like Barney Frank (D-MA) said about the housing market -- just before it tanked and took the rest of the economy with it.
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#55
Posted: 8/18/2012 12:54:21 AM
QUOTE Originally Posted by lordspoint:

Wall
You specifically call the guy out for posting a topic that has clear political merit. I suggest you stick to the topic of the post and not the intentions of the poster. Put the badge away-the guy is doing nothing wrong and shouldn't be getting harassed by you.

If he is intentionally bashing democrats (erroneously) then it is political. If he is genuinely concerned about GM and its operations it absolutely has nothing to do with politics.

I wanted him to admit the obvious, the thread was just another inaccurate bash attempt at Democrats..

So which part of that is me bashing him again?

Please follow up with your earlier post, or feel free to retract it and apologize.

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#56
Posted: 8/18/2012 12:54:30 AM
The Feds can't balance or pass a budget but they can run a car company?
Both parties are to blame and when the money dries up GM will indeed seek chapter 11
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#57
Posted: 8/18/2012 12:58:27 AM
I am merely pointing out your repeated pattern of calling out "righties" but always giving the lefties who post and bash righties a free pass.
If that strikes a nerve with you alls I can say is sometimes the truth hurts.
No apology from me on my statements made earlier.
However if you would like to apologize to the person who started this thread for going out of your way to ruin his/her experience here I won't stop you.
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#58
Posted: 8/18/2012 1:01:00 AM
And read the news on GM.
How much of it does the fed own?
Due to that mere fact it is indeed a political news story regardless of the intent if the poster.
Seriously man, lighten up.
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#59
Posted: 8/18/2012 1:03:04 AM
The numbers are stark. The 500,000 shares of GM stock, comprising 26 percent of the company owned by the government -- or more accurately the American taxpayer -- sold for $20.21 on Tuesday. This left the government holding $10.1 billion worth of stock representing an unrealized loss of $16.4 billion. Even worse, in order to reach the break-even point, the stock would have to sell for around $53 per share.

Just some facts to support the claim that any news GM related is indeed political in nature.
Thank you.
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#60
Posted: 8/18/2012 1:05:57 AM
QUOTE Originally Posted by lordspoint:

And read the news on GM.
How much of it does the fed own?
Due to that mere fact it is indeed a political news story regardless of the intent if the poster.
Seriously man, lighten up.

One more time..either retract the comment or back it up.

Where was I bashing him? You threw the punch now follow up or retract it.

GM is not near BK, the thread was either a inaccurate hit on democrats or it did not belong in the political forum.

The fact of the government owning a chunk of GM is true, if the thread was meant as a political poke at one party then it is political..blaming democrats for the use of government funds is erroneous.

I am still waiting on your proof of my bashing. Telling me to lighten up is not going to clear your post..either bring proof or retract what you said.

Where was I bashing him..where was I leading the group in bashing this innocent member?
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#61
Posted: 8/18/2012 1:21:11 AM
Ok, I'll play along. Show me where you have called out a lefty and I will retract and apologize.
Not looking to pick a fight with you just as you shouldn't be looking to pick a fight with the original poster.
Right now I have multiple skunks (the animal kind) roaming through the yard down here at the shore. Little person are friggin ballsy!!
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#62
Posted: 8/18/2012 1:28:00 AM
And for the record I don't believe I ever said you were bashing.
You're fired up tonight my man!

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#63
Posted: 8/18/2012 1:47:09 AM
Also for the record I support saving the jobs of Americans. And it was indeed Bush who started the bailout with a short term bridge and then It was passed onto Obama (bc he won the election) to take the reigns and see it through.
In the end I think it was wise to save the industry but I can't say that it was handled correctly. Way to much reliance on products like the Volt didn't help along with many other factors bring us where we are today.
It's not good news, it's sad news.
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#64
Posted: 8/18/2012 5:09:38 AM
QUOTE Originally Posted by 14daroad:

you are a great American, rooting for businesses to fail and for more jobs to be shipped overseas

GM has already failed.

Conservatives said the bailout was the wrong policy.



Which Conservatives? The Member of the United States House of Representatives from Wisconsins 1st District? Or was it the Conservatives that voted for TARP in December 2009 (before Obama took office), which included $13 billion for GM?

Please, let us know which Conservatives are you talking about
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#65
Posted: 8/18/2012 8:13:48 AM
Both Democrats and Republicans are guilty of subsidizing businesses.  Corporate welfare preserves jobs or tax revenue and prolong survival of companies.  Even if a company is doomed to fail, gradual transition is less painful than a quick crash landing.  However governments are no wiser than us in picking winners or losers.
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#66
Posted: 8/18/2012 8:40:33 AM
I wanted him to admit the obvious, the thread was just another inaccurate bash attempt at Democrats..



Except for the fact that there is nothing, anywhere at all, "inaccurate"

See, TARP is a Democratic program. It was written by Democrats and implemented by Obama.

Further, GM was bailed out by the White House and Obama selected Secretary of the Treasury.

So that word "inaccurate" doesn't mean what you think it means.
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#67
Posted: 8/18/2012 8:41:23 AM
was it the Conservatives that voted for TARP in December 2009 (before Obama took office), which included $13 billion for GM?



Why don't you source that claim for us.


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#68
Posted: 8/18/2012 8:47:08 AM
QUOTE Originally Posted by wallstreetcappers:


Define yourself then instead of deflecting..

What are you saying precisely?


Except I'm not "deflecting" anything. That was a nice bit of projection by you.

See, I'm not the one here responding to facts by hollowly saying "both parties do it"

You are. Mainly because you can't really criticize Obama or Democrats.

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#69
Posted: 8/18/2012 9:27:14 AM
I guess you did not see post 31 or the numerous other threads and posts where the OP has done exactly what you are claiming is being done here. 14 is a big boy, he positively knows how to dish it out and does not need your sympathy bash posts of moderators..


Wallstreet, 
the leftist posters here get different treatment from you. Examples are CD & stilin.

CD regularly comes into every thread I make and does not speak to the topic, but rather adds the always informative "you have no life" ( or even better "Posts like this really make you look like a jackass") and then procedes to drop F bombs.

You pretending that I do that is pretty ridiculous.

I don't really care if people bash me, but your selective enforcement of the rules with the justification that I somehow do what CD does is pretty galling. 



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#70
Posted: 8/18/2012 2:28:13 PM
14,

Both of the above have been boxed for the same stuff you have, I guess since you didnt see it then the event didnt happen right?
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#71
Posted: 8/18/2012 2:53:35 PM
Wallstreet,

CD made those posts in my threads last night.

Is he in the penalty box?

I'm not saying that they have never been put in the penalty box for name calling. I'm saying they get to do it more often, all the time really.

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#72
Posted: 8/18/2012 3:27:55 PM
QUOTE Originally Posted by 14daroad:

was it the Conservatives that voted for TARP in December 2009 (before Obama took office), which included $13 billion for GM?



Why don't you source that claim for us.




so the original tarp program never happened? It never included in its program money for Gm and Chrysler? It was never passed under a Republican President?
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#73
Posted: 8/22/2012 5:33:32 PM
QUOTE Originally Posted by cd329:

Why do right wingers have so much hate for regular folks, while not being able to remove their lips from the fools of the rich fat cats


beats the hell outta me

probably just really wanting to join an ultra exclusive country club
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#74
Posted: 8/22/2012 6:23:33 PM
QUOTE Originally Posted by Hirschfelder:



so the original tarp program never happened? It never included in its program money for Gm and Chrysler? It was never passed under a Republican President?

Um, TARP wasn't passed in 2009. (GM was placed into bankruptcy on June 1, 2009 and the company was supplied with an additional $30.1 Billion dollars)

Um, you pretending that because it was "passed under a Republican President" it is somehow both party's fault the GM bailout failed, is silly.

Finally, TARP didn't include bailout money for GM & Chrysler.

So you can stop now.

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#75
Posted: 8/22/2012 7:28:17 PM

Originally posted by wallstreetcappers:

14,


Both of the above have been boxed for the same stuff you have, I guess since you didnt see it then the event didnt happen right?
--------------------------------------------------------------
You only box them 1/5 of the occurances that are warrented. While you box conservatives 1/3 of the time.
 
Face it wall....calling balls and strikes evenly is not one of your stronger points.
 
Example 1 post # 12 & 15
 
Example 2 post # 21
 
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