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liberals are idiots

Syracuse, NY

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#14256
Oct 30, 2012
 

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Obama sending more jobs to China, the American Jeep will now be the Chinese Jeep.
DenancyeSteak

Schenectady, NY

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#14257
Oct 30, 2012
 

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Teddy R wrote:
<quoted text>
Yep - clear as a bell - right down the Euro-socialist road to a second-rate economy and fiscal ruin.
Right down the road to Greece or Spain.
This is America. You want a Euro-socialist Nanny-state?
Move to one.
You use terms like "socialism" as though you understand what they mean.

The government doesn own, run or control the auto industry...THAT would be socialism. Instead, the government made and "investment" in the future of the American autoworker.

Maybe you should find an easier-to-understand concept to argue about.
liberals are idiots

Syracuse, NY

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#14258
Oct 30, 2012
 

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Wow, Obama made a phone call in 4 years and now he has done something good? LOL

The Americans in Libya called him over 3 times and Obama watched them being killed and did nothing.
DenancyeSteak

Schenectady, NY

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#14259
Oct 30, 2012
 

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Teddy R wrote:
<quoted text>
You're seriously trying to counter the poster's advocacy for self-reliance in making provision for one's lifetime medical needs by trotting out a Democrat Ponzi Scheme (Medicare) as some kind of refutation or counter-argument??
Nanny-state progresive - meet strawman.
I'm saying that the poster IS going to rely on Medicare, and so should not pretend as though he isn't reliant on the system for a "medical care subsidy".

VERY few Americans can afford to provide 100% of their own elder-care, so stop acting like you're self-sufficient.
Teddy R

Houston, TX

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#14260
Oct 30, 2012
 

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DenancyeSteak wrote:
<quoted text>
Obama should not - and did not - bail out "every company". This was an intelligent, calculated risk that paid off by saving thousands of American jobs and the American auto industry as a whole.
This took vision and guts, and it worked.
Nonsense.

Obama's calculated risk with other people's money cost the taxpayer $19 billion lost forever down the drain and into his political friends' pockets.

He didn't "save the auto industry" - he's consigned it to continue circling the drain, lumbered by completely uneconomic and unsustainable UAW labor contracts and pension exposures, and in the dead hand of the same GM Management that's steering them onto the rocks repeatedly.

Guaranteeing GM will fail again, even bigger, and have its hand out for more US Taxpayer bailouts when they do.

Bad policy.
liberal

Cohoes, NY

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#14261
Oct 30, 2012
 

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Aga wrote:
Vote for Jobs! Vote for a GREAT MAN MITT RAMNEY!!!
You cant even spell willards name. Repug voters wouldnt know a great man if he bite you on the ass.
DenancyeSteak

Schenectady, NY

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#14262
Oct 30, 2012
 

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The average single male pays about $345,000 into social security/medicare during his lifetime.

With an average life expectancy of 78 years, and retirement age of 65, the average person will draw benefits for about 13 years. That means that your pay-in to the system is about $27,000 per year for the last 13 years of your life; and that has to cover both your social security AND medicare.

Considering the staggering costs of medical care, is there anyone out there who feels that they aren't "taking from the system" when they're on Medicare?
Teddy R

Houston, TX

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#14263
Oct 30, 2012
 

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DenancyeSteak wrote:
You wrote that "the people that owned GM stock...lost their value of that stock and got ripped off by Obama when the Govt bought up the stock."
Wait a minute...did I just read a post by a republican who is decrying the free-market and market-risk? Wow, note the date and time!
See, this is what makes me laugh...you dye-in-the-wool capitalists want everything to be about risk and the free-market...until things go badly for you, then you run crying to the government to make things right.
GM was bankrupt and waving goodbye at the pier; those investors were going to lose their money either way...Obama saved the company and thousands of jobs.
Wrong.

GM's creditors had rights under our bankruptcy laws - that's why we have bankruptcy laws.

Obama subverted the bankruptcy statutes with Taxpayers' money, jumping his political croneys - UAW Bosses - ahead of other creditors with superior rights.
DenancyeSteak

Schenectady, NY

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#14264
Oct 30, 2012
 

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Teddy R wrote:
<quoted text>
Nonsense.
Obama's calculated risk with other people's money cost the taxpayer $19 billion lost forever down the drain and into his political friends' pockets.
He didn't "save the auto industry" - he's consigned it to continue circling the drain, lumbered by completely uneconomic and unsustainable UAW labor contracts and pension exposures, and in the dead hand of the same GM Management that's steering them onto the rocks repeatedly.
Guaranteeing GM will fail again, even bigger, and have its hand out for more US Taxpayer bailouts when they do.
Bad policy.
The Center for Automotive Research has estimated that more than a million jobs were saved by the U.S. auto industry bailout.

General Motors earned $7.6 billion on $150.3 billion in sales in 2011, just two years after taxpayers bailed it out. Moreover, its once-weak compatriots in the U.S. auto sector—Ford Motor (F) and Chrysler Group—reported profits for the year, as well. That’s the first time the Big Three, as old-timers fondly call them, have all been profitable since 2004.

Maybe you're thinking of another auto-industy.
DenancyeSteak

Schenectady, NY

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#14265
Oct 30, 2012
 

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Teddy R wrote:
<quoted text>
Nonsense.
Obama's calculated risk with other people's money cost the taxpayer $19 billion lost forever down the drain and into his political friends' pockets.
He didn't "save the auto industry" - he's consigned it to continue circling the drain, lumbered by completely uneconomic and unsustainable UAW labor contracts and pension exposures, and in the dead hand of the same GM Management that's steering them onto the rocks repeatedly.
Guaranteeing GM will fail again, even bigger, and have its hand out for more US Taxpayer bailouts when they do.
Bad policy.
Both GM and Chrysler have paid back the bailout money in full and with interest.

You were saying?
DenancyeSteak

Schenectady, NY

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#14266
Oct 30, 2012
 

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Mitt Romney:'We're Not Going to Let Our Campaign Be Dictated by Fact-Checkers'
Help us

Syracuse, NY

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#14267
Oct 30, 2012
 

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Over and over and over they cried for help. Thru rape and torture they called and prayed for help, during this time Obama dined and watched Americans be murdered.
Teddy R

Houston, TX

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#14268
Oct 30, 2012
 

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DenancyeSteak wrote:
<quoted text>
You use terms like "socialism" as though you understand what they mean.
The government doesn own, run or control the auto industry...THAT would be socialism. Instead, the government made and "investment" in the future of the American autoworker.
Maybe you should find an easier-to-understand concept to argue about.
You lie poorly.

Fact: The USG OWNS 500 millions shares of GM stock. That makes the USG a PART-OWNER of GM and their means of production.

That's socialism, by any definition.

This was no investment - it was a BAILOUT - of Obama's political cronies, with OTHER PEOPLE'S MONEY.

Maybe you should save your partisan progressive propaganda bullsh!t for a slower league, where you won't look like such a lying fool.
Really

North Hollywood, CA

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#14269
Oct 30, 2012
 

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liberals are idiots wrote:
Obama sending more jobs to China, the American Jeep will now be the Chinese Jeep.
You know thats not true right? Jeep is adding a production plant in china to sell to china...thats not the same thing.
Teddy R

Houston, TX

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#14270
Oct 30, 2012
 

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DenancyeSteak wrote:
<quoted text>
I'm saying that the poster IS going to rely on Medicare, and so should not pretend as though he isn't reliant on the system for a "medical care subsidy".
VERY few Americans can afford to provide 100% of their own elder-care, so stop acting like you're self-sufficient.
You presume too much. But of course, you have to - your strawman depends on it.

Americans who save and live frugally can and do provide for their own elder care - and if Medicare were not there, and they had not had their wealth involuntarily ripped off over their working lifetime to pay for others' Medicare benefits, they'd be paying for 100% of it.

Chanting the Progressive nanny-state mantra does not make it true - or inevitable.
DenancyeSteak

Schenectady, NY

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#14271
Oct 30, 2012
 

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Really wrote:
<quoted text>
You know thats not true right? Jeep is adding a production plant in china to sell to china...thats not the same thing.
Damn...those pesky "facts" are really a pain the arse.
DenancyeSteak

Schenectady, NY

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#14272
Oct 30, 2012
 

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Teddy R wrote:
<quoted text>
You lie poorly.
Fact: The USG OWNS 500 millions shares of GM stock. That makes the USG a PART-OWNER of GM and their means of production.
That's socialism, by any definition.
This was no investment - it was a BAILOUT - of Obama's political cronies, with OTHER PEOPLE'S MONEY.
Maybe you should save your partisan progressive propaganda bullsh!t for a slower league, where you won't look like such a lying fool.
Of course they own shares, that's how the money was transferred to GM!!! Did you think that they just handed the corporation a big check:...LMAO...For an uber-capitalist, you don't know much about business or corporations, do you?

You see, GM wants to buy those shares back, but the Treasury Dept. isn't interesting in selling because at the current price the government would lose money...it's too early.

That's why its an INVESTMENT.
DenancyeSteak

Schenectady, NY

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#14273
Oct 30, 2012
 

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Oh wait, I know what confused you...you think that GM and Chrysler are people...that's what tripped you up.
US Citizen

Gouverneur, NY

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#14274
Oct 30, 2012
 

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Really wrote:
Obama in response to the hurricane states he no longer cares about the election, he is commander in chief first and the safety of our people is more important.
Romney, steeps himself in press meetings causing controversy and lying ads about jeep leaving us which isn't true.
I think we see the real leader of the country....
Get real.... another Obama Lie....You actually believe him, that he doesn't care about the election. Of course he cares. He is putting on a good show, now, especially when at least half of the US citizens, are appalled at his FAILURE to help the Americans in Libya.
If he is commander in chief first, where was he when more security was asked for in Libya? It won't do me any good to give you some fact.. you already have your mind made up to re-elect an inadequate president that failed to carry out his promises, and has spend 4 years blaming Bush, because he (Obama) can't get it right.
Teddy R

Houston, TX

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#14275
Oct 30, 2012
 

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DenancyeSteak wrote:
The average single male pays about $345,000 into social security/medicare during his lifetime.
With an average life expectancy of 78 years, and retirement age of 65, the average person will draw benefits for about 13 years. That means that your pay-in to the system is about $27,000 per year for the last 13 years of your life; and that has to cover both your social security AND medicare.
Considering the staggering costs of medical care, is there anyone out there who feels that they aren't "taking from the system" when they're on Medicare?
Thank you for demonstrating your breath-taking financial ignorance.

That $345K, if not pissed away down the Washington DC rat-hole and instead invested at an average annual rate of return of 7%- very conservatively obtainable over a 40-year working life - is worth $1.6 MILLION on retirement at 67 years of age.

That amount buys a 13-year annuity generating $15,000 EVERY MONTH in payout over those 13 years of expected life in retirement.

THAT's what it REALLY costs people to pay in - and they get far less for their money back from a US federal government that runs out of a coffee-can from year to year.

So due to your financial ignorance, you are excused from further commentary on the subject - as you are clearly unqualified.

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