Government Motors.....81 Billion Tax ...

Government Motors.....81 Billion Tax Dollars

Posted in the Weird Forum

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#1 Dec 19, 2012
The plan the U.S. announced today to sell its remaining 500 million shares of General Motors virtually guarantees a substantial taxpayer loss on the $49.5 billion bailout.

IMO:
The people lost the money when "WE" gave it in taxes to the government not when the government gave it to General Motors
to make it Government Motors.
They took our tax dollars and spent them on something they shouldn't have-does that sound familiar?
And who's going to pay for their 16+ Trillion debt?
Why and how can "WE" let this continue, are "WE" not our government anymore? Have "WE" turned it over to a bunch of idiots that can't pour piss out of a boot with the directions on the side?
Don't answer that because it makes you one of the idiots!

"REVOLUTION!"
||| a fundamental change in political organization; especially: the overthrow or renunciation of one government or ruler and the substitution of another by the governed |||

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#2 Dec 19, 2012
The global problems with the GM boondoggle

The Obama administration's role in the General Motors bankruptcy can be criticized on any number of grounds. Free marketeers like Ralph Nader have argued that it represents an inappropriate exercise of executive branch power without appropriate legislative backing. Richard Posner, a supporter of emergency funds for GM and Chrysler in December, has argued that the government has gone too far and should now have no role in owning and operating a major industrial firm. The Wall Street Journal opines that the disproportionate rewards granted to the United Auto Workers reek of political favoritism.

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#3 Dec 19, 2012
Is Obama still catering to UAW by selling GM shares now? Who do you suppose the buyers will be since the auto manufacturer is making money again?
GM is purchasing 200 million of them - who is that?

“"*" Always Thinking "*"”

Level 8

Since: Nov 12

Greensburg, IN

#4 Dec 19, 2012
Dear citizens,
....Please realize we have lost this country to a govenment that no longer represents us in any way, shape, or fashion.
....Also realize that what we've seen in the last 20 years is but a small example of what we will see in the next 4 years.
....Buckle down and get ready for the ride, the fiscal cliff is nothing compared to what's coming.

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