How to spend $350 billion in 77 days

Full story: CNN

President Bush has grudgingly allowed General Motors and Chrysler to drive away with the last few billion bucks in Treasury's TARP till, which boasted $350 billion a mere 77 days ago.
Comments
1 - 8 of 8 Comments Last updated Apr 4, 2014

Since: Aug 08

Fredericksburg,Va.

|
Report Abuse
|
Judge it!
|
#1
Dec 19, 2008
 
I am NOT a big George Bush Jr. fan but I gotta tell you one thing.

He stepped forward when everyone in his party was screaming to let the Anmerican Auto companies die and gave them some help.

THREE MILLION AMERICANS jobs lie in the balance.

George Bush Jr. DID SOMETHING TO HELP.

We can all argue about alot of things but George Bush Jr, DID NOT let the American Auto companies fail on his watch.

Yea,I'm still not a great George Bush Jr. fan but for this help- George Bush Jr,-for standing up to all the brilliant,white collar people just screaming at him to let the American Auto companies die-to let millions of blue collar working Americans wonder if they will have jobs at all next year-for standing up and helping us working Joe's out.

Hey,President Bush-I just wanted to say-THANK YOU.

We will get through this and we will never forget that George Bush DID SOMETHING to at least help when help was needed and alot of people talking to the President said don't do it.

Since: Dec 08

Southbury, CT

|
Report Abuse
|
Judge it!
|
#2
Dec 19, 2008
 
The auto industry bailout plan was unveiled today by President Bush. Outside of the box thinking surely has been needed to help find a solution. After all, the trickle down effect impacts other industries and ultimately more hardworking people. I'm at a distance from the heart of things in Detroit, but frankly, the situation still affects my family because some of my relatives work for companies that supply parts to the auto industry. I wonder what solution we may have uncovered if our thinking went beyond the box. Say, all the way to the moon. A fantasy? Perhaps!

“It's 420 here.”

Since: Jun 07

cold comfort farm

|
Report Abuse
|
Judge it!
|
#3
Dec 19, 2008
 

Judged:

2

2

1

In his next life Bushie can be a spokesman for Mastercard.

Priceless!!!!!....but at your expense.
hpinnc

Nashville, NC

|
Report Abuse
|
Judge it!
|
#4
Dec 19, 2008
 

Judged:

2

1

1

hammatime wrote:
I am NOT a big George Bush Jr. fan but I gotta tell you one thing.
He stepped forward when everyone in his party was screaming to let the Anmerican Auto companies die and gave them some help.
THREE MILLION AMERICANS jobs lie in the balance.
George Bush Jr. DID SOMETHING TO HELP.
We can all argue about alot of things but George Bush Jr, DID NOT let the American Auto companies fail on his watch.
Yea,I'm still not a great George Bush Jr. fan but for this help- George Bush Jr,-for standing up to all the brilliant,white collar people just screaming at him to let the American Auto companies die-to let millions of blue collar working Americans wonder if they will have jobs at all next year-for standing up and helping us working Joe's out.
Hey,President Bush-I just wanted to say-THANK YOU.
We will get through this and we will never forget that George Bush DID SOMETHING to at least help when help was needed and alot of people talking to the President said don't do it.
"hammatimew" You must have connections to the auto companies.I am not opposed to them,I am opposed to the people in these unions who thinks the auto companies can pay the kind of wages you idiots are getting along with all the other perks & benifits you get,[amts.to $74hr.]& still remain competative with Honda & Toyota.You folks needs to face reality.No company can pay this kind of wages & benifits and stay in bussiness.Back in 1964 my uncle was working for Bethelehem Steel.He was a welder & a union man inside & out.He was making over $17. an hr.which was darn good money back then,he retired with great benifits for the rest of his life,but look what happened to the steel companies.I'm not saying we shouldn't have unions,yes they have done great things for our workers,but it's time for these union bosses to step forward & re-negotiate & do whatever is practicle to keep these companies up & producing cars.We have given away all of our technology,& now we are not the only ones who can produce a great auto that gets good gas milage & also gives good service & 200 to 300,000 miles.The heads of these companies are going to have to re-structure & produce cars that will compete on the market.If not they will go the way of Studebaker,Hudson,Packard & many other companies.I personally,don't think the President really has helped them.I think unless there are some drastic changes made,they will keep coming back to keep being propped up by the gov.Lot of people are blaming the republican senators for not supporting this,but I support them.I think they can see that there are things the companies need to do for themselves,some changes that they need to make,before the gov.gets involved in the auto bussiness.
madmilker

United States

|
Report Abuse
|
Judge it!
|
#5
Dec 20, 2008
 
With America being over $53 trillion in debt...tats chicken feed.
People in America need to realize jus what got America in this shape..."cheap" yes so-call cheap items from a foreign land.

quote*Wal-Mart firmly believes in local procurement. We recognize that by purchasing quality products, we can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally. We have established partnerships with nearly 20,000 suppliers in China.*end quote!

Now! if there be 182 country's making items for the world to buy and they have only 5% of the pie in China...duh! This company makes the nice people of China support their currency(yuan) by keeping it in their country working for the people there.... but with the "yuan" going up in value and the US dollar going down...all the foreign items that the American consumer buys thinking it is cheap has went up in price.

People...its all about the currency and to keep a currency strong you got to keep it floating around the country you live in so it can work for you. For the past 12 years all them US dollars are being shipped overseas to a foreign bank and with the American worker not making anything for the foreigner to buy the "we the people" have to turn to the "second" largest employer in America(Uncle Sam) to sell "we the people" debt in order to get all them dollars back!

50 years ago a foreigner would had given their left nut for a US dollar or a Hershey's chocolate bar and today the same foreigner has got Uncle Sam and the American consumer by both all the while Hershey is moving the chocolate factory to Mexico. Wake up! America and think "MADE IN AMERICA."

Since: Aug 08

Fredericksburg,Va.

|
Report Abuse
|
Judge it!
|
#6
Dec 20, 2008
 
madmilker,I could not have said it better.

American companies cannot compete with foreign companies that have only an allegence to the profit line and none to their people.

All of those people that scream about how much American workers are getting paid should understand that if they live in America,THEY ARE AMERICAN WORKERS.

The $75 an hour rate qouted frequently for American auto workers is a figure derived from alot of different expense sources within and out of the auto companies.

Some that have nothing to do with the American Union worker.

Yet,this figure gets assigned verbatim to the Union auto worker and the mass media which is owned by people that positively HATE ALL UNIONS reprints it like its gospel.

The Steel companies GOT KILLED because foreign steel makers were ALLOWED by the U.S. Government to DUMP cheap steel at cost on the U.S. market.

Why would the U.S. government do this?

Because steel consuming companies saw a way to get stupidly cheap steel and destroy an American union in the process.

And these companies had powerful lobbiests in D.C. that made sure that came to pass.

It is no secret right now that in Washington D.C. the best American lobbying firms are being paid HUNDREDS of millions of dollars by Foreign industries and governments to insure that the American Congress and White House form and pass laws that directly benefit them.

It is EASY MONEY well spent to these foreign companies and governments.

But as mad milker said-if Americans decided en mass to again start buying American products that were made in American factories by American workers-there would never would have been a need to loan the U.S. Auto Industry ANY MONEY.

When my present cars wear out-I will definitely be buying either a GM,Ford or Chrysler product.

It has become very clear to me that only your money and how you spend it matters in this world.

And my monery is about to start speaking very loudly for American jobs.
Nerty

London, UK

|
Report Abuse
|
Judge it!
|
#7
Mar 26, 2014
 
This is the first time I had ever applied for a loan. I couldn't have asked for anything more from the staff that answered any of my questions to the application process. Once this had all been completed the money was transferred quickly into my account. I will definitely be recommending 911PDAY .COM ( http://goo.gl/44kQUQ ) too my friends and family.
black satin_uuuuu --

Satellite Provider

|
Report Abuse
|
Judge it!
|
#9
Apr 4, 2014
 
How to lose Billions!
Why dont you ask deposed,
undead and exceptionally beautiful Black Sea Princess Lavina?

Tell me when this thread is updated: (Registration is not required)

Add to my Tracker Send me an email

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

•••
Enter and win $5000
•••