Obama DENIES bailout funds for GM and Chrysler

[neurosport]

Nobody wants to see GM or Chrysler fail

i do !

i want ALL automakers to fail except BMW, Porsche and Nissan

that'd be enough for me.

 

[editec]

The fundamentals that I think are truly screwing us are obvious.

We exported our jobs and thus must import everything else.

As a consequence of that policy, Americans do not have decent jobs and salaries have been declining for 40 YEARS!.

Therefore we cannot pay taxes.

So the American people are borrowing to live, and our governments are borrowing to keep going too.

The solution is obvious to anyone who isn''t a born again fundamentalist neo-con.

Its the solution that the Floundering Fathers imposed on the nation for 150 years.

Protectionist tariffs which encourage production in the USA.

 

[Kevin_Kennedy]

Protectionist tariffs which encourage production in the USA.

They also encourage lower quality products at higher prices.

Oh, and trade wars. Let's not forget that.

 

[neurosport]

The fundamentals that I think are truly screwing us are obvious.

We exported our jobs and thus must import everything else.

As a consequence of that policy, Americans do not have decent jobs and salaries have been declining for 40 YEARS!.

Therefore we cannot pay taxes.

So the American people are borrowing to live, and our governments are borrowing to keep going too.

The solution is obvious to anyone who isn''t a born again fundamentalist neo-con.

Its the solution that the Floundering Fathers imposed on the nation for 150 years.

Protectionist tariffs which encourage production in the USA.

BS ...

did you read the articles i suggested yet ?

Article Page

 

[editec]

The fundamentals that I think are truly screwing us are obvious.

We exported our jobs and thus must import everything else.

As a consequence of that policy, Americans do not have decent jobs and salaries have been declining for 40 YEARS!.

Therefore we cannot pay taxes.

So the American people are borrowing to live, and our governments are borrowing to keep going too.

The solution is obvious to anyone who isn''t a born again fundamentalist neo-con.

Its the solution that the Floundering Fathers imposed on the nation for 150 years.

Protectionist tariffs which encourage production in the USA.

BS ...

did you read the articles i suggested yet ?

Article Page

No I didn't.

Is there anything new to read or are they more neo-con Austian school fantasy? I've read tons of that.

Have you read the historical perspective documenting our trade imbalance?

 

[Zoom-boing]

Glad to read this. What happens if GM and Cryslar do come back with plans that work? Does uncle give them more money? Or is that highly unlikely and bankruptcy the option?

 

[Kevin_Kennedy]

The fundamentals that I think are truly screwing us are obvious.

We exported our jobs and thus must import everything else.

As a consequence of that policy, Americans do not have decent jobs and salaries have been declining for 40 YEARS!.

Therefore we cannot pay taxes.

So the American people are borrowing to live, and our governments are borrowing to keep going too.

The solution is obvious to anyone who isn''t a born again fundamentalist neo-con.

Its the solution that the Floundering Fathers imposed on the nation for 150 years.

Protectionist tariffs which encourage production in the USA.

BS ...

did you read the articles i suggested yet ?

Article Page

No I didn't.

Is there anything new to read or are they more neo-con Austian school fantasy? I've read tons of that.

Have you read the historical perspective documenting our trade imbalance?

Neo-con Austrian school... Quite the oxymoron there ed.

 

[DavidS]

Nobody wants to see GM or Chrysler fail

i do !

i want ALL automakers to fail except BMW, Porsche and Nissan

that'd be enough for me.

Idiot. No one wants to see Ford fail. Their quality has been improving in a lot of their cars and SUVs (except the Escape) and they don't need a dime from the government.

 

[elvis]

GM down 90 cents to 2.70.

 

[thanatos144]

I hope you all are not falling for this. Chances are Obama is doing this so the unions can buy GM stock cheap cause Obama will bail out the UAW. Someone is getting rich off this lie and it wont be us,

 

[wimpy77]

Glad to read this. What happens if GM and Cryslar do come back with plans that work? Does uncle give them more money? Or is that highly unlikely and bankruptcy the option?

basically its all in the hands of the bondholders if they taker the harcut that government wants them to take, then will continue to give them money, if not then yes i think bankruptcy will happen.

 

[neurosport]

Nobody wants to see GM or Chrysler fail

i do !

i want ALL automakers to fail except BMW, Porsche and Nissan

that'd be enough for me.

Idiot. No one wants to see Ford fail. Their quality has been improving in a lot of their cars and SUVs (except the Escape) and they don't need a dime from the government.

The only car Ford makes that i would drive is.

one good car is not enough for a company as big as Ford.

when it comes to BMW, Nissan and Porsche almost all the cars they make are good.

that's a big difference ...

 

[WillowTree]

Glad to read this. What happens if GM and Cryslar do come back with plans that work? Does uncle give them more money? Or is that highly unlikely and bankruptcy the option?

Yes! he said very clearly he "would not let them fail."

 

[WillowTree]

I hope you all are not falling for this. Chances are Obama is doing this so the unions can buy GM stock cheap cause Obama will bail out the UAW. Someone is getting rich off this lie and it wont be us,

You are right. I don't trust him. Remember in his part of the world corruption is as ordinary as breathing.

 

[neurosport]

Is there anything new to read or are they more neo-con Austian school fantasy? I've read tons of that.

Have you read the historical perspective documenting our trade imbalance?

Neo-con Austrian school... Quite the oxymoron there ed.

Neo-Con ideology:

* zionizm
* warmongering
* fascism

Austrian ideology:

* libertarianism
* noninterventionism
* capitalism

i hope editec you can SPOT THE DIFFERENCE there

articles at the link i gave specifically relate Austrian theory to current economic crisis but IMHO present a much more logical explanation than does Peter Schiff or others.

i don't know what you read as far as Austrian theory but from your bashing of free trade it appears that you don't understand it.

free market is an all or nothing proposition. either it is left completely free and regulates itself ( Austrian Capitalism ) or you begin screwing with it and then you set yourself on a path towards Fascism, Socialism, Communism or anything but capitalism.

now you're trying to pin the blame for the intervention by the FED on the free market itself.

to me this indicates that you need to do more reading on the Austrian theory specifically the articles at the link i provided are very good IMHO.

 

[belboz]

Totally un-American if that happens...

 

[DiveCon]

Is there anything new to read or are they more neo-con Austian school fantasy? I've read tons of that.

Have you read the historical perspective documenting our trade imbalance?

Neo-con Austrian school... Quite the oxymoron there ed.

Neo-Con ideology:

* zionizm
* warmongering
* fascism

Austrian ideology:

* libertarianism
* noninterventionism
* capitalism

i hope editec you can SPOT THE DIFFERENCE there

articles at the link i gave specifically relate Austrian theory to current economic crisis but IMHO present a much more logical explanation than does Peter Schiff or others.

i don't know what you read as far as Austrian theory but from your bashing of free trade it appears that you don't understand it.

free market is an all or nothing proposition. either it is left completely free and regulates itself ( Austrian Capitalism ) or you begin screwing with it and then you set yourself on a path towards Fascism, Socialism, Communism or anything but capitalism.

now you're trying to pin the blame for the intervention by the FED on the free market itself.

to me this indicates that you need to do more reading on the Austrian theory specifically the articles at the link i provided are very good IMHO.

editec thinks a neocon is a right wing extremist