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Old Sep 16, 2010, 03:34 PM
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Didn't GM say they had paid back the bailout money

http://news.yahoo.com/s/nm/20100916/bs_nm/us_gm
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Old Sep 16, 2010, 04:11 PM
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Originally Posted by Marvinwc View Post
Marv,

I no longer believe ANYTHING I see on CBS/NBC/ABC/MSNBC/HLN/FOX/CNN/BET.

I believe what I see on Cartoon Network/History Channel/National Geographic/LMN/and the Travel Channel!

Oh and ESPN1/2/ESPN Espaniol

Jonathan
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Old Sep 16, 2010, 04:44 PM
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The GM BOND holders that were SCREWED by Mr. Obama will NEVER be paid back.
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Old Sep 16, 2010, 05:14 PM
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Originally Posted by BE77 Pilot View Post
The GM BOND holders that were SCREWED by Mr. Obama will NEVER be paid back.
Wait, weren't the people holding the bonds the American Public via the Government gurantee?

Jonathan
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Old Sep 16, 2010, 05:22 PM
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Wait, weren't the people holding the bonds the American Public via the Government gurantee?

Jonathan
The bond holders got five cents on the dollar while the government and the UAW made out!

http://prairiepundit.blogspot.com/20...d-holders.html
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Old Sep 16, 2010, 05:25 PM
Targeted and... FIRING !
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United States, MI, Eastpointe
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Originally Posted by BE77 Pilot View Post
The bond holders got five cents on the dollar while the government and the UAW made out!

http://prairiepundit.blogspot.com/20...d-holders.html
Hmmm... I bet that has nothing whatsoever to do with those evil greedy rich bastards just sitting on their money and not creating more jobs with it !
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Old Sep 16, 2010, 09:24 PM
Reduce the drama...
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USA, OR, Damascus
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http://www.foxnews.com/politics/2010...bailout-money/

http://reason.com/archives/2010/04/2...ailout-payback
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Old Sep 16, 2010, 11:47 PM
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I've always liked this one.

Spoof GM Commercial Claims They Repaid Loan (1 min 4 sec)
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Old Sep 17, 2010, 03:19 PM
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My understanding is that we will eventually get all the big bucks bailout money back, with interest at a good rate. It is going to turn out so well that it will generate new and productive government thinking far into the future.
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Old Sep 17, 2010, 03:23 PM
It's 5 O'clock Somewhere
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Dayton, OH
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Originally Posted by Jim Thomerson View Post
My understanding is that we will eventually get all the big bucks bailout money back, with interest at a good rate. It is going to turn out so well that it will generate new and productive government thinking far into the future.
That is some pie in the sky wishful thinking. There is no chance of us getting back all of our money. It's not even in the realm of possibility.
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Old Nov 16, 2011, 01:32 PM
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Todays Update

"The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline.

In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous estimate of $14.33 billion. "



http://www.detnews.com/article/20111114/AUTO01/111140434/1361/U.S.-boosts-estimate-of-auto-bailout-losses-to-$23.6B
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Old Nov 16, 2011, 02:50 PM
Холодная война все еще здесь.
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Gone bowling.
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Last edited by RCWorks; Nov 20, 2011 at 06:12 PM.
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Old Nov 16, 2011, 03:15 PM
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Wasaga Beach, Ontario
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If it were not for the UAW GM would most likely be ok.
Not most likely -absolutely would. I don't know the exact numbers but pre-chapter 11 something like 40% of GM's operating costs were legacy union costs.

Not saying they didn't deserve it... whatever idiot on GM side agreed to some of those terms should have their MBA/MBB/MP3/Whatever revoked.
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Old Nov 16, 2011, 03:34 PM
Alarm Bells Continuing!
Big Foot 48's Avatar
Arizona
Joined Oct 2001
276 Posts
$23.6 billion - how much is that per union employee saved or created?
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Old Nov 16, 2011, 03:38 PM
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What Mr. Obama did for the UAW and GM and did TO the GM bond holders and American tax payers is representative of his entire presidency. Classic Chicago Way thug tactics. Makes me sick.
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