- Joined
- Aug 7, 2009
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- St Thomas, VI
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My link ????
you posted that my claims were refuted. they were not, and you also posted i ran away. i did not. juvenile posturing on your part to then come back and change the questions.
sorry, not yours. you did say your information was in line with conservative's though, and conservative's information DOES NOT state that all funds have been paid back, because they have not. we are realizing a profit because banks and other entities are paying us interest.
My apology for claiming that you would run away, glad to see you still here now how about responding to my link that shows a profit to the taxpayers and then telling me where the money went since the deficit continues to rise after those repayments?
that's just silly. can YOU tell me where my tax dollars went? spent, of course. i didn't realize there was a separate pool of repaid tarp dollars to be spent for a specific purpose. care to explain how that works?
There shouldn't be a separate pool and that is the point, why hasn't the TARP repayment been used to lower the deficit? Money was spent in 2008 and here were are in 2011, where did the repayment go?
really coservative, how simple can you be? if the tarp dollars are being spent on what we need to spend, they are being used to lower the deficit. silly. what do you think they're doing, stealing it?
The fact remains, Obama has spent over a trillion dollars and we have more unemployed today than when Obama took office and over 2.6 million fewer employed today than in January 2009. That isn't pretty good under any circumstances. The current debt today is 14.3 trillion or up 3.5 trillion in a little over two years and these are the results we get?
They are being used by Obama to support his spending programs and not being used to repay the loans from the taxpayers thus the deficit isn't being reduced and the deficit is worse than it should be.
What the hell just a few billion more in losses.
“Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit?”
This isn't a loan, this was a govt. takeover and buyout. You don't seem to know the difference.
another year and a half to go,hard telling how many American jobs can be saved if Obama has his way.:mrgreen:(“Did your partisan blinders fail to see the three and a half years between the Gov. loan and the payoff and profit?”)
Must we rehash the same tired argument in every thread you come across?
Our national economy lost BILLIONS when the housing bubble burst. Corperate American could NOT pay its way out of ITS debt not only to its shareholders but to investors or the U.S. Treasury (federal loan guarantees). The ONLY entity with the financial clout to bail out the banks (and assist the auto industry) was the U.S. Treasury itself. No matter how many times I or others tell you this or provide you the evidence, you still refuse to believe that Pres. Obama came into office with THE LARGEST DEBT AND DEFICIT OF ANY PRESIDENT IN U.S. HISTORY! But you want to run him out of office on a rail for what? Executing TARP - a program enacted by his predecessor - in a far better fashion than was originally outlined? Trying to get financial support (Stimulus) to the States (which many Governors say they'd have gone bankrupt long ago without) that Conservatives claim are soverign but are still coming to the Treasury with their collective hands out-stretched?
You really should come down out of those anti-Obama/hardline Conservative clouds and try seeing our nation's economic problems for what they really are. Pres. Obama didn't create this mess! It's been long in the making since the Reagan era only many of you on the Right refuse to accept it. Instead, you defend the enourmous defense spending under every Republican President since Reagan only because our Constitution calls for "providing for the common defense" of the nation. Nevermind that both Reagan and both Bushs run up large deficits primarily via defense spending, none of which was paid for! And you claim that Obama is spending money from the Treasury as if it were his own personal printing press. Yet, you ignore THAT'S EXACTLY WHAT REAGAN, GH AND GW BUSH ALL DID!!! They cared nothing about running up deficits, but you want to condemn Obama for doing so to HELP lift this country out of debt, but you won't say a damned thing about the debts THREE REPUBLIC PRESIDENT ran up.
You're a hypocrit - a partisan hack of the highest degree. I have no time to waste on folks who refuse to see reason because they refuse to take off their partisan blinders.
Must we rehash the same tired argument in every thread you come across?
Our national economy lost BILLIONS when the housing bubble burst. Corperate American could NOT pay its way out of ITS debt not only to its shareholders but to investors or the U.S. Treasury (federal loan guarantees). The ONLY entity with the financial clout to bail out the banks (and assist the auto industry) was the U.S. Treasury itself. No matter how many times I or others tell you this or provide you the evidence, you still refuse to believe that Pres. Obama came into office with THE LARGEST DEBT AND DEFICIT OF ANY PRESIDENT IN U.S. HISTORY! But you want to run him out of office on a rail for what? Executing TARP - a program enacted by his predecessor - in a far better fashion than was originally outlined? Trying to get financial support (Stimulus) to the States (which many Governors say they'd have gone bankrupt long ago without) that Conservatives claim are soverign but are still coming to the Treasury with their collective hands out-stretched?
You really should come down out of those anti-Obama/hardline Conservative clouds and try seeing our nation's economic problems for what they really are. Pres. Obama didn't create this mess! It's been long in the making since the Reagan era only many of you on the Right refuse to accept it. Instead, you defend the enourmous defense spending under every Republican President since Reagan only because our Constitution calls for "providing for the common defense" of the nation. Nevermind that both Reagan and both Bushs run up large deficits primarily via defense spending, none of which was paid for! And you claim that Obama is spending money from the Treasury as if it were his own personal printing press. Yet, you ignore THAT'S EXACTLY WHAT REAGAN, GH AND GW BUSH ALL DID!!! They cared nothing about running up deficits, but you want to condemn Obama for doing so to HELP lift this country out of debt, but you won't say a damned thing about the debts THREE REPUBLIC PRESIDENT ran up.
You're a hypocrit - a partisan hack of the highest degree. I have no time to waste on folks who refuse to see reason because they refuse to take off their partisan blinders.
not quite.
In post #124
I ask you this question
This was your reply in post #126
Tell me, why you don’t think that it is a loan? After all when the someone has equity in a company (in this case the Gov. ) and call it a loan, there is a pretty good case for assuming it’s a loan.Then you have this little factoid.
April 28, 2011
< The U.S. government is going to be out of the auto business - at least the auto business run from Auburn Hills, Mich., - as the Chrysler Group LLC announces a plan that will repay the $7.5 billion in loans made to Chrysler by the U.S. Treasury Dept. and the Canadian government.>
Chrysler to Repay Bailout Loans With More Loans - AutoObserver
Ahem… another year and a half to go,hard telling how many American jobs can be saved if Obama has his way.:mrgreen:
So the world began with Reagan? I don't think so, yet you have the nerve to call someone else a 'partisan hack'??? Get real man.
j-mac
DETROIT (AP) -- A union official says General Motors plans to add 250 to 400 jobs at its transmission factory in Toledo, Ohio.
Local union President Ray Wood says GM will invest $260 million to build fuel-efficient, eight-speed automatic transmissions in Toledo starting late next year.
CEO Dan Akerson and United Auto Workers Vice President Joe Ashton are scheduled to make the announcement on Monday, along with local and state elected officials.
union reps, gm's ceo and the uaw?
LOL!
said what?
84 billion is 84 billion, bud
bottom line
despite the impact nature has had on our national economy coupled with higher gas prices, the private sector continues to add jobs.
I predict that as the summer comes around we'll start seeing alot more hiring in housing (re)construction
and infrastructure
All-in-All, the 2Q jobs report for FY2011 is looking pretty good under the circumstances.
living on that public pension, huh?
yes, mcdonalds hired sixty thousand and ONE MILLION americans appeared desperate to flip those burgers
what's that say about the state of our economy
Housing crash is getting worse Brett Arends' ROI - MarketWatch
Obama: "No Such Thing as Shovel-Ready Projects" - Political Hotsheet - CBS News
cuomo, brown and two dozen other governors are slashing like never before in our memory
cities and counties are doing the same
truly, the loss in public sector employment will be difficult to overcome
inflation in gas and food are killing consumers
the shaky dollar is spooking investors
interest rates will rise
and mcdonalds isn't likely to be hiring soon
the weather should improve, it's true
GM's income rose to $3.2 billion, or $1.77 a share, from $865 million or 55 cents a share, lifted by $1.5 billion in gains on sale of holdings in Delphi Automotive LLP and Ally Financial. Without those gains, its earnings before interest and taxes rose 18% to $2 billion, and North American profit climbed just 8% to $1.3 billion, less than analysts had expected. Revenue increased 15%, to $36.2 billion, from $31.5 billion.
GM's Profit Up, But Results Disappoint - WSJ.com
GM Seems to be doing ok
Current Share Price is $31.39 and the initial cost to the taxpayer was $52 a share. Not looking good to me
Thinking far to short term
The auto industry typically takes 4 years to bring new cars to the market, and significantly change its profits and sales based on qualilty product. GM is bring some good cars to the market in the next year or so, and as the Government motors tag drops off its sales will increase. So will its share price
good lord, again, showing how little you know about the economy...i know i have explained to you SEVERAL TIMES what would have happened if all those jobs were lost..union members were not the only ones that would have been screwed...perhaps you should take a few economic classes.The Taxpayers owning any private business should be short term and that is how it was sold. we weren't told that we were going to lose billions on this venture which served only to save union contracts. Ford was successful without a takeover and the taxpayers aren't paying anything with Ford.
good lord, again, showing how little you know about the economy...i know i have explained to you SEVERAL TIMES what would have happened if all those jobs were lost..union members were not the only ones that would have been screwed...perhaps you should take a few economic classes.
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