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+--- Thread: Now THIS is how you bail out GM (/showthread.php?tid=67580)
Re: Now THIS is how you bail out GM - MacGurl - 12-05-2008
Burrppp....
Nope.
Re: Now THIS is how you bail out GM - karsen - 12-05-2008
:censor:
Re: Now THIS is how you bail out GM - Mac1337 - 12-05-2008
karsen wrote:
Sorry I'm late. Is there any steak left?
No stocks for you! I sell mine but you can claim your share from the Treasury. I hear they return phone calls in under 2 hours.
Re: Now THIS is how you bail out GM - karsen - 12-05-2008
Screw stocks. I want STEAK!
Re: Now THIS is how you bail out GM - lafinfil - 12-05-2008
karsen wrote:
Sorry I'm late. Is there any steak left?
Sorry - there really wasn't much meat to begin with
: - /
Re: Now THIS is how you bail out GM - mikeylikesit - 12-05-2008
Your government just blew $300+ billion (with another $350 on tap) on the financial industry that did nothing for that industry which incidentally produces squat. That money was given, not loaned, and we'll never see a cent of it back.
By comparison, a $35 billion loan for an industry that produces a real product and supports jobs is cheap.
You are missing the forest for the trees.
Re: Now THIS is how you bail out GM - Black Landlord - 12-05-2008
I would sooner want to receive stock in a gun or tobacco company.
Would it help or hurt GM if people burned their certificates upon receipt?
Re: Now THIS is how you bail out GM - kj - 12-05-2008
mikeylikesit wrote:
Your government just blew $300+ billion (with another $350 on tap) on the financial industry that did nothing for that industry which incidentally produces squat. That money was given, not loaned, and we'll never see a cent of it back.
By comparison, a $35 billion loan for an industry that produces a real product and supports jobs is cheap.
You are missing the forest for the trees.
There's no doubt in my mind that the financial industry bailout was complete and utter fraud. But our lovely politicians voted, and it's over for now. I am deeply disgusted. The automotive bailout isn't a done deal yet, so it's at the forefront of discussion. Are we supposed to do some sort of comparison with every issue? Like, "Is there a worse issue than this, if so then we must ignore this one." If someone murders one person, we let him off the hook because someone else murdered two? I don't think any of us has to choose the one and only issue to be concerned about. kj.