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| Topic: Buck Up People...Progressives Won! | |
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The two economies that won in that Cash for Junkers was China and Japan. Japanese cars sold the most and China gets the metal from the junkers. not to mention all 3 got billions in bailout money after that too... then chevy moves about 8 plants to mexico.... great work there... |
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Nov,2010 The Treasury, which holds a 60.8 percent stake in GM as a result of its $50 billion bailout, will take a loss of up to $4.9 billion on its sale of shares in the IPO.
http://sg.news.yahoo.com/rtrs/20100904/tbs-business-us-gm-ipo-7318940.html The private industry can invest in GM and have a stake in their profits or losses.The Federal government should stay out of it. http://www.gulf-daily-news.com/NewsDetails.aspx?storyid=284321 Aug,2010 WASHINGTON: Troubled US mortgage firm Freddie Mac yesterday reported a second quarter net loss of $6 billion and sought another $1.8bn from the Treasury to contain the red ink. |
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The two economies that won in that Cash for Junkers was China and Japan. Japanese cars sold the most and China gets the metal from the junkers. not to mention all 3 got billions in bailout money after that too... then chevy moves about 8 plants to mexico.... great work there... neo-liberalism and globalization...gotta love it..doncha?? doncha?? its your monster Frankenstein.... |
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Edited by
InvictusV
on
Fri 11/05/10 05:13 AM
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And yet the bailouts and stimulus kept us out of a depression which is what they were supposed to do. So much for caring about the country huh? why did obama create a debt commission? what do you think they are going to propose? More spending or more "popular" programs? haha Reality is coming and Obama has the final say on what is implemented and what is not implemented.. |
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