President Obama. Model for good spending. GM bail out. Do it

Greatest I am · **Joined:** Thu Jun 10, 2010 5:09 pm **Posts:** 810

President Obama. Model for good spending. GM bail out. Do it again Please.

If I need say more, the U S population is not very intelligent.

Regards
DL

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 3977

Bailouts are only for idiots because they subsidize poorly-run companies that in the natural order of things should file for bankruptcy. The plants and workers will still be there, and presumably a new company buying the assets will operate in a profitable manner.

Greatest I am · **Joined:** Thu Jun 10, 2010 5:09 pm **Posts:** 810

bobevenson wrote:

Bailouts are only for idiots because they subsidize poorly-run companies that in the natural order of things should file for bankruptcy. The plants and workers will still be there, and presumably a new company buying the assets will operate in a profitable manner.

Are you aware that G M is presently # 1 in world sales?

The bailout has shown great profit and since that model is still at hand, Obama should duplicate it as often as possible.

Regards
DL

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 3977

Greatest I am wrote:

bobevenson wrote:

Bailouts are only for idiots because they subsidize poorly-run companies that in the natural order of things should file for bankruptcy. The plants and workers will still be there, and presumably a new company buying the assets will operate in a profitable manner.

Are you aware that G M is presently # 1 in world sales?

The bailout has shown great profit and since that model is still at hand, Obama should duplicate it as often as possible.

Regards
DL

Shit, you don't know what you're talking about. GM may be first in auto sales, but that's about it. Please cite where you got this erroneous information. If bankers wouldn't loan GM any money, why the hell should American taxpayers??? The answer, my friend, is that it was a bad investment. Just because somebody wins the lottery doesn't make it a good investment.

Greatest I am · **Joined:** Thu Jun 10, 2010 5:09 pm **Posts:** 810

bobevenson wrote:

Greatest I am wrote:

bobevenson wrote:

Bailouts are only for idiots because they subsidize poorly-run companies that in the natural order of things should file for bankruptcy. The plants and workers will still be there, and presumably a new company buying the assets will operate in a profitable manner.

Are you aware that G M is presently # 1 in world sales?

The bailout has shown great profit and since that model is still at hand, Obama should duplicate it as often as possible.

Regards
DL

Shit, you don't know what you're talking about. GM may be first in auto sales, but that's about it. Please cite where you got this erroneous information. If bankers wouldn't loan GM any money, why the hell should American taxpayers??? The answer, my friend, is that it was a bad investment. Just because somebody wins the lottery doesn't make it a good investment.

Seems that the U S won the lottery when they showed they had half a brain by electing Obama.

http://www.theatlantic.com/business/arc ... ts/253806/

Regards
DL

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 3977

Greatest I am wrote:

Seems that the U S won the lottery when they showed they had half a brain by electing Obama.

I agree that Americans had half a brain when they elected Obama, who proceeded to spend billions of dollars of their hard-earned tax money on a lottery-type "investment" that fortunately paid off, but was none-the-less a stupid investment by generally-accepted accounting standards.

Greatest I am · **Joined:** Thu Jun 10, 2010 5:09 pm **Posts:** 810

bobevenson wrote:

Greatest I am wrote:

Seems that the U S won the lottery when they showed they had half a brain by electing Obama.

I agree that Americans had half a brain when they elected Obama, who proceeded to spend billions of dollars of their hard-earned tax money on a lottery-type "investment" that fortunately paid off, but was none-the-less a stupid investment by generally-accepted accounting standards.

Only if you ignore all the other bailouts that have been done before and after the one in question. They work whether you like it or not.

Regards
DL

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 3977

Greatest I am wrote:

bobevenson wrote:

Greatest I am wrote:

Seems that the U S won the lottery when they showed they had half a brain by electing Obama.

I agree that Americans had half a brain when they elected Obama, who proceeded to spend billions of dollars of their hard-earned tax money on a lottery-type "investment" that fortunately paid off, but was none-the-less a stupid investment by generally-accepted accounting standards.

Only if you ignore all the other bailouts that have been done before and after the one in question. They work whether you like it or not.

Regards
DL

A stupid investment is a stupid investment, and what Obama has done is equivalent to a Ponzi scheme against the American public.

Greatest I am · **Joined:** Thu Jun 10, 2010 5:09 pm **Posts:** 810

bobevenson wrote:

[q
A stupid investment is a stupid investment, and what Obama has done is equivalent to a Ponzi scheme against the American public.

Yep. Real stupid to make G M # 1 in sales in the world.

Go away with your foolish notions.

Regards
DL

bobevenson · **Joined:** Tue Mar 03, 2009 12:02 am **Posts:** 3977

Greatest I am wrote:

bobevenson wrote:

[q
A stupid investment is a stupid investment, and what Obama has done is equivalent to a Ponzi scheme against the American public.

Yep. Real stupid to make G M # 1 in sales in the world.

Go away with your foolish notions.

Regards
DL

Again, GM is not No. 1 in sales, it is No. 1 in automobile sales until the next fucking bailout. But I guess that little distinction doesn't mean much to you, ha-ha-ha-ha-ha-ha!

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