Romney was absolutely correct!.GM should have been allowed to go through bankruptcy reorganization, as hundreds of companies have..There might not be GM, but there certainly would be Chevrolet, Cadillac and so on, and in a much better shape than the current GM is in..The yap that he saved a million jobs is a LIE!!!.However, lets assume that id did save the jobs – at the approximate cost of about $100,000 per job . . . . .‘Saving’ the GM with taxpayer $$ was all about saving the UAW and repaying them for their help in electing 0bama.
WHy do the republicans want student loans to double? Far too many people thought college education was of prime importance and so got locked into debt too big to pay off already!Yesterdays vote to take food and vaccines out of the programs for the poor and defenseless for more for the pentagon.us military expenditure 166 million the next closest is China at 61 million.Why do we need to spend over 10 times what everyone else does and still asking for more? The poor are poor not because of character flaws, but over 40% of the poor are children too young to work. Most of the rest are diseased, blind, deaf, mentally ill, and another whole list of reasons.
Actually, Romney is saying exactly what I wrote, with which incidentally, even as vocal a conservative as Robert Reich (Clinton’s labor secretary) agrees with. But the news-media snapshots of Romney make him look as you described, which is of course their, the media’s agenda..One of the reasons I am more familiar with this issue is because I held a few K of GM bonds as it was approaching the Chapter 11. The bondholders were ready to take over the company through a court appointed trustee, when we were blindsided by 0bama, and the company was taken away from the bondholders and a big chunk was handed to the UAW, while the company was burdened with loans benefiting UAW. The bondholders got 10% of the new stock and warrants giving us a right to purchase another 15% of the company..This 0bama directed process, together with that of Chrysler case, where 0bama screwed secured debt-holders, violated hundreds of years of contract and bankruptcy laws.
As usual, your opinions are based upon, well, pooooop. I was active with the bondholders committee working with a couple of NYC law firms preparing for the impending filing for Chapter 11, and the consequent takeover of the company. The bondholders’ committee was comprised of virtually all large institutional investors, including the largest banks . . . . there would have been no shortage of funds to keep things running.
love the proggie comments about flip flopping. How about we post the clips from NObama saying hes against gay marriage and the one he just did saying hes for gay marriage. Oh, you know the one where everybody is giving him kudos? Yeah, that one. ALL politicians are flip floppers, enough said.
Eryx, I admire your fortitude in persistently trying to counter mere talking points with real data and analysis. Unfortunately, there’s no one listening. Or to modify an old saying, “A closed mind is truly a waste.”
Odon Premium Member almost 12 years ago
Ah, it’s just a matter of perspective.
joe vignone almost 12 years ago
As a wise man once said “Money talks, bull$hit walks”. Put on your hiking boots, Richie Rich!
petergrt almost 12 years ago
Romney was absolutely correct!.GM should have been allowed to go through bankruptcy reorganization, as hundreds of companies have..There might not be GM, but there certainly would be Chevrolet, Cadillac and so on, and in a much better shape than the current GM is in..The yap that he saved a million jobs is a LIE!!!.However, lets assume that id did save the jobs – at the approximate cost of about $100,000 per job . . . . .‘Saving’ the GM with taxpayer $$ was all about saving the UAW and repaying them for their help in electing 0bama.
Dtroutma almost 12 years ago
Romney is running a port-a-potty business, and it’s full.
like the image, Mike.
zekedog55 almost 12 years ago
Poor Mitt. Hacking away at a fellow student’s hair with a pair of scissors, being aided by his “friends”…
Gotta be an Edward Scissorhands toon coming our way soon!
pam Miner almost 12 years ago
WHy do the republicans want student loans to double? Far too many people thought college education was of prime importance and so got locked into debt too big to pay off already!Yesterdays vote to take food and vaccines out of the programs for the poor and defenseless for more for the pentagon.us military expenditure 166 million the next closest is China at 61 million.Why do we need to spend over 10 times what everyone else does and still asking for more? The poor are poor not because of character flaws, but over 40% of the poor are children too young to work. Most of the rest are diseased, blind, deaf, mentally ill, and another whole list of reasons.
petergrt almost 12 years ago
Actually, Romney is saying exactly what I wrote, with which incidentally, even as vocal a conservative as Robert Reich (Clinton’s labor secretary) agrees with. But the news-media snapshots of Romney make him look as you described, which is of course their, the media’s agenda..One of the reasons I am more familiar with this issue is because I held a few K of GM bonds as it was approaching the Chapter 11. The bondholders were ready to take over the company through a court appointed trustee, when we were blindsided by 0bama, and the company was taken away from the bondholders and a big chunk was handed to the UAW, while the company was burdened with loans benefiting UAW. The bondholders got 10% of the new stock and warrants giving us a right to purchase another 15% of the company..This 0bama directed process, together with that of Chrysler case, where 0bama screwed secured debt-holders, violated hundreds of years of contract and bankruptcy laws.
Motivemagus almost 12 years ago
Beautiful. Caught him right out.
pirate227 almost 12 years ago
“I’ll take a lot of credit for that.”Well, I guess if Mitt can’t run on his record, he can try to run on POTUS’s record.
petergrt almost 12 years ago
As usual, your opinions are based upon, well, pooooop. I was active with the bondholders committee working with a couple of NYC law firms preparing for the impending filing for Chapter 11, and the consequent takeover of the company. The bondholders’ committee was comprised of virtually all large institutional investors, including the largest banks . . . . there would have been no shortage of funds to keep things running.
lisak157 Premium Member almost 12 years ago
love the proggie comments about flip flopping. How about we post the clips from NObama saying hes against gay marriage and the one he just did saying hes for gay marriage. Oh, you know the one where everybody is giving him kudos? Yeah, that one. ALL politicians are flip floppers, enough said.
crlinder almost 12 years ago
Eryx, I admire your fortitude in persistently trying to counter mere talking points with real data and analysis. Unfortunately, there’s no one listening. Or to modify an old saying, “A closed mind is truly a waste.”
William Bednar Premium Member almost 12 years ago
Isn’t it interesting how Mitt’s ideas have “evolved”?
kamwick almost 12 years ago
Mitt….flip-flopper extraordinaire!