Obama to give 6 billion to ITALIAN company

[Splum]

Your tax dollars at work! Pay up bitches.

After President Obama's speech, Fiat and Chrysler announced they had reached the framework on a global alliance. The US government would provide working capital for a further 30 days while a merger was discussed, it added. If a merger is successful, then the government will consider investing up to $6bn.

http://news.bbc.co.uk/2/hi/business/7972464.stm

[LiveDose]

Spending other people's money is so much fun.

[D Ghost]

fiiiiiiiiiiiiiiiiiiiiiiiiiiiigs

[tony286]

consider and give are two very different things.

[MetaMan]

WASH YA ASS SPLUM

[nation-x]

and they would be giving it to Chrysler... not to Fiat.

[babebuns]

Yeah man giving bailout money to a company that employs American's is the dumbest shit evar I BET THEY'RE ALL GOD DAMN TERRRRRRRISTS TOOOOOOOO. Fiat have a partnership with Chrysler that enables them to be a more efficient company, it doesn't say money is going to Fiat, but infact only mentions Chrysler and GM.

[misbrisco]

he needs to give me 1 million bucks and I will stimulate the economy

[Splum]

and they would be giving it to Chrysler... not to Fiat.

What part of "merger" dont you understand?

[DK]

Splum is Obamas best PR guy

[Splum]

Splum is Obamas best PR guy

You should see my salary.

[2012]

so what are you going to do about it ?

[NaughtyRob]

Forgetaboutit.

[2012]

[Splum]

Cheney Bush Bush Bush Cheney Bush Bush Bush

Dude what the fuck does Dick Cheney have to do with Obama giving 6 billion of taxpayer dollars to an Italian company? GEORGE W BUSH IS NOT IN POWER. Lol you people will use anything to excuse Obamas fuck ups.

[USUALENT]

well more billions being passes around

[DaddyHalbucks]

Yeah man giving bailout money to a company that employs American's is the dumbest shit evar I BET THEY'RE ALL GOD DAMN TERRRRRRRISTS TOOOOOOOO. Fiat have a partnership with Chrysler that enables them to be a more efficient company, it doesn't say money is going to Fiat, but infact only mentions Chrysler and GM.

Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.

When you subsidize corrupt and inefficient companies you get more expensive disasters in the end, and you lose better opportunities.

[Snake Doctor]

Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.

That's right, because it was government out there buying all those CDO's and credit default swaps.

Errrrr, wait.

[Snake Doctor]

Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.

When you subsidize corrupt and inefficient companies you get more expensive disasters in the end, and you lose better opportunities.

You know what dude, you're like the kid in the 9th grade who still believes in Santa Claus.
Everyone else has figured it out by now.

The invisible hand of the free market just got done anally fisting us, it's time to move on.

[Twistys Tim]

It was only a few years ago that GM tried to make a deal with Fiat -- and it ended up costing them $2billion just to get out of the worst deal ever!

See the story here

The joining of the most inefficient company in America (Chrysler), and the most inefficient company in Europe (Fiat) will surly make the most inefficient company in the world

Like an owner so attached to their old dog, the American government just cannot muster the strength to call the vet and have their pet put out of it's misery.

[Splum]

That's right, because it was government out there buying all those CDO's and credit default swaps. Errrrr, wait.

I suppose the government is responsible for homes defaulting and unsustainable credit cards debt too?

The blame here starts with YOU, the consumer, then the free market, THEN the government. Guess who ends up paying for it?

[Splum]

Like an owner so attached to their old dog, the American government just cannot muster the strength to call the vet and have their pet put out of it's misery.

Well said.

[Snake Doctor]

Splum
This message is hidden because Splum is on your ignore list.

[webair]

Investing not Giving

[GirlBri]

get a life.

[Reak AGV]

He didn't give it yet..

[PornMD]

The government giving money that pretty much doesn't exist to a company called Fiat is one of the biggest ironies ever, lol.