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LOL GM says Romney is living in parrel universe
Despite Chrysler correcting Romney 2 times now on his add claiming they are moving all Jeep production to China, when in fact they are doing so well they are 'expanding'. Romney keeps running these adds and saying it at speeches, he's even since added the same thing to radio continuing the lie. At this point it's not even a twist of information it's an outright lie. Well now he has claimed things about GM as well by saying the bail out ruined them and the auto industry. This was their response... GM: Gap between Romney & 'Reality' "We've clearly entered some parallel universe, campaign politic at it's cynical worst.." "At this stage, we're looking at Hubble telescope-length distances between campaign ads and reality" lol that's a direct quote from General Motors in response to Romney's bull shit adds. :1orglaugh I know this wont matter to you right wing blow hards, I mean what's one more Romney lie when you can just blame Obama for something instead to justify Romney's lies. But we are still going to point and laugh at you guys anyway. |
Romney camp aren't to smart...
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How much money did GM get from the bail out thru Obama?
Don't really care what they have to say, the company got a free ride, they haven't come close to paying back what they owe |
This guy will say anything to get the presidency. If we put him in office we deserve what we get :2 cents:
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What Romney didn't realize is these are active companies with brands to protect. When you go and run a bunch of commercials saying they are moving Jeeps to China, of course those companies are going to fight back. A big part of Jeep's brand image is being an American icon. They have to fight back against these claims to protect their brand image.
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:1orglaugh:1orglaugh:1orglaugh:1orglaugh |
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Whoops http://www.newyorker.com/online/blog...to-makers.html So risk $17.4 billion already out there or get them back on their feet and work on getting that money back? http://www.politifact.com/truth-o-me...-says-auto-co/ GM still has about a $25 billion liability to taxpayers and our equity in the company is worth half that right now. GM was number 1 in the world in auto sales in 2011 though... some of that thanks to the earthquake in Japan, but the company is still strong again. So the rough math in my head says that if we liquidated our GM holdings out of close to $90 billion about $15 billion or so would be lost if we backed out today. Meanwhile 2 of the 3 companies in the largest manufacturing segment in our economy didn't go under. |
It's really a tough decision. Letting a company like that fail is letting all of those people lose their jobs, in an area where they're never going to find the same job somewhere else for the most part. On the other hand, it was failing for a reason. Yea, mother nature fucked up Japan so they came back a bit, but unless they're actually running the business a different way now (which who knows, maybe they are), we may be in this position again with them soon.
That said, we've given a shitload more to financial institutions which provide absolutely nothing but debt to people. How many people have gone bankrupt with absolutely no help based on bad investments, and the economy got fucked thanks to these institutions not only making bad investments but championing them and even hiding how bad they were, and we fucking rewarded them for it. In comparison to that, the GM stuff seems pretty mild. |
Didn't China buy Hummer from GM?
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Romeny sounds so desperate. Say anything to win.
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Romney lives in some parallel universe where large dogs carry small women around in purses.
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A loan is when a company pays interest and returns the money. A bail out is what President Bush did... $29 billion to Bear Sterns $300 billion to homeowners $200 billion to bail out Fannie Mae and Freddie Mac $150 billion to AIG $700 billion to TARP LOL. |
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Oh and GM is not the largest, Volkswagon is Volkswagen?s 8.16-million figure doesn?t include sales from commercial truck divisions MAN and Scania, according to Automotive News. If the manufacturer added those, it would significantly boost their overall numbers. ?On top of that, GM?s sales figure was padded with about one million sales by Chinese automakers SAIC Motor Corp. and Wuling Motors Co. ? companies with which GM has joint ventures, but in which the American company does not have a controlling stake,? reports Motor Trend. http://www.theblaze.com/stories/obam...is-number-one/ |
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I have barely said anything about Romney here. I don't care for him either |
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Next you're going to argue that the $23 billion Treasury is going to lose was the portion Obama gave them and not Bush. |
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Or maybe the conspiracy theorists were all right that in order to get a one world government the world needs to be on a level playing field so they will lower the status of the US while subsequently raising the status of other counties. Or maybe... Or maybe... Or maybe... It's easy for us to sit in our living rooms and talk about what we would have done when we know 1/1,000th of what the situation really was. Time will tell. |
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I would also tell you that GM's production of cars in China went up 55% after the bailout. Wow, that's some oversight by the Obama Administration "Obama lambastes GOP rival Mitt Romney for outsourcing, Government Motors is now planning to invest $1 billion over the next five years -- not in America, but in Russia. That's on top of $7 billion total in China, close to $1 billion in Mexico, and $600 million for a shirt sponsorship deal with Manchester United, the British soccer club." Great how all that money that was suppose to be spent for shovel ready jobs worked out for the US isn't it http://townhall.com/columnists/miche...out/page/full/ |
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*In fact, that can be said about all six of your posts in this thread. disclaimer: I wouldn't vote for rombama or obamney on a bet. |
don't most republicans
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And don't forget that when the U.S. govt. gave that money to GM...Obama, in an unprecedented move...called for the CEO of GM to resign.
And then Obama picked his replacement personally and installed him as CEO of GM. And now the head of GM is attacking Obama's competitor...and that surprises anyone? Wow, Democrats are freakin' DESPERATE for anything these days. Obama practically owns the head of GM like his bitch. |
Does it annoy anyone else when the newscasters report about companies paying back money to the govt. and they say something like: "Company X paid back $50 Billion dollars to the US taxpayers"
And of course what that really means is it goes back in the federal coffers to be used for pork barrel spending by politicians. As taxpayers we are NEVER going to see that money. lol But they love to say that when they report it. When I hear that I start wondering when my check will be in the mail "paying me back". |
I was just reading where it was posted on Drudge Report that Obama had a hearing aid on during the debates and that it failed during the first debate?
Teleprompters didn't fit I guess |
Hopefully Romney will press them to pay back their bail out and not give them tax breaks when he is President.
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man, i so wish that this thing is finally over - i am just afraid that whoever wins, this whole mess will get even bigger
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Vendzilla, are you still unemployed?
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The worse for the country, the better for me and GOP. My name is Mitt Romney, and I approve this message :winkwink:
http://i.huffpost.com/gadgets/slides...?1351018956000 |
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It was a great idea when Bush did it, but when the other party does it somehow it became a bad thing. Your bashing Democratic president for doing exactly what a Republican president did. This was something that had to be done to save these companies. Quote:
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This is called doing business. You expect GM to only do business in the US? |
yeah, dont sell cars in China please, Volkswagen has big plans and cannot be bothered with competition ;)
http://www.volkswagenag.com/content/...-+clear+v2.pdf |
Obama is ahead in all but 3 battleground states, and ahead in a national average of all recent polls today. Say goodnight, Gracie.
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