lawgator1
Senior Member
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- Aug 8, 2005
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Okay. I‘m the problem then.MAGA, pay attention!
If you're not standing with LA right now, you're the problem
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www.sfgate.com
This is what corruption looks like
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Trump orders mass deportations focused on Democratic cities amid growing protests
President Donald Trump has ordered federal immigration officials to prioritize deportations in Democratic-led cities following widespread protests against his immigration policies.www.fox10phoenix.com
Sure sure. But we all know that the government would have actually spent the $45 million staging gay puppet shows in Botswana to teach the kiddos about climate change, right?You want to honor the military with 45 million dollars? House some homeless vets with it.
Spending that much taxpayer money on any parade is silly. Displays like that are one of a million stupid things the government does with our money.
Did you care then or only because it’s TrumpThis is what corruption looks like
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Trump orders mass deportations focused on Democratic cities amid growing protests
President Donald Trump has ordered federal immigration officials to prioritize deportations in Democratic-led cities following widespread protests against his immigration policies.www.fox10phoenix.com
Sure sure. But we all know that the government would have actually spent the $45 million staging gay puppet shows in Botswana to teach the kiddos about climate change, right?
Besides, as we learned from democrats, all we have to do is print an additional $45 million and the parade is actually FREE
Can you refresh my memory about GM?
The General Motors (GM) bailout, a key part of the larger automotive industry crisis response during the 2008-2009 financial crisis, involved a combination of loans and equity investments from the U.S. government to prevent the company's collapse. The government, through the Troubled Asset Relief Program (TARP), provided substantial funding to restructure GM, including a Chapter 11 bankruptcy process, and ultimately took a significant ownership stake in the reorganized company.
Here's a more detailed breakdown:
1. Initial Loans and the Bush Administration:
2. The Obama Administration's Role:
- In December 2008, the Bush administration approved initial loans to GM and Chrysler, totaling $13.4 billion, using TARP funds.
- This was a bridge loan to prevent immediate collapse and allow the companies to develop restructuring plans.
- The government also committed to providing further support to facilitate a Chapter 11 restructuring.
3. Restructuring and Bankruptcy:
- The Obama administration significantly expanded the bailout effort, viewing it as crucial to preventing a wider economic collapse.
- The "Auto Task Force" was established to oversee the restructuring of GM and Chrysler.
- The government provided additional loans, bringing the total support to approximately $80 billion, according to The Buckeye Institute.
- The government took a 60% ownership stake in the new GM as part of the restructuring, exchanging it for the loans and debt, according to the White House (.gov).
- The government played a central role in directing GM's restructuring, including decisions on plant closures, job cuts, and product development.
- GM filed for Chapter 11 bankruptcy in June 2009, with the government's support.
- The bankruptcy process was expedited, with the goal of quickly transitioning to a new, restructured GM.
- The old GM, with its liabilities and debts, was left behind in the bankruptcy, while the new GM emerged with government support.
I wonder how those who consider the US Steel deal to be socialism feel about this one?They basically folded GM and restructured into a new GM with the .gov taking 60% ownership. the common stockholder was left with nothing.
I was 100% against the government bailing out GM.But you didn’t have a problem with Obama taking over GM?
The orange stain around your mouth is very telling.No, that is what calling an exterminator to deal with an infestation looks like.
I was 100% against the government bailing out GM.
Luckily that ended in 2013.
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Government sells last of its GM shares
Exits stake in company taken as part of $49.5 billion bailout and bankruptcy restructuring.www.usatoday.com
I applaud you in combining 'whataboutism' and a false equivalence into a single poorly contrived argument in support of this nonsense though; you are truly outdoing yourself in the water-carrying department these days.
If Trump's tweets are to be believed, this is 100% the selective enforcement issue that Republicans were up-at-arms about with Obama/IRS.This is what corruption looks like
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Trump orders mass deportations focused on Democratic cities amid growing protests
President Donald Trump has ordered federal immigration officials to prioritize deportations in Democratic-led cities following widespread protests against his immigration policies.www.fox10phoenix.com
Well....that's sort of the point I'm trying to make.lol I love when they find random person from group x to interview to prove their point.
“Next up we have Terrell from Memphis, who says he doesn’t find the N word offensive. Tell us more, Terrell!”
“Here’s a Jewish student, raised atheist, with pink hair, who identifies as a cat. Zer is going to tell us why all Jews should be murdered in their homes. Tell us more Bastet!”