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Re: Now THIS is how you bail out GM
Posted by: MacGurl
Date: December 04, 2008 08:01PM
Burrppp....


Nope.
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Re: Now THIS is how you bail out GM
Posted by: karsen
Date: December 04, 2008 08:20PM
censored smiley



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Re: Now THIS is how you bail out GM
Posted by: Dakota
Date: December 04, 2008 08:34PM
Quote
karsen
Sorry I'm late. Is there any steak left?

No stocks for you! I sell mine but you can claim your share from the Treasury. I hear they return phone calls in under 2 hours.



Edited 1 time(s). Last edit at 12/04/2008 08:34PM by Dakota.
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Re: Now THIS is how you bail out GM
Posted by: karsen
Date: December 04, 2008 08:56PM
Screw stocks. I want STEAK!



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Re: Now THIS is how you bail out GM
Posted by: lafinfil
Date: December 04, 2008 10:35PM
Quote
karsen
Sorry I'm late. Is there any steak left?

Sorry - there really wasn't much meat to begin with

: - /



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Re: Now THIS is how you bail out GM
Posted by: mikeylikesit
Date: December 05, 2008 01:56AM
Your government just blew $300+ billion (with another $350 on tap) on the financial industry that did nothing for that industry which incidentally produces squat. That money was given, not loaned, and we'll never see a cent of it back.

By comparison, a $35 billion loan for an industry that produces a real product and supports jobs is cheap.

You are missing the forest for the trees.



Edited 1 time(s). Last edit at 12/05/2008 01:57AM by mikeylikesit.
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Re: Now THIS is how you bail out GM
Posted by: Black Landlord
Date: December 05, 2008 02:10AM
I would sooner want to receive stock in a gun or tobacco company.
Would it help or hurt GM if people burned their certificates upon receipt?



[www.papanicholas.com] coffee smiley
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Re: Now THIS is how you bail out GM
Posted by: kj
Date: December 05, 2008 11:17AM
Quote
mikeylikesit
Your government just blew $300+ billion (with another $350 on tap) on the financial industry that did nothing for that industry which incidentally produces squat. That money was given, not loaned, and we'll never see a cent of it back.

By comparison, a $35 billion loan for an industry that produces a real product and supports jobs is cheap.

You are missing the forest for the trees.

There's no doubt in my mind that the financial industry bailout was complete and utter fraud. But our lovely politicians voted, and it's over for now. I am deeply disgusted. The automotive bailout isn't a done deal yet, so it's at the forefront of discussion. Are we supposed to do some sort of comparison with every issue? Like, "Is there a worse issue than this, if so then we must ignore this one." If someone murders one person, we let him off the hook because someone else murdered two? I don't think any of us has to choose the one and only issue to be concerned about. kj.
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