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woodsprite

(11,911 posts)
Fri Sep 7, 2012, 07:24 AM Sep 2012

Couldn't hold it in.....probably got 'unfriended' today

Repub ahole: ?Biden was nothing but boring. "Conviction, resolve, Barack Obama - that's what saved the automobile industry."
No Joe, a huge government loan (which hasn't been repayed) saved the automobile industry. And as a shareholder (taxpayer), I'm not at all happy that my government stock in GM has reduced in value from nearly $100 down to $22. That's a huge investment loss.

Myself: Yeah, because it would have been better to have let them all go bankrupt and put so many more people out of work. That's the way to save the economy. Typical repub value - I want mine, screw you.

UGHHHHHH!!!!!!

16 replies = new reply since forum marked as read
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still_one

(92,136 posts)
1. and it wasn't just GM and saving the U.S. auto industry and their jobs, it had a ripple effect
Fri Sep 7, 2012, 07:31 AM
Sep 2012

saving the parts and suppliers, and other jobs dependent on that industry

The republican party has been unmasked. The party that wrapped themselves in the flag have shown how actually un-patriotic they our. Not any acknowledgment of our troops in Afghanistan or Iraq, or anywhere.

They are so quick to want to destroy industries that have been the foundation of our country

woodsprite

(11,911 posts)
3. He reasoned that a structured bankruptcy would have saved us all and cost the taxpayers nothing
Fri Sep 7, 2012, 07:46 AM
Sep 2012

I don't know that much about bankruptcy, other than what I've picked up on the various threads on DU.
But bankruptcy, any kind, hurts jobs and people. I know that my retirement investments went down, just like his and everyone's did - unless you squirreled your investments away in the Caymen Islands, Switzerland, etc.

I am just so taken aback with these people who want everything but don't want to watch out for each other. They'd rather watch out for the rich people in hopes that some day, they may be one of them.

still_one

(92,136 posts)
7. If the government did not get involved, and they went through a standard bankruptcy, a million more
Fri Sep 7, 2012, 08:32 AM
Sep 2012

jobs would have been lost. In addition, how many people would have been willing to by a GM car knowing the company was going through a standard bankruptcy?

Not many would have the confidence that it would be around.

A perfect example is look at Eastman Kodak. It is several years, and now they are just starting to come out of bankruptcy

It would have been a disaster, and most economist agree


NotThisTime

(3,657 posts)
2. I would check the date they did pay back the loan with interest....
Fri Sep 7, 2012, 07:45 AM
Sep 2012

If he wants to live in a Country that can't even make it's own cars, but I certainly do not. Those car companies came back stronger than they'd been in decades. This friend is not worth friending.

woodsprite

(11,911 posts)
10. I will. I thought they paid it back.
Fri Sep 7, 2012, 09:02 AM
Sep 2012

I'll put that on my agenda for tonight as I'm partaking in 'pizza and movie' night w/ the munchkins.

ananda

(28,858 posts)
4. Many Reeps have a very narrow, tribal mindset.
Fri Sep 7, 2012, 07:49 AM
Sep 2012

It's a me and mine mentality against everyone different,
and really paranoid and victimy as though others are
not worthy or deserving for whatever reason the rightwing
hatetalk machine decides and the Reep parrots.

trof

(54,256 posts)
5. I lost $10,000 invested in GM Senior Notes when they declared bankruptcy.
Fri Sep 7, 2012, 07:57 AM
Sep 2012

And I'm still pissed at GM, but not at Obama of the U.S. government.

geckosfeet

(9,644 posts)
6. Let it go. You were correct. The idiot was wrong.
Fri Sep 7, 2012, 08:13 AM
Sep 2012

$88 to save jobs, families and the lives of children is a small price to pay. That turd can have my $22. If three more people donate their $22 will he stfu? Probably not.

Also consider all the money spent on a military invasions of the middle east. With 0, that's right, 0 (zero) return. Why was that worth it? Thousands of lives DESTROYED with your tax dollars.

Your acquaintance has some damn funny ideas.

woodsprite

(11,911 posts)
9. You don't know the half of what he says (but I'm sure you can imagine)
Fri Sep 7, 2012, 08:59 AM
Sep 2012

He has 11 kids. His oldest son just went off to the military. He was going on the other day about the Dems disrespecting women and the military. I pointed out the error of his ways then also. The good thing is that I have 2 other friend (women) plus his sister and brother who are tag teaming with me.

One told him this morning that he must be hiding something and be a closet billionaire to think/reason the way he does.

I have several people who I go back/forth with like this. This guy irritates me, but I have another one who really beats him. He's a Fox junkie. I even have a lady on my friends list from church who helps set him straight. Anything to try to break them out of their funk and get them to think or see things from a different point of view.

It's good to see what's out there since it's time to start phone banking. In 2008, we were calling into the reddest of red PA. Don't know where we'll be calling this time.

Patiod

(11,816 posts)
14. That's absolutely right
Fri Sep 7, 2012, 11:00 AM
Sep 2012

A college acquaintance was ranting about God and Israel and the Dems on FB.

I posted Frank Conniff's tweet: "GOP angered that Dems didn't mention God in their platform, God angered that GOP took 'love thy neighbor' from theirs"

Which set all her wingnut friends: "government has no business taking my money for charity"

(they also went on about how mitt gave some huge % of his money to charity, and I just let it go by, but tithing to the Mormons is no more a "charity" than is a donation to the US Chamber of Commerce or ALEC. They are both just the costs of doing business in Utah.)

rurallib

(62,406 posts)
11. ask him if he has any problem with all the freebies
Fri Sep 7, 2012, 09:25 AM
Sep 2012

that states like Alabama, Mississippi and South Carolina (the Nikki Haley state) have given the likes of Toyota, Hyundai and Volkswagen to put non-union plants in their states? (tax breaks, land, abatements)
And those are give aways - not loans.

Bet repub-ahole thinks those are fine.

ETA - made me sick to see that asshole senator from Alabama (can't think of his name right now) fighting tooth and nail to stop the loan to GM while he was protecting a foreign car maker in his state.
- all they cared about was busting the union - they cared not what damage they caused doing it

 

joeybee12

(56,177 posts)
13. So if they went bankrupt his stock would have been worthless...
Fri Sep 7, 2012, 09:33 AM
Sep 2012

What an idiot...he would have lost even more money...he has some because of this...do Repukes even think?

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