GM hourly workers get $4,000 bonuses! (employment, Reagan, death, good news)

[EinsteinsGhost]

Originally Posted by shorebaby

Nope, I complained about him forcing them (Goldman, JPM, Morgan Stanley) to accept bailout funds so as not to stigmatize Citi et al.

Doesn't matter, TARP has been paid back. We are $33 billion in the hole to support the UAW.

Hypocrisy ALWAYS matters. I've seen your posts cursing Obama for "interfering" with bonus to Wall Streeters, and that was months ago. I can gladly dig up your posts if you would like them to be presented here.

As for bailouts, you do realize they happened when Obama wasn't the President, don't you? Not that he would disagree with the need (and I don't either). But that wasn't I was discussing with you either.

[shorebaby]

Originally Posted by EinsteinsGhost

Hypocrisy ALWAYS matters. I've seen your posts cursing Obama for "interfering" with bonus to Wall Streeters, and that was months ago. I can gladly dig up your posts if you would like them to be presented here.

As for bailouts, you do realize they happened when Obama wasn't the President, don't you? Not that he would disagree with the need (and I don't either). But that wasn't I was discussing with you either.

LOL, as I recall you weren't in favor of bonuses for Wall Street. Hypocrisy much?

Never cursed Obama, please "dig up" the posts, we'll wait............

[EinsteinsGhost]

Originally Posted by shorebaby

LOL, as I recall you weren't in favor of bonuses for Wall Street. Hypocrisy much?

I was not, and would not be today along the same lines. But, and clearly, you've accepted that you like to change your tune.

PS. I hope you do see a difference in government role with TARP recipients and GM. Do you not?

[padcrasher]

Originally Posted by highcotton

GM hourly workers get $4,000 bonuses!

What line of work are you in to resent some blue collar worker getting a bonus for his company being profitable?

[shorebaby]

Originally Posted by EinsteinsGhost

I was not, and would not be today along the same lines. But, and clearly, you've accepted that you like to change your tune.

So you are against the auto workers bonus....

No tune changing always consistent. Still digging? Still waiting...............

[slackjaw]

Originally Posted by younglisa7

I am old fashioned also. I just think it should be deserved before you get rewarded. On that note...it makes no sense whatsoever when a company pays out bonuses during a bad year when they had no profit.

GM Earns $2 Billion, Projects 2010 Profit - TheStreet

General Motors reported net income attributable to stockholders of $2 billion in the third quarter, its third consecutive profitable quarter, and said it will be profitable for the full year.

[shorebaby]

Originally Posted by EinsteinsGhost

PS. I hope you do see a difference in government role with TARP recipients and GM. Do you not?

I do. TARP was unpleasant but needed to stabilize the financial pillars of the country. The auto bailout was a sop to the UAW in a swing state.

[EinsteinsGhost]

Originally Posted by shorebaby

I do. TARP was unpleasant but needed to stabilize the financial pillars of the country. The auto bailout was a sop to the UAW in a swing state.

I was expecting a more educated response as opposed to bickering. Try again, if you can.

PS. I'm not against bonuses being handed out by GM. The reason will be clear if you can respond to the above properly.

[shorebaby]

Originally Posted by EinsteinsGhost

I was expecting a more educated response as opposed to bickering. Try again, if you can.

PS. I'm not against bonuses being handed out by GM. The reason will be clear if you can respond to the above properly.

No bickering, simply stating facts.

You are being hypocritical, it is clear for all to see.

[bc42gb43]

Originally Posted by shorebaby

I do. TARP was unpleasant but needed to stabilize the financial pillars of the country. The auto bailout was a sop to the UAW in a swing state.

The GM bailout saved perhaps a million jobs throughout the country at a time when we were in the worst part of the financial crisis. If GM had liquidated, the recession would almost certainly have been an order of magnitude worse than it was.