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Old 06-25-2014, 07:43 AM
 
Location: Spring Hill Florida
12,135 posts, read 11,584,905 times
Reputation: 5988

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Quote:
Originally Posted by Vannort54 View Post
And so were the big banks, the big 3 are so big you have no idea how many people depend on them. If they were allowed to fold this country would of been in worse shape then it is now. Remember GM is one of the largest employers in the world. I don't here you talking about the wall street bail out. Besides GM and Chrysler paid it back. And I bet you drive an import right. If they went bk every state would feel the effect. Remember you also have suppliers and you also have Canadian workers that would be effected. There are companies down here that make parts for the big 3.
The Japanese, Germans and Koreans would have bought up the bankrupted companies. That would make the UAW union extinct.
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Old 06-25-2014, 02:45 PM
 
37 posts, read 41,702 times
Reputation: 56
Quote:
Originally Posted by Vannort54 View Post
And so were the big banks, the big 3 are so big you have no idea how many people depend on them. If they were allowed to fold this country would of been in worse shape then it is now. Remember GM is one of the largest employers in the world. I don't here you talking about the wall street bail out. Besides GM and Chrysler paid it back. And I bet you drive an import right. If they went bk every state would feel the effect. Remember you also have suppliers and you also have Canadian workers that would be effected. There are companies down here that make parts for the big 3.

For the record, government made money bailing out Wall Street, lost money(-20B) bailing out car industry. But which industry does everyone hate?
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Old 06-25-2014, 07:01 PM
 
4,314 posts, read 2,805,193 times
Reputation: 2630
Quote:
Originally Posted by flviking View Post
For the record, government made money bailing out Wall Street, lost money(-20B) bailing out car industry. But which industry does everyone hate?
Not at all, we dint even know the total cost of the bailout to even begin to calculate whether it's been paid off, by most calculations have that number at 24bn without counting tax losses on writeoffs.
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Old 06-25-2014, 07:24 PM
 
4,589 posts, read 4,015,242 times
Reputation: 4317
Quote:
Originally Posted by Vannort54 View Post
Why are wages so much lower in the south than the north for blue collar workers.
Because we're ran by republicans who would bring back slavery if they could. Find another state. There is no hope here!
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Old 06-25-2014, 07:26 PM
 
Location: FL
1,135 posts, read 2,053,802 times
Reputation: 776
Less unions.
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Old 06-25-2014, 07:32 PM
 
1,088 posts, read 948,744 times
Reputation: 659
Quote:
Originally Posted by That Guy You Met Once View Post
I thought most high-paying jobs were white collar.
That depends, there's master mechanics who with training and many years experience can earn up to 100k a year, depending on location, product line, that kind of stuff. I know this cause I'm or of them.
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Old 06-25-2014, 07:34 PM
 
1,088 posts, read 948,744 times
Reputation: 659
Quote:
Originally Posted by flviking View Post
For the record, government made money bailing out Wall Street, lost money(-20B) bailing out car industry. But which industry does everyone hate?
That's because Wall Street is ruled by greed and corruption. General Motors didn't bring our country to almost another depression, Wall Street did.
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Old 06-26-2014, 06:00 AM
 
3,046 posts, read 2,284,084 times
Reputation: 2104
Quote:
Originally Posted by Armyvet1 View Post
That's because Wall Street is ruled by greed and corruption. General Motors didn't bring our country to almost another depression, Wall Street did.

Hell yes wall street and big oil put this country into a deep depression. What happend to all that oil that Americans died to protect. And VP Dick Chaney former CEO of halliburton yea he made millions from the war. Everyone wants to bury a american car company but think its ok at what a former president and vp did. You don't think Bush did not prophet from the war, he is a oil man from Texas.
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Old 06-26-2014, 08:34 AM
 
1,693 posts, read 1,061,413 times
Reputation: 2249
Quote:
Originally Posted by DUNNDFRNT View Post
Not at all, we dint even know the total cost of the bailout to even begin to calculate whether it's been paid off, by most calculations have that number at 24bn without counting tax losses on writeoffs.


"Virtually all of the biggest financial institutions, from Bank of America (BAC
) and Goldman Sachs (GS) to Wells Fargo (WFC), have repaid their bailouts, with interest and dividends"

Can't say that with GM, Plus obozo made GM investors to take penny's on the dollars they invested while the unions got the sweet heart deals.


Banking Crisis is Over, But TARP Bailout is Still Alive and Kicking | Fox Business
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Old 06-26-2014, 08:39 AM
 
1,693 posts, read 1,061,413 times
Reputation: 2249
Quote:
Originally Posted by Vannort54 View Post
Hell yes wall street and big oil put this country into a deep depression. What happend to all that oil that Americans died to protect. And VP Dick Chaney former CEO of halliburton yea he made millions from the war. Everyone wants to bury a american car company but think its ok at what a former president and vp did. You don't think Bush did not prophet from the war, he is a oil man from Texas.
How about showing us how Chaney made millions and where bush made money. Stories are nice, but how about some proof??!!. By the way, oil prices are at all time highs, does that make Obama the biggest oil man of all time??
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