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Most Democrats voted for the bailouts - most Republicans voted against them - and have been railing against them (socialism!) for the past 2 1/2 years.
Most Democrats voted for the bailouts - most Republicans voted against them - and have been railing against them (socialism!) for the past 2 1/2 years.
True, most Democrats voted for the bailouts, Republicans against, and yes, we didnt support them, calling them socialsm for the last 2 1/2 years.. But again, whats this have to do with Obama?
True, most Democrats voted for the bailouts, Republicans against, and yes, we didnt support them, calling them socialsm for the last 2 1/2 years.. But again, whats this have to do with Obama?
Are you nitpicking because I said Obama instead of Democrats? Democrats (incl. Obama) supported the bailouts, Republicans didn't/don't - and now Democrats can take credit for saving US jobs, providing capital to expand/modernize US auto plants, and with the bonus of having the money paid back. It will play well on the election trail.
Most Democrats voted for the bailouts - most Republicans voted against them - and have been railing against them (socialism!) for the past 2 1/2 years.
I just try and understand how people could possibly think this economy is any better then it was 2 1/2 yrs ago..and further more no economy should stay screwed up like ours is,unless the people in power don't understand economics and keep messing it up(I dont care if there DEM OR REP)...
Prime example FDR and the depression....It should have never lasted all those yrs unless "he and his econ. team was screwing it up and wasn't smart enough to see it".....Most economist worth there salt will tell you its imposssible to have a depression last 10 yrs and the way Obama is going, were going down the same damn road.
More people on welfare and food stamps is not cutting it in my book!
You going to nitpick because I said Obama instead of Democrats? Democrats (incl. Obama) supported the bailouts, Republicans didn't/don't - and now Democrats can take credit for saving US jobs, providing capital to expand/modernize US auto plants, and with the bonus of having the money paid back. It will play well on the election trail.
Its not a Democratic win either... The fact that the loan is being paid back, and with a profit, doesnt mean the loans were valid. Using that argument, the government should just create a national bank..
One thing we know from liberals, profit doesnt = to ok..
They didnt save any jobs, they just changed how the money was borrowed. The industry would have just borrowed money like Ford did while screwing the stock holders..
Are you nitpicking because I said Obama instead of Democrats? Democrats (incl. Obama) supported the bailouts, Republicans didn't/don't - and now Democrats can take credit for saving US jobs, providing capital to expand/modernize US auto plants, and with the bonus of having the money paid back. It will play well on the election trail.
That's not the American way. America was built on survival of the fittest not bailout the weakest.
Those companies should have failed and much stronger and better companies would have come in and taken over. What the bailouts did was let these companies stay in business and make the same mistakes again that caused them to fail in the first place.
Whats funny is that democrats complain that Trump should not run because he filed bankruptcy several times. Yet the same democrats think it's Ok to bailout companies that should have filed bankruptcy.
Chrysler will fail again even under Fiat because they didn't learn a thing through all of this. The top seller they have is the truck and they are looking to find ways to move away from them, talk about a stupid move.
Any business owner knows that you don't get away from your best seller, you find ways to boost sales even more with it. Coke learned that when they tried to make new coke and it was a big flop.
That's not the American way. America was built on survival of the fittest not bailout the weakest.
Those companies should have failed and much stronger and better companies would have come in and taken over. What the bailouts did was let these companies stay in business and make the same mistakes again that caused them to fail in the first place.
Whats funny is that democrats complain that Trump should not run because he filed bankruptcy several times. Yet the same democrats think it's Ok to bailout companies that should have filed bankruptcy.
Chrysler will fail again even under Fiat because they didn't learn a thing through all of this. The top seller they have is the truck and they are looking to find ways to move away from them, talk about a stupid move.
Any business owner knows that you don't get away from your best seller, you find ways to boost sales even more with it. Coke learned that when they tried to make new coke and it was a big flop.
busta
Actually, Darwin's theory of evolution was based on the survival of the fittest...America was founded on the ideal that all people are created equal and endowed with certain inalienable rights.
If the companies that were bailed-out are beginning to hire (GM) or to repay that money, then the economy benefits. Had Obama not bailed them out, the GOP would be complaining that he let businesses fail and we would have suffered a second great depression.
The Donald withdrew all by himself, once he realized that he wasn't being taken seriously...primarily due to his bankruptcies. Those were confined to his personal business, and are quite different from trying to prevent the entire collapse of a nation's economy, particularly at a time when leading economists offer advice that's at variance with one another.
Borrowing money to pay off a loan. Yeah, thats really turning things around.
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