Socialist Obama to GIVE BACK GM to Americans! Chrysler later!

[delusianne]

Originally Posted by Glitch

Socialism = The collective or governmental ownership and administration of the means of production and distribution of goods.

There is no escaping the fact that the Affirmative Action President, just like Bush before him, is an extremist liberal socialist. Anyone who thinks otherwise either 1) does not comprehend the definition of socialism; and/or 2) lives in a fantasy world.

or understands the facts, provided aplenty in the links peppering this very thread!

[ovcatto]

Originally Posted by shorebaby

Heres one $130 billion

Auto bailout tab could top $130 billion - Feb. 18, 2009

Sorry, but that isn't anything approaching a defense of your position that shoring up all the auto parts infrastructure would have been cheaper.

Additionally, of that $130 billion:

48.5 billion are in the form of loan guarantees not direct payment.

That's 81.5 billion

9 billion is in the form of a line of credit.

That's 72 billion

The cash for clunkers amounted to 3 billion not the 16 billion as quoted in your link.

That's 69 billion

Direct loans, according to the story, amounts to 32.5 billion

That's 36.5 billion

According to the story their is a 9 billion tax credit on interest of car loans. That never materialized.

So the grand total (which the story doesn't account for) is 25.5 billion of what we don't know because the story doesn't say.

The next time you try to bolster even attempt to bolster your argument, try using real figures not ones that were proposed yet never implemented.

[Fleet]

Originally Posted by delusianne

?

http://www.foxnews.com/search-results/search?&q="ron%20bloom"&sort=docdatetime

all's ya needed to do was click the link ("Results") and see for yourself.

I'm talking about that other word that makes liberals giggle like schoolgirls.