What happened to all of the doom and gloom economic threads?

[phrodeau]

Thanks for quoting the clown. GM is a big success as long as it doesn't have to pay back the taxpayers.

Better the government holding GM stock than the 1%ers.

 

[koalabear]

Better the government holding GM stock than the 1%ers.

The 1%ers make better investments.

 

[phrodeau]

The 1%ers make better investments.

Have they created any jobs in America lately?

 

[koalabear]

Have they created any jobs in America lately?

Of course not, that's why no jobs exist in America. Not one single job any where!
On the other hand GM used bailout funds to build plants in China. yeah GM!

 

[RobDownSouth]

Of course the poverty line established by the government is politically oriented.

Yep, it sure is. I know that people like you tend to dismiss anything they don't like as "political", but the simple fact of the matter is that it's very difficult to determine a number N where N+1 ameliorates a poverty situation.

I challenge you to come up with a different, more accurate measurment.

The last time I checked over 40% of those under the line owned their own homes.

And your point is? Grandma not only has to be eating cat food, she has to be homeless before you'd consider her impoverished?

I'm not surprised you consider this amusing.

 

[RobDownSouth]

Thanks for quoting the clown. GM is a big success as long as it doesn't have to pay back the taxpayers.

Yep, you keep repeating that talking point as if repetition implies validity.

But then, you've been on record for almost two years now that you'd rather see America fail than Obama succeed.

Is that part of this "Marine Corps Honor" horseshit you're always lecturing us about?

 

[unregistered]

 

[unregistered]

 

[RobDownSouth]

Leftists have forced them out of the United States to do business, forcing them to create jobs elsewhere. Thank the communist you voted for masquerading as Democrats.

Still butthurt over the fact that he got his ass kicked in the 1960s. "Commies" and "Hippies".

 

[koalabear]

http://i305.photobucket.com/albums/nn233/koalabear_photo/18.gif

I still http://i305.photobucket.com/albums/nn233/koalabear_photo/18.gif

http://i305.photobucket.com/albums/nn233/koalabear_photo/18.gif but I ran out of twinkies

 

[phrodeau]

Why? The Taxpayer is going to get screwed.

What, when the capital gains tax increases? Oh, dear.

 

[unregistered]

 

[Sean Renaud]

GM shares have to hit $53 in order for the taxpayer to be paid back. Figure it out.

You keep saying that and I keep wondering how you come to this conclusion. It sounds like utter bullshit.

 

[unregistered]

 

[RobDownSouth]

Read the financial pages Sean, get informed. Actually that is the conventional thinking, but recently, in this thread I believe, I posted a Reason.Com story saying they will never get paid back. Read it here:

http://reason.com/archives/2011/05/24/general-motors-will-never-repa

"financial pages" to Vetteman consist of editorials about other editorials about financial news. Has to be filtered twice for Vetteman's protection.

 

[Dribble]

More oil was produced within the US under Obama than under GW. There are 4x more active oil rigs today than 4 years ago. (These are simple facts that can be easily Googled...I didn't know this until my drive in to work this morning when I heard it on NPR...so I Googled...fuck if it wasn't true). Since gas prices are rising largely because of the Iranian concern, we can always remove the sanctions and let them have the nukes they want. That would lower gas prices. But instead, people bitch. Can't have it both ways.

 

[mercury14]

Thanks for quoting the clown. GM is a big success as long as it doesn't have to pay back the taxpayers.

GM paid back its loans early. Now they have no debt to the US Treasury. What you're suggesting is that they somehow owe taxpayers a debt because the Treasury owns GM stock.

You think stock investment is the same thing as debt. Actually you don't think that, you just lying.

 

[koalabear]

Look! I am a MORON

We know.

 

[RobDownSouth]

More oil was produced within the US under Obama than under GW. There are 4x more active oil rigs today than 4 years ago. (These are simple facts that can be easily Googled...I didn't know this until my drive in to work this morning when I heard it on NPR...so I Googled...fuck if it wasn't true). Since gas prices are rising largely because of the Iranian concern, we can always remove the sanctions and let them have the nukes they want. That would lower gas prices. But instead, people bitch. Can't have it both ways.

you are, of course, correct sir/madam!

 

[mercury14]

More oil was produced within the US under Obama than under GW. There are 4x more active oil rigs today than 4 years ago. (These are simple facts that can be easily Googled...I didn't know this until my drive in to work this morning when I heard it on NPR...so I Googled...fuck if it wasn't true). Since gas prices are rising largely because of the Iranian concern, we can always remove the sanctions and let them have the nukes they want. That would lower gas prices. But instead, people bitch. Can't have it both ways.

I already linked this info directly from the EIA's website in one of Miles' threads. Conservatives are even able to ignore source data like this and brand it as liberal spin though, lol.

 

[Beco]

More oil was produced within the US under Obama than under GW. There are 4x more active oil rigs today than 4 years ago. (These are simple facts that can be easily Googled...I didn't know this until my drive in to work this morning when I heard it on NPR...so I Googled...fuck if it wasn't true). Since gas prices are rising largely because of the Iranian concern, we can always remove the sanctions and let them have the nukes they want. That would lower gas prices. But instead, people bitch. Can't have it both ways.

Thats not entirely true and thats not why prices are spiking in the US. It's part of it, for sure, but its all that speculation on Wall Street driving up oil here in the US. We have plently of oil here, but we're not seeing the benefit of less usage...

Our oil is being sold to China, Brazil and India

 

[mercury14]

Thats not entirely true and thats not why prices are spiking in the US. It's part of it, for sure, but its all that speculation on Wall Street driving up oil here in the US. We have plently of oil here, but we're not seeing the benefit of less usage...

Our oil is being sold to China, Brazil and India

Speculators are speculating because of Iran/Syria/Israel concerns. They don't just speculate for the hell of it.

 

[unregistered]

 

[unregistered]

 

[RightField]

The 1%ers make better investments.

Retirement funds own a lot of these investments also, and they represent you and me and many income earners.