View Single Post
Old 06-18-2012, 10:25pm   #52
Craig
Bantayan Kids '13,'15
Points: 28,096, Level: 100
Activity: 0.4%
 
Craig's Avatar
 
Join Date: Apr 2012
Location: (nor/mal)
Posts: 8,971
Thanks: 1,224
Thanked 3,555 Times in 1,954 Posts
Gameroom Barn Bucks: $1037769
Default

Quote:
Originally Posted by Loco Vette View Post
Creating the program may or may not have been a Republican thing, I don't have the energy to research that right now.

However, providing a $500 million dollar loan to prop up the company, then restructuring it so that the stockholder (note singular) was placed ahead of the taxpayers on the repayment list (in a 100% about face on the treatment of stock and bondholders in the Chrysler/GM bailouts) is Obamaloving Democrat freewheeling politics at it's best.

Guess you get the President you paid for.

Oops yourself.
Oh, and Obonehead owned their stock; I guess that explains why he didn't want them to fail...too soon, anyway.
Craig is offline   Reply With Quote