The Fox Guarding the Henhouse?

[Larry Gude (Premo)]

Originally Posted by aps45819

Why the hell didn't GM go into Chapter 11?
I realize there is no chance of that now since Obama took over ownership.

Easy. Because George W. Bush bailed them out. Without him, they would have had to go into bankruptcy last fall, long before Obama and company could come to their rescue.

Why did Bush do it? Some think because he is a Republican it must have been necessary. I think it was because he thought it might hurt McCain's chances to win the election if didn't bail them out.

If so, when a Republican bails out a union that is, was and always will be opposed to the GOP, and thinks it will help the country or the GOP, then that is indicative of how lost the GOP is.

[Tilted]

Originally Posted by BoyGenius

And who probably holds the credit default swaps? If you guess AIG or someone else already in the bailout trough, then ding, ding, ding, winner, winner, chicken dinner!!!

So the taxpayers pickup the bill regardless.

If there were a lot of cds's taken out on those bonds, then you are more than likely right - I'd bet at least some were issued by AIG and other institutions which have received bailout funds.

[Tilted]

Originally Posted by Larry Gude

Easy. Because George W. Bush bailed them out. Without him, they would have had to go into bankruptcy last fall, long before Obama and company could come to their rescue.

Why did Bush do it? Some think because he is a Republican it must have been necessary. I think it was because he thought it might hurt McCain's chances to win the election if didn't bail them out.

If so, when a Republican bails out a union that is, was and always will be opposed to the GOP, and thinks it will help the country or the GOP, then that is indicative of how lost the GOP is.

I've little doubt that Michigan's and, to a greater degree, Ohio's electoral votes and congressional seats factored into the calculus in some way, shape or form.

[Larry Gude (Premo)]

Originally Posted by Tilted

I've little doubt that Michigan's and, to a greater degree, Ohio's electoral votes and congressional seats factored into the calculus in some way, shape or form.

Right. Which is why one should have few principles, but deeply held ones.

If the GOP is going to do fundamental things, regardless of the reason, that are at odds with the very core of what Republicanism is, then there is no rationale for it to exist other than to serve itself.

How does a Republican make the argument against socialism if they supported it?

[Tilted]

Originally Posted by Larry Gude

Right. Which is why one should have few principles, but deeply held ones.

If the GOP is going to do fundamental things, regardless of the reason, that are at odds with the very core of what Republicanism is, then there is no rationale for it to exist other than to serve itself.

How does a Republican make the argument against socialism if they supported it?

Larry = preacher

Tilted = choir

[Larry Gude (Premo)]

Originally Posted by Tilted

Larry = preacher

Tilted = choir

It's like being in a bad, recurring nightmare. The whole Paulson circus, walking out every couple of days with another crumpled up cocktail napkin; "Well, last night, we came up with this..." And Geithner was right in the middle of all this. And the president says "We just gotta do this..." And McCain suspends his campaign to, obviously, stand up and say "No and hell, no!" and then voted for it.

One man, in his maverick hands, the right time, the right place, could have, if not stopped this madness, could be this towering, true maverick who put country before party and been the one, the ONE, standing there saying "I told you this was stupid..."

What a moment in time!

[imatard]

The sad part about all this is Chrysler is right behind them. On the front page of the washington times is an article about the Obama admin trying to push thru a deal for the unions to take a majority owership in chrysler. Watch out Ford, im sure Obama is comming for you next.

[ylexot (Premo)]

Originally Posted by imatard

The sad part about all this is Chrysler is right behind them. On the front page of the washington times is an article about the Obama admin trying to push thru a deal for the unions to take a majority owership in chrysler. Watch out Ford, im sure Obama is comming for you next.

Would that be an example of the workers controlling the means of production? Karl would be proud.



But it's ok...Obama isn't socialist