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retarded thread
Quote from: mrtks on April 03, 2009, 11:07:18 AMIf they are going to get big money from the government to save their companies, then they have to abide by the rules like no big bonuses.True. It's no different than a group of investors coming in, buying them and then revamping the way they do business. Remember, if these companies were actually capable of wiping their own butts they wouldn't be in the position they are. The Big 3 automakers made up over 50% of the market. Yet they're folding??? Obviously, they are totally incapable of making sound decisions on their own.
If they are going to get big money from the government to save their companies, then they have to abide by the rules like no big bonuses.
Quote from: Sandman (formally GhostRider) on April 03, 2009, 11:13:39 AMQuote from: mrtks on April 03, 2009, 11:07:18 AMIf they are going to get big money from the government to save their companies, then they have to abide by the rules like no big bonuses.True. It's no different than a group of investors coming in, buying them and then revamping the way they do business. Remember, if these companies were actually capable of wiping their own butts they wouldn't be in the position they are. The Big 3 automakers made up over 50% of the market. Yet they're folding??? Obviously, they are totally incapable of making sound decisions on their own. small difference - a group of investors represents private money - not our tax dollars. you expecting a dividend when/if these corporations turn it around? how many shares did you get?
The ability to create money will haunt us
The way I see it, Obama has until September to blame everything on Bush.Afterall, Bush (and his people) basically blamed 9/11 on Clinton nine months into his administration.We'll call it the "Nine Month Bush Exception".
Quote from: Snook on April 05, 2009, 10:18:00 AMThe way I see it, Obama has until September to blame everything on Bush.Afterall, Bush (and his people) basically blamed 9/11 on Clinton nine months into his administration.We'll call it the "Nine Month Bush Exception".Because you think that we're stupid enough to believe that no one ever did it before Bush? Or because it's just a convenient slur to fit your agenda?
Quote from: Snook on April 05, 2009, 10:18:00 AMThe way I see it, Obama has until September to blame everything on Bush.Afterall, Bush (and his people) basically blamed 9/11 on Clinton nine months into his administration.We'll call it the "Nine Month Bush Exception".Bush wasn't in the Senate (where the real blame lies) prior to becoming Prez. I don't think Obama should get that pass. The first (failed) bailout might have been while Bush was in office, but Obama (and McCain) were in on the drafting of it (or at least could/should have been).President Obama might not deserve all the heat, but Senator Obama (and Sen. Clinton, Sen. Biden, Rep. Emanuel et al) certainly do.
So Obama deserves all the blame for the economy?