GM/BO cooking the books

[dogtowner]

not that you have not already been shown this to be the case

as this is all BO seems to be running on (its the only thing close to a winner) Romney needs to make every single voter understand what really is going on.
all the gory details at the link

Would you hire President Obama as your financial adviser? Three years ago his administration invested more than $100 billion in taxpayer money to bail out General Motors. On Tuesday, the entire company, not just what the government owns, was worth less than $34 billion. By anyone’s definition, that investment is a glaring failure. Yet over the last few days the Obama campaign, in a $25 million marketing blitz, has flooded the airwaves with ads in battleground states, claiming the bailout should be counted a rousing success.

Unfortunately, assertions that “all loans have been repaid to the federal government,” that the bailout “saved more than one million American jobs,” that “U.S. automakers are hiring hundreds of thousands of new workers,” that GM is again the “number-one automaker” — all are based on creative accounting.

 

[Pandora]

I am shocked!!

 

[Gipper]

Just more corruption by this administration....it is overwhelming and the MSM ignores it...and where are the Rs on investigating all this corruption? If roles were reversed, the Ds would have multiple special prosecutors running...and the MSM would be cheering them on.

If Romney runs a campaign like Little Johnny did and fails to point out all the many lies and frauds committed by BO & Friends, he deserves to lose.

 

[Dr.Who]

"Would you hire President Obama as your financial adviser?"

I like that lin and may just hve to use it.

 

[Cruella]

Feds Refuse to Sell Their Shares of GM

General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent.
But Treasury officials aren’t interested in selling because it would mean posting a multibillion dollar loss during an election year, the Wall Street Journal reports.

 

[Texas_tea]

Feds Refuse to Sell Their Shares of GM

General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent.
But Treasury officials aren’t interested in selling because it would mean posting a multibillion dollar loss during an election year, the Wall Street Journal reports.

Hurting their image?
I have no intentions of ever buying a vehicle from government motors.

 

[Cruella]

Hurting their image?
I have no intentions of ever buying a vehicle from government motors.

That's what a lot of people are saying.....and doing (or not doing)

 

[Texas_tea]

That's what a lot of people are saying.....and doing (or not doing)

Also, considering some of the proceeds from government motors goes to the DNC is plenty enough to be a deal killer for me. I have no intentions of supporting the socialist democrat party, not directly or indirectly!

 

[dogtowner]

Feds Refuse to Sell Their Shares of GM

General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent.
But Treasury officials aren’t interested in selling because it would mean posting a multibillion dollar loss during an election year, the Wall Street Journal reports.

the administration cannot afford to so visibly expose the true costs of this union appeasing fiasco.

 

[Texas_tea]

the administration cannot afford to so visibly expose the true costs of this union appeasing fiasco.

No...
They cannot!

 

[dogtowner]

No...
They cannot!

they're having trouble enough with the meme of saving the companies and turning them into bonanzas without more attention to the losses associated to the massive premium they paid to get the unions their money (and it kills me that no one speaks of the 20k jobs outsourced as PART of the deal in order to get the union bosses their money and cover up the massive benefits hole the unions were responsible for and never made to explain where the money went).

this scam hurt the middle class and I'm a little ticked its not being aired out. maybe GOP is saving it for the "debates".

 

[Cruella]

this scam hurt the middle class and I'm a little ticked its not being aired out. maybe GOP is saving it for the "debates".

This is what Romney did at Bain. Went in to rescue businesses that were going bankrupt. He has the expertise, but I doubt he would even be asked these questions in a debate forum. And if he's giving speeches on it, there is no way the media will get it out there to the public. Look what they are trying to do to him just pointing out the dependency problem.

 

[dogtowner]

This is what Romney did at Bain. Went in to rescue businesses that were going bankrupt. He has the expertise, but I doubt he would even be asked these questions in a debate forum. And if he's giving speeches on it, there is no way the media will get it out there to the public. Look what they are trying to do to him just pointing out the dependency problem.

Romney shafted stock holders to gin up huge sums of money to make over to the unions ?
Please tell me you're kidding...

 

[Cruella]

Romney shafted stock holders to gin up huge sums of money to make over to the unions ?
Please tell me you're kidding...

No that's not what I was talking about. Romney went in to save businesses for the stock holders, not to hurt them. I was thinking more in terms of how Obama uses "saving the auto industry" as one of his accomplishments. This is Romney territory and it would be great if he could debate it with Obama. But I believe there are only going to be liberal sponsored debates, so there probably wouldn't be any opportunity for him to bring up Obama's disaster with the auto company.

 

[dogtowner]

No that's not what I was talking about. Romney went in to save businesses for the stock holders, not to hurt them. I was thinking more in terms of how Obama uses "saving the auto industry" as one of his accomplishments. This is Romney territory and it would be great if he could debate it with Obama. But I believe there are only going to be liberal sponsored debates, so there probably wouldn't be any opportunity for him to bring up Obama's disaster with the auto company.

had me going there for a minute....