tag:blogger.com,1999:blog-16816866.post4627502714263386721..comments2024-02-29T02:10:56.878-08:00Comments on J O S H U A P U N D I T: Obama Dumps GM Stock At Below Market Price;Taxpayers Likely Won't Recoup BailoutFreedom Fighterhttp://www.blogger.com/profile/13649470110087808596noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-16816866.post-33651569239853855972011-01-14T18:20:38.998-08:002011-01-14T18:20:38.998-08:00Your write: "Needess to say of the profits fr...Your write: "Needess to say of the profits from the UAW's equity in Government Motors will be recycled straight into the Democrat party coffers as political donations. Nice the way that works." <br /><br />Nice indeed, for the Democrats that is. Is there any thing the incoming House can do to put a stop to things like this? Unless they can put a stop to this with advantages like this there is simply no way the Republicans can have any hope of competeing with the Democrats. Essentially if these things are allowed to stand unchallenged we are well on the way to be a one party country and the Republican party will go extinct. <br /><br />Frankly, I'm no big fan of Republicans but for our Republic to function properly we need at least two or more vibrant and healthy political parties. Having two or more political parties makes it easier to hold leaders accountable. The leaders of each political party will shine a lignt on the corrupt actions of the others. Also, at election time, the voters will have some degree of choice at election time. <br /><br />If the Democrats are allowed to achieve one party rule, absolute power will corrupt absolutely and there will be no one to focus on Demcorat corruption. The same thing would apply if it were Republicans instead of Democrats who achieved one party rule but the Republicans don't have an unfair advantage like this. As such, there is no possibility of them achieving one party rule.<br /><br />If this isn't stopped, the Republicans have no chance to compete. As such, they either need to do all they can to put a stop to this or they need to surrender and simply be done with it. <br /><br />I think this would be a good job for the new RNC chair. Figure out a way to stop this practice. The survival of the Republican party and the Republic itself depends on it.B.Posternoreply@blogger.comtag:blogger.com,1999:blog-16816866.post-74850488878359084882011-01-14T09:13:50.920-08:002011-01-14T09:13:50.920-08:00Hello Anonymous,
It's actually pretty easy to ...Hello Anonymous,<br />It's actually pretty easy to see who benefited.<br /><br />Obama essentially gifted GM to the unions on the taxpayer's dime, if you know anything about this and how it went down. They received a premium price for their equity, ahead of the private stock holders who ended up with nothing. <br /><br />There were no 'loans' per se,merely a government taking of private property without compensation. <br /><br />The unions got money to shore up their pension funds and a huge $45 billion tax break from Obama on top of that that will ensure their 'investment' stays profitable...and Cicago-style, ensures that a sizeable amount of money will be kicked back in the form of contributions to Obama and the Democrats for some time, all at taxpayer expense.<br /><br />Regards,<br />RobFreedom Fighterhttps://www.blogger.com/profile/13649470110087808596noreply@blogger.comtag:blogger.com,1999:blog-16816866.post-61092748320320109682011-01-14T08:55:19.942-08:002011-01-14T08:55:19.942-08:00Look deeper. Who benefitted from this act? We ha...Look deeper. Who benefitted from this act? We have the most corrupt administration in the history of our country. I find it hard to believe that any action involving money was not used to transfer wealth to one of Obama's friends. Maybe ACORN, maybe unions, maybe the mob, but someone was made wealthy by this. Look deeper, follow the money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-16816866.post-47917237198161214532011-01-13T17:50:11.736-08:002011-01-13T17:50:11.736-08:00Indeed, to mix plays and borrow from the Bard'...Indeed, to mix plays and borrow from the Bard's <i>Richard III,</i> this is the winter of our discontent.<br /><br />That's especially apt with Jerry Brown and a solid slate of Leftist Democrats at the helm, and the new freedom granted them by the voters to create budgets with a simple majority, rather than the previous 2/3 which ensured at least some fiscal oversight.<br /><br />Nice to have you around as always DD. You elevate the discussion.Freedom Fighterhttps://www.blogger.com/profile/13649470110087808596noreply@blogger.comtag:blogger.com,1999:blog-16816866.post-89111430429940508362011-01-13T17:45:37.971-08:002011-01-13T17:45:37.971-08:00From the Nov 2010 Cal election results ( & fro...From the Nov 2010 Cal election results ( & from reading your columns ), I could tell that there was ' something rotten in the state of Denmark ' , erm, I mean California ( Kalifornia ? ). <br /><br />d/dAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-16816866.post-83814611649172313672011-01-13T16:59:54.361-08:002011-01-13T16:59:54.361-08:00In the case of California, the goose seems to be i...In the case of California, the goose seems to be in the process of fleeing for more business hospitable climes.Freedom Fighterhttps://www.blogger.com/profile/13649470110087808596noreply@blogger.comtag:blogger.com,1999:blog-16816866.post-57241983186280413222011-01-13T16:53:31.476-08:002011-01-13T16:53:31.476-08:00You have to love ' corporate socialism ' :...You have to love ' corporate socialism ' : the banks, the car companies, the trades unions ( particularly, the trades unions' strongmen ). Sigh ... the rest of us just pay, pay, pay. We created, during last October, a new contingency plan at our small business for a quick shutdown in anticipation of eventual equipment obsolescence ( it's very old equipment, & we refuse adamantly to go into debt in order to replace it ).<br /><br />Meanwhile, our beloved state has just raised the taxes again. We are already marginal, but they look upon any business as a golden goose. In Aesop's tale, they killed the goose.<br /><br />--dragon/dinosaurAnonymousnoreply@blogger.com