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Trump saves over 400 jobs in PA......

D

Deleted member 21794

Guest
Obama saved a million jobs when he kept GM and Chrysler from going under...but that was a bad thing.

You guys are hilarious
Actually, it was George W. Bush that saved GM and Chrysler. Even YOU have stated "Bush saved them". This is one of many reasons rational people call them Bushbama.

And of course, leaving the taxpayers on the hook to reward incompetence was a bad thing. Now more than ever:

 

llovejim

Current Champion
Obama saved a million jobs when he kept GM and Chrysler from going under...but that was a bad thing.

You guys are hilarious
you hit the nail on the head.....there is almost a day that does not go by some trump stooge will blame obama for wasting money saving GM and Chrysler instead of just letting them die, putting millions of additional workers connected to those two giant companies like vendors and car dealers and truckers moving the cars around the country and all the tangentially related folks who would have lost their jobs if they had folded. Right in the middle of the Bush Recession, when millions had already lost their job in just a few years, adding a million more, going from taxpayer to tax beneficiary for benefits and other federally funded programs. but trump saved 400!! quick, build a statue!!
 

llovejim

Current Champion
Not fair! Those employees were about to become DemocRAT voters, er, ummm.... get better jobs. Now they're trapped at Sikorsky, dammit!
it is hard to believe any trump voter believes trump does anything if there is not some sort of political or economic gain involved. he has no compassion, no heart, no soul. it is all calculated crap to appeal to his strangely gullible base. look at how many workers and vendors he has stiffed over the years as a greedy corporate pig boss.
 

middleview

President
Supporting Member
Actually, it was George W. Bush that saved GM and Chrysler. Even YOU have stated "Bush saved them". This is one of many reasons rational people call them Bushbama.

And of course, leaving the taxpayers on the hook to reward incompetence was a bad thing. Now more than ever:

Yup Bush lent them enough to stay afloat until it became Obama's problem. Please explain why they needed so much more money in 2009 to avoid liquidation.
 

llovejim

Current Champion
Actually, it was George W. Bush that saved GM and Chrysler. Even YOU have stated "Bush saved them". This is one of many reasons rational people call them Bushbama.

And of course, leaving the taxpayers on the hook to reward incompetence was a bad thing. Now more than ever:

why do you lie so much? lack of information or lack of honesty? it is true, at the demands of the democratic congress, and because at heart Bush was a decent man, he did sign an executive order for 17.4 billion dollars to save the two carmakers, when the repubs in congress stopped the majority democrats from passing a funding bill...good for him!! but it was not nearly enough to save the two companies, and it was a temporary funding plan meant to last until March, after Obama became president, Bush signed the executive order on December 19th, 2008, after Obama won the presidency but a few weeks before he took office.....but that was just enough to kick the can down the road until the new President could continue it and add enough funding and reforms on how to restructure the two companies to make it work. The 17.4 billion was a start of what eventually became about an 80 billion dollar bailout, most of which has been repaid.

Bush announces $17.4 billion auto bailout


By MIKE ALLEN and DAVID ROGERS


12/19/2008 08:22 AM EST

https://www.politico.com/story/2008/12/bush-announces-174-billion-auto-bailout-016740


Auto Industry Bailout (GM, Chrysler, Ford) - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics › Financial Crisis

The auto industry bailout of GM, Ford, and Chrysler cost $80 billion. It's mostly been ... They warned that General Motors Company and Chrysler LLC faced bankruptcy and the loss of 1 million jobs. ..

Bailout Scorecard | Eye on the Bailout | ProPublica

https://projects.propublica.org/bailout/

Feb 25, 2019 - Below is a complete breakdown of the latest numbers in our bailout database. ... INFLOWS: $740 billion Money returned and paid to Treasury as interest, dividends, fees or to repurchase ... Auto Companies, $79.7B ... The Treasury has been earning a return on most of the TARP money invested or loaned.
 

Nutty Cortez

Dummy (D) NY
why do you lie so much? lack of information or lack of honesty? it is true, at the demands of the democratic congress, and because at heart Bush was a decent man, he did sign an executive order for 17.4 billion dollars to save the two carmakers, when the repubs in congress stopped the majority democrats from passing a funding bill...good for him!! but it was not nearly enough to save the two companies, and it was a temporary funding plan meant to last until March, after Obama became president, Bush signed the executive order on December 19th, 2008, after Obama won the presidency but a few weeks before he took office.....but that was just enough to kick the can down the road until the new President could continue it and add enough funding and reforms on how to restructure the two companies to make it work. The 17.4 billion was a start of what eventually became about an 80 billion dollar bailout, most of which has been repaid.

Bush announces $17.4 billion auto bailout


By MIKE ALLEN and DAVID ROGERS


12/19/2008 08:22 AM EST

https://www.politico.com/story/2008/12/bush-announces-174-billion-auto-bailout-016740


Auto Industry Bailout (GM, Chrysler, Ford) - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics › Financial Crisis

The auto industry bailout of GM, Ford, and Chrysler cost $80 billion. It's mostly been ... They warned that General Motors Company and Chrysler LLC faced bankruptcy and the loss of 1 million jobs. ..

Bailout Scorecard | Eye on the Bailout | ProPublica

https://projects.propublica.org/bailout/
Feb 25, 2019 - Below is a complete breakdown of the latest numbers in our bailout database. ... INFLOWS: $740 billion Money returned and paid to Treasury as interest, dividends, fees or to repurchase ... Auto Companies, $79.7B ... The Treasury has been earning a return on most of the TARP money invested or loaned.


ProPublica ? LOL !!!!!! Far lefty Much comrade ?

The U.S. government lost $11.2 billion on its bailout of General Motors, almost $1 billion more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December, according to a government report released on Wednesday.

The $11.2 billion loss includes a write-off in March of the government's remaining $826 million investment in "old" GM, the quarterly report by a Treasury watchdog said.

https://www.nbcnews.com/business/autos/oops-gm-bailout-cost-taxpayers-almost-1b-more-estimated-n93816
 
D

Deleted member 21794

Guest
why do you lie so much? lack of information or lack of honesty? it is true, at the demands of the democratic congress, and because at heart Bush was a decent man, he did sign an executive order for 17.4 billion dollars to save the two carmakers, when the repubs in congress stopped the majority democrats from passing a funding bill...good for him!! but it was not nearly enough to save the two companies, and it was a temporary funding plan meant to last until March, after Obama became president, Bush signed the executive order on December 19th, 2008, after Obama won the presidency but a few weeks before he took office.....but that was just enough to kick the can down the road until the new President could continue it and add enough funding and reforms on how to restructure the two companies to make it work. The 17.4 billion was a start of what eventually became about an 80 billion dollar bailout, most of which has been repaid.

Bush announces $17.4 billion auto bailout


By MIKE ALLEN and DAVID ROGERS


12/19/2008 08:22 AM EST

https://www.politico.com/story/2008/12/bush-announces-174-billion-auto-bailout-016740


Auto Industry Bailout (GM, Chrysler, Ford) - The Balance

https://www.thebalance.com › Investing › US Economy › Hot Topics › Financial Crisis

The auto industry bailout of GM, Ford, and Chrysler cost $80 billion. It's mostly been ... They warned that General Motors Company and Chrysler LLC faced bankruptcy and the loss of 1 million jobs. ..

Bailout Scorecard | Eye on the Bailout | ProPublica

https://projects.propublica.org/bailout/
Feb 25, 2019 - Below is a complete breakdown of the latest numbers in our bailout database. ... INFLOWS: $740 billion Money returned and paid to Treasury as interest, dividends, fees or to repurchase ... Auto Companies, $79.7B ... The Treasury has been earning a return on most of the TARP money invested or loaned.
Specifically, what did I lie about?
 

Drumcollie

* See DC's list of Kook posters*
Lockheed Martin’s Pennsylvania plant to remain open after Trump’s request, saving over 400 jobs

Lockheed Martin Corp. Opens a New Window. announced Wednesday it will keep the Sikorsky helicopter plant in Pennsylvania open after President Trump Opens a New Window. requested the facility remain active, saving about 465 jobs.

Marillyn Hewson, the company’s chairman and CEO, said in a statement posted on Twitter that she decided to keep the facility in Coatesville open because “it’s a good operation with an excellent workforce.”

“At the request of President Trump, I took another look at our decision to close the Coatesville, PA, facility and have decided to keep it open while we pursue additional work,” Hewson said in a statement Wednesday. “It’s a good operation with an excellent workforce. We look forward to working with the government and PA Congressional delegation to find more for this facility.”

___________________________

Ok, liberals...go ahead. Find fault with even a 'temporary stay of execution here. I'm sure the over 400 workers would much have preferred to be out of work sooner, rather than later, right?
That is the state that won it for Trump...Because they remembered Bill's NAFTA (Not Another Fricking Trade Agreement) and they remember Bill killing their jobs.
 

Drumcollie

* See DC's list of Kook posters*
U.S. government says it lost $11.2 billion on GM bailout ...
https://www.reuters.com/article/us-autos-gm-treasury-idusbrea3t0mr20140430
Apr 30, 2014 · The U.S. government lost $11.2 billion on its bailout of General Motors Co , more than the $10.3 billion the Treasury Department estimated when it sold its remaining GM shares in December ...

  • Author: Eric Beech
 

llovejim

Current Champion
Agreed Obama didn't do crap.
learn how to read. bush approved 17.4 billion on december 19th, 2008, just weeks before obama, who had been elected in November, took office in January. a total of 80 billion was used to save the two companies, and almost all of it was paid back. even a trump stooge should be able to figure out bush is responsible for about 1/4th of the funding, 17.4 billion, of a total 80 billion, leaving 75% of the credit going to Obama for saving those two companies and millions of workers in the depth of the Bush Recession.

can you not read a lick?
 
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