Socialism Returns to France

[kalm]

Joe Stiglitz, Robert Kuttner, Nomi Prins, Matt Taibbi, Bill Black, have all been saying the same thing. You are quickly becoming Kalm's favorite armchair economist!

(Please don't tell Baldy though, he won't understand)

Nobody gets a bailout. Unemployment insurance stops now. Gotta get the public off the public teat. But I digress. Don't think Kuttner, Stiglitz and Krugman agree with that.

I agree with that too. Although I would point out that much of the unemployment problem now is related to cuts in state and local governments.

[dal4018]

http://www.bbc.co.uk/news/world-europe-17975660

He got about 52% of votes in Sunday's run-off, according to early projections, against 48% for centre-right incumbent Nicolas Sarkozy.

Mr Sarkozy has admitted defeat, saying: "Francois Hollande is the president of France and he must be respected."

Analysts say the vote has wide implications for the whole eurozone. Mr Hollande has vowed to rework a deal on government debt in member countries.

It will be interesting to see how this plays out.

Socialism never left France!!!!

[BDKJMU]

There you go again, Jimmy. Let GM and Citigroup fail next time. Just don't touch my Social Security, my local post office, or my farm subsidy.

LOL you call my post naive and then you say this. GM is now the #1 automaker in the world and has paid back its bailout money. Swing and miss. Next on the chopping block is citigroup, and if you had your way, AIG was next. Lets see here, let the dominoes start falling and watch what happens I guess? There wouldn't have been a recession if those two giants went bankrupt. There would have been a world wide depression.

WRONG! GM and GM's former financing arm GMAC (now Ally Financial) haven't come close to replaying their bailout $.

Updated as of May 9:

GM was givem 51 billion, and only 23 billion + 694 million revenue has been returned to the taxpayer.
GMAC was given 16 billion, and only 3 billion + 3 billion revenue has been returned to the taxpayer.

Between the 2 the taxpayers are still 37 billion in the hole.
http://projects.propublica.org/bailout/list" onclick="window.open(this.href);return false;

GM and GMAC will likely NEVER pay back all of their bailout $.

[BDKJMU]

France: What the U.S. will be like in 5 years. Minus the muslins.

yea ok...people who compare countries like France and Greece to the U.S. are delusional. Scare tactics at their finest!

Like Greece and France on a much larger scale. You apparently are too delusional to see that.

[Baldy]

NOOOOOO!

Joe Stiglitz, Robert Kuttner, Nomi Prins, Matt Taibbi, Bill Black, have all been saying the same thing. You are quickly becoming Kalm's favorite armchair economist!

(Please don't tell Baldy though, he won't understand)

No, it's that you are finally beginning to understand.

[kalm]

Joe Stiglitz, Robert Kuttner, Nomi Prins, Matt Taibbi, Bill Black, have all been saying the same thing. You are quickly becoming Kalm's favorite armchair economist!

(Please don't tell Baldy though, he won't understand)

No, it's that you are finally beginning to understand.

[CID1990]

I like pie


Also Sodomy

[Seahawks08]

Like Greece and France on a much larger scale. You apparently are too delusional to see that.

Hi Rush!!! Perfect example of someone who doesn't know what he/she is talking about!

[BDKJMU]

Like Greece and France on a much larger scale. You apparently are too delusional to see that.

Hi Rush!!! Perfect example of someone who doesn't know what he/she is talking about!

Yeah, just like some idiot who thought GM had paid back all their bailout $

[YoUDeeMan]

Hi Rush!!! Perfect example of someone who doesn't know what he/she is talking about!

Yeah, just like some idiot who thought GM had paid back all their bailout $

[YoUDeeMan]

http://bostonglobe.com/news/nation/2012 ... story.html" onclick="window.open(this.href);return false;


Democratic California Governor Brown is making $8.3 BILLION cuts to public salaries and social spending...and threatening more cuts if his outrageous demands aren't met.

Damned Donks don't care about the people! California needs a recall election!


jellybean, Cap'n Cat, D1B...get over there and straighten things up...vote Brown out!

[kalm]

http://bostonglobe.com/news/nation/2012 ... story.html


Democratic California Governor Brown is making $8.3 BILLION cuts to public salaries and social spending...and threatening more cuts if his outrageous demands aren't met.

Damned Donks don't care about the people! California needs a recall election!


jellybean, Cap'n Cat, D1B...get over there and straighten things up...vote Brown out!

Wait, I thought Democratic governors were in the hip pocket of public employees and only increased spending.

Meanwhile, conks everywhere continue to trumpet high unemployment.

[GannonFan]

Wait, I thought Democratic governors were in the hip pocket of public employees and only increased spending.

Well, like Greece, there does come a time when you've borrowed and spent so much that you just can't do it anymore. California might be reaching that point now.

[Seahawks08]

yea my bad. Apparently the article I read was for the new GM only. Didn't mention anything about the other two older companies. I'll do my due diligence next time. In other words, I said a half truth.

http://www.politifact.com/truth-o-meter ... s-auto-co/



P.S. You complained about name calling in another thread yet you do it here. Hypocrite much?