Obama Labeled a "Commie"...

[AZGrizFan]

Guess what? We don't get to SET the rules in the world any more.

No, the WTO does. But China obviously doesn't care.

WTO and UN were the worst two organizations ever invented.

[Grizalltheway]

No, the WTO does. But China obviously doesn't care.

WTO and UN were the worst two organizations ever invented.

League of Nations was worse.

[kalm]

WTO and UN were the worst two organizations ever invented.

League of Nations was worse.

BCS is worse.

[Grizalltheway]

League of Nations was worse.

BCS is worse.

[BigSkyBears]

...by Pravda!

Could the former mouth of the Communist Party know what they're talking about? Maybe. This op-ed piece seems to think otherwise, as the Pravda opinion writer is a known conservative. The President has been endorsed by the US Communist Party in the past, but that is not proof, either.

Personally, I believe that he is at least a closet Socialist, but proving it would be like the Birther thingie: probably not going to happen.

http://www.digitaljournal.com/article/337780

And would have a problem with him if he is a Socialist?

[BDKJMU]

You give no evidence to prove that GM, who has paid almost 50% back will not payback the rest.

But so far, there is nothing to support a claim that Ally or GM will not repay. It's all speculation....

Henceforth, GM is still paying its loan and other than naysayers like yourself, there is zero evidence that the loan will not be repaid....

All of this talk about the the taxpayers losing money on the bailout is speculation tied to the Treasury selling all of its shares at once, which it hasn't done in other instances and will never do.....

"Washington - The Treasury Department's banks today can start selling off the government's remaining 300.1 million shares in General Motors Co.

The Treasury — which plans to sell its 19 percent stake in the Detroit automaker by the end of March 2014 — said it had filed a written trading plan for its stake......

.......The Treasury has said it "intends to sell its shares into the market in an orderly fashion and fully exit its remaining GM investment within the next 12-15 months, subject to market conditions."........

......The government needs to get $72 per share for its remaining shares to break even on its $49.5 billion GM bailout. It initially held a 61 percent stake before selling about half of its shares in GM's November 2010 IPO at $33 a share

GM shares fell on Friday in afternoon trading to $29.21, down $0.28, or 1 percent. At current prices, the Treasury would lose more than $12 billion on its GM bailout......"

http://www.detroitnews.com/article/2013 ... z2IMXcBdXS" onclick="window.open(this.href);return false;

[houndawg]

So was Eisenhower a communist when the tax rates were 91% and he built the interstates using public funding? How about the GI Bill? Cuz in capitalism, those GI's should have footed their own bill and UPS, big AG, and Detroit should have built the roads.

Obama is the epitome of corporatist/crony capitalist. Which means you should really like him SH.

If Obama is a capitalist then you couldn't tell by the way Wall Street thinks of him.They hate his guts which is fine by me!!!

For the same reason bank robbers hate cops.

[Ibanez]

You give no evidence to prove that GM, who has paid almost 50% back will not payback the rest.

But so far, there is nothing to support a claim that Ally or GM will not repay. It's all speculation....

Henceforth, GM is still paying its loan and other than naysayers like yourself, there is zero evidence that the loan will not be repaid....

All of this talk about the the taxpayers losing money on the bailout is speculation tied to the Treasury selling all of its shares at once, which it hasn't done in other instances and will never do.....

"Washington - The Treasury Department's banks today can start selling off the government's remaining 300.1 million shares in General Motors Co.

The Treasury — which plans to sell its 19 percent stake in the Detroit automaker by the end of March 2014 — said it had filed a written trading plan for its stake......

.......The Treasury has said it "intends to sell its shares into the market in an orderly fashion and fully exit its remaining GM investment within the next 12-15 months, subject to market conditions."........

......The government needs to get $72 per share for its remaining shares to break even on its $49.5 billion GM bailout. It initially held a 61 percent stake before selling about half of its shares in GM's November 2010 IPO at $33 a share

GM shares fell on Friday in afternoon trading to $29.21, down $0.28, or 1 percent. At current prices, the Treasury would lose more than $12 billion on its GM bailout......"

http://www.detroitnews.com/article/2013 ... z2IMXcBdXS" onclick="window.open(this.href);return false;

You can't claim victory in the future for bullshit you spat out last month.

[JohnStOnge]

So was Eisenhower a communist when the tax rates were 91% and he built the interstates using public funding? How about the GI Bill?

I think that there is an element of Marxist thought in the idea of a progressive income tax system; and I think a 91% marginal tax rate especially reflects the spirit of the "from each according to his ability and to each according to his need" slogan Marx popularlized.

Don't know if Eisenhower was the cause of the 91% marginal rate though. I think building interstates is a legitimate function of government. It's part of doing what I think government should do: Provide the basic infrastructure within which the society can function. It's not the same as trying to ensure the well being of each individual.

I think the GI Bill can be viewed as compensating military personnel for their service. That, to me, was not a something for nothing thing. Military personnel were not and are not paid a whole lot And sometimes, such as during World War II, a lot of them really go through Hell. I see nothing wrong with government making something like what they got through the GI Bill part of their compensation. It's not paying for somebody's college just because they exist. They actually had to have done something to earn what they got.

[BDKJMU]

"Washington - The Treasury Department's banks today can start selling off the government's remaining 300.1 million shares in General Motors Co.

The Treasury — which plans to sell its 19 percent stake in the Detroit automaker by the end of March 2014 — said it had filed a written trading plan for its stake......

.......The Treasury has said it "intends to sell its shares into the market in an orderly fashion and fully exit its remaining GM investment within the next 12-15 months, subject to market conditions."........

......The government needs to get $72 per share for its remaining shares to break even on its $49.5 billion GM bailout. It initially held a 61 percent stake before selling about half of its shares in GM's November 2010 IPO at $33 a share

GM shares fell on Friday in afternoon trading to $29.21, down $0.28, or 1 percent. At current prices, the Treasury would lose more than $12 billion on its GM bailout......"

http://www.detroitnews.com/article/2013 ... z2IMXcBdXS" onclick="window.open(this.href);return false;

You can't claim victory in the future for bullshit you spat out last month.

Told you so.

[Ibanez]

You can't claim victory in the future for bullshit you spat out last month.

Told you so.

Did you really waste your time to dig this up? Are you really proud/boasting that, your 50/50 guess was right? A broken clock is right twice a day. That's pathetic.

[BDKJMU]

Told you so.

Did you really waste your time to dig this up? Are you really proud/boasting that, your 50/50 guess was right? A broken clock is right twice a day. That's pathetic.

That wasn't 50/50. Most people realized it was highly likely the taxpayers were going to eat a huge loss on the GM bailout. I'd say more like 90/10.

[Ibanez]

Did you really waste your time to dig this up? Are you really proud/boasting that, your 50/50 guess was right? A broken clock is right twice a day. That's pathetic.

That wasn't 50/50. Most people realized it was highly likely the taxpayers were going to eat a huge loss on the GM bailout. I'd say more like 90/10.

But at that point, 11-12 months ago, GM had repaid 50% of the debt. There weren't any warning signs to suggest that they might not repay the remaining amount. Just that that the GOVERNMENT might sell its share. So it's the Gov't that is wasting the $10B, not the fact that GM is not paying or refusing to pay it's debt.

Did that make sense?

Having all that said, The gov't sold it's stake in the company (how capitalist of them) but does that necessarily mean GM is off the hook? I don't remember all the stipulations of repayment.

If so, then our government is the absolute worst at making deals.

[Chizzang]

For the love of Pete
Does anybody on here know what communism actually is...?



Try wikipedia for starters - you know - just to get the basic definition correct

This thread has been like listening to Glenn Beck explain what a Nazi is
hysterical - yes - but wildly incorrect

[Ibanez]

For the love of Pete
Does anybody on here know what communism actually is...?



Try wikipedia for starters - you know - just to get the basic definition correct

This thread has been like listening to Glenn Beck explain what a Nazi is
hysterical - yes - but wildly incorrect

Obama isn't a communist or a socialist. Commies, generally, do NOT authorize the bailout of public companies and then allow control of those companies to slowly revert back to the public.

Commies, generally, run everything as an agent of the state.

[Cap'n Cat]

No, the WTO does. But China obviously doesn't care.

WTO and UN were the worst two organizations ever invented.

Elaborate for us, please, Einstein. Why are they so?

Z:


"WTO and UN were the worst two organizations ever invented."

[Chizzang]

For the love of Pete
Does anybody on here know what communism actually is...?



Try wikipedia for starters - you know - just to get the basic definition correct

This thread has been like listening to Glenn Beck explain what a Nazi is
hysterical - yes - but wildly incorrect

Obama isn't a communist or a socialist. Commies, generally, do NOT authorize the bailout of public companies and then allow control of those companies to slowly revert back to the public.

Commies, generally, run everything as an agent of the state.

Sure...
There's also the key distinction in conversation about Communism
1) Are we talking about communism in theory (what it is on paper)
2) Are we talking about historical examples of communism in practice (true commune society)
3) Are we talking about dictatorships / junta's / Factions / Gangs that call themselves Communists yet are 100% the ruling elite funneling all funds and resources into their control


we gotta establish the ground rules of the conversation first... communism is an old word
with a long history - it means many many things

[Cap'n Cat]

Obama isn't a communist or a socialist. Commies, generally, do NOT authorize the bailout of public companies and then allow control of those companies to slowly revert back to the public.

Commies, generally, run everything as an agent of the state.

Sure...
There's also the key distinction in conversation about Communism
1) Are we talking about communism in theory (what it is on paper)
2) Are we talking about historical examples of communism in practice (true commune society)
3) Are we talking about dictatorships / junta's / Factions / Gangs that call themselves Communists yet are 100% the ruling elite funneling all funds and resources into their control


we gotta establish the ground rules of the conversation first... communism is an old word
with a long history - it means many many things

Conks don't understand that, Chizzie. If Rush or Hannity or Mark Levin says someone is a "Communist", they're a Communist. Case closed.