http://news.investors.com/article/616849/201207030826/gm-bailout-taxpayer-loss-rises-as-shares-fall.htm

the beat goes on ...

QuakerOats;1217731 wrote:http://news.investors.com/article/616849/201207030826/gm-bailout-taxpayer-loss-rises-as-shares-fall.htm

the beat goes on ...

lol such fraud.

I still can't believe our government actually bailed out a private company. I could begrudgingly see the need to bail out the banks, but GM should be toast right now. Simply incredible.

http://washingtonexaminer.com/obama-hates-bain-but-loves-bain-backed-staples/article/2501246

Simply classic!


American capitalism: affirming the hypocrisy of liberals, for over 200 years.

"Of course, there's no chance that the Obama administration will sell off its GM stake before Election Day. That would force Obama to recognize actual losses, which would remind voters that the bailout was a massive transfer from taxpayers to "

Don't forget the investors. It was a massive transfer of investor capital (largely big pensions and mutual funds with the retirement funds of those taxpayers) to the unions, as well.

gut;1217912 wrote:It was a massive transfer of investor capital (largely big pensions and mutual funds with the retirement funds of those taxpayers) to the unions, as well.

I'm shocked.

I heard from a little birdie that the attorney general may be in some trouble very soon

http://www.bloomberg.com/news/2012-07-06/payrolls-in-u-s-rose-80-000-in-june-jobless-rate-at-8-2-.html

Another pathetic jobs report. This is what you get when a capitalist economy is being governned and administered by socialists/marxists.

The only solution is to elect Mr. Romney in November, as obama continues to prove he is The Master at keeping people unemployed. What a national travesty.

I heard someone say today that black people who are against the president are jealous of him. So basically if you are white and against the president's policies or job performance you are automatically racist and black people are jealous of him. Crazy.

Today's real headlines:

Just 80,000 jobs added in June...
One-third at temp agencies...
85,000 WENT ON DISABILITY IN JUNE!
Unemployment rate for blacks jumps to 14.4%...
Rate stuck at 11% for Hispanics...
780,000 Fewer Women Employed Under Obama...
WHITE HOUSE: 'NO QUICK FIXES'...
Romney: 'It Doesn't Have To Be This Way'...
Anxiety mounts as economy limps into 2nd half...
DOW PLUNGES...
Team Obama predicted 5.6% today with stimulus...
IMF to cut global growth forecast...
'Tilted to the downside'...

QuakerOats;1219778 wrote:Today's real headlines:

Just 80,000 jobs added in June...
One-third at temp agencies...
85,000 WENT ON DISABILITY IN JUNE!
Unemployment rate for blacks jumps to 14.4%...
Rate stuck at 11% for Hispanics...
780,000 Fewer Women Employed Under Obama...
WHITE HOUSE: 'NO QUICK FIXES'...
Romney: 'It Doesn't Have To Be This Way'...
Anxiety mounts as economy limps into 2nd half...
DOW PLUNGES...
Team Obama predicted 5.6% today with stimulus...
IMF to cut global growth forecast...
'Tilted to the downside'...

Obama 2 Million illegal voters.. when will they show up on the unemployment graph
http://www.foxnews.com/opinion/2012/06/15/obama-move-on-immigration-is-unconstitutional-disaster-for-unemployed/

Sad that more people got disability benefits in June than found a job. Nanny state indeed.

QuakerOats;1219735 wrote:http://www.bloomberg.com/news/2012-07-06/payrolls-in-u-s-rose-80-000-in-june-jobless-rate-at-8-2-.html

Another pathetic jobs report. This is what you get when a capitalist economy is being governned and administered by socialists/marxists.

The only solution is to elect Mr. Romney in November, as obama continues to prove he is The Master at keeping people unemployed. What a national travesty.

Along the lines of "the private sector is doing fine", here's another good one from the Prez:

http://www.therightscoop.com/obama-todays-jobs-report-a-step-in-the-right-direction/

QuakerOats;1219735 wrote:http://www.bloomberg.com/news/2012-07-06/payrolls-in-u-s-rose-80-000-in-june-jobless-rate-at-8-2-.html

Another pathetic jobs report. This is what you get when a capitalist economy is being governned and administered by socialists/marxists.

The only solution is to elect Mr. Romney in November, as obama continues to prove he is The Master at keeping people unemployed. What a national travesty.

"
Among those having trouble finding full-time work is Dave Marshall of Tampa, Florida. The 23-year-old Army reservist, who works part time for two security firms in the area, said he has been unable to find a job that utilizes his degree in sociology from the University of Florida in Gainesville. "

Wow, that's truly shocking. :rolleyes:

On this day in 2008 workforce was 144,735,372
On this day in 2012 workforce is 142,243,042

On this day in 2008 Food Stamp recipients = 30,941,965
On this day in 2012 Food Stamp recipients = 46,287,203

On this day in 2008 unemployment was 9,437,568
On this day in 2012 unemployment is 12,764,881

On this day in 2008 actual unemployment was 13,491,828
On this day in 2012 actual unemployment is 22,870,197

On this day in 2008 the national debt was 9.84 trillion
On this day in 2012 the national debt is 15.83 trillion.

On this day in 2008 the Us population was 304,370,309
On this day in 2012 the US population is 313,901,131

The population has grown by 9.5 million and the workforce has declined by 2.5 million in 4 years, yet Obama claimed today in Poland, Ohio that he has created over 4 million jobs in past 28 months.

obama recently said “the private sector is doing fine”. He obviously does not understand the private sector, because in the private sector, with a track record like the one above, he would have been fired 2 years ago.

I Wear Pants;1219872 wrote:"Among those having trouble finding full-time work is Dave Marshall of Tampa, Florida. The 23-year-old Army reservist, who works part time for two security firms in the area, said he has been unable to find a job that utilizes his degree in sociology from the University of Florida in Gainesville. "Wow, that's truly shocking. :rolleyes:

No kidding, such a useful Bachelor's Degree...lol

Roll-your-own cigarette stores nationwide shutter at midnight...

Entire industry put out of business by stroke of Obama's pen...



Where does it end

QuakerOats;1219936 wrote:obama recently said “the private sector is doing fine”. He obviously does not understand the private sector, because in the private sector, with a track record like the one above, he would have been fired 2 years ago.

The private sector has outsourced about 5 million jobs. And this is Obama's doing? Might want to check out Obama's legislation that provides tax incentives for the private sector in bringing the jobs back here. Gee, why didn't your bud George think of that?

In the unlikely event Mitt wins the Presidency all of those "misery index" statistics will fade to nearly zero.

Of course, Mitt and his handlers will simply eliminate all social programs, reduce taxes to nearly zero for corporations, cut the top 1%'s tax rate eliminate many government agencies and put an end to Medicare, Social Security and Medicaid. There will be no need to keep labor statistics, because the labor force will all be overseas.

The only available jobs will be in the military. Given Mitt's hard-line rhetoric toward Iran and China, there should be a lot of turnover in those military jobs. With casualty rates at an all-time high, we will need a steady supply of warm bodies to keep the wars going.

stlouiedipalma;1220116 wrote:In the unlikely event Mitt wins the Presidency all of those "misery index" statistics will fade to nearly zero.

Of course, Mitt and his handlers will simply eliminate all social programs.

Yeah because that was his habit as gov, right? :rolleyes:

reduce taxes to nearly zero for corporations

good

cut the top 1%'s tax rate

there you go again . . .:rolleyes:

eliminate many government agencies

good

and put an end to Medicare, Social Security and Medicaid

there you go again . . .:rolleyes:

There will be no need to keep labor statistics, because the labor force will all be overseas.

Please explain how cutting corporate tax rates to nearly zero will send more labor overseas.

Wow this is rich. 80,000 jobs added is "a step in the right direction" but peek back to May 2004, Barry had a different opinion . . .

http://www.therightscoop.com/obama-in-2004-dismisses-job-creation-of-310000-new-jobs/

"Without government cuts since 08 unemployment rate is 7.3%"

http://blogs.wsj.com/economics/2012/07/06/federal-job-cuts-outpacing-state-local-reductions/?mod=e2tw

Even still if public sector jobs had grown at the rate they did for Reagan or Bush 43 after their recessions we'd have an unemployment rate approaching the level Obama's team projected in the stimulus. They failed to take into account that public sector jobs are only allowed to exist when republican presidents need them to pad their unemployment stats. Sad. It is a simple fix but the hate of Obama prevails.

jhay78;1220170 wrote:Yeah because that was his habit as gov, right? :rolleyes:



good



there you go again . . .:rolleyes:



good



there you go again . . .:rolleyes:



Please explain how cutting corporate tax rates to nearly zero will send more labor overseas.

Please tell me what Ireland's corporate tax rate is. How's that working out? The effective rate dormant u.s. business associations is very low. Apple pays a lower tax rate than you do and its relatively easy to do.

BoatShoes;1220189 wrote:"Without government cuts since 08 unemployment rate is 7.3%"

http://blogs.wsj.com/economics/2012/07/06/federal-job-cuts-outpacing-state-local-reductions/?mod=e2tw

And without record low workforce participation, the unemployment rate is 12%.

See how that works?