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Author Topic: the new global bank of USA?  (Read 1384 times)
kathyp
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« on: October 21, 2011, 12:02:45 AM »

http://abcnews.go.com/Blotter/car-company-us-loan-builds-cars-finland/story?id=14770875
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
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« Reply #1 on: October 21, 2011, 12:51:47 AM »

Very likely another $500 million we’ll never see again….  

Wonder if Finski knows where this place is located?  Maybe he’s making our next car!!!!
I bet it will be well insulated if so grin

The reason GM and Chrysler went bankrupt is because the auto industry requires huge amounts of capital to run for even one day.  That requires huge volumes of sales to remain in business.  When there is no market for your cars, or the criminals on Wall Street kill the credit market, sales stop and auto companies quickly run out of working capital and have to go bankrupt.

I feel the odds are much greater those two companies will run out of capital long before they are a viable profitable entity.  When you run out of capital you go bankrupt.  See DeLorean!

Tesla might get bought out by somebody like Toyota and survive as a name, but my bet is Fisker and our $500 million is toast.  What a waste of money. 
« Last Edit: October 21, 2011, 04:20:09 AM by BlueBee » Logged
Tommyt
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« Reply #2 on: October 21, 2011, 07:08:38 AM »

Very likely another $500 million we’ll never see again….  
Its just Amearican tax money Cry
A mear 500 Million at that
This group spends and gives away our money like its worthless
Which, I feel is their Plan  evil
US dollar = .25 before he gets out of the Big House
JMHO

Tommyt
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Scadsobees
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« Reply #3 on: October 21, 2011, 08:14:53 AM »

That's refreshing!  Finally!

It is a loan, and the company is NOT in the business of failing.  That's different!  Perhaps the ol' government finally made a loan that will be paid back!!  Not that they should be in the lending business.  Although some brilliant bureaucrat will probably still do a stock trade for payback and we'll still end up with zero, just to keep their record going.

Last time they made a loan like that to an american company, we ended up with a big ZERO!! (solyndra)  Finland is  better than California.  Chronic warm sunny weather must make people stupid.
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kathyp
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« Reply #4 on: October 21, 2011, 09:43:36 AM »

bluebee i want you to sit before you read any farther.

i agree with you.  well, almost all of what you wrote.  just...
Quote
the criminals on Wall Street kill the credit market
  might be something to require clarification.

 
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
kathyp
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« Reply #5 on: October 21, 2011, 09:45:27 AM »

scads, much of what we didn't get back for GM was supposed to be loans also.  all the loans that these kids don't want to pay back are not government loans through management and guarantee. 

loaning money is another way of controlling outcome. 
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
Francus
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« Reply #6 on: October 21, 2011, 10:21:17 AM »



Out of 192 countries in the world, we give money to 150 of them. Now that's disgusting
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iddee
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« Reply #7 on: October 21, 2011, 11:04:58 AM »

"""bluebee i want you to sit before you read any farther.

i agree with you.  well, almost all of what you wrote.  just...
Quote
the criminals on Wall Street kill the credit market

  might be something to require clarification."""

DITTO.... Dang, did it really freeze over?  huh
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Irwin
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howdy all


« Reply #8 on: October 21, 2011, 11:11:59 AM »

Darn it's geting cold Thank's iddee
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Fight organized crime!  Re-elect no one.
BlueBee
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« Reply #9 on: October 21, 2011, 03:21:02 PM »

Well…..it does get cold here

I do live north of Hell.  Hell, Michigan that is grin  http://en.wikipedia.org/wiki/Hell,_Michigan

The crisp cold air helps in bringing clarity to ones mind  Smiley
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kathyp
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« Reply #10 on: October 21, 2011, 06:30:59 PM »

or it slows the blood flow to the point no oxygen reaches the brain.  your choice  evil
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
Larry Bees
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« Reply #11 on: October 21, 2011, 08:15:03 PM »

http://www.youtube.com/watch?v=_ocVj6UWiDI#

Out of 192 countries in the world, we give money to 150 of them. Now that's disgusting


I agree!
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BlueBee
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« Reply #12 on: October 21, 2011, 08:25:31 PM »

I’m still convinced that if we had a REAL democracy in this country (as opposed to our pseudo version via representation) this kind of stuff would NEVER get passed by the people.   We’re broke, why on God’s green (and blue) Earth are we giving everybody ELSE money?  

While we’ll always have some differences in opinion, there are things like this that I’m convinced the VAST majority of voters would agree on and never approve.  

Can we add REAL democracy to the Occupy Wall Street list of demands?
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kathyp
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« Reply #13 on: October 21, 2011, 08:34:20 PM »

real democracy leads to oppression of the minority.  is that what you really want?  real democracy is just as destructive as a totalitarian government.  it is just subject to the whims of the mob rather than the whims of one.
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
AllenF
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« Reply #14 on: October 21, 2011, 08:56:41 PM »

Also with a democracy, we would never get anything passed (which might be good).   Can you imagine voting on crap every weekend.   And would you be educated on everything you were voting on to vote right?
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kathyp
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« Reply #15 on: October 21, 2011, 09:20:52 PM »

Quote
And would you be educated on everything you were voting on to vote right?

great point.  i wonder how many people can name their state reps and local pols, judges, and congressmen off the top of their heads?  probably not many.  if people don't get educated on what/who they vote for now, hard to think they'd do it on every issue.
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
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« Reply #16 on: October 21, 2011, 09:27:47 PM »

Yep, here’s our representatives getting “educated” during session.    Please, give us REAL people a little more credit!

Edit....I just removed the link to the photo since it started showing a big green face with it's tongue out!  There is a copy at this website: http://www.snopes.com/photos/politics/solitaire.asp

Anyways the photo showed some legislators hard at work playing solitaire on their computers while in session.
« Last Edit: October 21, 2011, 09:45:15 PM by BlueBee » Logged
kathyp
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« Reply #17 on: October 21, 2011, 11:02:33 PM »

what do you bet they were re-elected after this?  i don't know who they are.  would be interesting to see what has become of them. 
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.....The greatest changes occur in their country without their cooperation. They are not even aware of precisely what has taken place. They suspect it; they have heard of the event by chance. More than that, they are unconcerned with the fortunes of their village, the safety of their streets, the fate of their church and its vestry. They think that such things have nothing to do with them, that they belong to a powerful stranger called “the government.” They enjoy these goods as tenants, without a sense of ownership, and never give a thought to how they might be improved.....

 Alexis de Tocqueville
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