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"Nationalizing" The Big 3....As We Speak

Mike

Well-known member
WASHINGTON – A key House Democrat is writing legislation that would send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid are pressing for quick passage of an auto bailout during a postelection session of Congress that begins Tuesday.

The legislation being drafted by Democratic Rep. Barney Frank, chairman of the Financial Services Committee, would dip into the $700 billion Wall Street rescue money approved by Congress last month for the auto aid. President Bush is cool to that idea, although the White House says he is open to helping the troubled industry.
 

Sandhusker

Well-known member
Mike said:
WASHINGTON – A key House Democrat is writing legislation that would send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid are pressing for quick passage of an auto bailout during a postelection session of Congress that begins Tuesday.

The legislation being drafted by Democratic Rep. Barney Frank, chairman of the Financial Services Committee, would dip into the $700 billion Wall Street rescue money approved by Congress last month for the auto aid. President Bush is cool to that idea, although the White House says he is open to helping the troubled industry.

Haven't these idiot liberals caused enough bad debt? :mad:
 
A

Anonymous

Guest
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

Just like I oppose giving huge Air Force and Army plane contracts to foreign companies owned by foreign countries-at a negative impact to a major US contractor- I also question whether we should allow production of all motorized vehicles left to foreign owned/foreign countries....
 

Sandhusker

Well-known member
Throwing money at a problem just doesn't make it go away. How is GM going to use that money to change things? What is the risk that we won't get our money back? It's obvious Pelosi and Frank don't know squat about lending, so why are they in that business? After the fiasco that Frank orchestrated in RE, why does he even have a job in Washington? Those idiots need to be tossed out on their arses, not allowed to write 25B notes.
 
A

Anonymous

Guest
Oldtimer said:
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

Just like I oppose giving huge Air Force and Army plane contracts to foreign companies owned by foreign countries-at a negative impact to a major US contractor- I also question whether we should allow production of all motorized vehicles left to foreign owned/foreign countries....

There are quite a few car companies that do not exist any more. I can name a few and there are proable more. Studebaker, Packhard, Hudson, Nash, Kaiser and I think way back in history there was an electric car. I think it was a Baker. Any one else care to add to the list. But I will agree with Oldtimer about our industrial base. You might look up Henry Ford's Willow Run Bomber plant, quite a feat during WWII.
 

nonothing

Well-known member
Sandhusker said:
Mike said:
WASHINGTON – A key House Democrat is writing legislation that would send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid are pressing for quick passage of an auto bailout during a postelection session of Congress that begins Tuesday.

The legislation being drafted by Democratic Rep. Barney Frank, chairman of the Financial Services Committee, would dip into the $700 billion Wall Street rescue money approved by Congress last month for the auto aid. President Bush is cool to that idea, although the White House says he is open to helping the troubled industry.

Haven't these idiot liberals caused enough bad debt? :mad:

Why not blame the bankers sandhusker..LOL.
 

Sandhusker

Well-known member
nonothing said:
Sandhusker said:
Mike said:
WASHINGTON – A key House Democrat is writing legislation that would send $25 billion in emergency loans to the beleaguered auto industry in exchange for a government ownership stake in the Big Three car companies.

House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid are pressing for quick passage of an auto bailout during a postelection session of Congress that begins Tuesday.

The legislation being drafted by Democratic Rep. Barney Frank, chairman of the Financial Services Committee, would dip into the $700 billion Wall Street rescue money approved by Congress last month for the auto aid. President Bush is cool to that idea, although the White House says he is open to helping the troubled industry.

Haven't these idiot liberals caused enough bad debt? :mad:

Why not blame the bankers sandhusker..LOL.

Bankers have to operate under the rules of the government. I'll agree that there were unscrupulous btards like Countrywide that were making loans that they knew dang well were bad, but they were making them because Fannie and Freddie were buying them and asking for more - and Fannie and Freddie were operating under the guidelines of Barney Frank and Chris Dodd. If the "bend the rules so more minorities can own a house" wasn't implemented in Washington by the libs, none of this would of happened.
 

TSR

Well-known member
Sandhusker said:
nonothing said:
Sandhusker said:
Haven't these idiot liberals caused enough bad debt? :mad:

Why not blame the bankers sandhusker..LOL.

Bankers have to operate under the rules of the government. I'll agree that there were unscrupulous btards like Countrywide that were making loans that they knew dang well were bad, but they were making them because Fannie and Freddie were buying them and asking for more - and Fannie and Freddie were operating under the guidelines of Barney Frank and Chris Dodd. If the "bend the rules so more minorities can own a house" wasn't implemented in Washington by the libs, none of this would of happened.

All this power by a minority party in Congress. :shock: :) :) Well now the Republicans are in the same position so we will see what they can accomplish. :? :) Isay it would have happened and it was a bipartisan effort or the Majority in Control could have done something to stop it. In many ways it was just the manifestation of greed by the rich who wanted to get richer
 

don

Well-known member
some people don't seem to think you have a whole lot to work with anyways.

http://www.cnbc.com/id/27641538

at least you've got one defender.
 

TexasBred

Well-known member
Oldtimer said:
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

Just like I oppose giving huge Air Force and Army plane contracts to foreign companies owned by foreign countries-at a negative impact to a major US contractor- I also question whether we should allow production of all motorized vehicles left to foreign owned/foreign countries....

OT....face the fact. The USA was a totally different country in those days. Freedom and sacrifice meant something. Nobody got po'd because perhaps their "rights" had been abused. They just gave because they cared. You couldn't get that kind of production today even with all the new technology. Like Nero, we'd still be fiddling while Rome burned.
 
A

Anonymous

Guest
hurleyjd said:
Oldtimer said:
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

Just like I oppose giving huge Air Force and Army plane contracts to foreign companies owned by foreign countries-at a negative impact to a major US contractor- I also question whether we should allow production of all motorized vehicles left to foreign owned/foreign countries....

There are quite a few car companies that do not exist any more. I can name a few and there are proable more. Studebaker, Packhard, Hudson, Nash, Kaiser and I think way back in history there was an electric car. I think it was a Baker. Any one else care to add to the list. But I will agree with Oldtimer about our industrial base. You might look up Henry Ford's Willow Run Bomber plant, quite a feat during WWII.

Yep- I used to have an old .45 Colt Auto- that was made by the Singer Sewing Machine factory....
I could just see I us getting in a pizzing match with China- and asking them to retool and gear up all their factories to supply us with war supplies to fight them with :???:
But all the neocons think the communist chinese are our bestest friends as long we can keep buying cheaper second rate products from them- and their global trader buddies can keep stuffing their pockets with cash- as the US infrastructure tumbles about them....
 

woranch

Well-known member
Oldtimer said:
hurleyjd said:
Oldtimer said:
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

Just like I oppose giving huge Air Force and Army plane contracts to foreign companies owned by foreign countries-at a negative impact to a major US contractor- I also question whether we should allow production of all motorized vehicles left to foreign owned/foreign countries....

There are quite a few car companies that do not exist any more. I can name a few and there are proable more. Studebaker, Packhard, Hudson, Nash, Kaiser and I think way back in history there was an electric car. I think it was a Baker. Any one else care to add to the list. But I will agree with Oldtimer about our industrial base. You might look up Henry Ford's Willow Run Bomber plant, quite a feat during WWII.

Yep- I used to have an old .45 Colt Auto- that was made by the Singer Sewing Machine factory....
I could just see I us getting in a pizzing match with China- and asking them to retool and gear up all their factories to supply us with war supplies to fight them with :???:
But all the neocons think the communist chinese are our bestest friends as long we can keep buying cheaper second rate products from them- and their global trader buddies can keep stuffing their pockets with cash- as the US infrastructure tumbles about them....

So Clinton is a neocon now??

Clinton Proposes Renewing China's Most-Favored Trade Status
Congressional reaction mixed amidst larger China policy issues
WASHINGTON (AllPolitics, June 3) -- President Bill Clinton on Wednesday proposed renewing most-favored-nation (MFN) trade status for China, saying it was "clearly in our nation's interest" as he urged Congress to support the request.



Most-favored-nation status offers low tariffs and treats countries as normal trading partners.

"Trade is also an important part of our relationship with China. Our exports have tripled over the last decade and now support over 170,000 American jobs," Clinton argued.

"This status does not convey any special privilege," Clinton said. "It is simply ordinary, natural fair treatment offered to virtually every nation on Earth."

Clinton cited China's hosting of a five-nation meeting in Geneva this week as an important example of the role Beijing can play in "meeting the challenges of the 21st Century."



http://www.cnn.com/ALLPOLITICS/1998/06/03/china.trade/
 

Mike

Well-known member
But all the neocons think the communist chinese are our bestest friends as long we can keep buying cheaper second rate products from them- and their global trader buddies can keep stuffing their pockets with cash

Hillary sat on the Board at Wal-Mart while they became the largest Chinese importer to the U.S.

Hillary? A neo-con????????? :roll: :roll: :roll: :roll:
 
A

Anonymous

Guest
woranch said:
Oldtimer said:
hurleyjd said:
There are quite a few car companies that do not exist any more. I can name a few and there are proable more. Studebaker, Packhard, Hudson, Nash, Kaiser and I think way back in history there was an electric car. I think it was a Baker. Any one else care to add to the list. But I will agree with Oldtimer about our industrial base. You might look up Henry Ford's Willow Run Bomber plant, quite a feat during WWII.

Yep- I used to have an old .45 Colt Auto- that was made by the Singer Sewing Machine factory....
I could just see I us getting in a pizzing match with China- and asking them to retool and gear up all their factories to supply us with war supplies to fight them with :???:
But all the neocons think the communist chinese are our bestest friends as long we can keep buying cheaper second rate products from them- and their global trader buddies can keep stuffing their pockets with cash- as the US infrastructure tumbles about them....

So Clinton is a neocon now??

Clinton Proposes Renewing China's Most-Favored Trade Status
Congressional reaction mixed amidst larger China policy issues
WASHINGTON (AllPolitics, June 3) -- President Bill Clinton on Wednesday proposed renewing most-favored-nation (MFN) trade status for China, saying it was "clearly in our nation's interest" as he urged Congress to support the request.



Most-favored-nation status offers low tariffs and treats countries as normal trading partners.

"Trade is also an important part of our relationship with China. Our exports have tripled over the last decade and now support over 170,000 American jobs," Clinton argued.

"This status does not convey any special privilege," Clinton said. "It is simply ordinary, natural fair treatment offered to virtually every nation on Earth."

Clinton cited China's hosting of a five-nation meeting in Geneva this week as an important example of the role Beijing can play in "meeting the challenges of the 21st Century."



http://www.cnn.com/ALLPOLITICS/1998/06/03/china.trade/

Actually yes-- he was annointed for the position by the Bilderbergers- and the World Banking Community-and all those pushing for a One World Order- and even Greenspan called him a neocon- and said that he was actually more "fiscally conservative" than GW Bush....
 

Mike

Well-known member
and even Greenspan called him [Bill Clinton] a neocon

I'd like to see that quote.

And even IF it's true, Greenspan is an 82 year old man that lost his faculties years and years ago.

Let's see the Bilderberg Appointment also...................... :lol: :lol:

But the main point of the topic is that we know who you were calling a neocon, and any sidestepping by you is disingenuous and false.

You were insinuating that Bush sold us out to China and you were shown the opposite.

Time for you to "Man-Up" for once. :roll:
 
A

Anonymous

Guest
Mike said:
and even Greenspan called him [Bill Clinton] a neocon

I'd like to see that quote.

And even IF it's true, Greenspan is an 82 year old man that lost his faculties years and years ago.

Let's see the Bilderberg Appointment also...................... :lol: :lol:

But the main point of the topic is that we know who you were calling a neocon, and any sidestepping by you is disingenuous and false.

You were insinuating that Bush sold us out to China and you were shown the opposite.

Time for you to "Man-Up" for once. :roll:

While Clinton is, as president, the visible leader in the relationship, the two men's friendship is as close to equal as can be in a bond involving the chief executive, friends of both men say. After all, it was Jordan who first introduced then-Gov. Clinton to world leaders at their annual Bilderberg gathering in Germany in 1991. Plenty of governors try to make that scene; only Clinton got taken seriously at that meeting, because Vernon Jordan said he was okay.

http://www.washingtonpost.com/wp-srv/politics/special/clinton/stories/jordan012798.htm

Bill Clinton Tells 'Paranoid Hecklers' that Bilderberg Didn't Influence NAFTA Deal

David Edwards and John Byrne / Raw Story | March 12, 2008

Campaigning for his wife in Erie, Pennsylvania, Bill Clinton returned fire at a heckler who began shouting about the former president's attendance at a 1991 invitation-only conference of wealthy powerbrokers -- "1991 Bilderberg" -- implying that discussion there led to unfair trade policy such as the North American Free Trade Agreement (NAFTA).

As the audience booed, Clinton replied: “Wait, wait, wait, wait, wait… This is the deal folks. All these folks that are paranoid at the world folks, come and scream at me everywhere. You said you would go if I answered the question, right? You said you would go if I answered the question…"

"All right, here’s the answer. I happened to be in Europe then on my way to Russia I was invited to go to Bilderberg by Vernon Jordan, a friend of mine and a genuine hero of the civil rights movement. And to the best of my knowledge NAFTA was not discussed by anybody in my presence. I happened to be on my way to Europe where people do not give a rip about NAFTA.

"Number two, okay. Number two. I tried to get labor and environmental standards in the agreement but I couldn’t because it was all negotiated when I got there.

"Number three. When I was president, we enforced our trade laws five times as much as the Bush Administration did… Family incomes went up $7,500 a year when I was president, they’re down $1,000 now. So I was not… I had a very good time talking to those Europeans about European affairs and what was going to happen to Russia but I was not somehow polluted by it into sacrificing America’s economic interests. America did a lot better when I was president than they did in this decade. And that’s the truth. Now. Goodbye. Thank you."
http://www.jonesreport.com/article/03_08/13clinton_bilderberg.html

Google Bilderberg and Clinton- and you come back with hundreds of connections...The Bildeerbergers vetted Clinton before annointing him, much more than McCain vetted Palin...... :wink:
 

rookie

Well-known member
Oldtimer said:
Can we afford to allow these to go under and disappear :???: ...As a student of History- I have to remember the number 1 thing that won us two World Wars was not our military strength- but our industrial/agricultural productivity and might...

I believe tha things we was good at which made a difference in tha wars I & II was tha ability ta make steel and fuel. I ain't thinkin the rest made a winnin difference. Hitler lost his ass cause we cut of his fuel. He was tryin ta make gasoline outta coal. Japan lost they asses cause we blew em off with tha atom bomb. We had all tha fuel and steel we needed. In case ya ain't noticed lately, our steel industry is pretty much down tha toilet, thanks in large part ta tha corrupt, democratic leanin unions, and as fer makin fuel, we ain't built no new refineries in a good while. So I ain't thinkin that lettin the auto industries go ta hell, which we outta, is gonna make any difference whatsoever.
 

Mike

Well-known member
Oldtimer said:
Mike said:
and even Greenspan called him [Bill Clinton] a neocon

I'd like to see that quote.

And even IF it's true, Greenspan is an 82 year old man that lost his faculties years and years ago.

Let's see the Bilderberg Appointment also...................... :lol: :lol:

But the main point of the topic is that we know who you were calling a neocon, and any sidestepping by you is disingenuous and false.

You were insinuating that Bush sold us out to China and you were shown the opposite.

Time for you to "Man-Up" for once. :roll:

While Clinton is, as president, the visible leader in the relationship, the two men's friendship is as close to equal as can be in a bond involving the chief executive, friends of both men say. After all, it was Jordan who first introduced then-Gov. Clinton to world leaders at their annual Bilderberg gathering in Germany in 1991. Plenty of governors try to make that scene; only Clinton got taken seriously at that meeting, because Vernon Jordan said he was okay.

http://www.washingtonpost.com/wp-srv/politics/special/clinton/stories/jordan012798.htm

Bill Clinton Tells 'Paranoid Hecklers' that Bilderberg Didn't Influence NAFTA Deal

David Edwards and John Byrne / Raw Story | March 12, 2008

Campaigning for his wife in Erie, Pennsylvania, Bill Clinton returned fire at a heckler who began shouting about the former president's attendance at a 1991 invitation-only conference of wealthy powerbrokers -- "1991 Bilderberg" -- implying that discussion there led to unfair trade policy such as the North American Free Trade Agreement (NAFTA).

As the audience booed, Clinton replied: “Wait, wait, wait, wait, wait… This is the deal folks. All these folks that are paranoid at the world folks, come and scream at me everywhere. You said you would go if I answered the question, right? You said you would go if I answered the question…"

"All right, here’s the answer. I happened to be in Europe then on my way to Russia I was invited to go to Bilderberg by Vernon Jordan, a friend of mine and a genuine hero of the civil rights movement. And to the best of my knowledge NAFTA was not discussed by anybody in my presence. I happened to be on my way to Europe where people do not give a rip about NAFTA.

"Number two, okay. Number two. I tried to get labor and environmental standards in the agreement but I couldn’t because it was all negotiated when I got there.

"Number three. When I was president, we enforced our trade laws five times as much as the Bush Administration did… Family incomes went up $7,500 a year when I was president, they’re down $1,000 now. So I was not… I had a very good time talking to those Europeans about European affairs and what was going to happen to Russia but I was not somehow polluted by it into sacrificing America’s economic interests. America did a lot better when I was president than they did in this decade. And that’s the truth. Now. Goodbye. Thank you."
http://www.jonesreport.com/article/03_08/13clinton_bilderberg.html

Google Bilderberg and Clinton- and you come back with hundreds of connections...The Bildeerbergers vetted Clinton before annointing him, much more than McCain vetted Palin...... :wink:

Where's the quote by Greenspan?

All you have shown is that where Clinton attended a Bilderberg meeting..... :roll: :roll: :???: :roll: :lol:
 
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