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| Opinions & Editorials Discuss Why Do These Guys Hate American Workers? at the General Forum; Why Do These Guys Hate American Workers? I read this by Eric Kleefeld last night... ..and followed the links provided ... |
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Why Do These Guys Hate American Workers?
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YOU TO FAIL"...it's the American way....
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"Government by organized money is just as dangerous as Government by organized mob"-FDR http://jeffersonblog.history.org/doe...ecision-making |
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The year was 1979. Jimmy Carter was in the White House. G. William Miller was Treasury Secretary. And Chrysler was in trouble. Would the federal government help save he nation's number three automaker? Economist John Kenneth Galbraith suggested that taxpayers be "accorded an appropriate equity or ownership position" for the loan. "This is thought a reasonable claim by people who are putting up capital." Under the leadership of Lee Iacocca, Chrysler doubled its corporate average miles-per-gallon (CAFE). In 1978, Chrysler introduced the first domestically produced front-wheel drive small cars: the Dodge Omni and Plymouth Horizon. In 1983, Chrysler paid off the loans that had been guaranteed by US taxpayers. The Treasury was also $350 million richer. What Was The Chrysler Bailout? - Political History: The Chrysler Bail Out
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"Government by organized money is just as dangerous as Government by organized mob"-FDR http://jeffersonblog.history.org/doe...ecision-making |
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And here is the error in your comparison...
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It's a takeover!... ![]() IF...IF IF IF IF IF...The government handed over TARP (or any other) loans to Chrysler and they ran their business where they either defaulted on the loans or paid them back in full, you'd have a viable comparison... But that's NOT what is happening... In your scenario of Carter's era, they government did NOT interfere with the day-to-day operations...nor did they influence company policy (or in this case, dictate)... They simply said "Here's some money...get your ducks in a row and pay us back." (and through the brilliance of Iacocca, someone who was NOT forced into the position by the government, took the ball and ran with it...like a champ)... Not anywhere close to what's happening now... ![]()
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"You get the respect that you give" - cnredd |
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"Government by organized money is just as dangerous as Government by organized mob"-FDR http://jeffersonblog.history.org/doe...ecision-making |
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You betcha! There aren't enough warm bodies left in the Republican Party to even clean up the bloody mess they've made for themselves.![]()
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![]() I know I'm sort-of pulling a fast punch with this, but I just don't understand how keeping traditions is more important to right-wingers than life itself as it would seem. |
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NASA currently recieves very little from federal funding, percentage wise, but still a child of the federal government.
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"Power always has to be kept in check; power exercised in secret, especially under the cloak of national security, is doubly dangerous." -William Proxmire “Patriotism is supporting your country all the time, and your government when it deserves it.” - Mark Twain |
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U.S. Postal Service Blames Weak Economy For Further Job Cuts - cbs11tv.com PostalReporter.com Blog NAPS: USPS May Lose $3 Billion By Year’s End And, they may be getting a bailout... (well, they just want to rob retirees for the funds) National Association of Postal Supervisors Legislative and Regulatory Update
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"...baseball...It reminds of us of all that once was good and it could be again." --- Terence Mann (field of dreams) |
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You are talking about supporting your theory. But you don't mention the fact that it would economically destroy thousands of lives. This is a good reason the right isn't in charge.
Ya know when everything looked like it was coming apart at the seams at the end of the last republican administration it was pretty well agreed across the spectrum that government intervention was needed to support the economy before it crumbled. We would have been in the ****er had there not been intervention. But as I predicted the right has a memory about as long as their.... ![]() Its embarrasing to watch the right biting at each other. Saying moronic things like boycott America. I never realized how crazy they could get. They would destroy peoples lives to prove their theory. They are sick puppies and don't deserve to lead the country. Quote:
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LinkBack to this Thread: http://www.politicalwrinkles.com/opinions-editorials/7644-why-do-these-guys-hate-american-workers.html
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| saltwn's blog - StumbleUpon | This thread | Refback | 06-12-2009 05:16 AM | |