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Either way, you are complaining about a single investment that went bad. It happens and was expected to happen. Smart and investing involves diversification and that is what the Stimulus did. I'm pretty sure we are well above zero if you take all the invested companies into account, not just cherry picked ones. Quote:
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http://www.politifact.com/truth-o-me...ed-716-billio/ |
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Oh and good business man Thurston... er, Mitt, saving the Olympics? Bullshit. The Olympics were saved by $1.5 Billion of our tax money, more than all seven previous American Olympics, even adjusted for inflation. Worse, how the money was spent. Quote:
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Slush money and kickbacks were a staple of the Olympics, at the highest level. Just this year, a few more of their highest international directors, were blatantly exposed for it.
In 2000, you either went along with the prevailing way the IOC ran things (and the national IC's beneath them also had problems with this), or you had no olympics - period. Through 2012, that is still true, they are finding out. Romney saved the Salt Lake City Olympics, when it was hanging with both feet over it's grave. He didn't do it with great bookkeeping, and he didn't do it for free. When you have to pay contractors for over time, and double time, and triple time, you're damn right, it costs a LOT of money. The incredible thing, is that he was able to save the Salt Lake City Olympics, at all. And, they are the ONLY Winter Olympics to date, that have shown a profit. That's another one of those FACTS, that are of no interest to you. I'm confident that YOU, sitting back in your recliner 12 years later, could have done a MUCH better job, however. :rolleyes: :rolleyes: |
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Numerous dealers had to be shut down, due to GM's fiscal crisis. They had a number of dealers that had to be closed. To achieve that number of dealer closings, Obama made sure that every GM dealer selected for closing, was NOT a contributor to his party, EXCEPT one black dealer. The Unions made out because they now are part of the ownership/management of GM. Democrats made out because their dealerships were left open. Stockholders in GM were screwed, although by law, they should have been protected in some cases. And the Gov't now tells GM what it wants them to do, since they own a portion of it, as well as having extensive regulatory powers. |
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Why attack Obama for not doing something when Consumer Reports is guilty of citing that problem and a solution? Why not attack the messenger? Oh. That would not promote the political agenda. GM - not Obama - revoked dealership franchises. Should have been done over a decade earlier when the problem was obvious. Helpful is to first learn facts rather than soundbytes. GM was revoking dealership franchises or made life difficult for any dealer who complained about crap GM products and other 'destroy jobs' GM policies (ie dumping warranty costs on the dealers). Before Obama, GM attacked dealers who best represented the interests of GM and America. Did extremist rhetoric also forget to mention that? Probably. But then soundbytes are a poor source of honesty. So let's do something that never appears in extremist rhetoric. Numbers. GM's market share was once 50%. When market share dropped to 20%, did the responsible (patriotic) management close dealerships? Of course not. By 2007, GM had increased to 6000 dealerships. Responsible management said that number had to drop to 3600. It probably should have been less. After Obama became president, GM management relented. GM still has 5000 dealerships. Why so many? Did all those dealerships contribute to the Obama campaign and remain open? A lie best defined by the resulting laughter. Too many in GM are still business school graduates. Cannot make hard decisions. Even after Obama fired the clearly dumb and wacko extremist Rick Wagoner. If responsible, then another 1000 GM dealerships would be closing. Why did you forget to include these numbers? Apparently your sources are political; not into facts and reality. Business school graduates are poor decision makers. Too many remain in GM even after Obama eliminated the top MBA - the worst of GM's problems. Numbers, that you routinely forget to include, are damning. |
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It must be fun to be the fox in charge of the hen house.
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You know, if you want to talk about gerymandering, you should talk to a Qld'er. We were in a gery state for about 20 years during my childhood and early adulthood. Some electorates only had about 5 people living in them! And they were the ones the National party relied on to get them into power every election for 2 decades.
Whether the party did a good job or not is beside the point. When the farmers are getting the say in how the state is run wholus bolus and people in other industry and urban areas have no say, life is not good for some. Many in fact. And that's not even talking about the criminal corruption evident at the time! |
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