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#21
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Itchin'
On Dec 7, 8:45*pm, Richard Henry wrote:
I don't know how much GM stock Obama owns, but the federal government is down to about 33% ownership and may yet break even on the bailout with GM. How many times have we heard news reports that they've paid it back? I have heard it 4-5 times. Only to find out that it's some kind of manipulation of the stats like only the gubmint can do. And it's more about public funds going to support the unions. They did it to themselves. |
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#22
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Itchin'
On Dec 7, 9:48*pm, down_hill wrote:
I got the 2500 suburban it is a screamer Gas or diesel? I now have the heavy 1/2 quad cab gmc with the 6.0. It gets along pretty good. I eventually want to get a bigger camper and spend more time on the road. So I'm looking at diesel for longevity and strength. |
#23
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Itchin'
On Dec 8, 8:47*am, pigo wrote:
On Dec 7, 8:45*pm, Richard Henry wrote: I don't know how much GM stock Obama owns, but the federal government is down to about 33% ownership and may yet break even on the bailout with GM. How many times have we heard news reports that they've paid it back? I have heard it 4-5 times. Only to find out that it's some kind of manipulation of the stats like only the gubmint can do. And Baghdad Bob goes all nutcase right wing conspiracy on us. And it's more about public funds going to support the unions. They did it to themselves. Holy ****. You gotta quit using vodka instead of milk on your cornflakes. |
#24
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Itchin'
On Dec 8, 8:47*am, pigo wrote:
On Dec 7, 8:45*pm, Richard Henry wrote: I don't know how much GM stock Obama owns, but the federal government is down to about 33% ownership and may yet break even on the bailout with GM. How many times have we heard news reports that they've paid it back? I have heard it 4-5 times. Only to find out that it's some kind of manipulation of the stats like only the gubmint can do. And it's more about public funds going to support the unions. They did it to themselves. The original TARP money they got in 2008 was paid back in 2010, including 7% interest, ahead of schedule. They still owe for later fed gov loans that happened before and during the old GM bankruptcy. When the old GM went bankrupt, the feds ended up with 61% ownership of the new GM, but sold a big chunk of that off on NGM's IPO day netting about $13 billion from the sale. At today's price, the remaining government holding is worth slightly less than half of the unpaid portion of the advances to GM. |
#25
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Itchin'
On Dec 8, 11:07*am, Richard Henry wrote:
On Dec 8, 8:47*am, pigo wrote: On Dec 7, 8:45*pm, Richard Henry wrote: I don't know how much GM stock Obama owns, but the federal government is down to about 33% ownership and may yet break even on the bailout with GM. How many times have we heard news reports that they've paid it back? I have heard it 4-5 times. Only to find out that it's some kind of manipulation of the stats like only the gubmint can do. And it's more about public funds going to support the unions. They did it to themselves. The original TARP money they got in 2008 was paid back in 2010, including 7% interest, ahead of schedule. *They still owe for later fed gov loans that happened before and during the old GM bankruptcy. When the old GM went bankrupt, the feds ended up with 61% ownership of the new GM, but sold a big chunk of that off on NGM's IPO day netting about $13 billion from the sale. *At today's price, the remaining government holding is worth slightly less than half of the unpaid portion of the advances to GM. Yeah. According to a government report? Is it like the ones that call not raising the amount you are going to spend by as much as first proposed a spending cut? |
#26
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Itchin'
On Dec 8, 11:14*am, pigo wrote:
Yeah. According to a government report? Is it like the ones that call not raising the amount you are going to spend by as much as first proposed a spending cut? I might go with Ford. The Van was a Ford. It worked! |
#27
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Itchin'
On Dec 8, 10:14*am, pigo wrote:
On Dec 8, 11:07*am, Richard Henry wrote: On Dec 8, 8:47*am, pigo wrote: On Dec 7, 8:45*pm, Richard Henry wrote: I don't know how much GM stock Obama owns, but the federal government is down to about 33% ownership and may yet break even on the bailout with GM. How many times have we heard news reports that they've paid it back? I have heard it 4-5 times. Only to find out that it's some kind of manipulation of the stats like only the gubmint can do. And it's more about public funds going to support the unions. They did it to themselves. The original TARP money they got in 2008 was paid back in 2010, including 7% interest, ahead of schedule. *They still owe for later fed gov loans that happened before and during the old GM bankruptcy. When the old GM went bankrupt, the feds ended up with 61% ownership of the new GM, but sold a big chunk of that off on NGM's IPO day netting about $13 billion from the sale. *At today's price, the remaining government holding is worth slightly less than half of the unpaid portion of the advances to GM. Yeah. According to a government report? Is it like the ones that call not raising the amount you are going to spend by as much as first proposed a spending cut? According to the market. You know, capitalism and all that. |
#28
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Itchin'
On Dec 8, 11:17*am, Richard Henry wrote:
According to the market. *You know, capitalism and all that. Ok. You know that when the gubmint spends 100m on something, and is due to spend 110m the next year, but only spend 108, they consider that a savings of 2 million, right? |
#29
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Itchin'
On 12/8/11 8:49 AM, pigo wrote:
I'm looking at diesel for longevity and strength. Make sure they don't sell you a phony diesel - gas block "beefed up" to stand the pressure. Those things break on the way out of the showroom. You want a designed diesel from someone's truck line. With the cold weather kit. |
#30
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Itchin'
On Dec 8, 11:23*am, pigo wrote:
On Dec 8, 11:17*am, Richard Henry wrote: According to the market. *You know, capitalism and all that. Ok. You know that when the gubmint spends 100m on something, and is due to spend 110m the next year, but only spend 108, they consider that a savings of 2 million, right? Damn. Bat**** crazy teabagger white trash insanity. |
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