Added: 2 years ago
From: CSPAN
Views: 6,084
Sort by time | Sort by thread (beta)

Link to this comment:

Share to:

All Comments (117)

Sign In or Sign Up now to post a comment!
  • Stop allowing banks to give loans to people who are not qualified to repay them. Stop allowing GM, whose unions price the company out of the marketplace, to bankrupt the company.

    Let them fail.

  • Obama was just on TV lauding his accomplishment of creating 55,000 jobs for GM with the bailout. Lets do the math : $55,000,000,000 bailout to create 55,000 jobs. That's $1 million dollars a job. Average pay for a GM worker : $75,000.00 a year. 13 years worth of salary to KEEP paying a GM worker that much money. So now we can pay MORE money than usual for a GM car, which is the company I have always chosen to buy my cars from. Brilliant! What a moron. You laud this as an accomplishment?

  • GM and Chrysler would have reorged under the bankruptcy courts, they were not going to liquidate. The idea that he helped GM is an illusion. He bailed out the unions. Helping the unions is his first priority--he would like all workers to be unionized. Ford did not want the bailout and look at them--billions in profits now. His first year was a failure and now with his proposed 3.8 trillion dollar budget and raising taxes, his 2nd year is going to be a worse failure-if that is possible.

  • @joskemom is it still a failure??? GM is already paying back way ahead of schedule

  • @omogaju Hey omo, if you are using that GM propaganda comercial as you base of info then they mislead you. GM has not even sold enough cars to pay of the billions in bailout. An accountant trick on the books, (debt to equity swap) is how the GM commercial can claim that the repaid the 'loan'.

  • obama is being played like a fiddle

  • Buy a FORD if you buy american. the government will be subsidizing GM giving them an unfair advantage over the free market.

  • @GT1004 Hey GT1004, you are exactly right. There is something uneasy about the govt becoming a partner with a company and thus can put a burden on the competition. Picking and chooseing winners. General Electric also has the backing of the govt as the 'goto' company to transfer to this stupid thing called a 'green' economy. Holland does not even use windmills yet we are to believe that the US is supposed to convert to wind turbines.

  • This is bullshit!! yA!!! Obama is just giving us the run around. "BAd decision making"? please! I don't buy that! The bankers were the ones that gave credit away to anybody. As a result now the credit crisis arose and nobody is buying cars. Fuck what Obama says. We need to excersise our right and form a new gioverment

  • does obama understand the definition of "CAPITALISM"???

  • of course not, he curses it. He dont give a shit about our way of life. He thinks the constitution is bullshit and is some living outdated document

  • FASCISM according to Webster =

    "A political philosophy, movement, or regime that exalts nation above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition."

    I didn't see anything in there about corporations... but I did see that line about government regimentation in social and economic matters. Hmmm... now what does that sound like?

  • Alas as Government gets larger the US will get weaker and weaker, note Rome. I love the USA and wished more people cared and actually did things to change instead of expecting something for nothing.

  • Your impression would be 100% correct. Just read the comments on this video.

  • i'm really glad we have Obama as president, but i really think he should have let the auto companies fail. ..and probably the banks, as well. the surest way to screw up something is to put the government in charge of it.

    (consider FedEx: they started their business by doing something the government was already doing fairly well, and have been a Fortune 500 company ever since.)

  • not trying to be rude, just wondering why you are glad obama is president.

  • because he's rapidly restoring the image of this country throughout the global community (after it had been run in the ground since 9/11).

    i also appreciate the fact that he embraces new technology and is so much more transparent and open to dialog than our past few presidents (republican and democrat) have been...

  • appreciate your candor. first do you think groveling is the best way to restore our image, saying we are arrogant? open to dialog? i have seen or heard obama simply refuse to answer direct questions that werent approved by the press secretary thats not transparent. and ok he may dig new technology but how does that make a good leader. do you really believe hes a good leader or do you just really want him to be? you see where this is going dont you? this preidency?

  • I don't really think the auto companies should fail they are too big to fail. Letting go of GM would be like letting go of Toyota maybe even worse. As President Obama said, if they let go of GM the country could enter a depression.

  • Gm would be far worse to let go, first becasue its an American company and controls vastly more wealth than toyota. Plus Gm is the largest insurer in the country. If Gm went down our country would be fucked.

  • Why are so many Americans so anti-socialist ideas?

    Doesn't it mean anything to you that each Cuban spends $251/year on socialist healthcare which achieves better results than Americans get when they each spend $7000/year on theirs!??

    Not only do Cubans not go homeless from healthcare bills, but everyone gets the help they need, they don't have to argue with insurance companies when they're in critical health and their mortality rates and life expentancies are higher.

    Let Obama take GM!

  • are you shitting me? sounds like somebody has been watching to many moore "documentaries"

    do us all a favor and actually go to Cuba the next time you need medical attention...especially if it is life threatening.

    Cuba is one giant sugar, tobacco, and coffee bean plantation, where EVERYONE is POOR and living in 3rd world conditions. (unless you are govt. of course) if that is the standard of living you want, well you certainly voted the right guy in.

  • Everyone is anti-socialist janebusby because we are a democratic nation not a socialist nation. And nationalized health care is not the way to go. It is a failed system, just ask europe. And did you try to complement cuba. Its a horrible ass country and there economy ain't worth a damn. At least ours is fixalbe and will again become a superpower.

  • I've always owned a GMC or a Chevy truck because Fords suck so bad, but after the unions ran the big 3 out of business and now with Obuma doing his crap, from now on I buy FOREIGN cars and truck made by NON union workers! FU unions and a BIG FU to Obuma! Unions overwhelmingly voted for Obuma and always for demoncraps, so I'll give my dollars to the Japs! Screw you and get in the welfare line unions workers! LOLOLOL

  • first ford is awesome(opinion). 2nd they have a shirt out that reads "not one dime" as in not one dime of bailout money. yeah the uaw does what it can to ruin america but i think ford is trying to fill the gap as much as any union (almost) ran company can lets try to support american jobs and not just the profits of companies. obama is taking control of gm and chrysler but not ford lets reward ford at least they are not a state run company... yet.

  • I agree that fords suck bad. But I have a much better reception to them now that they withheld taking the bait-out money.

    Fundamentally, I agree with everything you said.

  • Dude combatvetdoc you can't talk like that. Because by buying a foreign vehicle will only worsen our economy. If you want to help fix our economy, help push our leaders to disovle or severly limit the unions.

  • Our so called leaders don't listen to us anymore, so the almighty dollar is the only way to get their attention! Unions are way past their usefulness, now it;s about power and greed!! What we need is a good old fashioned revolution to take our country back from ALL politicians! Maybe if we clean out ALL current leaders and start over, then MAYBE the new folks will listen to the people! Plus, we need to LIMIT all terms to 8 years, no bouncing from office to office! 8 years ONLY for life!!!

  • And i totally agree. Unions are no longer usefull. They should be completely dissolved. They make our country lazy. But revolution is a little extreme. Just don't vote for the same assholes in office now.

  • I PROMISE to never again vote for an incumbent, but there are millions of folks arming up for what's coming. I wish it wouldn't come to that, but the government will keep pushing people until that is what will happen! I am ALL for peaceful resolutions, but they have dumbed down our kids to the point where they don't know what is happening anymore!

  • I agree. Were in a shit storm with no way out at the present moment.

  • I see the conservative dealers were closed while those that donated to the UAW were not.

  • So lets be truthful about this. The UAW helped Obama get elected, now they are being rewarded with billions of taxpayer dollars. With wages and benefits it costs GM $35.00 an hour to employ a UAW worker. So all of you who make $10.00 an hour, how does it feel to know that YOUR president is taking your tax dollars and giving it to members of the UAW? Is this the "CHANGE" you voted for? This is the politics of Socialism.

  • They don't have the money for that operation, this means they are gonna have to print them out and all that printing will some day result in a massive inflation, which is ten times worse than any bankruptcy.

  • First of all, thank you for your respectful disagreement. I appreciate it.

    You are willing to do something I'm not willing to do, and that is placing faith in Obama's words without regard for his actions. On numerous occassions, his words and actions are directly opposed to one another. The government will tell GM what dealers to close...what plants to close...what cars to build...and whether they may import from their own plants overseas, but they "will not take over GM".

    Ok. I'm confused.

  • well at this situation when general motors is goin to be bankrupted....why the hell obama is doing all these publivity stunts by dating her wife with so much of media !!! i mean that duznt define a responsible president does it ?? and i am not trying to be racist i am an indian !!

  • He threw our taxpayers' money at the problem in an attempt to prevent the big 3 from going bankrupt.

    Well guess what? GM's going bankrupt anyway! Aren't you glad our taxpayers' money went into the hands of idiots who ran the companies into the ground in the first place?

  • You brain is racked with DENIAL.

    The man who's NEVER RUN A DAMN THING IN HIS LIFE is now in charge of TWO auto companies and numerous banks. People like you will be sitting there one day when the hammers batter down your door and take every freedom you have. You'll probably offer them a glass of iced tea as they strip you of your guns, your home and your family. You should have been around in the '30s and early 40s. You would have LOVED Hitler!!

  • ATTN: Go and buy lifted trucks!!!!!

  • if 9 out of 10 people are against obama as they seem to be in this post, how in the mother fuck did he get elected? something's off-kilter here.

  • He got elected because every stupid "mother fuck" in the country voted for him. Nothing's "off-kilter". Nothing is surprising here. There are 53 million "arrogant mother fucks" in this country who believe a fraud "mother fuck" like Barack Obama..a racist "mother fuck" like Obama....an anti-American "mother fuck" like Obama..

    Instead of looking at his resume...the facts....the LACK of accomplishments..."mother fucks" voted soley on his rhetoric, which was contrary to the facts of his resume.

  • Comment removed

  • clear as mother fucking mud and i couldn't agree mother fucking more!

  • clear as mother fucking mud and i couldn't agree mother fucking more!

  • Hello

    Just imagine if Mr. Bush and his father before and Mr.Obama now stop spend the USA Money in the wars and start taking cares about USA future also, to the American people who paying the taxes

    My quotations to those people if your government invests this thousand of millions used in the wars during 12 years ago until now in your economy

    Do you think USA will have more bankruptcy?

    THANK YOU

  • since when did they start making the president look faggey with eye makeup...looks like they are running him for prom queen!

    And GM...if that company can't float then why stick our taxpayer air in that jalopey?

    Sounds like more failure Obama!

  • right about the time they put darker makeup on him for a more dramatic cinderella story campaign.

  • FUCK THIS GUY.

  • Come monday the US public must not let General Motors File for Bankrupcy!!!!!!!!!!

    On the bloomberg cable television channel around 2003 an economic adviser quite siply said GM - General motors cannot compete with rivals due its generous pension scheme which will bankrupt it.

    This points to the question of why the US government didnt just rescue GM's pension plan?

    Shareholders have a right to this Answer before bankrupcy is DONE!!!!!!!!!!!!!!!!

  • obama is alseep at the wheel on north korea,dick cheney is right

  • any d-ass would tell-ya, lay a little regulation down, need to shitcan a good portion of "Both" sides, and let the free market due it's thing. but noooooo, 2-much "social engineering" & overrthinkn' to any thing "Logical"

  • Your bailing out  GM as payback and to keep the union Vote. Same with fannie, freddie, aig, GE. This is crazy because we are throwing money into a black hole of businesses that should be left to fail.

  • sometimes, the most simple comment nails-it, spot-on, you , nailed it!qiuzerry, was an article on local news & had a developer(vegas) bigtimer, E- ones scarred to death to do anything b/c of it. there's alterior motives here in play ppl.

  • Yeah right, and the banks and AIG were bailed out for union votes. Your argument is fraught with contradictions.

    I don't support any of the bailouts, but at the same time I don't think the bailouts are being used to get votes. GE? The unions had to concede so much in these deals that I am sure their membership is unhappy.

  • The banks and aig were bailed out for payback. Fannie and Freddie the two Government entities that have cost taxpayers billions over the past 30 years should be left to fail. Congresses community reinvestment regulations caused the housing bubble. They donate lots of campaign money. They should be left to fail. Congress has not even changed the regulations on them.

  • I have heard all these half true attacks/talking points before they do not adequately address the complexity of these events. You do not even begin to scratch the surface with your simplistic version of the cause of our financial problems.

  • LOL That is because there isn't enough space here to write it all out. It would take Thousands of words , studies, documents etc...... One truth is that if our Government used common sense we wouldn't be in this situation.

  • It is Uncommon sense.

    Time magazine has an article" 25 People to Blame for the Financial Crisis" Read it!

    The players are: Angelo Mozilo, Phil Gramm, Alan Greenspan, Chris Cox, American Consumers, Hank Paulson, Joe Cassano, Ian McCarthy, Frank Raines, Kathleen Corbet, Dick Fuld, Marion and Herb Sandler, Bill Clinton, George W. Bush, Stan O'Neal, Wen Jiabao, David Lereah, John Devaney,

    Bernie Madoff, Lew Ranieri, Burton Jablin,

    Fred Goodwin, Sandy Weill, David Oddsson, Jimmy Cayne.

  • If you want an accurate, unbiased, and short explanation for the financial crisis you can say it with one word. GREED. Your GOP talking point version "Fannie and Freddie" is about 1/10,000 of the problem. The Time article is a good nonpartisan glimpse at how all the diverse factors and players came together to create this disaster.

  • realize it's been a month, however, please don't subject yourself any longer to a misguided source such as "Time magazine"

  • You calling Time a "misguided source" doesn't change an article full of facts. Have you read the article? Do you know who the players are?, or the part they played in the financial collaspe? It appears to me from reading your comments, that you are clueless about the financial collaspe.

  • Wouldnt it be great if we could just trade in old cars for green cars and find a way to benefit the car companies in this way. A car is worth a lot of metal. Im not sure how the money would work out but recycling is good!

  • Lets face it, the Nation messed up big time voting this guy in. We got to do much better in 2012. This guy can NOT go another term.!!!

  • HONEST??  ROFLMAO!!

    yeah you're well intuned!

  • (in response to dubadudu)

  • does Obama has his eyes colored?

  • I mean, with make-up

  • he (and we) want to get out of banking and auto!

    meaning exit strategy!

    What then would we have?

    google now

    GovcomCom

    for finding cool answer.

    You then can see how you make any one of us be more responsible then simply hoping for the better.

  • ok, all the "bots" are correct, I give up, were gonna

    "turn the Economy around" w/ wind bag power!

    yyYYAAHh!

  • damn obama.

  • ♥Copy And Paste This♥

    ♥If You Believe♥

    ♥Christianity is♥

    ♥NOT Just A Religion♥

    ♥It's A Relationship♥

    ♥Let Your Lights Shine Bright♥

    ♥For Christ Is To Return Soon♥

    ♥ Love Jesus ♥

  • Hatake

  • Yeah, right Obama. Your union buddies, the ones that contributed most to the failure of GM with outrageous benefits for decades under the threat of closing the company down, they come out of this as OWNERS of GM! Oh well. When they tank it will be your legacy.

  • Obama is dumber than a box of rocks. Worst economy since the 30's my ass you stupid SOB. The stock market is not even as low as it was in Clinton's administration. You moron. Yes I realise that is not the only economic indicator. Unemployment is not yet as bad as it was in the Carter administration in the 70's. Although he sure seems to be working hard toward that goal. He won't stop until it is as bad as the 30's.

  • You sure are proud of your ignorance!

    I guess you will make excuses as the economy recovers that say Obama's policies have had nothing to do with it...But what does your word matter when FACTS point in a different direction, NOT MUCH!

    America is changing and you will be forced to watch it change...Obama is cleaning up the mess left by FAILED Conservative Values. It will take some time but the mess will be cleaned up!

  • Marxism isn't the antidote for he problems we ALL created. Your ilk thrives on sheer emotion, lies and hype. You're too busy dancing on republican graves to notice what's happening to YOU.

  • Seriously, GROW UP!!

    What I really want is two healthy parties. However, right now the GOP is controlled by the extreme right and this is not good for anyone. The GOP must modernize or remain powerless.

    No one has suggested or even talked about "Marxism"...The word is simply something simple minded people use to show they have no idea what is really going on.

  • You're out of your mind. I guess in your little red world, there is NO EXTREME LEFT, is there?

    And by modernize, I suppose that means embrace ALL the platforms of the democrat party, but to include the horrid but numerous church going subhumans, correct?

    And exactly how else would you categorize "spread the wealth around?"

  • Yes there are extreme's on both sides...That is why we need two parties with moderate members to offset the extremes...This way they all have to compromise.

    If you think a 3% tak hike on the top 5% of income earners is Marxism then you need to hit the books. Warren Buffett, Bill Gates, founders of Google and many other very wealthy people all say the tax system is broken in favor of the wealthy.Your "Marxist" delusion falls apart when the top Capitalist in the world support Obama's policies.

  • You're beyond hope. And change.

    Enjoy your eloquent dictator.

  • I love him! Him and Geithner! Made more money in two months off the stock market than I usually make in on good year!

    Stop crying like little ignorant babies and pay attention to what is actually going on!!

    LOL! Simple minded FOX viewers!

  • Ha! Ha! It's called a dead cat bounce, or as the stockbrokers call it:

    Painting the tape

    The greater fool theory.

    Pump and dump

    .

    Insiders selling off.

    Don't get me wrong I'm happy for you but from what I see diversify.

    good luck!

  • This coming from an unproductive leech and MSNBC suckass.

    HOO ray.

  • "O" is the biggest of the "Corporate Capitalist sellout Pigs" p-e-r-i-o-d

    G.E./ Immelt/Cap&Trade do your research, not just follow Mind Screw News Bites & communism

  • LOL!

    You do realize your comment makes absolutely no sense, right? Well, obviously you don't or you would not have wrote it.

    You say, ""O" is the biggest of the "Corporate Capitalist sellout Pigs" p-e-r-i-o-d" And then one sentence later you say, "do your research, not just follow Mind Screw News Bites & communism"

    Now if I support the the biggest Corporate Sellout then why would I be following Communism?

    FOX News does explain to you the actual defenitions of such words, huh?

  • you my friend are too far droned to have LOGICAL

    debate, here I'll try in googoo terms next is picture pages.. /

    J. immelt ie; G.E. & yur messiah & al gore & Pelousy & ried & well all the libtards are-selling-out-"OUR" country to a global taxation/ "CORPORATE SELLOUT" "CAPITALIST PIG-LIKE" of Biblical Proportions

    duh/ need a "picture" still?

  • I see you watch plenty of Bill'O...Yes, it is funny you mention GE as I have nearly tripled my money in 2 months after buying GE stock!

    I also made a TON of money of Ruger

    and Smith & Wesson stock since the paranoid right wingers have gone beserk...I have to say if this is the beginning of Communism under Obama I LOVE IT!!

    Do you get the picture, boy?

  • correction Sally, "our" media is the reasoning behind your smith& wesson so-called "gains" and your Left-wing propa. is the reasoning behind a rockstar now as a "President" w/ ZERO experience, well if some ppl call a "Community Organizer" experience......

  • Talk about ignorance? I'm saying the economy isn't as bad as he is convincing people it is.

    He either wants it to get that bad, or for you to believe it is that bad so that when it does recover (and it will because the economy is cyclical and goes through natural ups and downs) That he looks like a God. He's not a God and I suspect things will get worse rather than better because they did when Roosevelt spent like crazy trying to end the depression. He prolonged it. Study History.

  • It's like looking into the face of Lucifer Himself.

  • Well, get use to it as Obama will be President for 8yrs.

  • Not when he overturns the 22nd amendment. He'll be in for life.

  • I hate the Face of The Red One.

  • what?

  • It will be about 10 years before domestic vehicles become at least comparable to foreign cars...............

  • Not that long...The mind set is changing and America will rebound. Watch and see!

Loading...
Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more