McCotter: We Strive for Bi-Partisanship , But Current Stimulus Bill is Wasteful
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So, how exactly is that Chrysler loan working out for you, mdbrenna? My tax dollars at work. Wonderful.
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Well shucks, I did know that. Sorry to spoil your fun. Given that GM has 20% higher costs of production than Honda or Toyota, we'll see how long it takes for the government to "make money on the deal". Given that GM is already heading back to the feeder for more slop, your theory of a payback seems quite amusing. Want to buy a bridge?
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Did you know this was done once before with Chrysler and the LOAN was paid back in full with Interest and the Government actually made money on the deal.. Huh did you know that!!!
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And you think the US taxpayer will see that repayment when? the second coming of Christ or the next Ice age?
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The Detroit auto bailout is a LOAN, of only 15 billion, with interest due back. Unlike the $400 billion plus GIFT given to the banks, and Obama will request another $500 billion GIFT for the banking industry as soon as the $Trillion piece of crap pork "stimulus" bill is finalized.
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Has any wondered, how the economy could have gone so bad so quickly. The answer is that it was all over the news, repeating over and over and over that we were going into a recession. And we all know if you tell the sheep to walk in a line enough times they will do it.
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Pity you didn't show the same level of fiscal restraint when it came to the Detroit auto bailout Rep. McCotter, which you supported... Do as I say, not as I do?
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tax cuts puts money in peoples pockets. for those on the lower end, it means being able to buy goods, which stimulates the economy. For those on the higher end, it means investment in new business, which creates jobs for those who are out of work. Nothing is going to be an immediate fix, but government spending is inefficient at best and corrupt at worst
I just want to say how very proud I am of the House Republicans and the 18 Democrats who voted against this pile of pork.
The only way to stop this slide into a depression is tax cuts of all sizes and types to American business and corporations and people.
Thank Congressman McCotter once again you are on the side of the people.
ronpegt 3 years ago 6
Well said Mr. McCotter, I support your position. I have the same thoughts and concerns.
rzs5tm 3 years ago