President Obama on GM IPO

President Obama speaks to the media about General Motors' public stock offering and says that the company's recent success is an example of how tough choices on the economy are starting to pay off. November 18, 2010.

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  News & Politics

[mywotzone]

And the problem with capitalism is the profit is in killing citizens... By sending them to start wars to profit , and pollute the water around the world... So where are we at... Back at the bottom of the hil...

[NCMan28025]

Besides GM (only 500,000 shares), what companies does the government own (plus media)? I'm can already tell you're the typical leftist who praises socialism because you have never lived under a dictator in a socialist system, in a socialist country? I do love those who think socialism is a valid system considering you told me to pick up a history book. Socialism a documented failed economic system worldwide. The problem with socialism is you eventually run out of other people's money.

[mywotzone]

We own companys thus making it socialism... Socialism isn't mixed into our economy nearly enough... The right uses it as a talking point but we only have very few bits & pieces of socialism....

[NCMan28025]

Please explain how socialism is mixed in with it? I'd love to hear this.

[mywotzone]

We have a hybrid capitalistic system.... Its mixed with socialism , capitalism , etc which is the only way to succeed 

[NCMan28025]

You live in America? Do you enjoy our capitalistic system? You many want to wake up to reality moron.

[mywotzone]

What country has capitalism that you point to that has ever worked , no capitalism has failed pure capitalism has failed i suggest you pick up a history book....

[NCMan28025]

So now you don't want to talk about your comment MORON? I can point to one Capitalism. Now get back to me with your next stupid comment.

[mywotzone]

You can debate all you want dipshit , go back and read any economic model and learn that they've all failed , you cant point to a single economic structure that has ever succeeded and hasn't had quantitative easy via debt , and thus created a hyperinflation....

[NCMan28025]

No MORON, you attempted to claim the bailout put money back into the economy and I pointed out it took money out of the economy. You clueless idiot. By the way, I'll debate you any day on quantitative easy (monetizing the debt). Come back when you learn logic.