And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
Illegal seizure of a private company by a self admitted commie/socialist. Thanks for playing.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
Illegal seizure of a private company by a self admitted commie/socialist. Thanks for playing.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
Illegal seizure of a private company by a self admitted commie/socialist. Thanks for playing.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
It would have hurt the 90% work force that earned full pray for not going to work. UAW got the company and investors got the shaft. UAW donated large to the BHO.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
That GM takeover was one of the most successful business moves of the entire recession and resulted in GM being an industry leader again.
Out of the zillion government fuckups don't use one of their best moments.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
That GM takeover was one of the most successful business moves of the entire recession and resulted in GM being an industry leader again.
Out of the zillion government fuckups don't use one of their best moments.
I can't find how BHO could legally do this. GM would have survived, the union would not have been in great shape. That's why BHO did the takeover it wasn't about GM it was about UAW.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
That GM takeover was one of the most successful business moves of the entire recession and resulted in GM being an industry leader again.
Out of the zillion government fuckups don't use one of their best moments.
I can't find how BHO could legally do this. GM would have survived, the union would not have been in great shape. That's why BHO did the takeover it wasn't about GM it was about UAW.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
That GM takeover was one of the most successful business moves of the entire recession and resulted in GM being an industry leader again.
Out of the zillion government fuckups don't use one of their best moments.
I can't find how BHO could legally do this. GM would have survived, the union would not have been in great shape. That's why BHO did the takeover it wasn't about GM it was about UAW.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
HondoFS thinks those are independent and unrelated concepts...you really are a bright one.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
HondoFS thinks those are independent and unrelated concepts...you really are a bright one.
Speed limit IQ....
You still can't explain what bank had the ability to restructure their debt. And have a conspiracy theory. But ok!
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
HondoFS thinks those are independent and unrelated concepts...you really are a bright one.
Speed limit IQ....
You still can't explain what bank had the ability to restructure their debt. And have a conspiracy theory. But ok!
You really are an effin moron and literally have zero clue what you are talking about.
A simplified description...in bankruptcy/reorg, the equity shareholders are wiped out and the bondholders are negotiated down and swapped out into the new equity shareholders (i.e. they become the new owners...lots of other things happen as well including the voiding/renegotiation of contracts, etc.). As the new company comes out of bankruptcy assuming they have a business model that works they goes out on the open market and borrow money, which becomes much easier now that most of their debt is wiped out.
The financing they need is just to run the business while they are in bankruptcy, which becomes easier for the company since they don't have to make debt payments and because the court running the bankruptcy removes the risk of providing them funding while in bankruptcy. Any bank (or the govt) can fit the bill.
The issue with the GM bailout was that it ignored basic corporate law. Debtholders are not all equal...some have higher priority than others (a simplified version...you can loan me money at 2% and be first in line if something goes wrong, or you can loan me money at 4% and be last in line of the debtholders if something goes wrong...ie. you get paid more for your higher risk). The issue with the bailout is that it ignored that priority list and said...we like you even though you are at the bottom of the list, so you get almost all your money back. Now you...you may have been at the front of the line but we don't like you, so you get pennies on the dollars. You know, banana republic behavior.
Its part of the reason the there was such a dampening effect of having these people in charge of the economy and why things have boomed after they left...
HondoFS...turning a thread about the Venezuelan collapse and NYTs first glowing and now actual coverage of it into a thread about his ignorance of basic corporate finance.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
HondoFS thinks those are independent and unrelated concepts...you really are a bright one.
And 60 years at social security, food stamps and everything, that's exactly what our hospitals and grocery stores look like.
Why do you think something that someone paid for out of their paycheck by force for programs such as social security and Medicare are socialism. I don't agree with these programs. They give benefits to people that never paid in to the systems and the government has "borrowed" billions from them. I'll bet you can't guess which party....
Food stamps, welfare, WIC, section 8 etc. were meant to be a safety net that have turned into 8 generations of lazy people sucking off the government teat and the sweat off the brow of their fellow Americans.
You are the one who screams socialism and communism when those programs are discussed.
Dumbass. You truly don't even know what socialism or communism are. If you did you'd know that America is no where near socialism or communism.
It is to an extent but they are paying in and are supposed to be paid back based on how much went in. For the working people it's was supposed to be a retirement system. For the lazy asses getting paid and not having paid in it's socialism. HTH
No that's not socialism. Dumbass. Socialism has to do with ownership of production of goods and services.
We can agree that there are too many lazy people living off the government. That being said, it's still not socialism. And Paul Ryan just said yesterday that entitlements, mostly social security and Medicare, are the cause of the increased deficit. His words, not mine.
It is socialism they just haven't seized all the means of production yet. They did grab GM though. Maybe you can point out where in the constitution the government has authority to seize a private company and appoint it's own CEO with taxpayer dollars?
Sucking on the teat that long is socialism.
What adminstration created the program that took over GM? And who owns GM currently????
Couldn't find that huh? There's your socialism.
The government owned a controlling interest in GM for a short period of time. And wouldn't exist today if that didn't happen. Would you rather that production go to Toyota?
There is so much stupid in this comment its HondoFS worthy...because every company that goes bankrupt just magically disappears or something...
Care to show me the bank that was willing to lend GM the money to make it through bankruptcy?
(Insert Bank here), especially when you go through a court ordered bankruptcy reorg. Hell...its not even a problem to let the govt be the bank. The absolutely horrible part about that bailout was that it completely disregarded actual law by treating classes of creditors differently than bankruptcy law required. Most peoples complaint isn't that GM went through govt bankruptcy...it was the disregarding of our basic corporate law to pay off cronies. You know...banana republic stuff that you always seem to endorse...
First they could have just gone through bankruptcy. Now it's about paying off cronies. Which is it?
HondoFS thinks those are independent and unrelated concepts...you really are a bright one.
Speed limit IQ....
You still can't explain what bank had the ability to restructure their debt. And have a conspiracy theory. But ok!
You still can't explain how the government can legally do this which was the point. Of course maybe you could explain how the UAW got the company and most assets while bond holders got 10 cents on the dollar. The ends justify the means comrade!
Comments
Out of the zillion government fuckups don't use one of their best moments.
Speed limit IQ....
A simplified description...in bankruptcy/reorg, the equity shareholders are wiped out and the bondholders are negotiated down and swapped out into the new equity shareholders (i.e. they become the new owners...lots of other things happen as well including the voiding/renegotiation of contracts, etc.). As the new company comes out of bankruptcy assuming they have a business model that works they goes out on the open market and borrow money, which becomes much easier now that most of their debt is wiped out.
The financing they need is just to run the business while they are in bankruptcy, which becomes easier for the company since they don't have to make debt payments and because the court running the bankruptcy removes the risk of providing them funding while in bankruptcy. Any bank (or the govt) can fit the bill.
The issue with the GM bailout was that it ignored basic corporate law. Debtholders are not all equal...some have higher priority than others (a simplified version...you can loan me money at 2% and be first in line if something goes wrong, or you can loan me money at 4% and be last in line of the debtholders if something goes wrong...ie. you get paid more for your higher risk). The issue with the bailout is that it ignored that priority list and said...we like you even though you are at the bottom of the list, so you get almost all your money back. Now you...you may have been at the front of the line but we don't like you, so you get pennies on the dollars. You know, banana republic behavior.
Its part of the reason the there was such a dampening effect of having these people in charge of the economy and why things have boomed after they left...
HondoFS...turning a thread about the Venezuelan collapse and NYTs first glowing and now actual coverage of it into a thread about his ignorance of basic corporate finance.