16 Sep 11
Originally posted by whodeyMan, how many times? Do you have any sense of how many jobs were saved. Police. Teachers.
Here is your chance to help sell the Presidents newly proposed Job Act. Tell us how the proposed $447 billion in spending will do anything differently than the previous $787 billion in the last stimulus that did not produce one job.
Sometimes you seem smart, but so often so closed minded and naive.
16 Sep 11
1 edit
GM was given additional taxpayer money in an escrow account to fund its day to day working capital needs. It used that escrow money to "pay back" their bailout loans. So it really never paid back anything.
It's also saddled with massively underfunded pension plans, to the tune of $35 billion or so (we'll know more at year end).
But I digress.
Obama knows absolutely nothing about how jobs are created. That's the bottom line.
Green jobs? Where are they?
Solyndra tries to use the excuse that they couldn't compete with China in manufacturing solar panels.... who the hell thought it COULD compete with China ?
- Joined
- 03 Feb 07
- Moves
- 199764
16 Sep 11
Originally posted by Hugh GlassSo five of the stimulus-receiving companies are having trouble? What is the ratio to total companies?
Solyndra Not Sole Firm to Hit Rock Bottom Despite Stimulus Funding
Read more: http://www.foxnews.com/politics/2011/09/15/despite-stimulus-funding-solyndra-and-4-other-companies-have-hit-rock-bottom/#ixzz1Y5JDv6nj
16 Sep 11
Originally posted by badmoonIf you go to a company or govt. bureau and say, "How much will it take for you not to lay anyone off in the next year?" and then you borrow that amount against the credit of the United States and give it to them -- you really think that is a sustainable way to create steady employment?
Man, how many times? Do you have any sense of how many jobs were saved. Police. Teachers.
Sometimes you seem smart, but so often so closed minded and naive.
16 Sep 11
Originally posted by spruce112358So are you claiming more jobs would have been saved had we allowed the US auto and financial industries to collapse?
If you go to a company or govt. bureau and say, "How much will it take for you not to lay anyone off in the next year?" and then you borrow that amount against the credit of the United States and give it to them -- you really think that is a sustainable way to create steady employment?
17 Sep 11
1 edit
Originally posted by USArmyParatrooperWell, certainly more jobs would have been saved if only there had been greater government control over the use of the bailout money, preventing it from being wasted in bonuses for the lousy executives who mishandled other people's money in the first place.
So are you claiming more jobs would have been saved had we allowed the US auto and financial industries to collapse?
The Obama administration could have exerted more pressure on the bailed out companies, but they didn't.
17 Sep 11
1 edit
Originally posted by Kunsooapparently not nearly enough, or we'd have unemployment down to where Obama feared it may go,, 8 % ?
So five of the stimulus-receiving companies are having trouble? What is the ratio to total companies?
The people are scared to death right now, and have no leadership that they are confident with..... can you blame them,, wait and see how solyndra plays out...
Lol a major Obama contributor involved in a stimulus loan that was ill advised...
strike three "O"
more campaign fodder.... :-)
17 Sep 11
1 edit
Originally posted by TheBloopObama has far less people in his cabinet that have actual experience in the business world than any previous president,, substantially less..... no freaking wonder....
GM was given additional taxpayer money in an escrow account to fund its day to day working capital needs. It used that escrow money to "pay back" their bailout loans. So it really never paid back anything.
It's also saddled with massively underfunded pension plans, to the tune of $35 billion or so (we'll know more at year end).
But I digress.
Ob hina in manufacturing solar panels.... who the hell thought it COULD compete with China ?
BTW
http://www.newsmax.com/Headline/obama-solyndra-shelton-cronyism/2011/09/16/id/411300?s=al&promo_code=D116-1
17 Sep 11
Originally posted by USArmyParatrooperNo. Saving jobs that are going away is a nonsensical activity. If the US auto industry is destined to collapse then it will be a lot more healthy for the country to let it happen as soon as possible so that those resources can be released for more productive activity.
So are you claiming more jobs would have been saved had we allowed the US auto and financial industries to collapse?
Government interference 'to save jobs' simply creates a zombie state where people continue going to work but have no idea what they are producing or why. As the government debt increases, the country becomes less productive and less able to grow and pay it off.
Government acting 'to save lives' is much cheaper (if we ever got to that point -- which we won't) and so they can do that if need be. But saving jobs should definitely not be a government function because they are so horrible at it.