GM To Taxpayers: SUCKERS!
Dec 17, 2013 General
The CEO of Government Motors (GM) does not think his company should pay the government (read taxpayers) the 10 BILLION dollars that were lost when the Treasury sold its interest in the company. According to Dan Akerson the Treasury knew it was taking a risk, the same risk as anyone who purchases stock, when it spend billions of taxpayer dollars to keep the company from going bankrupt.
Akerson points out that the bailout helped prevent the loss of the company and kept jobs from being lost. But he also points out that Treasury took a chance when it infused money into the company by purchasing stock.
So what this guy is saying is, you took a chance with taxpayer dollars and that chance did not pan out to the tune of a 10 BILLION dollar loss. He does not feel the need to reimburse the taxpayers whose money kept the company around.
Isn’t it funny that this guy feels the government took a chance that had a risk associated with it and lost so it has no obligation to pay the money but he had no problem with taxpayers spending money to bail his company out. Owning and running a business has certain risks associated with it and one of those risks is going bankrupt. But Akerson does not feel his company should have to suffer the consequences of the risk associated with owning or running a company.
He feels his problems should be paid for by others but that any loss those folks suffered was their problem and not his.
The bankruptcy of GM was not the problem of the taxpayer. It was the problem of GM.
Mitt Romney said GM and other auto companies should not receive a bailout and should go through bankruptcy and solve THEIR problems that way.
Obama and his followers hammered Romney and said if it was up to him the auto companies would have gone under.
Romney had it right. GM bit the hand that fed it and we lost 10 BILLION dollars in the process.
Ford did not take a bailout and was able to work through tough times. That is why my new car is a Ford.
I loved my Jeep but could not replace it with another after Chrysler took a bailout.
Remember that you suffered a 10 BILLION dollar loss when you are out shopping for a new car. Do not buy a GM product.
No sense in rewarding a company that took advantage of the people who were forced to spend their hard earned money enriching executives and keeping union workers employed so they could continue voting Democrat.
Cave canem!
Never surrender, never submit.
Tags: 10 billion, akerson, bailout, gm, lies, Obama, screwed, unions
Obama’s Example Screwed By Obamacare
Nov 20, 2013 Obamacare
Jessica Sanford of Washington State did not have health insurance for 15 years because the single mother could not afford it. She was self employed and received no child support so she was on her own.
[note]I question whether she was actually on her own. There are a number of government programs that provide for low income people, particularly single women with children. It is more likely that she is part of the huge number of uninsured who never took the time to sign up for one of the existing programs.[/note]
She went on her state exchange website and signed up. She was told that she qualified for a tax credit and she selected a plan she could afford. She was so excited that she wrote an email to Barack Obama.
I am a single mom, no child support, self-employed. And I haven’t had insurance for 15 years because it’s too expensive. I was crying the other day when I signed up, so much stress lifted. Weekly Standard
Barack Obama used her email at an event.
A funny thing happened on the way to Obamacare for Ms. Sanford. She first received notice that the tax credit quoted was too high and it was reduced which meant she had to pay more of her premium.
Then she received notice that she was not eligible AT ALL for a tax credit. She was responsible for the entire premium.
And that my friends, was an amount that she could not afford.
Now that they have her information and she has selected a plan I am willing to bet she won’t be able to cancel it. She should be able to because she was given incorrect information but that will probably not mean much. Even if they allowed her to cancel her information is on file so if she fails to select another plan she will be taxed for not having one.
She states in the article that for now, she won’t be getting insurance.
Here comes the tax man…
Obamacare is a disaster.
But then again, so is Obama.
Cave canem!
Never surrender, never submit.
Tags: disaster, jessica sanford, lies, obamacare, screwed, tax credits
John Roberts Betrayed This Country
Jun 28, 2012 Political
The Chief Justice of the United States became an activist judge along with the liberal justices when they ruled the Individual Mandate in Obamacare as Constitutional. They became activist when they redefined the fee as a tax. Barack Obama and all his Democrat minions said this was NOT a tax and that point was made in the arguments before the Court. Roberts nonetheless, ruled it was a tax and will now go down in history as an activist justice who looked out for his legacy rather than the rule of law in this country.
Your liberty & freedom were just sold out. A boundless government is peering around the corner. Dan Bongino, candidate for US Senate MD
It is time for the American people to have a second revolution this November and remove every member of Congress who voted for this and to remove Barack Obama for forcing this upon us. This will be our only chance of resolving this issue.
Mitt Romney needs to win the presidency and he needs to repeal Obamacare as he said he would do or we will need to dump him as well. All members who voted for this need to go. We need to make them pay for forcing us to buy things against our will under the guise of calling it a tax.
[note]Obama lies, freedom dies[/note]
And remember this all you half brained morons who voted for and still support Obama, now that the Court has called this a tax Barack Obama and his Democrats are responsible for a huge tax increase on everyone in this country.
From Monica Crowley…..”Good luck to Team Obama, who must now defend a monstrous tax increase, especially on the middle class.”
I have no respect for the presidency and I have no respect for Congress. I also have no respect for the Supreme Court which has become a puppet of government and has ceased being a watchdog for our Constitution.
It is now up to We the People to ensure this is reversed by electing people who will get rid of it.
From Bill Bissenas Facebook page: “And in other news today, the Supreme Court voted 5-4 to make Obama a one-term President.”
You can bet that none of the people who were crying that the Court and its activist right wing would overturn the law are crying about the activist Court redefining the penalty as a tax.
Conservative business owners need to ask people if they are conservative or liberal and refuse to hire liberals. We need to make each and every person who supports this SUFFERS.
I am tired of being nice about it and I am tired of being defecated upon. No longer, it stops this November.
Period.
Cave canem!
Never surrender, never submit.
Tags: banana republic, dan bongino, john roberts, leeches, liar, obamacare, screwed, traiter
Taxpayers Write Economic Stimulus Checks
Oct 3, 2008 Political
The House passed the Senate version of the 700 billion dollar economic stimulus bill that requires taxpayers, their children and grandchildren to write checks to the government in order to pay the tab. The final vote was 263-171 in favor of raping taxpayers in order to pay for the failed policies of the Democratic party and their refusal to listen to warnings from people in the Bush administration.
Nancy Pelosi was smiling as she praised Barney Frank for his leadership and masterful skill in negotiating this bill. Barny Frank is the dim bulb who said that there was no problem with Fannie Mae and Freddie Mac, the entities widely recognized as the root of the problem. Bill O’Reilly beat Frank to death last night over this issue but Frank was too dense to acknowledge his complicity in the process.
The amount of money that the taxpayer is forced to cough up for this bailout is staggering and anyone who thinks that 700 billion is the end of it is nuts. This number was a guess and there is no guarantee that it will do what everyone hopes it will. It is possible that the money will be infused into the market and it will still tank and we will be back where we started but much poorer. The Congressional answer will be more money.
Barack Obama will add trillions of dollars of spending if he becomes president, especially if he has a big enough majority in both chambers. These people are writing checks that future generations will be working to cash. To top it off they are promising more regulation coming from the same people who ignored the problem or failed to see it coming despite repeated warning.
America, it is time to take control of government. We must vote every member of the House out of office. Show them your displeasure. Do not let them fool you by saying they voted no because they were politically protected from the vote in order to secure your vote and their jobs. Get rid of all of them and the one thrid of the Senate that is up for reelection.
We must take control of our country. They do not listen to us. They just do what they want despite overwhelming objection from the public. They are spending our money like drunken sailors on shore leave [apologies to sailors] and it has to stop. The only way we can do that is to make them pay for their failures.
Just say no to incumbents.
Tags: bailout, screwed, taxpayer, wall street