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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (39255)2/18/2013 3:51:59 PM
From: Wharf Rat  Read Replies (3) | Respond to of 85487
 
"What Obama did in the GM bankruptcy was tantamount to having Luca Brazi hold a gun to the heads of the creditors"

Not quite; more like Superman holding up a railroad bridge while a train with about 2000 passengers makes it across to safety while Willard Luthor is throwing lumps of kryptonite at him. The passengers, who mostly lived in Mich. and Ohio, rewarded him with their votes in Nov.

"Using a trillion dollars of taxpayer/borrowed money to throw money at various Democrat constituencies was about as corrupt as any political move I've seen"

You didn't see it. What you saw was a bill with the total price of $831B over 10 years, 37% of which was tax cuts, 18% went to the states and localities, and only 45% was spent on "various Democratic constituencies", including my town's health clinic, which put in a 38K PV system using a local contractor.

en.wikipedia.org