Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Bush worried 35 billion can't be paid back... why now

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
 
Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:35 PM
Original message
Bush worried 35 billion can't be paid back... why now
"I am concerned about the viability of the automobile companies," he told reporters on the South Lawn. "I am concerned about those who work for the automobile companies and their families. And likewise, I am concerned about taxpayer money being provided to these companies that may not survive."
With only 46 days left in office before President-elect Barack Obama takes over, Bush declared: "It's important to make sure that taxpayers' money be paid back if any is given to the companies."



So which war profiting company will pay the US back first? Hey Bush I'm concerned the 2 trillion spent on creating your democratic beacon of the middle east won't ever be able to pay taxpayers' back. We've spent 8 years spending money on industries and wars that have no hope for growing the American infrastructure nor the American economy, but this 35 billion that might... well that's 35 billion too much. What a joke this idiot is.
Printer Friendly | Permalink |  | Top
Pharaoh Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:37 PM
Response to Original message
1. WTF
Amazing amount of sheer dumbness in that man!
Printer Friendly | Permalink |  | Top
 
Romulox Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:40 PM
Response to Original message
2. This is precisely the same argument being made by dozens of DUers
When the Citi/AIG/GE bailout is mentioned, they just trail off, or say "two wrongs don't make a right"...
Printer Friendly | Permalink |  | Top
 
bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:44 PM
Response to Original message
3. If GM can just find a way to stay afloat until January 20
Then Obama can just reach into the TARP money and save them (and the other Big 2) without the piddling from Congress.
Printer Friendly | Permalink |  | Top
 
marketcrazy1 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:51 PM
Response to Reply #3
5. we have ALREADY
given HUNDREDS OF BILLIONS to banks witch will NEVER be paid back and before we are done we will give hundreds of billions MORE!! we guarantied citi banks crap! and are on the hook for over 250 BILLION in losses ( and they WILL be realized ) and thats just ONE bank!!
Printer Friendly | Permalink |  | Top
 
enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 12:46 PM
Response to Original message
4. Bush
Well, Bush has had a lost of experience with unviable companies; he ran quite of few of them.
Printer Friendly | Permalink |  | Top
 
BrklynLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 01:22 PM
Response to Original message
6. But he was able to figure out that all those financial institutions would be able to pay back the
money. What a total lamebrained nitwit.
Printer Friendly | Permalink |  | Top
 
Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 01:28 PM
Response to Original message
7. How are they going to pay us back? Who's going to buy the cars?
Or, do we keep bailing them out until we're broke?
Printer Friendly | Permalink |  | Top
 
Johonny Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 03:04 PM
Response to Reply #7
9. maybe noone
All I know is I'd rather invest on American infrastructure 99/100 than invest in invasion and occupation. Investing in American infrastructure has in general paid off in the long run.
Printer Friendly | Permalink |  | Top
 
FarCenter Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 03:03 PM
Response to Original message
8. $2,000,000,000,000 / $50 per Barrel = 40,000,000,000 Barrels
I'm not sure whether the Iraqis have that much?

At 20,000,000 barrels per day that's a 2000 day supply for the US.
Printer Friendly | Permalink |  | Top
 
tjwash Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-05-08 03:05 PM
Response to Original message
10. I wish he would just take the last month of his vacation now...
nt
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Sep 03rd 2014, 01:37 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC