What if obama is reelected? - Page 2 - Shooting Sports Forum


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Old 04-23-2012, 12:42   #26
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Originally Posted by woodstock View Post
There are no "subsidies" to oil companies. That is just another liberal lie. The oil companies get the same tax deductions as every other large corporation. Not the same as a subsidy.
Well, wording aside, the oil industry has a tax advantage that other industries do not.
History of U.S. Oil Subsidies Go Back Nearly a Century - Click Here

Originally Posted by woodstock View Post
GM was not "the car industry". It was just one player in the game. Ford is doing just fine without any bailout money. If a business can't stay ahead they should go under. There is no such thing as too big to fail.
From what I've gathered, GM, Chrysler and Ford all got a loan from the Federal Government.
Government Bailout of Ford GM Chrysler and the Auto Industry - Click Here

But I'll admit, Ford did better than the other two. And yes, GM and Chrysler probably should have collapsed considering the way they were being managed.
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Old 04-23-2012, 18:03   #27
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Rick Wagoner. former CEO of GM had been telling the UAW for years that they could not afford the legacy costs and that they needed to work aout a better alternative in order to keep the companmy afloat. Obams comes in and essentially fires Wagoner and then does exactly what Wagoner wanted to do in the first place. Where did Obama get off doing this ?

Then they wanted to deny Wagoner what the orignal contract was obligated to pay him.
As a result the union gains a great deal of control over the company...Sounds like Chicago politics to me...
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Old 04-23-2012, 18:39   #28
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Originally Posted by Carpshooter View Post
You must hate commies so much that you are calling anyone who doesn't agree with your thinking a Commie , now that socialist thinking !

I know that we got more gun rights under this President to stop the anti-gun Republicans who started another war , while we were involved already in one !

This guy is no doubt the right guy over a socialist Republicans candidate , especially the one that's left , as under him it will no doubt be an anything goes deal !

I feel a victory for we Democrats , cause the other side is lead by the blind !

I'm against the commies , such as those Republicans who care less about the middle-class working folks !
Oh geezus Carp.. you are falling for all that Occupy BS...Call them what you want Marxists, Socialists Liberals Democrats...they are all STATISTS..

Statists will without question curtail your individual liberty. It is what they want ..MORE Government..More government means less FREEDOM.

Additionally, I did not call people that disagree with me communist. I suggest you look up the czars and some of the personalities in this adminsitration and see for yourself that they themselves embrace marxist philosophy.

Obama is a Statist.. If you want someone to lord over you have at it ...
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Old 04-23-2012, 19:52   #29
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Although Ford didn't need, and didn't receive any funds, it also didn't want its competition to get the upper hand thanks to the government bailout.
You should go back and reread your own linked article again. Ford originally requested a line of credit but ended up not taking any of the bailout funds. They liquidated assets such as selling controlling interest in Mazda back to Mazda, etc.
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Old 04-24-2012, 22:32   #30
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I admit. That paragraph is worded... interestingly. Ford requested money that they didn't get.

Also on the bottom of that website, there's another link:
This Week's Bailout Winners and Losers - Click here

It says "GM, Ford and Chrysler, on the other hand, presented their request for $50 billion in bailout funds"
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Old 04-25-2012, 07:01   #31
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Here, maybe this will clarify the issue: FactCheck.org : Ford Motor Co. Does U-turn on Bailouts

Basically, Ford did lobby for the bailout money because they felt that if the other companies failed, it would hurt suppliers and ultimately cause Ford to suffer as well. They asked for a 9 Million dollar credit line, meaning there was 9 Million available to them if they decided they needed it. They eventually did take $5.9 Million I believe for retooling.
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Old 04-25-2012, 10:20   #32
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You will notice that the first place that the libs want to go for cuts is Social security and medicare. What about all of the billions that go to welfare, we need to quit subsidising the lazy, most of whom have never paid a dime into the system.
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Old 04-25-2012, 17:46   #33
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Okay, GM falls.

Who's going to buy it?

Well, the reality is, they are a huge GLOBAL company. The factories in China would be snapped up, as they are huge sellers there.
And the brands? Well, they had customers, and brand value, so they would be snapped up too, but all the UNION contracts would have been lost, and the investors? They would be serviced first at bankruptcy, as the LAW is written.

And the suppliers? Sure, they would have had tough times, but they would have survived much as they have now.

It would have taken 6 months, tops.
And the recovery? it would be faster than it is now.

Same goes with the banks. Let the fail, and in 6 months, the economy is back up and running again.

But throw government into the mix? And you get our slow, stagnant "recovery" that still has yet to get unemployment numbers back down to where they were when Obama took office, nearly 4 years later...

Talk about stupid running the show, that's Obama.
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Old 04-25-2012, 17:57   #34
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Adjuster - Very true. That's why I supported McCain's proposal. Too bad he lost the election.

woodstock - that article was very helpful. Thank you.
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