That's because neocons stop at just tax cuts, tbh.... they'd never consider real spending cuts because then somebody might realize how bloated their beloved military is, tbh....
its created lots of jobs.....................in india and china
That's because neocons stop at just tax cuts, tbh.... they'd never consider real spending cuts because then somebody might realize how bloated their beloved military is, tbh....
http://www.forbes.com/sites/louiswoo...kruptcy-again/
General Motors Is Headed For Bankruptcy -- Again
President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly compe ive in the U.S. market.
Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would need to get about $53.00/share for these to break even on the bailout, but the stock closed at only $20.21/share on Tuesday. This left the government holding $10.1 billion worth of stock, and sitting on an unrealized loss of $16.4 billion.
There are currently 1 users browsing this thread. (0 members and 1 guests)