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    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #61

    May 17, 2012, 06:49 AM
    Quote Originally Posted by FirstChair View Post
    All of you seem to know more about all this than I do, so I have a question on a personal business level. I purchased a truck from Chrysler Financial and half way through paying on the loan, supposedly Chrysler went bankrupt after or was it before, receiving a bailout. In any event, about this time I received notification that my loan was being sold to TD Auto Finance out of Canada and that I was to start paying them directly. So there I was paying a foreign country (as much as I love Canada) for an American loan…of which Toronto-Dominion Bank acquired Chrysler Financial for $6.3 billion. Question: Was Chrysler Financial obligated to pay back the American Government any of the $6.3 billion they received from a Canadian bank for the bailout amount that went south, that the American taxpayers’ essential paid for? Wasn't this under Obama's watch?



    TD Auto Finance:
    TD Auto Finance - Wikipedia, the free encyclopedia
    The Chrysler bailout was more complicated because it involved getting a foreign auto maker (FIAT ) to take over Chrysler . Not sure how their financial division was handled ;but best guess from your reply is that it also involved a foreign banking institution.
    TUT317's Avatar
    TUT317 Posts: 657, Reputation: 76
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    #62

    May 17, 2012, 06:50 AM
    Quote Originally Posted by tomder55 View Post

    Repeat after me .....Free Market Capitalism is the best path to Prosperity
    True. Provided you are not poor, socially disadvantaged, elderly or unborn.

    Tut
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #63

    May 17, 2012, 07:03 AM
    Quote Originally Posted by TUT317 View Post
    True. Provided you are not poor, socially disadvantaged, elderly or unborn.

    Tut
    I don't buy that for a minute.
    TUT317's Avatar
    TUT317 Posts: 657, Reputation: 76
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    #64

    May 17, 2012, 07:11 AM
    Quote Originally Posted by speechlesstx View Post
    I don't buy that for a minute.
    The whole lot or just one particular bit?
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #65

    May 17, 2012, 07:27 AM
    The unborn is voiceless . So it is particularly cruel that the government has abrogated it's responsibility to protect the child.
    The elderly that have taken advantage of free market capitalism are doing OK
    The best path for the poor to improve their lot is through the free market ;especially when one contrasts their prospects against ones who become permanent wards of the state .

    The term "socially disadvantaged " is too broad a term to comment on.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #66

    May 17, 2012, 07:40 AM
    Hello:

    Free market capitalism IS the best way to prosperity. But, we don't HAVE that. We have CRONY capitalism. That helps the politically CONNECTED - not good managers.

    As long as a company or an industry can get congress to make special rules for them, they don't have to COMPETE any more... They can just sit there and rake in the money.

    You can tell WHICH companies they are... When you call 'em, you wind up in voice mail jail.. That's ON PURPOSE. They don't NEED to satisfy YOU any longer.. They only need to satisfy their congressmen.

    excon
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #67

    May 17, 2012, 07:48 AM
    Save it Tut, all anyone has to do is take a bath, and get a job. There are plenty of dish washing jobs around. How long have they, the right, been calling poor, socially disadvantaged, elderly lazy drains on society, that should be forced to pay their fair share, while protecting those who have extracted all the wealth.

    When will you listen to them and start making them pay for their own crumbs? That's the free market, if there are no bootstraps, then pull yourself up by your socks, and its your fault you have no socks.
    TUT317's Avatar
    TUT317 Posts: 657, Reputation: 76
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    #68

    May 17, 2012, 07:57 AM
    Quote Originally Posted by tomder55 View Post
    The unborn is voiceless . So it is particularily cruel that the government has abrogated it's responsibility to protect the child.
    The elderly that have taken advantage of free market capitalism are doing ok
    The best path for the poor to improve their lot is through the free market ;especially when one contrasts their prospects against ones who become permanent wards of the state .

    The term "socially disadvantaged " is too broad a term to comment on.
    Hi Tom,

    No, SCOTUS abrogated its responsibility by not implementing legislation from the bench.

    The elderly are doing Ok? Ok, is not too broad a term?

    Yes, I guess the poor have no market value.

    Tut
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #69

    May 17, 2012, 08:09 AM
    Yes, I guess the poor have no market value.
    Too many examples of the poor lifting themselves up and improving their lot to take that comment seriously . Generation after generation of Americans came here poor ;and they or their families did not remain so. This happens today and it happened years before the government decided that they would not survive without government intervention. I don't know enough about your country to make that claim ;but it is absolutely true here.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #70

    May 17, 2012, 08:39 AM
    Yes we do have many examples of people who overcome their obstacles, and even more of people who have made a life and go un noticed and even more of people who end up in jail. While its great to be positive, and proactive, you still have to acknowledge the great majority who stay positive and proactive, and never get rich. So why penalize them, and demonize them, or even blame them when they need a helping hand every now and then?

    And what's the value of making more poor people by cutting off the circulation of MONEY, while blaming the guy who came into this mess that the free market created?

    The free market, and job creators are but lies to justify robbery, and bad GREEDY behavior. So when are the jo creators and free markets going to take responsibility, and clean up their own mess, or even apreciate the ones that saved their arses from oblivion?

    Or it at least, be made to pay for their crimes!?
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #71

    May 17, 2012, 08:53 AM
    Quote Originally Posted by talaniman View Post
    Save it Tut, all anyone has to do is take a bath, and get a job. There are plenty of dish washing jobs around. How long have they, the right, been calling poor, socially disadvantaged, elderly lazy drains on society, that should be forced to pay their fair share, while protecting those who have extracted all the wealth.
    I've never said that.

    When will you listen to them and start making them pay for their own crumbs? That's the free market, if there are no bootstraps, then pull yourself up by your socks, and its your fault you have no socks.
    Come on Tal, repeating the lie is not going to make it true. You might get someone to believe it but it's still a lie, just like the ridiculous "war on women" meme. I've already told you that like millions of other Americans I put my money where my mouth is. And when I say MY MONEY, I mean MY MONEY, voluntarily and out of true love and concern. Unlike Obama who when he says "I am my brother's keeper" he means "I'm going to take your money against your will and waste it through inefficient bureaucracies while your brother goes without."

    Just as the free market is the best path to prosperity, private benevolence is the most efficient way to help those in need. When the feds become as efficient as World Vision in helping those in need I'll listen to you. Meanwhile, I'll continue to get the most effective use of my contributions.
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #72

    May 17, 2012, 08:54 AM
    Quote Originally Posted by TUT317 View Post
    The whole lot or just one particular bit?
    The whole lot.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #73

    May 17, 2012, 09:08 AM
    Quote Originally Posted by speechlesstx View Post
    I've never said that.



    Come on Tal, repeating the lie is not going to make it true. You might get someone to believe it but it's still a lie, just like the ridiculous "war on women" meme. I've already told you that like millions of other Americans I put my money where my mouth is. And when I say MY MONEY, I mean MY MONEY, voluntarily and out of true love and concern. Unlike Obama who when he says "I am my brother's keeper" he means "I'm going to take your money against your will and waste it through inefficient bureaucracies while your brother goes without."

    Just as the free market is the best path to prosperity, private benevolence is the most efficient way to help those in need. When the feds become as efficient as World Vision in helping those in need I'll listen to you. Meanwhile, I'll continue to get the most effective use of my contributions.
    You know I don't repeat lies, I state facts and can prove them in the real world, by reading many newspapers, from many cities, and cross checking references and reading published reports and see real people and what they confront. So stop taking it personally when I make statements of facts.

    Refute my facts with yours before you call me a liar. My mind is open to them, but I will check and verify. I expect you to also.
    FirstChair's Avatar
    FirstChair Posts: 179, Reputation: 17
    Junior Member
     
    #74

    May 17, 2012, 09:16 AM
    Quote Originally Posted by excon View Post
    Hello:

    Free market capitalism IS the best way to prosperity. But, we don't HAVE that. We have CRONY capitalism. That helps the politically CONNECTED - not good managers.

    As long as a company or an industry can get congress to make special rules for them, they don't have to COMPETE any more... They can just sit there and rake in the money.

    You can tell WHICH companies they are... When you call 'em, you wind up in voice mail jail.. That's ON PURPOSE. They don't NEED to satisfy YOU any longer.. They only need to satisfy their congressmen.

    excon
    Then I suppose we can expect... more bad days are coming.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #75

    May 17, 2012, 09:27 AM
    "Then I suppose we can expect...more bad days are coming."


    No just more work to do!! Bad days as well as good ones come and go all the time.
    FirstChair's Avatar
    FirstChair Posts: 179, Reputation: 17
    Junior Member
     
    #76

    May 17, 2012, 09:39 AM
    Quote Originally Posted by talaniman View Post
    "Then I suppose we can expect...more bad days are coming."


    No just more work to do!!! Bad days as well as good ones come and go all the time.
    Tushay!. A brief relapse of pessimism.
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #77

    May 17, 2012, 09:49 AM
    Quote Originally Posted by talaniman View Post
    You know I don't repeat lies, I state facts and can prove them in the real world, by reading many newspapers, from many cities, and cross checking references and reading published reports and see real people and what they confront. So stop taking it personally when I make statements of facts.

    Refute my facts with yours before you call me a liar. My mind is open to them, but I will check and verify. I expect you to also.
    Show me the facts brother, all you showed me was rhetoric - the insinuation (better?) that free market conservatives don't give a rat's a$$ about helping people in need and saying it's their own fault "you have no socks." Totally untrue, and I'll be eagerly awaiting your facts proving otherwise.
    talaniman's Avatar
    talaniman Posts: 54,325, Reputation: 10855
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    #78

    May 17, 2012, 10:03 AM
    Never thought you would ask. I will start with the Ryan budget, passed TWICE in the house, and touted by the current presidential candidate.

    Fact-checking the Ryan budget plan - The Washington Post

    Facts and figures: Best budget ever | The Economist

    10 Myths of Ryan's House Budget Plan


    These are but 3 of the sources that leads me to believe this plan is a hoax to hide robbery, and extraction. I have more data, but due to injury, I have to replace my 3rd baseman. Plus my daughter is bugging me for something or other, but I will return for YOUR facts and logic if you have some! And the prerequisite rhetoric if need be
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
    Ultra Member
     
    #79

    May 17, 2012, 10:27 AM
    Quote Originally Posted by talaniman View Post
    never thought you would ask. I will start with the Ryan budget, passed TWICE in the house, and touted by the current presidential candidate.

    Fact-checking the Ryan budget plan - The Washington Post

    Facts and figures: Best budget ever | The Economist

    10 Myths of Ryan's House Budget Plan


    These are but 3 of the sources that leads me to believe this plan is a hoax to hide robbery, and extraction. I have more data, but due to injury, I have to replace my 3rd baseman. Plus my daughter is bugging me for something or other, but I will return for YOUR facts and logic if you have some! And the prerequisite rhetoric if need be
    Quite unsure how speculation on the Ryan budget implicates all free market conservatives as coldhearted, uncaring people or that Republicans want to do away with the government safety net. I know I've personally said it here until I've run out of breath that I believe in a government safety net. I just don't believe it should be expanded infinitely or that our private resources be diverted from maximum impact to government waste. If you can't see how bad government is at spending our money then you need new glasses.

    I don't have an extra 3B but I have a spare SS, and I'm still killing you guys with only 4 outfielders.
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #80

    May 17, 2012, 10:58 AM
    Josh Hamilton can't stay that hot forever .

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