Obama Admits Obamacare Unworkable.

[Schneibster]

You're a nut.

It was in all the newspapers.

Bonjour.

Sorry, I don't argue with paranoid psychotics. Bye now.

[Schneibster]

And how do you explain the coming bankruptcy of Chicago? Another Democrat fiefdom. Like Detroit.

Fitch Ratings downgrades Chicago credit worthiness; Dropped from AA- to A- due to public pension debt

Ummmm, Obama doesn't live there any more.

Maybe you forgot.

[MSimon]

President Obama’s phony accounting on the auto industry bailout

http://www.washingtonpost.com/blogs/fac ... _blog.html

GM: repaid $23.1 billion of the $49.5 billion it got from the U.S. Treasury, including all of its outstanding loans. But Treasury still owns 500 million shares, or 32%, of GM stock. To recoup its full investment, GM stock needs to hit $52.80 per share. It’s currently trading around $21. GM also received a $106 million matching grant to build a battery factory in Brownstown, MI, where it is assembling battery packs for the Chevrolet Volt plug-in car using cells imported from Korea.

Chrysler: repaid $9.2 billion, fulfilling its debt obligations to the U.S. and Canadian governments, and is now owned by Italian automaker Fiat (58.5%) and a health care trust for UAW retirees (41.5%). Overall, taxpayers lost $1.3 billion on the Chrysler bailout. In full recovery mode, Chrysler is currently the fastest-growing carmaker in the world.
http://www.forbes.com/sites/joannmuller ... ise-you/2/

Chrysler to pay back all but $1.3B of bailout
http://usatoday30.usatoday.com/money/au ... ment_n.htm

The truth behind Chrysler’s fake auto bailout pay back
http://washingtonexaminer.com/article/145552

That was in all the papers too.

[MSimon]

And how do you explain the coming bankruptcy of Chicago? Another Democrat fiefdom. Like Detroit.

Fitch Ratings downgrades Chicago credit worthiness; Dropped from AA- to A- due to public pension debt

Ummmm, Obama doesn't live there any more.

Maybe you forgot.

So if he had lived there they would be doing fine? As fine as ObamaCare(less)? I'm impressed.

And Democrats no longer run the place as they have done since the 60s? Well. I must be misinformed.

[MSimon]

Detroit. And soon to be Chicago.

[Schneibster]

Some of it was repaid with stock, which the US Treasury held so as not to flood the market.

The price of the stocks went down because the teatraitors sabotaged the economy.

Nice try. This time you're only repeating lies that others told you so I guess that's a step up.

[Schneibster]

Detroit. And soon to be Chicago.

So finally your cryptic comments come clear.

Teatraitor economic sabotage. Among which is stripping police, firefighters, and nurses.

[Schneibster]

Oh, and two other things: the bailout was US$80 billion. Of that we had all but US$15 billion back, and the government just sold US$12 billion worth. So now it's down to US$3 billion.

Here's the source for US$15 billion: http://money.cnn.com/2012/09/06/autos/auto-bailout/
And here's the source for the US$12 billion sale: http://abcnews.go.com/Business/wireStor ... k-20868867

That is, 3/80 or 3.75% remains.

And GM shares are marked "buy," according to that article, are closing in on 40, and some analysts have the expected peak at 50. The government should probably sell the rest at 45 and take a profit of a few billion, just to stuff up people like you's noses.