THE BORE
General => The Superdeep Borehole => Topic started by: Ganhyun on April 30, 2009, 03:52:58 PM
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http://money.cnn.com/2009/04/30/news/companies/chrysler_bankruptcy/index.htm?postversion=2009043009
he bankruptcy filing, which was made in federal court in New York, comes after some of Chrysler's smaller lenders refused a Treasury Department demand to reduce the amount of money the troubled automaker owed them.
The president harshly criticized the hedge funds and investment firm creditors that refused to go along with the deal accepted by larger lenders, saying that they had "decided to hold out for the prospect of an unjustified, taxpayer funded bailout."
Why is it unjustified? The government has already wasted 4 Billion dollars bailing them out before. Why shouldn't they expect the government to blink and do it again?
Just a drop in the bucket to what Obama plans to spend, but still, 4 Billion wasted.
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obomba strikes again
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that goddamn fucking asshole
you know he rapes his kids too right?
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B b b but I thought the government could manage it all better and save them with a bailout. :yuck
They should have filed for bankruptcy from the beginning, never should have gotten any money.
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lol
good riddance
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:-\
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B b b but I thought the government could manage it all better and save them with a bailout. :yuck
They should have filed for bankruptcy from the beginning, never should have gotten any money.
lol, careful man, you'll get pidgeon-holed.
Edit: But of course you know, we HAD to bail them out after all. Too big to fail and all that jazz. :smug
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My dad better dump his Grand Cherokee quick before the parts service dries up... :'(
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GETTELFINGER MOTORS AM I RITE
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Obama, in order to help pay down America's debts, is selling one of his daughters to jinfash.
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but still, 4 Billion wasted.
4 billion dollars that kept them afloat prior to bankruptcy, more to keep them afloat during bankruptcy, with the hope that a healthy company that employs tens of thousands of Americans will emerge on the other side.
Yep, all wasted.
::)
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Instead of reading Ganhyun's posts, I'm going to watch the old badger video (http://www.albinoblacksheep.com/flash/badgers).
In my mind I'll substitute "ACORN" for "badger" and "union" for "mushroom".
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How was it wasted? This is a 30-60 day prepackaged bankruptcy with an exit plan.
I wonder how all these people would feel if Chrysler had filed for Chapter 7 instead of geting the loans they needed to achieve a deal with Fiat, and then the government was on the hook for hundreds of thousands of newly unemployed people and paying out pension benefits for them to boot. That'd be a real cash saver.
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WASTED!
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how could white america let this happen?
are there no champions willing to stand up to this tyrant?
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(http://i41.tinypic.com/zv93yr.gif)
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my god
my god
will none of our messageboard heroes stand up for america?
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white people won't revolt unless Obama bans American Idol
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:(
were are our insurgents?
our partisans?
wolverines!
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white people won't revolt unless Obama bans American Idol
.
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:(
were are our insurgents?
our partisans?
wolverines!
Napoleon killed those. :'(
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(http://www.thereheis.com/nucleus3.22/media/gallery/20080924-bailout.gif)
Those fecking bailouts.
(http://www.youngmoney.com/images/articles/Gov_Bailouts_300.jpg)
The money we could have been saving with Geico.
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UAW benefits, Republicans crying bitter, bitter tears :lol
How exactly? Me am Alaskan, me am stupid.
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UAW benefits, Republicans crying bitter, bitter tears :lol
How exactly? Me am Alaskan, me am stupid.
:rofl
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(http://i40.photobucket.com/albums/e212/Jedi631/slide_1101_17524_large.jpg)
Dat ass is appropriate for the guy above Obama. Make it happen PS wizards!
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It looks like he's trying to look around it actually.
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(http://oak.cats.ohiou.edu/~ms322801/evilbore/obama_datass.jpg)