joether
Posts: 5195
Joined: 7/24/2005
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quote:
ORIGINAL: ddstarr
Obama demonizes the most productive citizens and encourages more and more people to be government dependent. He has no respect for the constitution (use of czars to get around senate, granting amnesty to illegals by exec order, etc...) or the rule of law. He gave GM to his union thug buddies and screwed the bond holders. He gave $500mm of OUR money to his friends at Solyndra.
What they never understand is................. eventually you run out of Other Peoples Money!!!
The president hasnt demonized anyone that didnt already deserve it (Like the Republicans and Syria). If anything he has been quite presidental in dealing with concepts, people, and a horde of problems. Its just to bad that you lack the intelligence, education and most of all....wisdom.....to understand all these complicated and complex matters. Usually such stuff is left to the adults in this country and not the children. But Conservatives have dimished themselves on purpose and de-evolved back to a 6th grader in mentality, emotional value, and education; for reasons unknown to most other Americans. You bad the ACA, but yet, I could drop a $1000 bet that you really dont know whats actually *IN* the bill. I'm pretty sure you didnt bother to *READ* the bill. Which, according to the Founding Fathers is YOUR RESPONSIBILITY as a US Citizen. You dont know whats in the bill, even though its been in law for over a year and a half. Is there some problem you have in reading 934 pages? Yeah, alot of it is pretty dry stuff; but if I read it, so can you!
Mr. Obama holds much more respect for the US Consitution than you do it seems; He took the time to graduated top of his class from Harvard with a J.D and became a Consitutional Scholar. Do you know what Consitutional Scholars do on a daily basis? Here's a hint: Has much to do with the US Consitution, the Rule of Law, and the Philosophy of both.
And the 'old GM got money thereby making Obama a Socialist' gag. Seriously, instead of parroting what the conservative misinformation machine brainwashs you to babble; why not instead study....THE FACTS....and make an informed judgement of the details? Here, here is the actual facts surrounding GM's 'bail-out':
The President invested (like anyone would do as a capitalist) into a well known American brand name. In this case, General Motors Company. He invested quite a few billion into the company. But he did not invest in common stuck, but preferred shares. Why? Two reasons: 1) Preferred Shares, or 'Blue Chip Stocks', have a higher return on investment over common stock, AND, 2) If a company goes bankrupt, preferred share holders usually get the full price of thier shares before those of common stock holders. As a note preferred shares of stock in a company never grants voting rights or direct control over a company's assets, people, or company direction (that's the trade off from common stock). So, *IF* the President had invested in common stock, you could make the arguement that he took over GM as a socialist. Since he purchased preferred stock, he invested as an actual Captialist!  (Which was a really smart investment as the US Goverment got dividends from it).
There by showing just how ignorant you are on FACTS and EVIDENCE. And you know how many times I've had to explain this to conservatives? Every time they spew forth the GM issue. Now the question is, will you learn from what you were just taught, or will I have to rattle this off to you on some other thread in the future because your intelligence level is not high enough to understand common finacial information easily found in most high school level economic and financial class room textbooks?
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