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Auto Bailout Loss Could
Exceed $70 Billion
Breitbart´s Big Government, by Seton Motley
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Original Article
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Posted By:KarenJ1, 12/11/2012 11:18:33 AM
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| Courtesy of the $83 billion auto bailout - on which we are already poised to lose more than $40 billion - the taxpayers are stuck with 26% stock ownership of General Motors (GM). It could get much worse. Judge Set to Rule on Case That Could Reverse Auto Bailout A New York federal judge may rule imminently on a case that could reverse the General Motors bailout and send the company back into bankruptcy.... At issue is a backroom deal hatched by GM to fulfill the Obama administration’s demand for a quick bankruptcy, draining
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Comments:
We all knew this wouldn´t end well. No wonder this country is going bankrupt. The waste of taxpayer money is reprehensible.
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Reply 1 - Posted by:
nimby, 12/11/2012 11:28:59 AM (No. 9059557)
Send the bill to Obama supporters.
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Reply 2 - Posted by:
Johnny Angle, 12/11/2012 12:00:18 PM (No. 9059646)
Way to go, Ohio. You all loved it, now marry it.
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Reply 3 - Posted by:
bob913, 12/11/2012 12:00:48 PM (No. 9059649)
obama was in Detroit saying how wonderful unions are....
Democrats do not care how much destruction they cause. They always protect themselves from their own policies they want to force upon us.
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Reply 4 - Posted by:
mickturn, 12/11/2012 1:06:01 PM (No. 9059813)
Take it from the UNIONS, they got it all!
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Reply 5 - Posted by:
Javelin, 12/11/2012 1:22:14 PM (No. 9059838)
Obama flouted bankruptcy law in this deal and was unconcerned about the effects of such perfidy. The new GM is doing many things correctly, but there is a bar sinister on its coat of arms - its provenance at the hand of The Won.
As to the Spyker suit, I believe the new GM may win on that one. GM opposed a Chinese takeover of Spyker-owned Saab in order to protect intellectual property which the Chinese wanted to get on the cheap and despite GM´s opposition.
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Reply 6 - Posted by:
strikingviking, 12/11/2012 1:31:01 PM (No. 9059858)
I just bought a new Ford Taurus. Best car I ever owned. When I started shopping, my rule was no Government Motors car for me. I walked right past the GM and Chrysler lots.
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Reply 7 - Posted by:
tennman, 12/11/2012 1:43:46 PM (No. 9059891)
Just wondering how much air time on MSM this will get, considering how much the AIG story´s commanding.
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Reply 8 - Posted by:
BreakRight, 12/11/2012 1:52:46 PM (No. 9059908)
If the government only owns 26% of GM stock,
does the UAW own the rest? I had stock in GM when it was taken over, presumably worthless now.
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Reply 9 - Posted by:
MattMusson, 12/11/2012 1:57:58 PM (No. 9059925)
and $100 Billion - after the Chevy VOLT.
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Reply 10 - Posted by:
kens, 12/11/2012 2:00:49 PM (No. 9059937)
This is the same judge that turned bankruptcy law on its ear in the first place. He doesn´t have the stones to try to make it right. All bluster but he´ll cave. Afterall, he´s a lawyer, right?
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Reply 11 - Posted by:
Kurto, 12/11/2012 2:16:07 PM (No. 9059975)
This is all 0bama´s doing, all the way. An ignorant electorate gave this dope the power to ruin the country, and here it is.
Everything 0bozo touches turns into dogdoo.
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Reply 12 - Posted by:
dirtydave, 12/11/2012 2:36:23 PM (No. 9060017)
Number 11. Dogdoo seemed quite acceptable to 51% of the voters. This is no longer a question of waiting for the next election cycle. The problems are deeper, more fundamental. We seem all too accepting of waste, fraud, incompetence, lies, corruption and dissipation. This is just the latest version of it.
What comes next? Don´t know, but preparing for the worst can´t hurt.
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Below, you will find ...
Most Recent Articles posted by "KarenJ1"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "KarenJ1"
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Obama Exploits Grieving Sand
Hook Mother in Weekly Address
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Breitbart´s Big Government, by Ben Shapiro
Original Article
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Posted By: KarenJ1- 4/14/2013 9:41:04 AM
Post Reply
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On Saturday, President Obama handed over the camera and teleprompter to the mother of a victim of Sandy Hook Elementary shooter Adam Lanza. Explaining his exploitative choice via email to his entire WhiteHouse.gov email list, Obama explained: Each week, like many presidents before me, I sit down to record a short address to the nation. It´s something I take very seriously because it offers a chance to bring focus to an issue that needs to be part of the national dialogue. But today, I´ve asked someone to take my place.
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Sen. Rubio, If Immigration Reform´s
Worth Doing, It´s Worth Doing Right
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Breitbart´s Big Government, by Joel B. Pollak
Original Article
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Posted By: KarenJ1- 4/14/2013 9:35:38 AM
Post Reply
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"Comprehensive immigration reform" is shaping up to be the next Obamacare. By negotiating in secret, by drafting an enormously complicated bill, and by rushing passage with almost no time for public debate, the Senators who are pushing immigration reform are following the same path that divided the nation in 2009-10 and led to one of the worst expansions of federal regulation, spending and power in American history. Though they may have the best of intentions as regards the underlying result, Sen. Marco Rubio (R-FL) and his colleagues in the
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Ben Carson to meet
with Herman Cain
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Daily Caller, by Alex Pappas
Original Article
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Posted By: KarenJ1- 4/14/2013 9:26:58 AM
Post Reply
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Ben Carson, meet Herman Cain. The duo are scheduled to be together Monday when Cain — the former Republican presidential candidate — hosts about 10 prominent black conservatives in Washington D.C. Cain and Carson have several things in common: both have been encouraged to run for president after wowing conservative crowds excited about the prospect of a black conservative in the White House. Neither have ever served in public office. Cain — the former CEO of Godfather’s Pizza — ran for president as a Republican in 2012. Carson, the director of pediatric neurosurgery at Johns Hopkins Hospital,
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Mark Levin: ‘Fascist’ GOP
congressman is trying to
have his show pulled off air
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Daily Caller, by Jeff Poor
Original Article
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Posted By: KarenJ1- 4/14/2013 9:22:21 AM
Post Reply
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On his Friday show, syndicated talk show host Mark Levin said that a Republican congressman is attempting to persuade one of his affiliates to remove his show from the airwaves. Although Levin would not offer the congressman’s name on air, he has been a vocal critic of various members of the House Republican leadership in the past. But Levin called the situation “fascism.” “Well, it has come to my attention that there is a Republican congressman out there who doesn’t like what I’ve been saying,” Levin said. “It has come to my attention that there is a
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Sebelius: We ‘Have Our Hands Full’
with ObamaCare, Can’t Prepare
for Immigration Reform Impact
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PJ Media, by Nicholas Ballasy
Original Article
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Posted By: KarenJ1- 4/13/2013 11:48:56 AM
Post Reply
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Health and Human Services Secretary Kathleen Sebelius said her department has its “hands full” with the implementation of the healthcare law and cannot prepare for any immigration reform bill’s impact on health insurance costs. During a House Ways and Means Committee hearing on Friday, Texas Republican Rep. Kenny Marchant asked Sebelius, “Has HHS made any preparation for how to meet the added cost of providing care for the potential 10 or 12 million people that might gain permanent resident status under any kind of an immigration bill?” In response, Sebelius said, “Sir, we don’t do
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Supernanny Cass Sunstein’s
‘Friendly Paternalism’: It’s
For Your Own Good, America
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Canada Free Press, by Warner Todd Huston
Original Article
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Posted By: KarenJ1- 4/13/2013 11:39:38 AM
Post Reply
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Cass Sunsetein, one of President Obama’s leading left-wing, university eggheads, has penned an interesting piece in New Republic explaining how the nanny state is really a very important and useful aspect of today’s modern Democrat scheme. It’s for your own good, don’t you know? Launching his April 8 piece, “Why Paternalism Is Your Friend,” Sunstein evokes New York Mayor Michael Bloomberg’s (mostly failed, not that Sunstein says so) nanny state efforts to take away his constituents’ freedom on such things as trans fats, sodas, and guns. Sunstein points out that to his mind, all
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Weiner´s Media Rehab
Ignores Larger Scandal
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Townhall, by Diana West
Original Article
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Posted By: KarenJ1- 4/13/2013 11:15:43 AM
Post Reply
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More than 5,000 words into the New York Times Magazine report on everything ex-Rep. Anthony Weiner, D-N.Y., and his wife, Huma Abedin, want you to know about Weiner’s “sexting” scandal that led him to resign from Congress in 2011, reporter Jonathan Van Meter pauses the story. Van Meter, a contributing editor at Vogue and New York Magazine, had worked diligently on this New York Times Sunday Magazine cover story – multiple interviews with Weiner and Abedin, both as a couple and separately. On some level, the prurient banality of what he was writing about must have gotten to him.
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The Teflon Prez to publicly
mourn the ‘Iron Lady’?
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Canada Free Press, by Judi McLeod
Original Article
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Posted By: KarenJ1- 4/13/2013 11:06:40 AM
Post Reply
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Don’t worry, Lady Maggie: “Michelle and Barack will carry on the work to which you dedicated your life now that you’re gone. According to the Daily Mail, in Barack Obama’s own words: “Michelle and I carry on the work to which she dedicated her life…” Statement from the President on the Passing of Baroness Margaret Thatcher—White House. Surely ‘The Iron Lady’ will rest in peace knowing that the uncrowned ‘King and Queen of the “Me, Me, Me” Generation’ will be stoically carrying on her hard work between their trademark lavish holidays. Not only are the
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Durbin, Obama linked to defunct
Chicago nonprofit under investigation
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Daily Caller, by Patrick Howley
Original Article
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Posted By: KarenJ1- 4/13/2013 8:15:54 AM
Post Reply
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Democratic Illinois Sen. Dick Durbin urged a Senate subcommittee chairman to appropriate $1 million in federal funds for a Chicago nonprofit that is now under investigation for potential fraud, according to documents obtained by The Daily Caller. Durbin’s relationship with Chicago’s embattled Save-A-Life Foundation began in the mid-1990s and continued for at least several years, with Durbin even being listed as a member of the foundation’s “Advisory Council,” according to the documents. President Barack Obama also had a relationship with Save-A-Life during his tenure as an Illinois state senator and U.S. senator, meeting with the organization’s founder and
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Michelle Obama won´t play
leading role in gun control
debate, officials say
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The Hill [Washington, DC], by Amie Parnes
Original Article
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Posted By: KarenJ1- 4/13/2013 8:03:20 AM
Post Reply
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Don’t expect First Lady Michelle Obama to continue a high-profile role in the gun control debate. Administration officials with knowledge of the White House strategy tell The Hill the first lady will not be an active part of the debate going forward, at least in terms of gun policy. Obama will instead be focused mostly on youth empowerment, as she has in recent years, continuing her mentoring programs and “Let’s Move!” her childhood obesity initiative. In a rare move, the first lady entered the national discussion on gun control earlier this week when she delivered
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Jonathan Winters, RIP
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Power Line, by Steven Hayward
Original Article
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Posted By: KarenJ1- 4/12/2013 10:26:36 PM
Post Reply
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I’m not sure how widely it was known that Jonathan Winters, whom Robin Williams thought the best comic of his generation, was a conservative. In any case, I sometimes used to show students in my classes on the American Founding the early scene from “It’s a Mad, Mad, Mad World” where the whole gang tries to deliberate about how to divide the loot fairly when they finally got to the site where the loot was hidden, and how it could illustrate . . . the “great compromise” of the constitutional convention of 1787 in Philadelphia.
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RNC members reaffirm party´s
opposition to same-sex marriage
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The Hill [Washington, DC], by Alexandra Jaffe & Justin Sink
Original Article
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Posted By: KarenJ1- 4/12/2013 10:18:07 PM
Post Reply
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The Republican National Committee has reaffirmed its opposition to gay marriage with a slate of resolutions passed unanimously at its spring meeting. Several resolutions re-establishing the party´s official position were adopted without discussion on Friday. One resolution states the party´s belief that "the institution of marriage is the solid foundation upon which our society is built and in which children thrive; it is based on the relationship that only a man and a woman can form." The RNC also expresses its “support for marriage as the union of one man and one woman,
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Most Active Articles (last 48 hours)
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The Golf World Is Outraged That
Tiger Woods Didn´t Get Disqualified
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Business Insider, by Tony Manfred
Original Article
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Posted By: SoCalGal- 4/13/2013 1:56:27 PM
Post Reply
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Pro golfers, golf writers, and TV commentators are up in arms that Tiger Woods was only given a 2-stroke penalty for his illegal drop on the 15th hole yesterday. Tiger said last night that he dropped his ball two yards behind his previous spot, clearly violating the rule that you must drop "as nearly as possible" to your original spot. Golf people are not happy about it. They say that the new rule is B.S. (or it´s at least being misinterpreted), and Tiger should DQ himself to save the integrity of the game.
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From Dehumanizing Word
Games to Gosnell
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National Review Online, by Andrew C. McCarthy
Original Article
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Posted By: StormCnter- 4/13/2013 6:07:01 AM
Post Reply
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In Philadelphia, at a human abattoir on Lancaster Avenue, is where it ends, not where it starts. It starts with the perversion of language. It starts when the icons of a dissipated culture reduce a baby to a “fetus.” From there, Yeats’s blood-dimmed tide rolls rapidly in. Before long, a baby is not a person but a punishment, as President Barack Obama framed the matter in his familiar off-the-cuff iciness. Of course, to describe newborn children in their boundless possibilities and wonder would be to acknowledge, foremost, their humanity. That is why, instead, abortion enthusiasts must grope for words
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Obamacare Architect: Affordable
Care Act ´Beyond Comprehension´
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Breitbart´s Big Government, by Wynton Hall
Original Article
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Posted By: KarenJ1- 4/12/2013 9:51:16 PM
Post Reply
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Sen. Jay Rockefeller (D-WV), one of the architects of the Affordable Care Act, said on Tuesday that the healthcare law, set to go into full effect in less than eight months, is “probably the most complex piece of legislation ever passed by the United States Congress” and “is just beyond comprehension.” Rockefeller said he is concerned that early missteps with implementing the healthcare overhaul may cascade into confusion and chaos. The law, said Rockefeller, is “so complicated and if it isn’t done right the first time, it will just simply get worse.” Rockefeller’s consternation echoes comments made earlier this
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Philly Abortion Clinic
Workers Saw Few Options
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Associated Press, by Maryclaire Dale
Original Article
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Posted By: JoniTx- 4/12/2013 7:28:32 PM
Post Reply
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They say they were just doing what the boss trained them to do. But eight former employees of a run-down West Philadelphia abortion clinic now face prison time for the work they did for Dr. Kermit Gosnell. Three have pleaded guilty to third-degree murder. And Gosnell, 72, is on trial in the deaths of a patient and seven babies allegedly born alive. In testimony at the capital murder trial this past month, an unlicensed doctor and untrained aides described long, chaotic days at the clinic. They said they performed grueling, often gruesome work for little more than minimum wage,
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The Decline of Obama
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Weekly Standard, by Fred Barnes
Original Article
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Posted By: StormCnter- 4/13/2013 5:13:17 AM
Post Reply
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With President Obama, there’s always a catch. In the 2014 budget he announced last week, Obama proposed a more accurate way of calculating the inflation rate for annual cost-of-living increases in Social Security. It’s a technical change in pursuit of honesty and good government. And if adopted, it would cause benefits to grow more slowly, though almost imperceptibly so. Republican leaders in Congress ought to be delighted since they had “championed”—Obama’s word—the idea in the first place. Then came the catch. The president’s price for adopting this gentle reform was hundreds of billions in new tax increases.
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1,500 Page Immigration Bill to Drop
One Day Before Only Hearing?
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Breitbart Big Government, by Matthew Boyle
Original Article
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Posted By: JoniTx- 4/13/2013 4:29:08 PM
Post Reply
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According to an ABC News report, senators from the bipartisan “Gang of Eight” pushing immigration reform are expected to drop their bill, estimated at around 1,500 pages, on Tuesday, mere hours before the only scheduled Senate hearing on the topic. “A bipartisan group of senators plans to introduce its long-awaited immigration bill on Tuesday, Senate sources confirmed to ABC News,” Jim Avila and Jordan Fabian wrote on Friday. “Four Democrats and four Republicans, known as the ´Gang of Eight,´ wrapped up months of hard-fought negotiations this week and will put forth a bill that includes a pathway
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Senate plan would make clogging
left lane a ticketable offense
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Tampa Tribune, by Bill Cotterell
Original Article
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Posted By: Hazymac- 4/13/2013 11:04:13 AM
Post Reply
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TALLAHASSEE - Picture this: You´re in the left lane of the interstate, driving a little below the speed limit, when some guy zips up behind you and swerves past you on the right. Then you notice the blue lights flashing. You´re savoring the satisfaction of seeing a trooper actually nab an aggressive driver — until you realize it´s you he´s pulling over. This could happen, if not very often, under a major transportation package expected to be taken up in the Senate Appropriations Committee next week. Introduced by Sen. Jeff Brandes, a St. Petersburg Republican, the bill is a 173-page
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Boehner: I Don´t Need
GOP to Pass Gun Law...
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Breitbart´s Big Government, by Ben Shapiro
Original Article
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Posted By: KarenJ1- 4/12/2013 11:51:37 AM
Post Reply
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On Thursday, in the midst of ongoing national debate over prospective gun control and comprehensive immigration legislation, House Speaker John Boehner (R-OH) said that he didn’t need the approval of a majority of his own party to move forward with legislation. Referring to the so-called Hastert Rule, named after former House Speaker Denny Hastert (R-IL), which dictated that House leadership not bring up any bill for a vote without the support of a majority of the majority party, Boehner said, “Listen: It was never a rule to begin with.” Then, realizing the gravity of admitting
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Thatcher thought Britain
was worth fighting for
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Orange County Register (Ca), by Mark Steyn
Original Article
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Posted By: Desert Fox- 4/12/2013 5:58:55 PM
Post Reply
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A few hours after Margaret Thatcher´s death on Monday, the snarling deadbeats of the British underclass were gleefully rampaging through the streets of Brixton in South London, scaling the marquee of the local fleapit and hanging a banner announcing, "THE B@&$! IS DEAD." Amazingly, they managed to spell all four words correctly. By Friday, "Ding Dong! The Witch Is Dead," from "The Wizard of Oz," was the No. 1 download at Amazon UK. Mrs. Thatcher would have enjoyed all this. Her former speechwriter John O´Sullivan recalls how, some years after leaving office, she
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Jonathan Winters, groundbreaking
comic who influenced
generations, dead at 87
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Associated Press, by Staff
Original Article
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Posted By: JoniTx- 4/12/2013 1:16:37 PM
Post Reply
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LOS ANGELES — Jonathan Winters, the cherub-faced comedian whose breakneck improvisations and misfit characters inspired the likes of Robin Williams and Jim Carrey, has died. He was 87. The Ohio native died Thursday evening at his Montecito, Calif., home of natural causes, said Joe Petro III, a longtime family friend. Petro said Winters died of natural causes and was surrounded by family and friends. Winters was a pioneer of improvisational standup comedy, with an exceptional gift for mimicry, a grab bag of eccentric personalities and a bottomless reservoir of creative energy.
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Obama has suffering Newtown mom
give his weekly remarks
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Investor´s Business Daily, by Andrew Malcolm
Original Article
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Posted By: SurferLad- 4/13/2013 9:16:36 AM
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Hi. As you’ve probably noticed, I’m not the President. I’m just a citizen. And as a citizen, I’m here at the White House today because I want to make a difference and I hope you will join me. My name is Francine Wheeler. My husband David is with me. We live in Sandy Hook, Connecticut. David and I have two sons. Our older son Nate, soon to be 10 years old, is a fourth grader at Sandy Hook Elementary School. Our younger son, Ben, age six, was murdered in his first-grade classroom on December 14th.
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