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Senators to hold 2:30pm ET News Conference on auto loan agreement -
CNBC ^
| Nov 20,2008
| CNBC.com
Posted on 11/20/2008 9:53:24 AM PST by stocksthatgoup
Auto Loan Agreement Reached?
(Excerpt) Read more at CNBC.com ...
TOPICS: Breaking News; Business/Economy; Government; News/Current Events; US: Michigan
KEYWORDS: 110th; auto; automakers; bailout; bailoutnation; bush; detroit; economiccrisis; economy; noconfidence; reid
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RINO Alert
To: stocksthatgoup
To: stocksthatgoup
3
posted on
11/20/2008 9:56:02 AM PST
by
lewisglad
To: stocksthatgoup
so the average Joe, who makes about 30 dollars an hour in salary and bennies gets to pay higher taxes in order to subsidize folks making 80 dollars an hour in salary and bennies.
4
posted on
11/20/2008 9:56:43 AM PST
by
camle
(keep an open mind and someone will fill it full of something for you)
To: stocksthatgoup
I'm all for a loan,
I viscerally oppose a bailout.
Period.
5
posted on
11/20/2008 9:57:06 AM PST
by
TitansAFC
(Sarah Palin/Mitt Romney 2012!!! Elway, Schwarzenegger, Ditka, Huckabee, and Hoeven for Senate 2010!)
To: lewisglad
Has the DJI started tanking yet?
6
posted on
11/20/2008 9:57:06 AM PST
by
ZX12R
To: stocksthatgoup
Just like the last bailout, a group of dems got together and said they had an agreement. It turned out they did not, it was just a bunch of dems foaming at the mouth.
I think this is another case of some dems and rinos trying to get in the limelight. I doubt they as of yet have enough votes in the senate and more importantly, enough votes in the White House.
7
posted on
11/20/2008 9:57:09 AM PST
by
mlocher
(USA is a sovereign nation)
To: stocksthatgoup
I guess this reminds me of Twain's observation that no man's wallet is safe while the legislature is in session.
ML/NJ
8
posted on
11/20/2008 9:59:04 AM PST
by
ml/nj
To: lewisglad
I’d feel better if your photo’s were accurate.
Unfortunately, its going to the mafia.
9
posted on
11/20/2008 9:59:24 AM PST
by
G Larry
(BarackÂ’s character has been molded by extremists)
To: ZX12R
It just hit above 8,000.
But I'm not holding my breath.
To: stocksthatgoup
auot loan agreement?
we taxpayers are all getting new autos in exchange for paying country club and union dues for the next 3 months?
Do we get to pick our options?
11
posted on
11/20/2008 10:00:15 AM PST
by
silverleaf
(Fasten your seat belts- it's going to be a BUMPY ride.)
To: stocksthatgoup
Some sort of agreement has been reached. GM is back to over $3.20.
To: TitansAFC
This is just a loan that will never be repaid.
To: stocksthatgoup
sounds like the bush plan.. use the money already set-aside for alternative fuel development..
To: stentorian conservative
It just hit above 8,000. But I'm not holding my breath.
According to my scotttrade ticker, it has fallen 130 points on the news. So far.
15
posted on
11/20/2008 10:03:39 AM PST
by
ZX12R
To: stocksthatgoup
Senators to hold 2:30pm ET News Conference on auto loan agreement -
They ought to be standing in front of one of these...
16
posted on
11/20/2008 10:06:47 AM PST
by
COBOL2Java
(Obama: Satan's Counterfeit Christ)
To: stocksthatgoup
Sounds familiar... and exactly what many of us have been saying would happen all along... they would pretend that no deal could be made, lots of prostration over the plight of those being bailed out, then bing...there is an agreement.
The UAW has been in overdrive, as has GM and their customer email list...
17
posted on
11/20/2008 10:07:13 AM PST
by
TheBattman
(Pray for our country....)
To: stocksthatgoup
I have a question, why couldn’t the government buy some/all of the cars and trucks the Big 3 currently have in inventory at cost, and I mean demonstrated cost, then turn around and sell the inventory via Federal auctions? Detroit would turn dead inventory into badly needed cash, millions of new cars would be sold and the taxpayers would recoup most of their investment. At least this way taxpayers will get something back because I heard on tv the Big 3 will actually need up to $400 billion to survive.
18
posted on
11/20/2008 10:10:56 AM PST
by
moose2004
(Drill, Drill, Drill, Drill, Drill, Drll And Then Drill Some More)
To: stocksthatgoup
“Auto Loan Agreement Reached?”
Sort of...they have agreed to a list of earmarks to include.
19
posted on
11/20/2008 10:12:44 AM PST
by
Cletus.D.Yokel
(Patriotism: Not voting for the candidate whose strongest qualification is being a minority.)
To: stocksthatgoup
So, another superb plan from the Congress. Gee. I’m all excited!
This will fix things.
I must make a note to get some tranquilizers on the way home.
20
posted on
11/20/2008 10:13:24 AM PST
by
RexBeach
("There is no such thing as a good tax." Winston Churchill)
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