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GMAC Continues Sponsorship of Bowl Game Despite $5 Billion Taxpayer Bailout
businessandmedia.org ^
| January 2, 2009
| Jeff Poor
Posted on 01/02/2009 2:29:14 PM PST by Rufus2007
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To: Rufus2007
I saw this on FOX this afternoon.
They're all crooks and the government We (or somebody) elected is complicit.
Most people won't even know this because they don't watch FOX or lurk on FR.
21
posted on
01/02/2009 3:44:17 PM PST
by
PistolPaknMama
(Al-Queda can recruit on college campuses but the US military can't! --FReeper airborne)
To: ABG(anybody but Gore); aft_lizard; Archie Bunker on steroids; Auntbee; Bad~Rodeo; Bat_Chemist; ...
The FR College Football Ping List
FReepmail GOP_Raider to be on or off this list
22
posted on
01/02/2009 3:48:43 PM PST
by
GOP_Raider
(Have you risen above your own public education today?)
To: GOP_Raider
Good Luck tonite. This is one hell of a test for UTAH!
To: I see my hands
The check wasn't a rebate, it was welfare.For me it was a new 40cal handgun. :^)
To: GOP_Raider
I realize it has nothing to do with this thread but I imagine you’ve got some kind of a party set up.
To: eyedigress
Thanks, I really appreciate it.
Unfortunately, I have to work tonight so I’m going to be here with FOX on one of my monitors—a bunch of my friends in SLC are in the Big Easy as we type however. I’ll have burned an ulcer or two through my stomach if this one is still competitive in the 2nd half. :)
26
posted on
01/02/2009 4:13:36 PM PST
by
GOP_Raider
(Have you risen above your own public education today?)
To: Las Vegas Ron
Exactly, they have withdrawn from future games. In fact, corporate sponsors are dropping like flies. Nascar is in trouble also.
27
posted on
01/02/2009 4:19:52 PM PST
by
bronxboy
To: GOP_Raider
It’s a big game but you guys didn’t go undefeated for no reason.
To: Las Vegas Ron
And I meant to add, how are they supposed to sell without advertising their product? That this snotty report is from a website called businessandmedia.org is quite revealing, too.
Evidently, the editors of the website have no clue as to how businesses use media to promote their product.
Advertising pays the media's freight but reporters are so dumb as to bite the hand that feeds them.
29
posted on
01/02/2009 4:25:39 PM PST
by
okie01
(THE MAINSTREAM MEDIA: Ignorance on Parade)
To: PugetSoundSoldier
"GM did not pay $5 billion in taxes."GM pays substantially more than that annually when you consider all of the payroll, income, and business taxes for itself and its employees.
30
posted on
01/02/2009 4:30:27 PM PST
by
norwaypinesavage
(Global Warming Theory is extremely robust with respect to data. All observations confirm it)
To: Las Vegas Ron
“The contract to do this was probably done and paid for a year agao”
Not to mention what the penalties for withdrawing the sponsorships would have been.
31
posted on
01/02/2009 4:34:11 PM PST
by
EDINVA
To: okie01
Advertising pays the media's freight but reporters are so dumb as to bite the hand that feeds them. Exactly...kind of like how the gubmint treats us taxpayers too, ba$turds
32
posted on
01/02/2009 4:39:08 PM PST
by
Las Vegas Ron
(The tree of liberty is getting mighty dry)
To: okie01
If GMAC paid $500k for 8 years of sponsorship, that would be a no brainer.
Unfortunately, this article is so poorly written you can not ascertain the facts.
To: I see my hands
Do you think 12K pays for your family's keep? I paid much more Fed income tax than 12K, didn't get a check and paid for yours. Then you are either a non-resident alien, or your AGI was above $87,000 or you are lying. For those that paid taxes, this is not welfare, this is a net reduction in tax rates.
I suppose any cut in taxes - or any mid-year correction in deductions, such as with vehicle mileage - is a welfare check in your eyes? Do you just give your entire check to the Government?
34
posted on
01/02/2009 5:28:12 PM PST
by
PugetSoundSoldier
(Indignation over the sting of truth is the defense of the indefensible)
To: Rufus2007
Would it not be that the tax payers sponsored the bowl games!!!
35
posted on
01/02/2009 5:36:56 PM PST
by
org.whodat
(Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
To: I see my hands
You sound like a good Ted Kennedy-Democrat, where a tax cut is a "tax expenditure," or, in this case, where getting money back on the taxes paid is welfare.
If you paid more than 12k, why did you not get the rebate? If you made too much, I understand your gripe. But your thinking is wrong.
36
posted on
01/02/2009 7:10:41 PM PST
by
jammer
To: PugetSoundSoldier
"Then you are either a nonresident alien, or your AGI was above $87,000 or you are lying" "For those that paid taxes, this is not welfare, this is a net reduction in tax rates" "Do you just give your entire check to the Government?" Guess which. Wrong again, greedy. I paid fed income taxes, lots of them. I got no reduction, you got a dole check. Apparently not. I'm also passing out $600 checks to those whose only claim is they aren't productive enough. Now that you've taken what others created just shut up if you can't say thank you.
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To: jammer
"You sound like a good Ted Kennedy-Democrat." Yeah right, while my money is in your pocket. You moochers have got more nerve than a bum tooth and zero moral authority to opine negatively on corporate bailouts.
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To: I see my hands
Sucks to be you, I guess... You need a new CPA if you couldn’t get your tax rebate, since it only went to those who made less than $87,000 AGI and paid more than $600 in Federal income tax.
Or you’re just upset that you’re in a higher tax bracket? Progressive tax rates suck, but with the $87,000 AGI cap all this is, is an adjustment to that progressive rate.
I paid far more in Federal taxes than $600; I got some of that back. Maybe you need to learn more about how to structure your income so you can benefit from the lowest possible tax rate. See Judge Learned Hand for some choice quotes about the duty of citizens to do just this.
39
posted on
01/02/2009 8:13:25 PM PST
by
PugetSoundSoldier
(Indignation over the sting of truth is the defense of the indefensible)
To: GOP_Raider
I’ll jinx you now. Congratulations! (Your team has changed the landscape of the BCS)
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