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leeg1931

Barack Obama's legitimacy

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Jesus'En'Hitler420

 

 

The Congress is not stalled. Democrats hold majority in both houses. And when they didn't have that majority in the Senate, they circumvented the Constitution by ramming the Healthcare bill through by coupling it with a fake House reconciliation bill.

Tell that to Finacial Reform, Immigratation reform, Energy reform, The Fiscal Commition, BP competation, or all the other things I mispelled and have not passed.

It's only "stalled" because of inner fighting between union heads and the hard radicals over who's going to get what. If the sides would stop being their greedy selves only for one moment and commit to their grand cause of sh*tting all over prosperity and liberty, then we'd have all those things and probably more. But remember that for the most part they want everything now. They do not want to wait until they close knit every detail because for all they know, they may not be around to enjoy the fruits of their labors of today.

 

It's like reliving the petty battles between Bruno Gesche and Heidrich Himmler all over again!

 

 

Edited by Jesus'En'Hitler420

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bobgtafan

 

Okay well for one, the fact that its been done before definitely rules out that its not impossible. Two, why would they even see 'conspiracy theorists' as a potential threat in the first place if supposedly all their ideas are made up and have no backbone to it? Thirdly, it ties in with FEMA, as they are supposed to protect us from 'terrorists,' which its seems lately that the fitting description of terrorists has been opened wide up, apparently even people who are supporters of Ron Paul, who are anti-abortion, people who oppose a world government, people who oppose that the government may declare martial law, people who support the bible and the prophecies written inside of it.. the list goes on. And how exactly are these people actual threats? Why would Homeland Security even view these people as threats? You can even look this stuff up and its all written under Homeland Security documents, unless you're actually that lazy and demand others to find it out for yourself. They've been using the words 'homegrown terrorists' to scare people thinking into that these people are actual real terrorists living in our country which once the people get scared enough they'll give up any right as long as the government will protect them from these scary people.

 

That's one bigass paragraph...ok back to the topic.

 

http://www.splcenter.org/get-informed/publ...-from-the-right

List of Right Wing Terrorist Attacks in America, though some of it is mixed up in Neo nazi and Fascist bullsh*t but you get the point. A terrorist isn't someone who is against a one world government or who stockpiles food. A terrorist is someone who commits acts of violence for political reasons. Regardless if the terrorist is a liberal, conservative, fascist, etc doesn't matter. Someone who wants to kill people over there view points needs to be watched or stopped. The governments not going after people who believe conspricary theories, they're going after people who believe them and want to kill you and me because of them. Do you see the difference?

 

@Hitler430 So first you say it's not stalled, then when I show examples of how it's stalled you come up with reasons why not based in fact? ok then...

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ghost of delete key

 

He's done nothing...

Stimulus = Thievery

GM = Nationalization of private enterprise

Health Care = More theft; loss of Liberty

Credit Card Regulation = Add more straw the the mule's broken back

Lilly Ledbetter Fair Pay Act = Beating a dead horse - "but you feel better about all the other crap we're doing to ya!"

Matthew Shepard Hate Act = Another step closer to legitimizing Thought Crimes

Expanded FDA powers over tobacco = Wait, what Liberties? "More tax revenues, that's what."

First Latina to the supreme court = Another radical Left deconstructionist 4 lief, nagger! "Who needs that pesky Constitution anyhow?"

 

...All of that with a stalled congress. Yep that's nothing alright  dozingoff.gif

 

No, you're absolutely correct. The f*cker's been very busy. confused.gif

That and all the Beer Summits and Golf while the boring business of the public is going on.

On the upshot, he IS looking for some ass to kick. wow.gif

 

 

BTW, that's not a "stalled" Congress, that's called "Due Process", and it's trying its damnedest to work as designed.

 

 

It's only "stalled" because of inner fighting between union heads and the hard radicals over who's going to get what. If the sides would stop being their greedy selves only for one moment and commit to their grand cause of sh*tting all over prosperity and liberty, then we'd have all those things and probably more.
Funny how the club is falling apart, eh? sly.gif

Did you see the clip of the Code Pink rep going berserk in Nancy Pelosi's face about how they "promised the money"? The shreiking f*ckwit sounded like a dopesick banshee crying for a dose. I LOLed hard.

 

Friggin shameful, all of 'em.

 

<WaPo edit:>

 

 

...Are you on drugs? Bring me one peice of creditable edivence that the government is trying to declare martial law and detain people?

You don't study history, do you.

This sh*t happens each and every time a corrupt tyrranical government aligns itself for permanent installation.

I can't even count how many little "Reichstag Fires" we've had in the past couple of years.

"Never waste a good crisis..."

 

It's only a matter of time before the Enabling Act.

Edited by ghost of delete key

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bobgtafan

 

No, you're absolutely correct. The f*cker's been very busy. 

That and all the Beer Summits and Golf while the boring business of the public is going on.

On the upshot, he IS looking for some ass to kick. 

 

 

BTW, that's not a "stalled" Congress, that's called "Due Process", and it's trying its damnedest to work as designed.

I have a question ghost, what would you have us do in these crazy and unpredictable times to help the nation? No sarcasm or anything.

 

 

You don't study history, do you.

This sh*t happens each and every time a corrupt tyrranical government aligns itself for permanent installation.

I can't even count how many little "Reichstag Fires" we've had in the past couple of years.

"Never waste a good crisis..."

 

It's only a matter of time before the Enabling Act.

You love comparing the current state of American politics to hitlers germany. So quick question, can you name at least 60 senators who would be for giving the president unlimited power and the collaspe of the constitution? Or could you at least provide edivence they want such? Or even the so called "permanent installation" you talked about? Your the one making the claims, lets see the proof.

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GrandMaster Smith

 

No, you're absolutely correct. The f*cker's been very busy. 

That and all the Beer Summits and Golf while the boring business of the public is going on.

On the upshot, he IS looking for some ass to kick. 

 

 

BTW, that's not a "stalled" Congress, that's called "Due Process", and it's trying its damnedest to work as designed.

I have a question ghost, what would you have us do in these crazy and unpredictable times to help the nation? No sarcasm or anything.

 

 

You don't study history, do you.

This sh*t happens each and every time a corrupt tyrranical government aligns itself for permanent installation.

I can't even count how many little "Reichstag Fires" we've had in the past couple of years.

"Never waste a good crisis..."

 

It's only a matter of time before the Enabling Act.

You love comparing the current state of American politics to hitlers germany. So quick question, can you name at least 60 senators who would be for giving the president unlimited power and the collaspe of the constitution? Or could you at least provide edivence they want such? Or even the so called "permanent installation" you talked about? Your the one making the claims, lets see the proof.

 

 

Dude I take it you don't know jack about American history, or you could possibly blame it on the sh*tty education system we've got rolling around now days.. either way you should probably know that back in WWII America detained thousands of AMERICANS citizens inside the US who were of japanese decent. I would tell you to google it but youd prob be happier off saying no thanks and tell me to put on a tin foil hat, so i went to youtube and found a video you can just sit and watch, least amount of reading needed.

 

 

 

 

So do you understand anything going on? 1940's, America starts labeling Japs as 'terrorists' and a potential threat so they were all locked up. Now fast forward to 2010 and the government and homeland security is now labeling basically people who believe this country is for and by the people and should not be in complete control by the government as potential terrorists. I posted a link to the official document earlier as well incase someone else wants to call bs on it. Who knows.. maybe history wil repeat itself rolleyes.gif

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The-King

... Wow?

 

What the f*ck do Japanese Internment camps have to with Barack Obama in any way. There's an infinitive difference between the War On Terrorism and WWII's Japanese Internment camps. Namely evidence. The internment camps were a preemptive means of fighting espionage whereas the fight against terrorism at least has a semblance of the use of evidence.

 

Oh yeah, your last paragraph makes no sense whatso-f*cking-ever.

 

~TK~

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GrandMaster Smith

 

... Wow?

 

What the f*ck do Japanese Internment camps have to with Barack Obama in any way. There's an infinitive difference between the War On Terrorism and WWII's Japanese Internment camps. Namely evidence. The internment camps were a preemptive means of fighting espionage whereas the fight against terrorism at least has a semblance of the use of evidence.

 

Oh yeah, your last paragraph makes no sense whatso-f*cking-ever.

 

~TK~

 

well Im sure to a numbskull like yourself, yes it would be very hard to make sense of what I'm saying. Someone said that theres no way america could ever put their citizens into detention camps, i just had to prove to them that no its not just a conspiracy theory because its happened before in our own country, yet noone seems to even know about it.. They detained all peoples of Japanese decent, whether actually dangerous or not.. sure sounds like justice to me. Yeah I'll admit it is a bit off topic from Obama being an illegitimate tool, but it all ties in to how he, and his predecessor, have been pushing bills that 'in a case of emergency' they can declare martial law on us.

Sorry if there were too many big words for you somewhere in this paragraph so ill put it in simple terms so someone on your level of thinking can understand it..

Gov. has widely opened the description of terrorists, whether they have harmful or peaceful means- not good.

Obama already has a bill that allows him to detain 'terrorists' indefinitely withtout trial- even worse.

They also have the power to declare martial law under an emergency which kisses ALL our rights goodbye allowing people to be detained; whether it be a hurricane, terrorist attack, the citizens start to refuse todo what the gov tells them etc- which is worst part of all catspider.gif

Ya maybe somewhat off topic but still information americans nonetheless need to know

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makeshyft

 

Obama already has a bill that allows him to detain 'terrorists' indefinitely withtout trial- even worse.

Oh, that's Obama's doing, is it?

 

Because that never happened during the last administration. Nah, extraordinary rendition is a myth, and Gitmo was a day spa.

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King Kapone

 

Someone said that theres no way america could ever put their citizens into detention camps, i just had to prove to them that no its not just a conspiracy theory because its happened before in our own country, yet noone seems to even know about it.. They detained all peoples of Japanese decent, whether actually dangerous or not.. sure sounds like justice to me.

No one has ever claimed the camps to be an act of justice. It is called proactive policing. Wake the f*ck up.

 

viddy_pirate.gif KK

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jimmy.

edit - meh, why bother

Edited by jimmy.

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SirPsychoSexy

This whole discussion is just pathetic. I don't believe that Obama wasn't born in America, but so what if he wasn't? Born in America or not, the man is obviously an American, in heart, in spirit, in terms of everything. I get that some of you don't like Obama, but let's look at this from a REALLY neutral point of view, whoever we're talking about as president, does it really matter if the person was born in America as long as he/she is an American in terms of spirit and is competent for the job? To me, the whole "have to be born in America to be president"-thing just seems stupid.

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Mike Tequeli
Obama already has a bill that allows him to detain 'terrorists' indefinitely withtout trial- even worse.

Oh, that's Obama's doing, is it?

 

Because that never happened during the last administration. Nah, extraordinary rendition is a myth, and Gitmo was a day spa.

Not that it matters. The Obama administration pretty much admitted (for political gain with conservatives) that their national security policies differ little from Bush.

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makeshyft
Obama already has a bill that allows him to detain 'terrorists' indefinitely withtout trial- even worse.

Oh, that's Obama's doing, is it?

 

Because that never happened during the last administration. Nah, extraordinary rendition is a myth, and Gitmo was a day spa.

Not that it matters. The Obama administration pretty much admitted (for political gain with conservatives) that their national security policies differ little from Bush.

Hey, I'm not defending the policies. Just stating that it's completely irrelevant bringing them up, as it's basically business as usual.

 

And can we leave the whole birthplace thing alone? It's a completely ludicrous claim. You only make yourself look stupid when you believe that a man can slip something like that past the powers that be, only to be outed by some fat wanker on the internet. If he were not American born, he would not be in the White House.

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mike752
He's done nothing...

Stimulus

GM

Health Care

Credit Card Regulation

Lilly Ledbetter Fair Pay Act

Matthew Shepard Hate Act

Expanded FDA powers over tobacco

First Latina to the supreme court.

 

...All of that with a stalled congress. Yep that's nothing alright dozingoff.gif

Stimulus: More harm than good. Our economy is worse than it was with Bush.

 

GM: Our tax dollars helping a greedy company that can't figure out how to run itself.

 

Health Care: Even more debt. The last thing a president should do when the government has no money is to spend more.

 

Credit Card Regulation: Meh. Just gives credit card companies more loopholes to find.

 

Lilly Ledbetter Fair Pay Act: Just read it on Wikipedia. Pretty pointless.

 

Matthew Shepard Hate Act: Enough with the hate crime stuff. If a black man punches a white man, there shouldn't be bigger punishment than a black man punching a black man. Hate crimes are the definition of racism/sexism.

 

Expanded FDA powers over tobacco: How does that help anything? If people want to kill themselves, they can. They know the risks. It's their body, not the government's.

 

First Latina to the Supreme Court: So? What's so special about that? This shouldn't be an accomplishment if no one is supposed to care about race.

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The-King

You must have a pretty sad existence Mike. Anyone unable to see anything good coming from all of those actions must be a depressingly sad individual.

 

~TK~

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Mike Tequeli

 

You must have a pretty sad existence Mike. Anyone unable to see anything good coming from all of those actions must be a depressingly sad individual.

 

~TK~

Yeah well count me in, it's mostly pointless sh*t. I mean some things are fairly neutral, I don't really know much about the fair pay act. Otherwise though I disapprove. How about letting gays in the military already.

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Andyzoot

Anybody know where they get the dramatic music for these conspiracy videos?

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Twang of Calimari
You must have a pretty sad existence Mike. Anyone unable to see anything good coming from all of those actions must be a depressingly sad individual.

 

~TK~

Yeah well count me in, it's mostly pointless sh*t. I mean some things are fairly neutral, I don't really know much about the fair pay act. Otherwise though I disapprove. How about letting gays in the military already.

Whether you agree with what he's done or not, he's done something, which is a hell of a lot more than the alleged nothing that he's done.

 

 

It's good that you guys criticize the government and our president, really. A non-criticized government isn't doing it's job, I think. And of course, constructive criticism can help them be better. The keyword being constructive. None of this "not a US citizen" bullsh*t. Even if he wasn't a citizen, how exactly would you suggest he fix this fatal flaw of not being born in America? Go back in time and give his parents a couple of plane tickets? That would just cost more tax money.

 

I'm pretty satisfied with Obama's presidency so far. Sure, I don't agree with everything he has done, but I feel he'll probably be looked back on as one of the US's better presidents.

 

@mike752: I don't think the Stimulus package did more harm than good. Had it not been done, we could very well be in a depression right now. Not just any depression, but one far greater than the Great Depression. That's right, he saved us from the Greater Depression. That sure is nothing.

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bobgtafan
No, you're absolutely correct. The f*cker's been very busy. 

That and all the Beer Summits and Golf while the boring business of the public is going on.

On the upshot, he IS looking for some ass to kick. 

 

 

BTW, that's not a "stalled" Congress, that's called "Due Process", and it's trying its damnedest to work as designed.

I have a question ghost, what would you have us do in these crazy and unpredictable times to help the nation? No sarcasm or anything.

 

 

You don't study history, do you.

This sh*t happens each and every time a corrupt tyrranical government aligns itself for permanent installation.

I can't even count how many little "Reichstag Fires" we've had in the past couple of years.

"Never waste a good crisis..."

 

It's only a matter of time before the Enabling Act.

You love comparing the current state of American politics to hitlers germany. So quick question, can you name at least 60 senators who would be for giving the president unlimited power and the collaspe of the constitution? Or could you at least provide edivence they want such? Or even the so called "permanent installation" you talked about? Your the one making the claims, lets see the proof.

 

 

Dude I take it you don't know jack about American history, or you could possibly blame it on the sh*tty education system we've got rolling around now days.. either way you should probably know that back in WWII America detained thousands of AMERICANS citizens inside the US who were of japanese decent. I would tell you to google it but youd prob be happier off saying no thanks and tell me to put on a tin foil hat, so i went to youtube and found a video you can just sit and watch, least amount of reading needed.

 

 

 

 

So do you understand anything going on? 1940's, America starts labeling Japs as 'terrorists' and a potential threat so they were all locked up. Now fast forward to 2010 and the government and homeland security is now labeling basically people who believe this country is for and by the people and should not be in complete control by the government as potential terrorists. I posted a link to the official document earlier as well incase someone else wants to call bs on it. Who knows.. maybe history wil repeat itself rolleyes.gif

I've known about the Japanese concentration camps for years now. You seem to be an idiot to me, because you think that just because you have a youtube video some how you've proved your point, I run home with my tail between my legs and look like a dumbass? Wake the f*ck up, bring me ONE just ONE peice of edivence that the government is

 

A. Arresting people because of what they believe

B. Putting those people into concentration camps

C. Is going to resume what they did during WW2 involving those camps.

 

Also that video you showed isn't even remotely relevent since we're dealing with a different time period, different set of moral standards, and different administration. So you need to go back and read some more, or get your head from the f*cking ground.

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Jesus'En'Hitler420
You must have a pretty sad existence Mike. Anyone unable to see anything good coming from all of those actions must be a depressingly sad individual.

 

~TK~

Yeah well count me in, it's mostly pointless sh*t. I mean some things are fairly neutral, I don't really know much about the fair pay act. Otherwise though I disapprove. How about letting gays in the military already.

Whether you agree with what he's done or not, he's done something, which is a hell of a lot more than the alleged nothing that he's done.

 

 

It's good that you guys criticize the government and our president, really. A non-criticized government isn't doing it's job, I think. And of course, constructive criticism can help them be better. The keyword being constructive. None of this "not a US citizen" bullsh*t. Even if he wasn't a citizen, how exactly would you suggest he fix this fatal flaw of not being born in America? Go back in time and give his parents a couple of plane tickets? That would just cost more tax money.

 

I'm pretty satisfied with Obama's presidency so far. Sure, I don't agree with everything he has done, but I feel he'll probably be looked back on as one of the US's better presidents.

 

@mike752: I don't think the Stimulus package did more harm than good. Had it not been done, we could very well be in a depression right now. Not just any depression, but one far greater than the Great Depression. That's right, he saved us from the Greater Depression. That sure is nothing.

He has done nothing good and I do not know where you have any idea that the "stimulus" package averted a potential depression.

 

For one, the biggest recipient of the bail out money has been Goldman Sachs. Tax cheat/Treasury Secretary Timothy Geithner, and many others working in Obama's cabinet once worked for Goldman Sachs and probalbly still have much input in what goes on there. Don't you find it quite convenient that a financial firm that was given billions in bailouts has many former execs working for the presidency?

 

As for the rest of the stimulus and bailouts, they are like blowing up a balloon with air from your lungs and expecting it to float. The numbers and the paperwork are going to catch up very fast, and that depression you say was "avoided" is going to hit twice as hard thanks to all that fake money and meaningless paper. There is no real equity in anything that happened at all.

 

And thanks to Bush's, then accelerated by Obama ten times over wreckless spending on both military and social expenditures, the U.S government now actually seems to have a credit problem with our biggest debt holder China. I can only imagine what sh*t would hit the fan when they decide that we can no longer sustain ourselves and leave us hanging. A more immediate problem however is that thanks to the unbelieveable amount of money printing that is going on, we are actually beginning to see signs of inflation. Why don't you take a guess at the real reason prices on just about every damn thing has gone up by 30-50% in the past 6 years?

 

The United States is broke. Taxes will go up, and people are going to be pissed when they are no longer getting their lavish civil service benefits and unemployment checks. What's Obamas next move? Oh yeah, Cap and Trade... mad.gif

 

If some good people are not elected in the coming elections, we are pretty f*cked. Obama=Carter 2.0

 

 

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GrandMaster Smith

 

I've known about the Japanese concentration camps for years now. You seem to be an idiot to me, because you think that just because you have a youtube video some how you've proved your point, I run home with my tail between my legs and look like a dumbass? Wake the f*ck up, bring me ONE just ONE peice of edivence that the government is

 

A. Arresting people because of what they believe

B. Putting those people into concentration camps

C. Is going to resume what they did during WW2 involving those camps.

 

Also that video you showed isn't even remotely relevent since we're dealing with a different time period, different set of moral standards, and different administration. So you need to go back and read some more, or get your head from the f*cking ground.

 

If you read what i wrote youd see I was just showing its been done before, doesnt mean it cant happen again.

 

Okay A. This is the description they are now using to describe 'terrorists'

 

"Historically, domestic rightwing extremists have feared, predicted, and anticipated a catalysmic economic collapse in the United States. Prominent antigovernment conspiracy theorists have incorporated aspects of an impending economic collapse to intensify fear and paranoia among like-minded individuals and to attract recruits during times of economic uncertainty. Conspiracy theories involving declarations of martial law, impending civil strife or racial conflict, suspension of the U.S. Constitution, and the creation of citizen detention camps often incorporateaspects of a failed economy. Antigovernment conspiracy theories and "end times" prophecies could motivate extremists individuals and groups to stockpile food, ammunition, and weapons. These teachings also have been linked to the radicalization of domestic extremist individuals and groups in the past, such as violent Christian Identity organizations and extremist members of the militia movement."

 

It's basically saying that anyone who opposes what the government could be trying todo is a terrorists..

 

 

B. Gives the president to detain anyone without committing a crime:

 

 

C. See above

 

Am I saying that yes, 100% sure that US citizens are going to get martial law declared on them within the next decade? No, I'm just showing you that they're gaining the powers todo so which is a bit abnormal. And I personally do not think the government should hold that power, they're very corrupt and power gets to peoples heads very easily. So go ahead and call me an idiot all you want, the proof is right there infront of your eyes. If you want to trust a giant corrupt organization to be able to hold these powers without any votes from the citizens, then you sir are the idiot. ffs the only reason terrorists attack us is because we were already in THEIR homeland telling them what todo and trying to act like we can control whatever country we want. Would we not be attacking China if there were setting military bases up in our country?

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WHAT!?
GM: Our tax dollars helping a greedy company that can't figure out how to run itself.

GM has repaid its loan with interest, which is more then can be said for any bank that has received a bailout.

 

General Motors, while admittedly mismanaged is restructuring itself. The economy of the mid western states depend far more on the success of that company and the auto industry as a whole then you realize. GM's business model was created before 401k's and stock options were standard business ideas. Their employee retirement plan was one of the first of its kind. As a result there are many retirees that General Motors is still cutting checks to. This coupled with one of the most greedy executive branches in American business, and the sudden shift in cost of gasoline lead to the company's problems. Since the government action they have become far more efficient, and hundreds of thousands of people got to retain their jobs. How was this a poor decision?

 

GM is the one thing that has happened that I agree with, I actually think its crazy they had to give up majority control of the company to get the loan when the banks just got it given to them only to squander the cash once again. Lame.

 

 

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Jesus'En'Hitler420

 

GM:  Our tax dollars helping a greedy company that can't figure out how to run itself.

GM has repaid its loan with interest, which is more then can be said for any bank that has received a bailout.

 

General Motors, while admittedly mismanaged is restructuring itself. The economy of the mid western states depend far more on the success of that company and the auto industry as a whole then you realize. GM's business model was created before 401k's and stock options were standard business ideas. Their employee retirement plan was one of the first of its kind. As a result there are many retirees that General Motors is still cutting checks to. This coupled with one of the most greedy executive branches in American business, and the sudden shift in cost of gasoline lead to the company's problems. Since the government action they have become far more efficient, and hundreds of thousands of people got to retain their jobs. How was this a poor decision?

 

GM is the one thing that has happened that I agree with, I actually think its crazy they had to give up majority control of the company to get the loan when the banks just got it given to them only to squander the cash once again. Lame.

Uh oh... someone is taking the mainstream news at face value moto_whistle.gif

 

I urge you to read this letter from Representative Chuck Grassley of Iowa to Treasury Secretary Geithner. But I know some here might not be proactive enough to read and their eyes glaze over at the mention of anything about TARP or escrow accounts, so I will quote the good passages here:

 

 

General Motors (GM) yesterday announced that it repaid its TARP loans. I am concerned, however, that this announcement is not what it seems. In fact, it appears to be nothing more than an elaborate TARP money shuffle.

 

On Tuesday of this week, Mr. Neil Barofsky, the Special Inspector General for

TARP, testified before the Senate Finance Committee. During his testimony Mr. Barofsky addressed GM’s recent debt repayment activity, and stated that the funds GM is using to repay its TARP debt are not coming from GM earnings. Instead, GM seems to be using TARP funds from an escrow account at Treasury to make the debt repayments. The most recent quarterly report from the Office of the Special Inspector General for TARP says “The source of funds for these quarterly [debt] payments will be other TARP funds currently held in an escrow account.”

 

 

Furthermore, Exhibit 99.1 of the Form 8K filed by GM with the SEC on November 16, 2009, seems to confirm that the source of funds for GM’s debt repayments was a multi-billion dollar escrow account at Treasury—not from earnings. In the 8K filing GM acknowledged:

 

-Of the $42.6 billion in cash and marketable securities available to GM as of September, 30, 2009, $17.4 billion came from an escrow account with Treasury,

-$6.7 billion of the escrow account available to GM was allocable to the repayment of loans to Treasury,

-$5.6 billion in cash would remain in the Treasury escrow account following the repayment by GM of their loans, and

-Upon repaying Treasury, any balance of escrow funds would be released to GM.  

 

 

The bottom line seems to be that the TARP loans were “repaid” with other TARP funds in a Treasury escrow account. The TARP loans were not repaid from money GM is earning selling cars, as GM and the Administration have claimed in their speeches, press releases and television commercials. When these criticisms were put to GM’s Vice Chairman Stephen Girsky in a television interview yesterday, he admitted that the criticisms were valid:

 

Question: Are you just paying the government back with government money?

 

Mr. Girsky: Well listen, that is in effect true, but a year ago nobody thought we’d be able to pay this back.

 

Then as if we didn't know Timothy Geithner was a scum bag, he proceeded to not answer any of the questions at the conclusion of the letter:

 

 

(Please explain) (1)Your department’s justification for allowing GM to use funds from the TARP escrow account to repay TARP loans, (2)The amount of funds remaining in the TARP escrow account at Treasury that may be released to GM, and (3)The date that you anticipate that the remaining funds in escrow will be released to GM.

 

A sham like always.

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WHAT!?
GM:  Our tax dollars helping a greedy company that can't figure out how to run itself.

GM has repaid its loan with interest, which is more then can be said for any bank that has received a bailout.

 

General Motors, while admittedly mismanaged is restructuring itself. The economy of the mid western states depend far more on the success of that company and the auto industry as a whole then you realize. GM's business model was created before 401k's and stock options were standard business ideas. Their employee retirement plan was one of the first of its kind. As a result there are many retirees that General Motors is still cutting checks to. This coupled with one of the most greedy executive branches in American business, and the sudden shift in cost of gasoline lead to the company's problems. Since the government action they have become far more efficient, and hundreds of thousands of people got to retain their jobs. How was this a poor decision?

 

GM is the one thing that has happened that I agree with, I actually think its crazy they had to give up majority control of the company to get the loan when the banks just got it given to them only to squander the cash once again. Lame.

Uh oh... someone is taking the mainstream news at face value moto_whistle.gif

 

I urge you to read this letter from Representative Chuck Grassley of Iowa to Treasury Secretary Geithner. But I know some here might not be proactive enough to read and their eyes glaze over at the mention of anything about TARP or escrow accounts, so I will quote the good passages here:

 

 

General Motors (GM) yesterday announced that it repaid its TARP loans. I am concerned, however, that this announcement is not what it seems. In fact, it appears to be nothing more than an elaborate TARP money shuffle.

 

On Tuesday of this week, Mr. Neil Barofsky, the Special Inspector General for

TARP, testified before the Senate Finance Committee. During his testimony Mr. Barofsky addressed GM’s recent debt repayment activity, and stated that the funds GM is using to repay its TARP debt are not coming from GM earnings. Instead, GM seems to be using TARP funds from an escrow account at Treasury to make the debt repayments. The most recent quarterly report from the Office of the Special Inspector General for TARP says “The source of funds for these quarterly [debt] payments will be other TARP funds currently held in an escrow account.”

 

 

Furthermore, Exhibit 99.1 of the Form 8K filed by GM with the SEC on November 16, 2009, seems to confirm that the source of funds for GM’s debt repayments was a multi-billion dollar escrow account at Treasury—not from earnings. In the 8K filing GM acknowledged:

 

-Of the $42.6 billion in cash and marketable securities available to GM as of September, 30, 2009, $17.4 billion came from an escrow account with Treasury,

-$6.7 billion of the escrow account available to GM was allocable to the repayment of loans to Treasury,

-$5.6 billion in cash would remain in the Treasury escrow account following the repayment by GM of their loans, and

-Upon repaying Treasury, any balance of escrow funds would be released to GM.  

 

 

The bottom line seems to be that the TARP loans were “repaid” with other TARP funds in a Treasury escrow account. The TARP loans were not repaid from money GM is earning selling cars, as GM and the Administration have claimed in their speeches, press releases and television commercials. When these criticisms were put to GM’s Vice Chairman Stephen Girsky in a television interview yesterday, he admitted that the criticisms were valid:

 

Question: Are you just paying the government back with government money?

 

Mr. Girsky: Well listen, that is in effect true, but a year ago nobody thought we’d be able to pay this back.

 

Then as if we didn't know Timothy Geithner was a scum bag, he proceeded to not answer any of the questions at the conclusion of the letter:

 

 

(Please explain) (1)Your department’s justification for allowing GM to use funds from the TARP escrow account to repay TARP loans, (2)The amount of funds remaining in the TARP escrow account at Treasury that may be released to GM, and (3)The date that you anticipate that the remaining funds in escrow will be released to GM.

 

A sham like always.

Well obviously this is news to me, so yeah egg on my face.. still, I did say the executive branch of the company is corrupt as a motherf*cker. So I can't say I'm surprised. I'm just pullin' hard for the company to get itself together. Its important for the economy of a good handful of states. Michigan especially. How did you go about digging this up?

 

 

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Huricannez

Who cares if it's a Kenyan communist that is running the USA?

 

user posted image

 

A shoeshiner runs Brazil. (And no he is not a good president)

 

user posted image

 

People need to stop complaining about how democratic the US is. That is so idiotic. My country lives by the ruins of a military dictatorship that took place in the first half of the 60's. At least 102% of the government is corrupt and hold at least one thousand different ways of collecting money from the general public and into their pockets.

 

7 months a year, you work just to pay all the taxes. Petrol prices are skyhigh (around US$1,60 per liter of gas) and we are auto-sufficient!

 

I can go ahead and ramble on all day long about how much benefit the US has that most countries dont. As far as I know, Barack Obama is a revolutionary guy who all he wants is to help even out the problem the US has, from the remains of what George Bush left to the new government.

 

People talk about Roosevelt but it was 1942. More then 70% of the world were completely dependent of the small 30%.

 

Things are not the same anymore. Most have gone independent. Obama's got a lion to tame, and who cares about his legitimacy as long as he gets the job done?

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bobgtafan

I've known about the Japanese concentration camps for years now. You seem to be an idiot to me, because you think that just because you have a youtube video some how you've proved your point, I run home with my tail between my legs and look like a dumbass? Wake the f*ck up, bring me ONE just ONE peice of edivence that the government is

 

A. Arresting people because of what they believe

B. Putting those people into concentration camps

C. Is going to resume what they did during WW2 involving those camps.

 

Also that video you showed isn't even remotely relevent since we're dealing with a different time period, different set of moral standards, and different administration. So you need to go back and read some more, or get your head from the f*cking ground.

 

If you read what i wrote youd see I was just showing its been done before, doesnt mean it cant happen again.

 

Okay A. This is the description they are now using to describe 'terrorists'

 

"Historically, domestic rightwing extremists have feared, predicted, and anticipated a catalysmic economic collapse in the United States. Prominent antigovernment conspiracy theorists have incorporated aspects of an impending economic collapse to intensify fear and paranoia among like-minded individuals and to attract recruits during times of economic uncertainty. Conspiracy theories involving declarations of martial law, impending civil strife or racial conflict, suspension of the U.S. Constitution, and the creation of citizen detention camps often incorporateaspects of a failed economy. Antigovernment conspiracy theories and "end times" prophecies could motivate extremists individuals and groups to stockpile food, ammunition, and weapons. These teachings also have been linked to the radicalization of domestic extremist individuals and groups in the past, such as violent Christian Identity organizations and extremist members of the militia movement."

 

It's basically saying that anyone who opposes what the government could be trying todo is a terrorists..

 

 

B. Gives the president to detain anyone without committing a crime:

 

 

C. See above

 

Am I saying that yes, 100% sure that US citizens are going to get martial law declared on them within the next decade? No, I'm just showing you that they're gaining the powers todo so which is a bit abnormal. And I personally do not think the government should hold that power, they're very corrupt and power gets to peoples heads very easily. So go ahead and call me an idiot all you want, the proof is right there infront of your eyes. If you want to trust a giant corrupt organization to be able to hold these powers without any votes from the citizens, then you sir are the idiot. ffs the only reason terrorists attack us is because we were already in THEIR homeland telling them what todo and trying to act like we can control whatever country we want. Would we not be attacking China if there were setting military bases up in our country?

You know, your pretty good at agruing, but you still fail.

 

A.They were giving characteristics of right wing terrorist, not saying that they were going to kill people who stockpile food etc, not saying that they were going to hunt down people who believe conspricies, they were just saying these are the things that right wing terrorist normally believe. Not much more to it.

 

B. the Rachael Maddow show, while very good, left one thing out. Listen to his second speech he said " Members of Al-Queda" which normally means your a foreign national. We already have the right to detain foreign nationals for as long as possible, as well as prisoners of war. If your a citizen, Obama didn't announce he would hold you in a cell forever without trial. God don't believe everything you hear.

 

C. That clip from youtube doesn't show any expansion of powers of the executive nor federal government.

 

and let me add a D. to counter your last point.

 

D.Ok so you don't like the fact that the government has the power to declare states of Emergency or you want Federal power limited. Great good for you, but to assume that the government or Obama or anyone in the gov. is trying to kill you because of what you say, or think or protest is a large claim. And when, just like now, you have no real prove to back up what your saying people stop caring less and less. So if the day did ever come all your f*cking crying wolf right now is going to do is make people say "O that guy doesn't know what he's talking about".

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Jesus'En'Hitler420

biggrin.gif From What!?:

 

Well obviously this is news to me, so yeah egg on my face.. still, I did say the executive branch of the company is corrupt as a motherf*cker. So I can't say I'm surprised. I'm just pullin' hard for the company to get itself together. Its important for the economy of a good handful of states. Michigan especially. How did you go about digging this up?

 

A buddy of mine sent me a page from the Heritage Foundation over FaceSpace. Make of the "foundation" what you will but the letter itself is nonetheless real.

 

From Huricannez:

 

I can go ahead and ramble on all day long about how much benefit the US has that most countries dont. As far as I don't know, Barack Obama is a revolutionary guy who all he wants is to help even out the problem the US has, from the remains of what George Bush left to the new government.

 

I took a page out of the GoDK book and it's in bold biggrin.gif

 

Barrack wants to turn the country in to what yours is. He believes for whatever reason (We can only believe from what he has said in the past, much of it unreported) that apparently we will be "better off" in that way. I do not. The benefits of the U.S do only go so far as much as you may believe they do not, and the well is running dry. If our country continues on the rampant tax and spend path, we will be rioting in the streets along the lines of Greece very shortly.

 

And no, George Bush may have started off the spending policies, but there's no reason for Barack to continue where he left off, unless he believes it's in the best interest to enslave people to government work because he doens't believe in the power of the individual and the private enterprise.

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Huricannez

Lol you americans complain too much. Seriously.

 

The US will never be a third world country get that in your head. No matter how serious an economical crisis becomes.

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bobgtafan

 

And no, George Bush may have started off the spending policies, but there's no reason for Barack to continue where he left off

Except the Worst Recession in 70 years, Tax Recipets falling by almost a trillion dollars, 2 wars, Increasing Health Care Cost/Medicare, and a Social Security system about to go bankrupt, but that's all NO reason right? Because obviously just cutting millions of federal jobs during a recession and letting states also cut millions of workers would REALLLY help consumer spending and the economy right? Or how about letting GM fall? Who gives a damn about the 3 million workers? Or letting AIG and banks fall? Who gives a damn about the continuation of society? dozingoff.gif Plug a cork in it man, no one has the power to convince congress to balance the budget, not even Obama.

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GrandMaster Smith

 

I've known about the Japanese concentration camps for years now. You seem to be an idiot to me, because you think that just because you have a youtube video some how you've proved your point, I run home with my tail between my legs and look like a dumbass? Wake the f*ck up, bring me ONE just ONE peice of edivence that the government is

 

A. Arresting people because of what they believe

B. Putting those people into concentration camps

C. Is going to resume what they did during WW2 involving those camps.

 

Also that video you showed isn't even remotely relevent since we're dealing with a different time period, different set of moral standards, and different administration. So you need to go back and read some more, or get your head from the f*cking ground.

 

If you read what i wrote youd see I was just showing its been done before, doesnt mean it cant happen again.

 

Okay A. This is the description they are now using to describe 'terrorists'

 

"Historically, domestic rightwing extremists have feared, predicted, and anticipated a catalysmic economic collapse in the United States. Prominent antigovernment conspiracy theorists have incorporated aspects of an impending economic collapse to intensify fear and paranoia among like-minded individuals and to attract recruits during times of economic uncertainty. Conspiracy theories involving declarations of martial law, impending civil strife or racial conflict, suspension of the U.S. Constitution, and the creation of citizen detention camps often incorporateaspects of a failed economy. Antigovernment conspiracy theories and "end times" prophecies could motivate extremists individuals and groups to stockpile food, ammunition, and weapons. These teachings also have been linked to the radicalization of domestic extremist individuals and groups in the past, such as violent Christian Identity organizations and extremist members of the militia movement."

 

It's basically saying that anyone who opposes what the government could be trying todo is a terrorists..

 

 

B. Gives the president to detain anyone without committing a crime:

 

 

C. See above

 

Am I saying that yes, 100% sure that US citizens are going to get martial law declared on them within the next decade? No, I'm just showing you that they're gaining the powers todo so which is a bit abnormal. And I personally do not think the government should hold that power, they're very corrupt and power gets to peoples heads very easily. So go ahead and call me an idiot all you want, the proof is right there infront of your eyes. If you want to trust a giant corrupt organization to be able to hold these powers without any votes from the citizens, then you sir are the idiot. ffs the only reason terrorists attack us is because we were already in THEIR homeland telling them what todo and trying to act like we can control whatever country we want. Would we not be attacking China if there were setting military bases up in our country?

You know, your pretty good at agruing, but you still fail.

 

A.They were giving characteristics of right wing terrorist, not saying that they were going to kill people who stockpile food etc, not saying that they were going to hunt down people who believe conspricies, they were just saying these are the things that right wing terrorist normally believe. Not much more to it.

 

B. the Rachael Maddow show, while very good, left one thing out. Listen to his second speech he said " Members of Al-Queda" which normally means your a foreign national. We already have the right to detain foreign nationals for as long as possible, as well as prisoners of war. If your a citizen, Obama didn't announce he would hold you in a cell forever without trial. God don't believe everything you hear.

 

C. That clip from youtube doesn't show any expansion of powers of the executive nor federal government.

 

and let me add a D. to counter your last point.

 

D.Ok so you don't like the fact that the government has the power to declare states of Emergency or you want Federal power limited. Great good for you, but to assume that the government or Obama or anyone in the gov. is trying to kill you because of what you say, or think or protest is a large claim. And when, just like now, you have no real prove to back up what your saying people stop caring less and less. So if the day did ever come all your f*cking crying wolf right now is going to do is make people say "O that guy doesn't know what he's talking about".

All it takes is connecting the dots. Okay so those are the characteristics of an extreme right wing terrorists, right? Have you seen the news about the 'rising threat of homegrown terrorists'? Scaring people into thinking that we very much so have terrorists inside our country planning to kill US citizens. What does the gov get todo in return? 'We must make sure we have no terrorists in our country so anyone following the beliefs of an ' extreme right wing terrorists' should be detained to keep us safe. And the majority of the people will say of course! take away our rights, anything to keep me safe!' (see patriot act for a perfect example) It is the same exact thing that happened in nazi germanys times. Hitler made everyone believe that Jews were terrorists, including a 'terrorists attack by the jews' on his building(cant think of the name right now(compare to 9-11)) to get the majority of people to be scared of terrorists until it got to the point that the only way to be safe was to remove every Jew partially due to Hitlers amazing ability to speak to the mass and thru media control. Now this didn't happen overnight, it took like what, roughly a decade for all of this to fold out? Just taking baby steps at a time.. you cannot just sit back and ignore history, the german people did not realize what they were doing was wrong, they simply believed that was their only choice to being safe. Wasn't until things had gone too far when they realized how horrible it was what the military were really doing to the jews in camps, but by that time it was too late.

Edited by GrandMaster Smith

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