In Guaranteeing a $1.5 Billion Loan, the Government recieved Warrants that were later sold for some $400 Million, or about 26% of what they Guaranteed in Loans...
Loans that WERE REPAID as well. On Sep 19, 1:47 pm, Gaar <[EMAIL PROTECTED]> wrote: > Here Mark, let me help... > > http://www.assmotax.org/format_text.php?file_name=/assmotax/Releases/... > > ...One key condition, though, is simple and essential: If the American > public shares in the cost and risk, it should share in gains as well. > As a key part of the Chrysler rescue, the government received > "warrants" -- essentially stock options -- that gave taxpayers a > healthy payoff once Chrysler recovered. This made sense then, despite > charges of rank socialism, and something similar makes sense now. > > On Sep 19, 1:35 pm, "Mark Kahle" <[EMAIL PROTECTED]> wrote: > > > > > If so where is the money?? where is the "stock benefit"?? Chrysler was > > "loaned" the money and did pay it back at less than market interest, > > so where was the money made?? Selling that same amount in T-Bills > > would have "made" more than the loan to Chrysler which was "saved" by > > Americans only to be sold to foreign corporations.......... > > > YEAH!!!!!!!!!!!!! great system. Lets do it again!!!!!!!!!!!!!! > > > reminds me of arming foreign governments just in time for them to turn > > on the US. > > > but let us NOT digress..... Where, based on the capitalist system is > > MY benefit for giving these failed, mismanaged corporations more money > > simply to pay off the people (stockholders) THAT DID NOT HAVE THE > > SENSE TO CONTROL THEIR INTERESTS TO BEGIN WITH?? > > > and no "I Don't Say" it IS what it IS. > > > Are you not a republican?? In favor of SMALLER Government and in favor > > of LESS regulation?? > > > Now you want ME to bail out people and businesses that have PROVEN > > themselves incapable??? > > > IS this capitalism?? IT IS NOT!!!!!!!!!! especially by YOUR > > definitions and opinions posted here MANY times. > > > Your support of this IS Hypocritical. > > > On 9/19/08, Gaar <[EMAIL PROTECTED]> wrote: > > > > On Sep 19, 1:08 pm, "Mark Kahle" <[EMAIL PROTECTED]> wrote: > > > > the bailout will cost the american taxpayer one TRILLION dollars... > > > > whether it works or not. > > > > So you say... > > > > And yet you don't seem to understand just how much the Government will > > > "own". > > > > People said the same shit about the Chrysler Bail-Out, many, many > > > Moons ago... > > > > And yet, the Government MADE MONEY on that Deal. > > > > Imagine that. > > > -- > > Mark M. Kahle > > Blessed are the bewildered for they don't know the difference.... Me- Hide > > quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
