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-   -   Obama to give 6 billion to ITALIAN company (https://gfy.com/showthread.php?t=896901)

Splum 03-30-2009 07:31 PM
Obama to give 6 billion to ITALIAN company
 
Your tax dollars at work! Pay up bitches. :thumbsup:1orglaugh

Quote:
After President Obama's speech, Fiat and Chrysler announced they had reached the framework on a global alliance. The US government would provide working capital for a further 30 days while a merger was discussed, it added. If a merger is successful, then the government will consider investing up to $6bn.
http://news.bbc.co.uk/2/hi/business/7972464.stm

LiveDose 03-30-2009 07:32 PM
Spending other people's money is so much fun.

D Ghost 03-30-2009 07:33 PM
fiiiiiiiiiiiiiiiiiiiiiiiiiiiigs

tony286 03-30-2009 07:35 PM
consider and give are two very different things.

MetaMan 03-30-2009 07:42 PM
WASH YA ASS SPLUM :warning

nation-x 03-30-2009 07:43 PM
and they would be giving it to Chrysler... not to Fiat.

babebuns 03-30-2009 07:43 PM
Yeah man giving bailout money to a company that employs American's is the dumbest shit evar I BET THEY'RE ALL GOD DAMN TERRRRRRRISTS TOOOOOOOO. Fiat have a partnership with Chrysler that enables them to be a more efficient company, it doesn't say money is going to Fiat, but infact only mentions Chrysler and GM.

misbrisco 03-30-2009 07:53 PM
he needs to give me 1 million bucks and I will stimulate the economy

Splum 03-30-2009 08:11 PM
Quote:
Originally Posted by nation-x (Post 15690362)
and they would be giving it to Chrysler... not to Fiat.
What part of "merger" dont you understand?

DK 03-30-2009 08:14 PM
Splum is Obamas best PR guy

Splum 03-30-2009 08:17 PM
Quote:
Originally Posted by DK (Post 15690457)
Splum is Obamas best PR guy
You should see my salary. :thumbsup

2012 03-30-2009 08:30 PM
so what are you going to do about it ?

NaughtyRob 03-30-2009 09:20 PM
Forgetaboutit.

http://rlv.zcache.com/fat_mafia_boss...86tdcp_400.jpg

2012 03-31-2009 12:30 AM

Splum 03-31-2009 09:16 AM
Quote:
Originally Posted by fartfly (Post 15690924)
Cheney Bush Bush Bush Cheney Bush Bush Bush
Dude what the fuck does Dick Cheney have to do with Obama giving 6 billion of taxpayer dollars to an Italian company? GEORGE W BUSH IS NOT IN POWER. :1orglaugh Lol you people will use anything to excuse Obamas fuck ups.

USUALENT 03-31-2009 10:34 AM
well more billions being passes around

DaddyHalbucks 03-31-2009 10:35 AM
Quote:
Originally Posted by babebuns (Post 15690365)
Yeah man giving bailout money to a company that employs American's is the dumbest shit evar I BET THEY'RE ALL GOD DAMN TERRRRRRRISTS TOOOOOOOO. Fiat have a partnership with Chrysler that enables them to be a more efficient company, it doesn't say money is going to Fiat, but infact only mentions Chrysler and GM.
Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.

When you subsidize corrupt and inefficient companies you get more expensive disasters in the end, and you lose better opportunities.

:helpme

Snake Doctor 03-31-2009 10:48 AM
Quote:
Originally Posted by DaddyHalbucks (Post 15692410)
Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.
That's right, because it was government out there buying all those CDO's and credit default swaps.

Errrrr, wait. :helpme

Snake Doctor 03-31-2009 10:51 AM
Quote:
Originally Posted by DaddyHalbucks (Post 15692410)
Yes, it is dumb because government is not the most efficient or honest allocator of capital -- the free market IS.

When you subsidize corrupt and inefficient companies you get more expensive disasters in the end, and you lose better opportunities.

:helpme
You know what dude, you're like the kid in the 9th grade who still believes in Santa Claus.
Everyone else has figured it out by now.

The invisible hand of the free market just got done anally fisting us, it's time to move on.

Twistys Tim 03-31-2009 11:07 AM
It was only a few years ago that GM tried to make a deal with Fiat -- and it ended up costing them $2billion just to get out of the worst deal ever!

See the story here

The joining of the most inefficient company in America (Chrysler), and the most inefficient company in Europe (Fiat) will surly make the most inefficient company in the world :)

Like an owner so attached to their old dog, the American government just cannot muster the strength to call the vet and have their pet put out of it's misery.

Splum 03-31-2009 01:58 PM
Quote:
Originally Posted by Snake Doctor (Post 15692480)
That's right, because it was government out there buying all those CDO's and credit default swaps. Errrrr, wait. :helpme
I suppose the government is responsible for homes defaulting and unsustainable credit cards debt too?

The blame here starts with YOU, the consumer, then the free market, THEN the government. Guess who ends up paying for it?

Splum 03-31-2009 01:59 PM
Quote:
Originally Posted by Twistys Tim (Post 15692571)
Like an owner so attached to their old dog, the American government just cannot muster the strength to call the vet and have their pet put out of it's misery.
Well said.

Snake Doctor 03-31-2009 02:10 PM
Splum
This message is hidden because Splum is on your ignore list.

webair 03-31-2009 02:15 PM
Investing not Giving

GirlBri 03-31-2009 02:16 PM
get a life.

Reak AGV 03-31-2009 02:16 PM
He didn't give it yet..

PornMD 03-31-2009 02:17 PM
The government giving money that pretty much doesn't exist to a company called Fiat is one of the biggest ironies ever, lol.


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