Why doesnt congress just take over all of the car companies?

M

mahram

there going to give them 35 billion, and the market cap is just 17 billion, isnt it cheaper just to buy them all out for 17 billion
 
AIG's market cap is 5 Billion. That didn't stop the government from investing 150 Billion so they could party and give bonuses to all their executives.
 
i just dont under stand, the government already spent 8 trillion dollers already, why dont they just spend 12 trillion and buy up all of those derivitives? it would seem cheaper in the long run.


Quote from jsmith:

AIG's market cap is 5 Billion. That didn't stop the government from investing 150 Billion so they could party and give bonuses to all their executives.
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Quote from mahram:

there going to give them 35 billion, and the market cap is just 17 billion, isnt it cheaper just to buy them all out for 17 billion
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Surely you've heard of all those high priced toilet seats the government bought ? What youre saying makes sense . . . and that's just not the way the geniuses in govt do things - - - You see, its also the 'impression' that counts. Supplying a 'bridge loan' is one thing . . . but an outright buy and complete takeover . . . well, that's a little too obvious and hard to deny. How can you claim not to be Socialist if the govmnt owns the company ? - - -
 
Quote from mahram:

i just dont under stand, the government already spent 8 trillion dollers already, why dont they just spend 12 trillion and buy up all of those derivitives? it would seem cheaper in the long run.
More...

Why? It is because that additional 4 trillion you talk about needs to be at least 21 trillion. Many have no freakin clue how big of a sucking black hole it is!

Don't worry though we will sacrifice our horrible living of life (oh so bad) and pass it on to our children and grand children as they fight over cardboard boxes and rat holes.
 
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