Did You Hear That Chrysler Paid The Taxpayers Back? They Did? Really?

Do you remember this GM lie?


Well, here is the Chrysler lie.  I am borrowing text from the linked article because I don't believe I can put it any better.

The Obama Energy Department is loaning (Fiat) a foreign car company $3.5 billion so that it can pay the US Treasury Department $7.6 billion even though American taxpayers spent $13 billion to save an American car company that is currently only worth $5 billion.
Oh, and Obama plans to make this “success” a centerpiece of his 2012 campaign.

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Largest Bailout By Taxpayers Evah!

Who among us doesn't believe we have put enough money into the bottomless failures known as Fannie Mae and Freddie Mac?  The government expects their rescue to cost taxpayers about $259 billion.
Where is the Liberal outrage over the "Big O's" pay czar giving his blessing to the CEO's of these 2 loser companies?  Just watch the short video below.

When Losing $84 Billion Is A Success

A person with even the smallest amount of logic would say to themselves - who the hell would consider a loss of $84 billion a success?  Why Captain Kick-ass and the rest of the mindless morons running the financials in this country when discussing the GM bailout.
How does the figure get to $84 Billion?  The $25 Billion the taxpayers won't get repaid, the $45 Billion tax break we gave them during bankrupcy and the $14 Billion domestic taxbreak they still get. 
Now that is a true Obama success story!

Chrysler Workers Drinking And Smoking Pot On Lunch

I tell you what - I sure am glad the taxpayers bailed the auto companies so that these guys could keep their jobs.

Tab On Fannie And Freddie - $146 Billion And Counting

The Republicans want to cut ties with the 79.9% federally owned Fannie and Freddie but the Liberals want to keep pumping taxpayer money into these two money pits.  In case you need to be reminded of the Liberal way......don't fix anything just keep throwing money at it.
Too big to fail my a$$.  Let them sink!!

Do You Think BHO And AIG Are In It Together?

These are the evil people the "Chosen One" is protecting us from.  At least he is being civil and tranparent about inviting them to the White House.  I have no doubts that AIG helped to wrtite the reform legislation.  What a fine and upstanding leader this country has!

Surprise! Surprise! Surprise!

In a shocking move - the DOJ dropped its investigation into AIG.  If the DOJ kept up with its investigation do you think they would have been obligated to inform the public with what most of us already know - the federal government had a huge role in the financial collapse? 
With the passing of the BS Financial Reform legislation why should the DOJ keep up its investigation.  The reform legislation makes sure that the banks will always be bailed out-  end of story.  Hmmmmm - AIG backed the reform legislation - do you think they knew the DOJ would drop the inquiry?

Government To Bail Out Chicago Bank With Ties To Obama

That's right people.......we taxpayers get to bail out some of BHOs buddies.  Ahhhhhhh Chicago politics in the White House.......come on you don't think he has forgotten his boys in Chicago?

Did You Hear That GM Paid Back Their Taxpayer Loan? Ummm - Sure They Did

When the bailout of GM was being considered Senator Lamar Alexander (R-TN) had this great idea for the taxpayers that were paying to keep GM open but the lefties made sure the private sector didn't get a piece of this pie......we just had to buy the ingredients, bake it and watch GM eat it.



GM's use of TARP money to pay back a TARP loan can be compared to paying off your Visa bill with your Mastercard.

I need a Bextra for my exploding head!

Glad we have the FDA to look out for us and the strong arm of he Justice Department to follow the law. Well look here and you shall see what tricks can be pulled when the interest is there. Bail out anyone? Too bad our country wasn't as f-ed up when Enron and Worldcom were still around. Can the people who lost their jobs and others who went to jail use these new examples to get a free T-shirt or something? To big to nail

More Money For Fannie!!

Here we go again people!!
After 10 straight quarterly losses - the American taxpayer is going to have to spend another 15.3 billion dollars to bail out Fannie again! In case you haven't been keeping a running total of how much they have siphoned from the American taxpayer (but I have) it is 76.2 billion - including this latest proposal.
Do all of you remember the amount of press the Wall Street executives have been getting for their huge 2009 bonuses? We are talking about bonuses for executives in the private sector of business....the guys that have share holders to answer to - has anyone forgot about this April 2009 article on Fannie and Freddie bonuses?
This one is even better. As I stated in the beginning of this posting - 10 straight quarterly losses!
Let us not forget about this December 2009 article on Fannie and Freddie bonuses?

In November let's fulfill "The One's" promise for change!

Obama on AIG Bonuses - Then and Now

If you don't remember the outrage that "The One" expressed when AIG executives were getting their contracted bonuses I have included this little video to remind you.



It would appear that "The One" should never be without his speech writers or his teleprompter. Here is how he really feels about the bonuses for those very same executives today.
Whether you like the bonus amounts or not it is capitalism at work. Every person in this country has the opportunity to reach the top of a company and receive those very same bonus amounts. In case you have forgotten.......it is called the American Dream!

The Next Taxpayer Bailout - Federal Housing Administration

Since the Federal Housing Administration dug this hole by backing risky loans from suspect financial institutions.......I say bury them in it. I have no doubt that we will be told that they are too big or important to fail so the tax payers will foot the bill on this one too.
With any luck - "The One" will use some of that stimulus money to hire an undocumented worker to grease up the boot before they stick it to the taxpayers.

$4 Trillion Bank Bail Out Fund.

Now doesn't the guy in the picture for a "Responsibility" tax look just like the guy in this posting? The same guy responsible for H.R. 4173 which gives big banks a $4 trillion pass? Barney Frank is a hypocritical jackass and needs to go. We can only hope that after the fine people of Massachusetts vote Brown in - they vote Frank out in 2010. Hey! Look at that Coakley I can spell Massachusetts and I don't live there.