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Thread: Last Weeks Jobs Report

  1. #21
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    Quote Originally Posted by sambo View Post
    That is wrong...that have paid back most of that and the US owns equity that it will eventially sell. This was a big success
    "Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn't so."

  2. #22
    Senior Member Matt McKenzie's Avatar
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    Quote Originally Posted by Hookset View Post
    please cite your source
    I didn't think you could. Oh well.
    Matt McKenzie

    "Thinking is the hardest work there is, which is probably the reason why so few engage in it." Henry Ford

  3. #23
    Senior Member menmon's Avatar
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    Quote Originally Posted by Jacob Hawkes View Post
    "Well, the trouble with our liberal friends is not that they are ignorant, but that they know so much that isn't so."
    So why don't you make your source their SEC filings. They are all on their website or you can go to the Securities Exchange Commisions website and find them there. Then call me a liar again and back it up

  4. #24
    Senior Member menmon's Avatar
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    Quote Originally Posted by duckheads View Post
    Not even close. The government stills owns a third of the company and the stock will have to get up in to the 50"s for the government to be able to sell the stock to recoup the tax payers money. The stock is what somewhere in the 30's now. Stop drinking the cool aid and wake up. This deal is about as successful and the Chevy Volt!!
    Give it time, GM's stock will go to $50, especially as americans go back to work and buy more cars. Obama's mortage plan will help speed that up as folks get some relief on their home mortages.

    I know you want him to fail, no matter how bad it is for your neighbor

  5. #25
    Senior Member road kill's Avatar
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    Quote Originally Posted by sambo View Post
    Give it time, GM's stock will go to $50, especially as americans go back to work and buy more cars. Obama's mortage plan will help speed that up as folks get some relief on their home mortages.

    I know you want him to fail, no matter how bad it is for your neighbor
    Conversely, I know you want him to succeed, no matter how bad it is for your neighbor.


    RK
    Stan b & Elvis

  6. #26
    Senior Member Gerry Clinchy's Avatar
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    Quote Originally Posted by sambo View Post
    Give it time, GM's stock will go to $50, especially as americans go back to work and buy more cars. Obama's mortage plan will help speed that up as folks get some relief on their home mortages.
    Don't count on that. There will be a lot more foreclosures & short sales hitting the market ... they are in limbo right now.

    Have a client hoping now for a short sale. Haven't paid their mortgage in over 6 months. Otherwise it will become a foreclosure.

    In theory, foreclosure should have been started after 60 days of no mortgage payments, but that still hasn't happened.

    This couple had been approved for a modification, but when it came through the payments were still much like the payments they had before! It really gave them no benefit.

    Basically, the govt put the foreclosures on "hold", but the dam will burst at some point.

    This couple has already moved out of the house. The same is true for many others. This housing inventory will be less attractive (perhaps even damaged or vandalized) before it gets sold, so the selling prices will be lower.

    My take on it is that the govt was hoping for the jobs to recover, which would then solve the housing issue. The measures that were put in place were "temporary" fixes based on that hope.
    G.Clinchy@gmail.com
    "Know in your heart that all things are possible. We couldn't conceive of a miracle if none ever happened." -Libby Fudim

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  7. #27
    Senior Member Uncle Bill's Avatar
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    Quote Originally Posted by sambo View Post
    Some fell off and some got on.

    Just wait until Obama is saying that we have a lot more to do, but without the republican's help we managed to get unemployment down to 7%. Now you can reelect me to 4 more years and I'll keeping fighting the fight for you, or you can vote for the crowd that put us in deepest recession in 3 generations. And by the way I'm a Christian and I believe that Jesus died for us.

    I think Obama need to run and run that Clint Eastwood comercial, too. Because he can take full credit for that and remind Americans how the republicans wanted to turn their back on Amercian workers.

    Hooverism does not work in a recession.

    Good luck in November
    I have nothing to post here. Just wanted to get it quoted, so it can't be erased in November. Hope you are REAL hungry Sambo. Eating your words will taste a lot more bitter than your usual IHOP fare.

    UB
    When the one you love becomes a memory, that memory becomes a treasure.

  8. #28
    Senior Member Uncle Bill's Avatar
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    Quote Originally Posted by sambo View Post
    Give it time, GM's stock will go to $50, especially as americans go back to work and buy more cars. Obama's mortage plan will help speed that up as folks get some relief on their home mortages.

    I know you want him to fail, no matter how bad it is for your neighbor

    Obama buying votes...so what's new. Nothings new here, including your inability to understand what country you live in...America. And every time you ignorantly laugh at your shortcomings, such as blaming your lack of spelling skills, many of us just realize what a fool you really are.

    What you fail to understand is conservatives don't have a problem with Obama...we have a problem with fools like you.

    The danger to America is not Barack Obama, but the citizenry capable of entrusting a man like him with the presidency.
    It will be easier to limit and undo the follies of an Obama presidency, than to restore the necessary common sense and good judgment to an electorate willing to have such a man for their president.
    The problem is much deeper and far more serious than Mr. Obama, who is a mere symptom of what ails us.
    Blaming the prince of the fools should not blind anyone to the vast confederacy of fools that made him their prince.
    The republic can survive a Barack Obama. It is less likely to survive a multitude of fools such as those that made him their President.

    You may indeed succeed in making this nation into a small a 'america', and if you do, it won't take your crowd long before it turns into a small g greece.

    UB

    When the one you love becomes a memory, that memory becomes a treasure.

  9. #29
    Senior Member duckheads's Avatar
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    Quote Originally Posted by sambo View Post
    Give it time, GM's stock will go to $50, especially as americans go back to work and buy more cars. Obama's mortage plan will help speed that up as folks get some relief on their home mortages.

    I know you want him to fail, no matter how bad it is for your neighbor
    As GM's stock goes up, if it ever does, then the UAW will want more and more and we the taxpayers will never get our money back. Not sure what you smoke or take on a daily basis to come to the conclusions you come to but you should at least cut back because it is not good!

    I grew up in a GM town that at one point had 30,000 workers now there is one to look over the vacant properties. I have only owned one vehicle that was not a GM and have 4 GMC's right now, 2 pick ups and two vans. I will never buy another new GM vehicle!

    Like Stan said "I know you want him to succeed, no matter how bad it is for your neighbor".
    Last edited by duckheads; 02-07-2012 at 12:50 PM.
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  10. #30
    Senior Member Julie R.'s Avatar
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    Quote Originally Posted by sambo View Post
    Some fell off and some got on.

    Just wait until Obama is saying that we have a lot more to do, but without the republican's help we managed to get unemployment down to 7%.

    Good luck in November

    I don't know where you are getting that figure of 7 percent unless it's from the Hopium you've been smoking. Divide all that stimlas money by number of people who got jobs during his admin; those were some pretty pricey jobs. A shame there's no way to count the millions of illegals (democrat voters) streaming across the borders with their hands out and add them to the unemployment statistics.
    Julie R., Hope Springs Farm
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