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Debates Forum

  1. 25 Oct '10 17:56
    http://www.bbc.co.uk/news/world-us-canada-11622772

    US companies that received government assistance during the financial crisis have given big political contributions to Republicans, according to reports
    Most Republicans did not support the "bailout" legislation and aggressively attacked the Democrats over it.

    The Washington Post reports that 23 firms that received over $1bn (£634m) in government funds have made political contributions, mostly to Republicans.

    The companies include car-maker General Motors and Citigroup.

    "We contribute to candidates who thoughtfully approach issues that are important to the auto industry and manufacturing," GM spokesman Greg Martin told The Washington Post.

    The bailout, an initiative of the Obama administration and senior congressional Democrats, has become a liability for many vulnerable Democrats heading into next week's mid-term elections.

    Republicans argue that the bailout wasted taxpayers' money and did not boost the economy as promised.

    ....

    any thoughts?
  2. 25 Oct '10 20:09
    Originally posted by generalissimo
    http://www.bbc.co.uk/news/world-us-canada-11622772

    [b]US companies that received government assistance during the financial crisis have given big political contributions to Republicans, according to reports

    Most Republicans did not support the "bailout" legislation and aggressively attacked the Democrats over it.

    The Washington Post reports ...[text shortened]... asted taxpayers' money and did not boost the economy as promised.

    ....

    any thoughts?[/b]
    This just demonstrates that Capitalism and Democracy are dead in America. Lobbying for favorable government policies is a cheaper and easier way to make money than producing a product. Once Republicans are in power they will inevitably do something unfavorable to those with capital (raise taxes, cut spending) and the pendulum will swing to the Democrats. We will never address any real problems. At some point events in the real world may abruptly stop our fiddling but it is already too late to prevent collapse.
  3. 25 Oct '10 20:21 / 1 edit
    Originally posted by generalissimo
    http://www.bbc.co.uk/news/world-us-canada-11622772

    [b]US companies that received government assistance during the financial crisis have given big political contributions to Republicans, according to reports

    Most Republicans did not support the "bailout" legislation and aggressively attacked the Democrats over it.

    The Washington Post reports asted taxpayers' money and did not boost the economy as promised.

    ....

    any thoughts?[/b]
    Thats some creative editing you did to that article you cited as your source. Why did you omit this part generalisssimo?

    "The initial piece of emergency bailout legislation, which became the $700bn Troubled Asset Relief Program (TARP), was formulated by the Bush administration and Democratic congressional leadership in late 2008. After extensive negotiation it passed both Houses of Congress, but more than 100 Republicans in the House voted against it."
  4. 25 Oct '10 20:57
    Originally posted by utherpendragon
    [b] Thats some creative editing you did to that article you cited as your source. Why did you omit this part generalisssimo?

    "The initial piece of emergency bailout legislation, which became the $700bn Troubled Asset Relief Program (TARP), was formulated by the Bush administration and Democratic congressional leadership in late 2008. After exte ...[text shortened]... passed both Houses of Congress, but more than 100 Republicans in the House voted against it."[/b]
    I'm not really a fan of editing too heavily, but the only thing your line adds is the fact that the initial bailout was under the Bush administration. The part about opposition from Republicans in congress is also in the initial post.
  5. 25 Oct '10 21:15
    Originally posted by Barts
    I'm not really a fan of editing too heavily, but the only thing your line adds is the fact that the initial bailout was under the Bush administration. The part about opposition from Republicans in congress is also in the initial post.
    And the "democratic leadership". Its the wording and in the edited part the # of repubs opposed is stated and imo sticks out more than what he left in the initial post. He's trying to be clever but he's not.
  6. Standard member MacSwain
    Who is John Galt?
    25 Oct '10 21:38 / 1 edit
    Originally posted by generalissimo
    http://www.bbc.co.uk/news/world-us-canada-11622772

    [b]US companies that received government assistance during the financial crisis have given big political contributions to Republicans, according to reports

    Most Republicans did not support the "bailout" legislation and aggressively attacked the Democrats over it.

    The Washington Post reports asted taxpayers' money and did not boost the economy as promised.

    ....

    any thoughts?[/b]
    The American Federation of State, County and Municipal Employees (AFSCME) is spending a total of $87.5 million on the elections to help fortify the Democrats' hold on Congress.

    The 2010 election could be pivotal for public-sector unions, whose clout helped shield members from the worst of the economic downturn. In the 2009 stimulus and other legislation, Democratic lawmakers sent more than $160 billion in federal cash to states, aimed in large part at preventing public-sector layoffs. Certainly that ‘stimulus bill’ money is now being used to ‘stimulate’ Democrat campaign efforts.

    American Fed. of State, County, & Municipal Employees
    Intel Brotherhood of Electrical Workers
    National Education Association
    Service Employees International Union
    Communication Workers of America
    Service Employees International Union
    Laborers Union
    American Federation of Teachers
    United Auto Workers
    Teamsters Union
    Carpenters and Joiners Union
    Machinists & Aerospace Workers Union
    United Food and Commercial Workers Union
    AFL-CIO
    Sheet Metal Workers Union
    Plumbers & Pipefitters Union
    Operating Engineers Union
    Airline Pilots Association
    International Association of Firefighters
    United Transportation Workers
    Ironworkers Union
    American Postal Workers Union
    Nat'l Active & Retired Fed. Employees Association
    Seafarers International Union
    Source: Center for Responsive Politics, Washington, D.C.
  7. Standard member MacSwain
    Who is John Galt?
    25 Oct '10 21:46 / 1 edit
    Originally posted by generalissimo
    The companies include car-maker General Motors and Citigroup.
    General Motors? It is owned by by the government which is under Obama's control, it's doubtful very much cash is going to Republicans...perhaps just enough to provide plausible deniability. United Auto Workers (UAW) Union is the entity that has the large war chest. Watch where the UAW donations go. It will be to Democrats only.
  8. Standard member spruce112358
    Democracy Advocate
    25 Oct '10 21:59
    Originally posted by generalissimo
    http://www.bbc.co.uk/news/world-us-canada-11622772

    [b]US companies that received government assistance during the financial crisis have given big political contributions to Republicans, according to reports

    Most Republicans did not support the "bailout" legislation and aggressively attacked the Democrats over it.

    The Washington Post reports ...[text shortened]... asted taxpayers' money and did not boost the economy as promised.

    ....

    any thoughts?[/b]
    "Can you believe it? More businesses give money to REPUBLICANS!!"

    {Jon Stewart look, facing camera}
  9. 26 Oct '10 17:15
    Originally posted by utherpendragon
    And the "democratic leadership". Its the wording and in the edited part the # of repubs opposed is stated and imo sticks out more than what he left in the initial post. He's trying to be clever but he's not.
    I see you resorted to nitpicking now, only to avoid discussing the real issue here.

    why is that utherpendragon?
  10. 26 Oct '10 17:27
    Originally posted by MacSwain
    The American Federation of State, County and Municipal Employees (AFSCME) is spending a total of $87.5 million on the elections to help fortify the Democrats' hold on Congress.

    The 2010 election could be pivotal for public-sector unions, whose clout helped shield members from the worst of the economic downturn. In the 2009 stimulus and other legislatio ...[text shortened]...
    Seafarers International Union
    Source: Center for Responsive Politics, Washington, D.C.
    I believe the case with corporations like GM is more significant than this, considering the hypocrisy involved with donating money to the very party that at this very moment continues to heavily criticize the bailouts.