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Someone,
You are exactly right. Obama was asked this by a reporter and his reply was that it's difficult to prove fraud in these cases. This is bull. Even 60 mins located several ex-employee auditors for major lenders that rejected lavish severance packages with non-disclosures attached. These people were waiting, ...more
Every sentence this guy utters is a contradiction -
"This is a big problem, and I can understand where Obama is coming from with this whole health care deal," Janeaux said.
But, he said, unless the government can come up with a way to help people like him, who work for small businesses, he can't be supportive.
...more
Daniels comments seem rude but I can tell you that getting quality work or even getting the job finished by a contractor is rare indeed, regardless of cost. The vast majority of them don't give a $hit because they know that it's impractical to sue them. Many will change business names every few years so they can "start...more
A lot of people don't know that Ford took about $6 billion in bailout money from the government by way of the dept of energy (that we know of). From what I have heard, they have not paid it back and may not even intend to perhaps considering it some type of gift from the endlessly generous american taxpayer.
GE/I...more
I'm surprised those guys helped him get out, not because they are not nice guys (they obviously are) but because he will probably sue them for damage.
I drive a 4 wheel drive truck and I sometimes come across people stuck in high end cars and I'm afraid to pull them out because I know they will sue me for any dam...more
"Many of you who have sour grapes here. Is someone going to hand you a house?"
You mean like the government handed $7 trillion to banks, wall street and various other fortune 500 corps? Nobody asked me for permission to spend tax money on rich corporations.
I can't even fathom that figure. It's something li...more
I know that in the 80's, leveraged buyout firms made millions but only because they left the surviving company with huge debts. Almost inevitably, these companies later filed bankruptcy because they were unable to service the debts and the only winner was the buyout firm because much of the debt was a result of profits...more
1/12/2012
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