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Getbig Main Boards => Politics and Political Issues Board => Topic started by: blacken700 on June 07, 2011, 08:01:23 AM
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Margaret Thatcher to Sarah Palin: don't bother dropping byAllies of former prime minister regard darling of Tea Party movement as a frivolous figure unworthy of an audience
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Margaret Thatcher will attend the unveiling of a statue to Ronald Reagan but is not planning to meet Sarah Palin. Photograph: Barry Thumma/AP
Sarah Palin wants to show to the Republican right that she is the true keeper of the Ronald Reagan flame by meeting the late president's closest ally on the world stage.
A meeting with Margaret Thatcher in the centenary year of Reagan's birth would be the perfect way of launching her bid for the Republican nomination for the 2012 US presidential election.
This is what Palin told Christina Lamb in the Sunday Times:
I am going to Sudan in July and hope to stop in England on the way. I am just hoping Mrs Thatcher is well enough to see me as I so admire her.
It appears that the former prime minister has no intention of meeting the darling of the Tea Party movement. Andy McSmith reported in the Independent this morning that Palin is likely to be "thwarted" on the grounds that Thatcher, 86, rarely makes public appearances.
It would appear that the reasons go deeper than Thatcher's frail health. Her allies believe that Palin is a frivolous figure who is unworthy of an audience with the Iron Lady. This is what one ally tells me:
Lady Thatcher will not be seeing Sarah Palin. That would be belittling for Margaret. Sarah Palin is nuts.
Thatcher will show the level she punches at when she attends the unveiling of a statue of Ronald Reagan outside the US embassy in Grosvenor Square on Independence day on 4 July. This is what her ally told me:
Margaret is focusing on Ronald Reagan and will attend the unveiling of the statue. That is her level.
No doubt a rebuff from Thatcher will delight Andrew Sullivan, the creator of The Dish blog, who regards Palin as a dangerous lightweight.
:D :D :D
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Third Hand hearsay?
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Third Hand hearsay?
it's only useful on things such as whitey tapes and secret service racism firings :)
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it's only useful on things such as whitey tapes and secret service racism firings :)
ding ding
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Third Hand hearsay?
are you joking?
when has that every bothered you before
Half the shit you post is total hearsay and you pretend it's a quote directly from God
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are you joking?
when has that every bothered you before
Half the shit you post is total hearsay and you pretend it's a quote directly from God
Yeah that was awesome.. i had to chuckle when i saw this post..
$200mil a day..hahahahahahhahahaha
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are you joking?
when has that every bothered you before
Half the shit you post is total hearsay and you pretend it's a quote directly from God
already admitted being wrong on those two threads.
BTW this seems no different than he Nobel Prize winner and former prez of Poland not wanting to meet Obama last month.
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already admitted being wrong on those two threads.
BTW this seems no different than he Nobel Prize winner and former prez of Poland not wanting to meet Obama last month.
how about your alleged quotes from LBJ that you ranted for days about
there have been many others too
you constantly post hearsay and pretend it's an actual quote
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already admitted being wrong on those two threads.
I admitted repeatedly that i was wrong in my predictions. Yet you feel the need to 'rub it in' 2 years later.
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Or the SWAT TEAM....hahahahahahaah that was stripped all the way down
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Source: blackenPedia.com (http://www.all-lies.com/misinfo/index.shtml)
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how about your alleged quotes from LBJ that you ranted for days about
there have been many others too
you constantly post hearsay and pretend it's an actual quote
Add the Winston Churchill quotes that he gets WRONG EVERY SINGLE TIME despite that I link him to the Winston Churchill Foundation explaining why and how they are misattributed. ;D
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Add the Winston Churchill quotes that he gets WRONG EVERY SINGLE TIME despite that I link him to the Winston Churchill Foundation explaining why and how they are misattributed. ;D
oh when he gets stuck on something.. a little speed bump like FACTS wont get in his way
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Vicious beat down by facts and reality here. Watch out, he is going to start crying (more than usual) and get his revenge by bumping two year old threads for no reason.
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Vicious beat down by facts and reality here. Watch out, he is going to start crying (more than usual) and get his revenge by bumping two year old threads for no reason.
hahaahhahah isn't that the truth ;D
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Vicious beat down by facts and reality here. Watch out, he is going to start crying (more than usual) and get his revenge by bumping two year old threads for no reason.
Yeah he wont be comin back here
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Yeah he wont be comin back here
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it's only useful on things such as whitey tapes and secret service racism firings :)
or cheating with spouses business partneres...;)
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or cheating with spouses business partneres...;)
yeah, but that shit was actually true, dawg.
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I am really unclear why you like to post this photoshop pic.
If anything, all it does is deliver another kick in the balls to you by Obama over the birther issue.
One can only wonder how you must feel to be the laughing stock of the most important thing in your life. The internet.
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The economy is imploding, the country is on the verge of another massive collapse and all you clowns can talk about is Sarah Palin, a woman who hasn't even announced her intentions of running for president.
How pathetically sad. Anything to deflect attention away from the God-King's disastrous term, I suppose.
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The economy is imploding, the country is on the verge of another massive collapse and all you clowns can talk about is Sarah Palin, a woman who hasn't even announced her intentions of running for president.
How pathetically sad. Anything to deflect attention away from the God-King's disastrous term, I suppose.
Better get in your bomb shelter and don your tin foil hat.
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How's everyone's golf game? ;D
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How's everyone's golf game? ;D
Not as good as Obama's. Then again, my job is much more demanding. I don't have the time to hit the links for 76 rounds in 2 years.
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Not as good as Obama's. Then again, my job is much more demanding. I don't have the ability to hit the links 76 times in 2 years.
Many posters from both sides (including me) post dumb crap attacking people from each side that in the pure sense are petty and are usually irrelevant to those issues you listed.
BTW you do, you just choose not to. :D
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Many posters from both sides (including me) post dumb crap attacking people from each side that in the pure sense are petty and are usually irrelevant to those issues you listed.
BTW you do, you just choose not to. :D
I was being sarcastic and even so, I'd have to really bust my ass to get out there 76 times in 2 years. But hey, it's like I'm the POTUS or anything. :-X
This board is hardly a politics board at this point. It's little more than a gossip board where creepy Palin stalkers obsess over her every. single. day.
As 240 (who has 3 posts in this thread and hundreds in the birther thread) puts it: www.usdebtclock.org
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Not as good as Obama's. Then again, my job is much more demanding. I don't have the time to hit the links for 76 rounds in 2 years.
Yes, but you have the time to show up on getbig daily for nearly a 16,000 post count total. How many posts does Obama have on Getbig?
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Yes, but you have the time to show up on getbig daily for nearly a 16,000 post count total. How many posts does Obama have on Getbig?
Whoosh.
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Whoosh.
Exactly. Right over your head once again.
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Exactly. Right over your head once again.
Whoosh!
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What would team obot do wo having palin to attack? Defend obamanomics? Lmao. I wish they would actually try for once.
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Whoosh!
???
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I was being sarcastic and even so, I'd have to really bust my ass to get out there 76 times in 2 years. But hey, it's like I'm the POTUS or anything. :-X
This board is hardly a politics board at this point. It's little more than a gossip board where creepy Palin stalkers obsess over her every. single. day.
As 240 (who has 3 posts in this thread and hundreds in the birther thread) puts it: www.usdebtclock.org
2-3 days a month? Doesn't seem like much.
I know the president is ultra busy. The nice thing he has is a huge governmental staff doing all the boring time consuming shit for him.
As for 240's debit clock thing, wasn't 33333 doing that too? I could be mistaken. Plus, you also have Obama stalker. (notice the singular ;D)
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2-3 days a month? Doesn't seem like much.
I know the president is ultra busy. The nice thing he has is a huge governmental staff doing all the boring time consuming shit for him.
As for 240's debit clock thing, wasn't 33333 doing that too? I could be mistaken. Plus, you also have Obama stalker. (notice the singular ;D)
who could that be :o
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Who was the first here to post that site? It wasn't 240.
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2-3 days a month? Doesn't seem like much.
I know the president is ultra busy. The nice thing he has is a huge governmental staff doing all the boring time consuming shit for him.
As for 240's debit clock thing, wasn't 33333 doing that too? I could be mistaken. Plus, you also have Obama stalker. (notice the singular ;D)
2-3 days a month? He's been out there every weekend for 7 or 8 weeks now (more than any other president in recorded memory). Sorry but golfing 76 times in 2 years as POTUS is ridiculous. The saddest part is that none of this even factors in the multiple vacations this guy has taken, as well.
And yes, 333 did it but there's a big difference in that he actually discusses the economy. 240's life revolves around Sarah Palin and sucking Obama's dick.
How can you call someone an Obama stalker on this board? This is a politics board, although all signs point to it being a celebrity gossip board a la Perez Hilton.
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Who was the first here to post that site? It wasn't 240.
It was you I think. :)
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Who was the first here to post that site? It wasn't 240.
I'm sarcastically posting it anyway. 240 pops into threads that he claims are distractions to throw it around, all while he logs hundreds of posts in the birther thread and post-after-post about Sarah Palin.
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I'm sarcastically posting it anyway. 240 pops into threads that he claims are distractions to throw it around, all while he logs hundreds of posts in the birther thread and post-after-post about Sarah Palin.
Considering the fascination for her I can't believe blacken and 240 dont support her for prez.
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Considering the fascination for her I can't believe blacken and 240 dont support her for prez.
I'm more surprised we haven't seen a news story about some wayward Floridian showing up outside Palin's house with a fur coat sewn together with the skins of animals he picked up on the side of the road in an effort to declare his love for her.
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I'm more surprised we haven't seen a news story about some wayward Floridian showing up outside Palin's house with a fur coat sewn together with the skins of animals he picked up on the side of the road in an effort to declare his love for her.
Oh snap!
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2-3 days a month? He's been out there every weekend for 7 or 8 weeks now (more than any other president in recorded memory). Sorry but golfing 76 times in 2 years as POTUS is ridiculous. The saddest part is that none of this even factors in the multiple vacations this guy has taken, as well.
And yes, 333 did it but there's a big difference in that he actually discusses the economy. 240's life revolves around Sarah Palin and sucking Obama's dick.
How can you call someone an Obama stalker on this board? This is a politics board, although all signs point to it being a celebrity gossip board a la Perez Hilton.
What do you mean? 33333 has many many many posts about Obama on golf to gaffes to what ever.
I would say that is stalking. Now, to his credit he also posts other things of great substance.
52 weeks a year, 104 in 2 years.... 76 times = 2-3 times a month. So what? Hell, Boner is even joining him this weekend.
and no, I disagree, 240 posts other things too. Unforgettably, Palin threads get action. Also 240 tries to stir the pot in a all too obvious way at times.
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What do you mean? 33333 has many many many posts about Obama on golf to gaffes to what ever.
I would say that is stalking. Now, to his credit he also posts other things of great substance.
52 weeks a year, 104 in 2 years.... 76 times = 2-3 times a month. So what? Hell, Boner is even joining him this weekend.
and no, I disagree, 240 posts other things too. Unforgettably, Palin threads get action. Also 240 tries to stir the pot in a all too obvious way at times.
I admit to my pettiness when it comes to Obama. I will try to exploit anything I can to paint him in a negative light.
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I'm more surprised we haven't seen a news story about some wayward Floridian showing up outside Palin's house with a fur coat sewn together with the skins of animals he picked up on the side of the road in an effort to declare his love for her.
:D man your mind is warped
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I'm more surprised we haven't seen a news story about some wayward Floridian showing up outside Palin's house with a fur coat sewn together with the skins of animals he picked up on the side of the road in an effort to declare his love for her.
Palin lives in Arizona now. Why would they need fur coats in the summer and how would the fur coats help to "declare their love for her"?
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What do you mean? 33333 has many many many posts about Obama on golf to gaffes to what ever.
I would say that is stalking. Now, to his credit he also posts other things of great substance.
52 weeks a year, 104 in 2 years.... 76 times = 2-3 times a month. So what? Hell, Boner is even joining him this weekend.
and no, I disagree, 240 posts other things too. Unforgettably, Palin threads get action. Also 240 tries to stir the pot in a all too obvious way at times.
This board would be dead without 333's posts. He's really the only one that it keeps active. Which is why it's funny that you guys seem to want to drive him off. Maybe it's because I'm not infatuated with Palin like a creepy middle-aged stalker but it says a lot that threads about her get the most action from the liberals on here. I can just see it now without 333 around - thread after thread about Palin with every douche e-high fiving each other over her...all while the economy crashes and burns. But it's not like something like the economy is important.
Like I said, more of a Perez Hilton-type board than an actual political board these days. Guess it's not surprising given that the Dems here aren't capable of defending Obamanomics.
Palin lives in Arizona now. Why would they need fur coats in the summer and how would the fur coats help to "declare their love for her"?
Thanks for proving my point.
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This board would be dead without 333's posts. He's really the only one that it keeps active. Which is why it's funny that you guys seem to want to drive him off. Maybe it's because I'm not infatuated with Palin like a creepy middle-aged stalker but it says a lot that threads about her get the most action from the liberals on here. I can just see it now without 333 around - thread after thread about Palin with every douche e-high fiving each other over her...all while the economy crashes and burns. But it's not like something like the economy is important.
Like I said, more of a Perez Hilton-type board than an actual political board these days. Guess it's not surprising given that the Dems here aren't capable of defending Obamanomics.
Perhaps you can tell us what its like to wack it to Wiener pics next weekend instead.
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Perhaps you can tell us what its like to wack it to Wiener pics next weekend instead.
Why would I be able to tell you? You're the one bombing that thread with posts defending him. :)
It is pretty funny watching people like you try to save the career of one of your heroes, though.
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I enjoy being that thorn in the side of the Obots who never imagined his presidency would be such a colossal mess.
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Why would I be able to tell you? You're the one bombing that thread with posts defending him. :)
It is pretty funny watching people like you try to save the career of one of your heroes, though.
The wiener grilling must be hard. He was one of their darlings.
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The wiener grilling must be hard. He was one of their darlings.
At this point, it doesn't even matter if he resigns or not. He'll never be taken seriously again and his credibility was destroyed when he was exposed for a lying snake.
He's free to stick around as an insignificant nobody. In-fact, it'll probably sting more if he stays as every day he'll be faced with the memories of when he used to be a somebody in the political scene.
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At this point, it doesn't even matter if he resigns or not. He'll never be taken seriously again and his credibility was destroyed when he was exposed for a lying snake.
He's free to stick around as an insignificant nobody. In-fact, it'll probably sting more if he stays as every day he'll be faced with the memories of when he used to be a somebody in the political scene.
That's why Reid and pelosi are trying to get rid of him.
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At this point, it doesn't even matter if he resigns or not. He'll never be taken seriously again and his credibility was destroyed when he was exposed for a lying snake.
He's free to stick around as an insignificant nobody. In-fact, it'll probably sting more if he stays as every day he'll be faced with the memories of when he used to be a somebody in the political scene.
He will be fine and up and running in no time like nothing happened.
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He will be fine and up and running in no time like nothing happened.
Pelosi is going to run him out. She does not want him being an issue in her quest to regain the house. Mark foley anyone?
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This board would be dead without 333's posts. He's really the only one that it keeps active. Which is why it's funny that you guys seem to want to drive him off. Maybe it's because I'm not infatuated with Palin like a creepy middle-aged stalker but it says a lot that threads about her get the most action from the liberals on here. I can just see it now without 333 around - thread after thread about Palin with every douche e-high fiving each other over her...all while the economy crashes and burns. But it's not like something like the economy is important.
Like I said, more of a Perez Hilton-type board than an actual political board these days. Guess it's not surprising given that the Dems here aren't capable of defending Obamanomics.
Thanks for proving my point.
You guys? I am not trying to drive him off. lol
BTW What is there to defend?
9 word question: Are you better now than you were in 2008?
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You guys? I am not trying to drive him off. lol
BTW What is there to defend?
9 word question: Are you better now than you were in 2008?
Are you asking GE, GS, BOA, JPM, CITI, Blankfien, Soros, Mack, Dimon, that question? ;D.
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Are you asking GE, GS, BOA, JPM, CITI, Blankfien, Soros, Mack, Dimon, that question? ;D.
>:(
;D
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You guys? I am not trying to drive him off. lol
BTW What is there to defend?
9 word question: Are you better now than you were in 2008?
Yes. A LOT.
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Yes. A LOT.
Is the country better off?
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Yes. A LOT.
Were you able to declare your blowup doll/ imaginary girlfriend Jizzball as a dependent on your tax return? If not, you must be thrilled over the fact that unemployment benefits were extended for 99 weeks.
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Is the country better off?
I think Obama has done a decent job, not as Liberal as I like, but has done quite well nonetheless.
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I think Obama has done a decent job, not as Liberal as I like, but has done quite well nonetheless.
I didnt mean to ask if Obama did a decent job. What I asked was if you think our country is better off now than it was in 2008?
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I didnt mean to ask if Obama did a decent job. What I asked was if you think our country is better off now than it was in 2008?
Of course. In 2008 stocks hit the bricks, Auto companies in America were nearly extinct. Fast Forward to today, the stock market has recovered, stabilized, the auto companies have repaid all of the money back and turned a profit for themselves and on the borrowed money and Bin Laden is dead.
Of course there are a thousand other little things, such as the reinstatement of Stem Cell research the ending of Don`t Ask, Don`t Tell and Credit Card reform, but I don`t need to go on.
Yes we are MUCH better than we were in 2008.
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Of course. In 2008 stocks hit the bricks, Auto companies in America were nearly extinct. Fast Forward to today, the stock market has recovered, stabilized, the auto companies have repaid all of the money back and turned a profit for themselves and on the borrowed money and Bin Laden is dead.
Of course there are a thousand other little things, such as the reinstatement of Stem Cell research the ending of Don`t Ask, Don`t Tell and Credit Card reform, but I don`t need to go on.
Yes we are MUCH better than we were in 2008.
LOL umemployment is higher now than 08 weve spent tons to prevent it but it actually created more, the health care bill is going to start hitting businesses hard in the upcoming year which will cause more unemployment.
we arent any better off oz we may be better off in one or two small areas but over we are much worse my friend...
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I'm more surprised we haven't seen a news story about some wayward Floridian New Yorker showing up outside Palin'sThe White house with a fur coat sewn together with the skins of animals he picked up on the side of the road in an effort to declare his love for herThe President.
Fixed... Oh Snap ::)
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Fixed... Oh Snap ::)
I don't love Obama - I detest him and everyone who still approves of him.
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This board would be dead without 333's posts. He's really the only one that it keeps active. Which is why it's funny that you guys seem to want to drive him off. Maybe it's because I'm not infatuated with Palin like a creepy middle-aged stalker but it says a lot that threads about her get the most action from the liberals on here. I can just see it now without 333 around - thread after thread about Palin with every douche e-high fiving each other over her...all while the economy crashes and burns. But it's not like something like the economy is important.
Like I said, more of a Perez Hilton-type board than an actual political board these days. Guess it's not surprising given that the Dems here aren't capable of defending Obamanomics.
I totally make my case as an American concerned about issues on both sides. What I refuse to do is go the "all in" route so many of us like to do on here. If viewed in a wider scope, the "issues" arent as black and white as some of "us" like to make them. That is, issues and policies I'm talking about. This Political board" , if we still want to call it that, is comparable with a middle school yard yelling match with facts and rational thoughts being omitted for insults and ridiculous satire and hyperbole. We all say we dont like Rush Limbaugh Sean Hannity Keith Olberman and Rachael Maddow, but thats exactly what this sham of a political board is
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I don't love Obama - I detest him and everyone who still approves of him.
Yes you do. He owns your mind and you think of him every waking minute. Spend all your time posting about him. I think that the reason you cry and whine so much about him is that he denied the gay rumors and thwarted the little love fest fantasy you had. So now, it is a case of Sour Grapes coming from you about him.
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Of course. In 2008 stocks hit the bricks, Auto companies in America were nearly extinct. Fast Forward to today, the stock market has recovered, stabilized, the auto companies have repaid all of the money back and turned a profit for themselves and on the borrowed money and Bin Laden is dead.
Of course there are a thousand other little things, such as the reinstatement of Stem Cell research the ending of Don`t Ask, Don`t Tell and Credit Card reform, but I don`t need to go on.
Yes we are MUCH better than we were in 2008.
Now here is why the nation is the way it is. The country is filled with delusional morons and this is one of them.
Strain out a fly but swallow a camel.
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Of course. In 2008 stocks hit the bricks, Auto companies in America were nearly extinct. Fast Forward to today, the stock market has recovered, stabilized, the auto companies have repaid all of the money back and turned a profit for themselves and on the borrowed money and Bin Laden is dead.
Of course there are a thousand other little things, such as the reinstatement of Stem Cell research the ending of Don`t Ask, Don`t Tell and Credit Card reform, but I don`t need to go on.
Yes we are MUCH better than we were in 2008.
Auto companies paid it all back? I thought there was a thread here recently that said Chrysler had paid a 3rd of it back. I like some of the things you listed there (DADT, CC reform, Stem cell research etc.) but they don't affect the average person as much as , gas prices, food prices, and unemployment. Additionally, after almost 3 years, we are still very much in 2 wars and started involvement in a 3rd.
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Auto companies paid it all back? I thought there was a thread here recently that said Chrysler had paid a 3rd of it back. I like some of the things you listed there (DADT, CC reform, Stem cell research etc.) but they don't affect the average person as much as , gas prices, food prices, and unemployment. Additionally, after almost 3 years, we are still very much in 2 wars and started involvement in a 3rd.
http://www.treasury.gov/press-center/press-releases/Pages/tg1189.aspx
Chrysler Repays Outstanding TARP Loans
5/24/2011
Early Repayment Comes Six Years before Loans Mature in 2017
115,000 Jobs Added in Auto Industry since June 2009 – Strongest Growth in a Decade
WASHINGTON – Today, the U.S. Department of the Treasury announced that Chrysler Group LLC has repaid its outstanding Troubled Asset Relief Program (TARP) loans. Chrysler’s repayment comes six years before the scheduled maturity of those loans in 2017.
As part of today’s announcement, Chrysler Group LLC repaid $5.1 billion in TARP loans and terminated its ability to draw a remaining $2.1 billion TARP loan commitment. In total, Treasury has received $1.5 billion in interest and fees from Chrysler Group LLC, including $865 million associated with today’s transaction.
“Chrysler’s early repayment of its outstanding TARP loans is an important step in the turnaround of this company and the resurgence of the auto industry," said Treasury Secretary Tim Geithner. “Because President Obama made the tough decision to stand behind and restructure the auto industry, America’s automakers are growing stronger, making new investments, and creating new jobs today throughout our nation’s industrial heartland.”
Treasury committed a total of $12.5 billion to Chrysler under TARP’s Automotive Industry Financing Program (AIFP). With today’s transaction, Chrysler has returned more than $10.6 billion of that amount to taxpayers through principal repayments, interest, and cancelled commitments. Treasury continues to hold a 6.6 percent common equity stake in Chrysler. As previously stated, however, Treasury is unlikely to fully recover its remaining outstanding investment of $1.9 billion in Chrysler.
When President Obama took office, the American auto industry was on the brink of collapse. The President made the difficult decision to provide support to General Motors (GM) and Chrysler on the condition that all stakeholders make the sacrifices necessary to fundamentally restructure those companies and put them on a path to viability. By conservative estimates, providing this support and preventing the abrupt liquidation of GM and Chrysler saved more than 1 million American jobs. Moreover, the expected costs of TARP’s support for the industry have come down dramatically over the last two years as the auto industry has continued to recover and strengthen.
Today, as a result of the President’s tough decisions and the hard work of the companies’ new management teams, their dedicated employees, and the communities that support them, the American auto industry is growing stronger and creating new jobs. For the first time since 2004, all three American automakers have an operating profit. Since GM and Chrysler emerged from bankruptcy in June 2009, the industry has added more than 115,000 jobs – the industry’s strongest period of job growth in more than a decade.
Lazard served as Treasury's exclusive financial advisor on today’s transaction.
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Thanks for the article. :)
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http://www.treasury.gov/press-center/press-releases/Pages/tg1189.aspx
Chrysler Repays Outstanding TARP Loans
5/24/2011
Early Repayment Comes Six Years before Loans Mature in 2017
115,000 Jobs Added in Auto Industry since June 2009 – Strongest Growth in a Decade
WASHINGTON – Today, the U.S. Department of the Treasury announced that Chrysler Group LLC has repaid its outstanding Troubled Asset Relief Program (TARP) loans. Chrysler’s repayment comes six years before the scheduled maturity of those loans in 2017.
As part of today’s announcement, Chrysler Group LLC repaid $5.1 billion in TARP loans and terminated its ability to draw a remaining $2.1 billion TARP loan commitment. In total, Treasury has received $1.5 billion in interest and fees from Chrysler Group LLC, including $865 million associated with today’s transaction.
“Chrysler’s early repayment of its outstanding TARP loans is an important step in the turnaround of this company and the resurgence of the auto industry," said Treasury Secretary Tim Geithner. “Because President Obama made the tough decision to stand behind and restructure the auto industry, America’s automakers are growing stronger, making new investments, and creating new jobs today throughout our nation’s industrial heartland.”
Treasury committed a total of $12.5 billion to Chrysler under TARP’s Automotive Industry Financing Program (AIFP). With today’s transaction, Chrysler has returned more than $10.6 billion of that amount to taxpayers through principal repayments, interest, and cancelled commitments. Treasury continues to hold a 6.6 percent common equity stake in Chrysler. As previously stated, however, Treasury is unlikely to fully recover its remaining outstanding investment of $1.9 billion in Chrysler.
When President Obama took office, the American auto industry was on the brink of collapse. The President made the difficult decision to provide support to General Motors (GM) and Chrysler on the condition that all stakeholders make the sacrifices necessary to fundamentally restructure those companies and put them on a path to viability. By conservative estimates, providing this support and preventing the abrupt liquidation of GM and Chrysler saved more than 1 million American jobs. Moreover, the expected costs of TARP’s support for the industry have come down dramatically over the last two years as the auto industry has continued to recover and strengthen.
Today, as a result of the President’s tough decisions and the hard work of the companies’ new management teams, their dedicated employees, and the communities that support them, the American auto industry is growing stronger and creating new jobs. For the first time since 2004, all three American automakers have an operating profit. Since GM and Chrysler emerged from bankruptcy in June 2009, the industry has added more than 115,000 jobs – the industry’s strongest period of job growth in more than a decade.
Lazard served as Treasury's exclusive financial advisor on today’s transaction.
'
Fail
Even Washington Post is calling out obama on his lies.
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http://www.treasury.gov/press-center/press-releases/Pages/tg1189.aspx
Chrysler Repays Outstanding TARP Loans
5/24/2011
Early Repayment Comes Six Years before Loans Mature in 2017
115,000 Jobs Added in Auto Industry since June 2009 – Strongest Growth in a Decade
WASHINGTON – Today, the U.S. Department of the Treasury announced that Chrysler Group LLC has repaid its outstanding Troubled Asset Relief Program (TARP) loans. Chrysler’s repayment comes six years before the scheduled maturity of those loans in 2017.
As part of today’s announcement, Chrysler Group LLC repaid $5.1 billion in TARP loans and terminated its ability to draw a remaining $2.1 billion TARP loan commitment. In total, Treasury has received $1.5 billion in interest and fees from Chrysler Group LLC, including $865 million associated with today’s transaction.
“Chrysler’s early repayment of its outstanding TARP loans is an important step in the turnaround of this company and the resurgence of the auto industry," said Treasury Secretary Tim Geithner. “Because President Obama made the tough decision to stand behind and restructure the auto industry, America’s automakers are growing stronger, making new investments, and creating new jobs today throughout our nation’s industrial heartland.”
Treasury committed a total of $12.5 billion to Chrysler under TARP’s Automotive Industry Financing Program (AIFP). With today’s transaction, Chrysler has returned more than $10.6 billion of that amount to taxpayers through principal repayments, interest, and cancelled commitments. Treasury continues to hold a 6.6 percent common equity stake in Chrysler. As previously stated, however, Treasury is unlikely to fully recover its remaining outstanding investment of $1.9 billion in Chrysler.
When President Obama took office, the American auto industry was on the brink of collapse. The President made the difficult decision to provide support to General Motors (GM) and Chrysler on the condition that all stakeholders make the sacrifices necessary to fundamentally restructure those companies and put them on a path to viability. By conservative estimates, providing this support and preventing the abrupt liquidation of GM and Chrysler saved more than 1 million American jobs. Moreover, the expected costs of TARP’s support for the industry have come down dramatically over the last two years as the auto industry has continued to recover and strengthen.
Today, as a result of the President’s tough decisions and the hard work of the companies’ new management teams, their dedicated employees, and the communities that support them, the American auto industry is growing stronger and creating new jobs. For the first time since 2004, all three American automakers have an operating profit. Since GM and Chrysler emerged from bankruptcy in June 2009, the industry has added more than 115,000 jobs – the industry’s strongest period of job growth in more than a decade.
Lazard served as Treasury's exclusive financial advisor on today’s transaction.
QUE..... ::) ::) But look at the unemployment rate
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Washington Post already destroyed the messiah on this. FAIL.
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More FAIL:
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Thatcher Foundation Responds to the Guardian “Thatcher Snubbed Palin” Report
Gateway Pundit ^ | 6/11/2011 | Jim Hoft
The far left Palin-hating cranks at The Guardian reported this week that aides to Margaret Thatcher told them, “Lady Thatcher will not be seeing Sarah Palin… That would be belittling for Margaret – Sarah Palin is nuts.”
We all knew this did not sound like something Lady Thatcher would say. It looks like we were right.
Reader DaMav (name withheld by request) sent this email to The Thatcher Foundation today.
Just sent to info@margaretthatcher.org
Margaret Thatcher being used to smear Sarah Palin?
As a strong conservative American with family origins in Britain this simply does not seem right. In a week that Obama sides with Argentina and calls the Falklands the “Malvinas”, comments attributed to Lady Thatcher’s staff are being used to discredit a leader of American conservatism.
Further, the remarks are an insult to me and to other Sarah Palin backers. I am a 60 year old with advanced degrees in medicine and business who has started businesses and been the CEO of two of them. Is Lady Thatcher’s position that I am unable to judge the sanity of those I support?
I urge Lady Thatcher, who is a real hero to many Americans, to re-evaluate this alleged derogation of Sarah Palin, and if possible to meet with her directly to strengthen the cross Atlantic ties of freedom loving Brits and Americans.
Respectfully yours, (DaMav)
Here is the reply:
From: Margaret Thatcher Foundation To: ———— Sent: Friday, June 10, 2011 4:51 PM Subject: Mrs Palin
Dear Mr ——-,
Thank you for your message.
I have no inside knowledge of this business to offer I am afraid and certainly am not in a position to make any kind of statement on Lady Thatcher’s behalf. I’m happy though to give you my personal view.
The Guardian, of course, is not a newspaper at all sympathetic to Lady Thatcher (or to Mrs. Palin), so reports on this topic, from that source, have minimal credibility. If nothing else, would Lady Thatcher have ever described a prominent US conservative politician as ‘nuts’, or approved an ‘ally’ who used the description? I would hope that question answers itself.
Of course, sadly, Lady Thatcher’s health is not good these days and such considerations naturally dominate her schedule. That much is true. Someone once said that if you plaster together the true and the false you thereby manufacture the plausible, but in this case I don’t think even that much has been achieved by the Guardian.
On the ‘Malvinas’, the OAS never learns and the State Department endlessly seeks to curry favour with it for the sake of the a quiet life. The question is a closed one as far as we in Britain are concerned, as it is in the Falklands themselves where opinion is undivided.
Best wishes, Christopher Collins Margaret Thatcher Foundation
We were right. The Guardian‘s article was likely just another lame Palin smear by the left. What a horrible rag.
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Former Thatcher Aide Nile Gardiner: Margaret Thatcher Did Not Snub Sarah Palin
The London Telegraph ^ | 6/13/11 | Nile Gardiner
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I have spoken to Lady Thatcher’s Private Office regarding the story, and they confirm that the attack on Sarah Palin definitely did not come from her office, and in no way reflects her views. As a former aide to Margaret Thatcher myself, I can attest that this kind of thinking is entirely alien to her, and that such remarks would never be made by her office. She has always warmly welcomed like-minded figures in the United States, and has in the past met with numerous US presidential candidates and political dignitaries when they have visited London. But at the age of 85 she is now able to receive very few visitors at all. There was never any snub of Sarah Palin by Lady Thatcher’s office. However, there has been a great deal of mischief-making and unpleasantness in a vain and futile attempt to use Margaret Thatcher’s name to smear a major US politician.
(Excerpt) Read more at blogs.telegraph.co.uk ...
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where did blackass go?
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Former Thatcher Aide Nile Gardiner: Margaret Thatcher Did Not Snub Sarah Palin
The London Telegraph ^ | 6/13/11 | Nile Gardiner
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I have spoken to Lady Thatcher’s Private Office regarding the story, and they confirm that the attack on Sarah Palin definitely did not come from her office, and in no way reflects her views. As a former aide to Margaret Thatcher myself, I can attest that this kind of thinking is entirely alien to her, and that such remarks would never be made by her office. She has always warmly welcomed like-minded figures in the United States, and has in the past met with numerous US presidential candidates and political dignitaries when they have visited London. But at the age of 85 she is now able to receive very few visitors at all. There was never any snub of Sarah Palin by Lady Thatcher’s office. However, there has been a great deal of mischief-making and unpleasantness in a vain and futile attempt to use Margaret Thatcher’s name to smear a major US politician.
(Excerpt) Read more at blogs.telegraph.co.uk ...
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where did blackass go?
third party hearsay ;D i was on vacation 8)