@ron_fournier @jwqueck Were GM bond holders made whole, or were they a necessary casualty to help save thousands of jobs?
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@ron_fournier @jwqueck Love ya Ron but you're wrong on this one!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck what about Ford? No bailout.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier you missed some facts/history. No one bailed out depressions of 1869, 1893, 1920, etc. And yet US recovered w/o crony payouts.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck bailout was a transfer from taxpayers to corrupt banksters.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier it is economically irrational to assume a normal bankruptcy would have led to liquidation rather than reorganizationThanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck and the bond holders? Their investments went to union.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck unknowable. Romney's plan for DIP financing was credible.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck where do we draw the line on size of companies to bail outThanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck That is entirely your opinion, Ron. Can't prove a negative.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck how much money did Ford get? How are they doing? They seem to be a good control group for the bailout experiment.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck Ford would have never survived without getting a huge government bailout!Wait I'm just being told... Never mind...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck Which part was wrong...comeback without bailout our the payment transfer?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier @jwqueck They repaid Treasury what was obligated, but US buying stock to keep them afloat ended in a loss for taxpayers.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@ron_fournier is only correct if "coming back" must consist of the same corporations. @jwqueck position has much longer timescale. -
@mattcaldwell_fl@ron_fournier @jwqueck GM is still a giant health care insurance company that makes cars.
End of conversation
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