The Canadian Landowner Alliance advocates for provincial legislation that recognizes property rights, and, that the Federal Government of Canada enshrines property rights in the Charter of Rights and freedoms.
Selling shares at a 600 million loss to coverup an operating deficit,,,,,hey its all good! Never should have taken an equity position in the godamn auto industry in the first place. The unions gave up nothing and the taxpayer gets hosed again.
Ya, and the press knows so much about the trade too. Back in the 1980s, the US gov bought up surplus corn from farmers and paid them to store it. You see, taking this surplus grain off the market would allow prices to rise. Guess what happened to the price of corn every time the US gov tried to liquidate its holdings? Guess what happens to GM stock price when our govs try to sell their holdings? F@#$ing morons. Consider the taxpayer losses to be much larger than projected.
Selling shares at a 600 million loss to coverup an operating deficit,,,,,hey its all good! Never should have taken an equity position in the godamn auto industry in the first place. The unions gave up nothing and the taxpayer gets hosed again.
ReplyDelete"...Pulling in $3.4 billion would also leave the government "only" $600 million short of breaking even on the original investment."
ReplyDeleteYou know how screwed we truly are when our wonderful watchdog press uses the term "only" to describe a $600 million shortfall.
Ya, and the press knows so much about the trade too. Back in the 1980s, the US gov bought up surplus corn from farmers and paid them to store it. You see, taking this surplus grain off the market would allow prices to rise. Guess what happened to the price of corn every time the US gov tried to liquidate its holdings? Guess what happens to GM stock price when our govs try to sell their holdings? F@#$ing morons. Consider the taxpayer losses to be much larger than projected.
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