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To: TwelveOfTwenty
From your link "That’s a perception the company has fueled itself, by making statements about how not taking a "bailout" has been beneficial to its recent resurgence. We realize the two transactions are quite different, and this loan was not a bailout."

Isn't this just a mere case of semantics?

I believe they all have tried to pay back both the loans and TARP and bailouts.

Trying to hide the fact that they took tax-payer money, because it's labeled a loan really means nothing.

Now I will give Ford credit where I believe it is due: I don't believe they did the horrible things GM did by forgetting the secured debt and getting so deep in bed with the Unions, but, after everything is said and done, they took tax-payer money.

My taxes, your taxes, everyone's taxes should not be used for that purpose. Quit patting them on the back for doing this kind of garbage.
24 posted on 09/23/2012 10:14:31 AM PDT by SoConPubbie (Mitt and Obama: They're the same poison, just a different potency.)
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To: SoConPubbie
Isn't this just a mere case of semantics?

The only one playing semantics is you, trying to associate loans that Ford took out and payed back with interest, with GM and Chrysler taking government money, and using the power of the government to screw the bond holders to pay off the UAW. Even your own link admitted that it wasn't the same thing.

I believe they all have tried to pay back both the loans and TARP and bailouts.

Ford has paid the loans back with interest.

Trying to hide the fact that they took tax-payer money, because it's labeled a loan really means nothing.

Nobody said they didn't borrow tax payer money. Companies and individuals do it all the time.

Now I will give Ford credit where I believe it is due: I don't believe they did the horrible things GM did by forgetting the secured debt and getting so deep in bed with the Unions, but, after everything is said and done, they took tax-payer money.

You start off by saying "I will give Ford credit where I believe it is due", but you avoided doing just that. Ford didn't take your money, they borrowed it, and paid it back with interest.

My taxes, your taxes, everyone's taxes should not be used for that purpose.

Bailouts? I agree. Loans? What's wrong with loans, provided you can pay them back?

Quit patting them on the back for doing this kind of garbage.

What garbage, borrowing money and paying it back?

25 posted on 09/23/2012 12:05:46 PM PDT by TwelveOfTwenty (Ho, ho, hey, hey, I'm BUYcotting Chick-Fil-A)
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