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GM Resumes Political Giving
Wall Street Journal ^ | 9/23/2010 | Josh Mitchell

Posted on 09/23/2010 7:40:57 AM PDT by Obadiah

General Motors Co. has begun to once again contribute to political campaigns, lifting a self-imposed ban on political spending put in place during the auto maker's U.S.-financed bankruptcy restructuring last year.

The Detroit company gave $90,500 to candidates running in the current election cycle, Federal Election Commission records show.

GM Resumes Campaign Contributions The beneficiaries include Midwestern lawmakers, mostly Democrats, who have traditionally supported the industry's legislative agenda on Capitol Hill, including Sen. Debbie Stabenow (D., Mich.), Sen. Sherrod Brown (D., Ohio) and Rep. John Dingell (D., Mich.).

The list also includes Virginia Rep. Eric Cantor, the House Republican Whip, who would likely assume a top leadership post if Republicans win control of the House in November.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Crime/Corruption; Government
KEYWORDS: bribes; democrats; generalmotors; payoffs
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Government Motors uses taxpayer bailout money to hand out to politicians. Why doesn't Geithner just start handing cash directly to the DNC!

Cantor had better return the donation!

1 posted on 09/23/2010 7:40:58 AM PDT by Obadiah
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To: Obadiah

Do not buy GM.

Cantor is an ass.


2 posted on 09/23/2010 7:41:55 AM PDT by dforest
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To: Obadiah

Since GM is now owned by the people of the US, isn’t this kind of an illegal activity and unconstitutional.


3 posted on 09/23/2010 7:42:40 AM PDT by Ev Reeman
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To: Obadiah

Dingell? You have to put a mirror in front of his face to make sure he is still breathing.


4 posted on 09/23/2010 7:42:56 AM PDT by Old Retired Army Guy (tHE)
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To: indylindy

There are so many things wrong with this it’s hard to know where to start.


5 posted on 09/23/2010 7:42:56 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Obadiah
GM Resumes Campaign Contributions The beneficiaries include Midwestern lawmakers, mostly Democrats...

WHAT? You mean a Government carmaker, Communist in it's makeup, takes a bailout then returns that money to Democrats and Socialists?

Color me shocked.

6 posted on 09/23/2010 7:45:37 AM PDT by Lazamataz (The battle lines are drawn: On one side, are Dems and Repubs. On the other, the Tea Party (us).)
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To: Old Retired Army Guy

That would work for humans, his image wouldn’t appear.


7 posted on 09/23/2010 7:45:40 AM PDT by yesca (..belief is the enemy)
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To: Ev Reeman

Yet another reason why they should have never been given a bailout...It compromises their freedom to speak politically.

Now we are heaving this total waste of money and they are throwing it back to their masters / benefactors....

Tell me there wasn’t a call of some kind to remind them which side is the buttered side. Tell me there wasn’t some kind of quid pro quo back in the original bailout closed door discussions....

I can’t and don’t believe it.


8 posted on 09/23/2010 7:46:08 AM PDT by WAW (Which enumerated power?)
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To: Obadiah
Cantor should contribute any funds received from GM to a Michigan Republican’s campaign.
9 posted on 09/23/2010 7:46:42 AM PDT by Mobties (Let the markets work! Reduce the government footprint!)
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To: WAW

Chrysler Workers Busted Drinking and Smoking Weed on The Job (Video of UAW hard at Work)

http://www.freerepublic.com/focus/f-news/2594829/posts


10 posted on 09/23/2010 7:47:20 AM PDT by Scythian
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To: Ev Reeman

Since GM is now owned by the people of the US, isn’t this kind of an illegal activity and unconstitutional.


Be quiet, citizen. The IRS will audit you if you question the State./s


11 posted on 09/23/2010 7:47:37 AM PDT by unkus
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To: Obadiah

Well, this settles the question as to whether bailout funds are being used for political campaigns.


12 posted on 09/23/2010 7:47:49 AM PDT by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: Eric in the Ozarks

Is it against the law for a Government owned entity to contribute to political campaigns?.................Fannie, Freddie, GM, Chrysler come to mind...........


13 posted on 09/23/2010 7:47:59 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Obadiah

GM is a concubine of the Government.


14 posted on 09/23/2010 7:48:43 AM PDT by AU72
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To: Obadiah
The bailouts were a democrat graft scheme where the bailed out companies launder the public money back into their own campaigns as political donations.

The federal government is donating money to itself via GM. What a shell game!

What's happening now can be explained like this: people go to the bank to make a deposit. When they look through the front door, they see a bank robber stealing the deposits of customers such as AIG, GM and SEIU. The bank robber is screaming that he will start emptying the vault after he's finished stealing all the depositors' money.

Would you walk through the front door? No, you would wait for the robber to leave -- and be sure he won't return before you venture inside.

That robber is Obama.

There can be no doubt that what Obama seeks is to overthrow the Constitutional Republic that we have enjoyed for the past 230+ years.

Look at what we have become in 18 months.

He must be thrilled. Time for some hoops. Time to take a swim. Time for some ice cream. Up yours America.

Liar = Obama.

Cheater = Feds.

Thief = Congress.

Con artist = Piss-Stream Media.

If we do not get this man out of office through impeachment as soon as possible, we might not have a nation by the time 2012 comes around.

WAKE UP AMERICA

President Obama salutes
President Obama salutes
15 posted on 09/23/2010 7:48:48 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Red Badger

Fannie & Freddy do it all the time. In the millions $$.


16 posted on 09/23/2010 7:49:30 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Obadiah

unions, management and government destroyed gm.

i’ll never buy another american, union-made auto again.


17 posted on 09/23/2010 7:50:48 AM PDT by ken21 (who runs the gop?)
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To: Obadiah

should be illegal


18 posted on 09/23/2010 7:51:47 AM PDT by PMAS
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To: Eric in the Ozarks

Well it SHOULD be against the law. Especially if the entity was BAILED OUT with taxpayer funds.................


19 posted on 09/23/2010 7:51:49 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: AU72

Courtesan is more like it...............


20 posted on 09/23/2010 7:52:41 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Obadiah
Obama took GM ownership away from the bondholders (who paid for it) and handed it to the UAW (who did not pay for it).

Now the UAW is paying Obama back.

This is as un-American as it get. Hugo Chavez has nothing on this looter government.

21 posted on 09/23/2010 7:53:46 AM PDT by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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To: Obadiah
Headline in need of a fix.

GM Resumes Political Giving KICKBACKS

Fixed it.

22 posted on 09/23/2010 7:56:36 AM PDT by Responsibility2nd (Yes, as a matter of fact, what you do in your bedroom IS my business.)
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To: Obadiah

GM delende est!


23 posted on 09/23/2010 7:58:43 AM PDT by Paine in the Neck (Napolean fries the idea powder.)
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To: Obadiah

Union control!


24 posted on 09/23/2010 8:00:05 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified Decartes))
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To: Red Badger
Courtesan is more like it...............

I think "Whore" is more accurate.

25 posted on 09/23/2010 8:00:09 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: Obadiah

I want my money back. I want my country back.


26 posted on 09/23/2010 8:02:02 AM PDT by anniegetyourgun
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To: Lazamataz

Cantor is a socialist?

Color me Shocked.


27 posted on 09/23/2010 8:02:35 AM PDT by napscoordinator
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To: VRWCmember

A courtesan is a whore who serves only aristocracy.................


28 posted on 09/23/2010 8:04:54 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Red Badger

It’s a clear conflict of interest for anyone who voted for the GM bailout to accept money from GM.

Each should be asked if they accepted GM money with a clear conscience...


29 posted on 09/23/2010 8:05:48 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Red Badger

And the GM union whore will service any trailer park trash who has the money and position to provide favors.


30 posted on 09/23/2010 8:07:00 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: Eric in the Ozarks
Each should be asked if they accepted GM money with a clear conscience...

Don't be silly.............of course they did...................

31 posted on 09/23/2010 8:07:28 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Obadiah

*Sigh*

One of the very best things about a possible Republican house majority will be having Darrell Issa as chairman of the oversight committee. The man is a $%^*$ bulldog. I guarantee you that this is one of the things the Democrats fear most about losing the majority.


32 posted on 09/23/2010 8:08:21 AM PDT by St. Louis Conservative
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To: Obadiah
GM Gives Taxpayer Money to Political Candidates

There, fixed the headline

33 posted on 09/23/2010 8:08:47 AM PDT by libertarian27 (Ingsoc: Department of Life, Department of Liberty, Department of Happiness)
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To: Gabrial
Obama took GM ownership away from the bondholders (who paid for it) and handed it to the UAW (who did not pay for it).

Unless I'm mistaken, the theft of bondholder assets transfered to the UAW occurred in the Chrysler bankruptcy bailout rather than the GM bailout.

34 posted on 09/23/2010 8:09:01 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: Eric in the Ozarks
There are so many things wrong with this it’s hard to know where to start.

Absolutely second your opinion!
35 posted on 09/23/2010 8:09:31 AM PDT by jcsjcm (This country was built on exceptionalism and individualism. In God we Trust - Laus Deo)
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To: VRWCmember

And the GM union whore will service any CAPITOL HILL TRASH who has the money and position to provide favors............


36 posted on 09/23/2010 8:09:36 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Eric in the Ozarks

They would have to actually have a conscience in order for that question to be relevant.


37 posted on 09/23/2010 8:09:45 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: Red Badger

Trailer park trash vs Capitol Hill trash.

In many cases that is a distinction without a difference


38 posted on 09/23/2010 8:11:24 AM PDT by VRWCmember (Jesus called us to be Salt and Light, not Vinegar and Water.)
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To: napscoordinator
Cantor is a communist.

Okay, not communist, what's that other word?

Socialist. Cantor is a Socialist.

Okay, not socialist, what's that other word?

American.

39 posted on 09/23/2010 8:11:39 AM PDT by Lazamataz (The battle lines are drawn: On one side, are Dems and Repubs. On the other, the Tea Party (us).)
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To: Obadiah

I wonder how much GM is contributing to the GOP or it’s members .


40 posted on 09/23/2010 8:18:41 AM PDT by lionheart 247365 (-:{ GLENN BECK is 0bama's TRANSPARENCY CZAR }:-)
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To: Obadiah
"Cantor had better return the donation! "

Damn straight!!! Any and all Republicans who get anything from GM better give it back!

41 posted on 09/23/2010 8:18:52 AM PDT by avacado
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To: VRWCmember

I lived in a trailer park for 20 years. There are some good people in trailer parks. In Florida, trailer park doesn’t have the connotation that other places have. Huge communities of retirees live in trailer parks...........


42 posted on 09/23/2010 8:20:19 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: HollyB

Hmmmmmmmmmm


43 posted on 09/23/2010 8:28:46 AM PDT by 444Flyer (We are the end of the line.)
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To: Obadiah

If Cantor has a brain he will return the GM (taxpayer) money.


44 posted on 09/23/2010 8:30:16 AM PDT by reaganaut1
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To: Lazamataz

True. I was just joshing with you....your first post was very accurate overall.


45 posted on 09/23/2010 8:32:51 AM PDT by napscoordinator
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To: Ev Reeman

Yes how ever Democrats never rule by the constitution.


46 posted on 09/23/2010 8:35:44 AM PDT by Vaduz
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To: ken21

Are there any non-union US made cars that aren’t $50k or more speciality cars?

I guess one could buy a VW. Better to have foreign unions ruin foreign countries than ours.


47 posted on 09/23/2010 8:35:44 AM PDT by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Obadiah

I don’t want to buy another GM car in my life.


48 posted on 09/23/2010 8:40:10 AM PDT by Buddygirl
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To: VRWCmember
“Unless I'm mistaken, the theft of bondholder assets transferred to the UAW occurred in the Chrysler bankruptcy bailout rather than the GM bailout.”

No, it was GM. The UAW had no ownership stake in GM prior to Obama’s nationalization of the company. Obama’s plan gave cents on the dollar to existing GM bondholders while handing a large ownership stake to the UAW.

Google “GM Bondholders Screwed” to read up on this.

49 posted on 09/23/2010 8:56:59 AM PDT by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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To: Obadiah

Republicans should make an inviolate rule to reject all donations from unions and government owned enterprises.


50 posted on 09/23/2010 9:00:13 AM PDT by pallis
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