On Eve Of GM Bankrupcy, The Obamas Enjoy A Taxpayer Funded Night In NYC

It feels as if the regime is celebrating Barack's taxpayer-funded takeover of Government Motors with a taxpayer-funded night on the town and a Broadway play, doesn't it?

Obama keeps Broadway pledge

President Barack Obama and Michelle Obama landed in New York City late Saturday afternoon for a Manhattan date night that was to include a Broadway show.

A spokesman read a statement from Obama: "I am taking my wife to New York City because I promised her during the campaign that I would take her to a Broadway show after it was all finished.

[edit on 5/30/09 by Ferris.Bueller.II]

reply to post by Ferris.Bueller.II


LOL

He has a job dude.

He is allowed to spend his paycheck as well, just like you or I.

I didnt vote for the guy, but I mean he cant even sit on the toilet without someone crying foul.

Originally posted by GreenBicMan
reply to post by Ferris.Bueller.II

 

LOL

He has a job dude.

He is allowed to spend his paycheck as well, just like you or I.

I didnt vote for the guy, but I mean he cant even sit on the toilet without someone crying foul.

LOL

Problem is the money he's spending isn't coming from his paycheck, dude.

reply to post by Ferris.Bueller.II


How do you know?

Even if it isn't, im sure its budgeted for.

Like him or not, screw GM, they deserve what they got, end of story.

But I would focus my attention on the GM IPO coming later this year if you like the brand.. word is IPO due late 2009 to 2010

reply to post by GreenBicMan


Yup. Everything is budgeted for, so no worries.

reply to post by Ferris.Bueller.II


haha

presidents get a budget man, i dont know what else to say

presidents i think deserve some r n r once in a while since their job is very stressful.

however with the way obama has been handling things since hes been elected, one would think he has more pressing matters to attend to than a promise made to his wife.

Hes spent enough of our money, he doesn't deserve the budget.........yet...

The guy has taken over the biggest mess in history. I wouldn't be surprised if he is working 15-17hr days 7 days a week. Oh no, the pres want a night out with his wife. I hope he enjoyed his evening.

I don't agree with all of the Presidents policies; however, he like any other person is entitled to enjoy a night with his family, wife, or anyone he pleases for that matter...

The President of the United States is currently paid $400,000 per year and is furnished with a $50,000 expense account, he is allowed to spend the money as he wishes..

Prior to Jan. 20, 2001 the US presidential salary was $200,000, which was amended by the 106th Congress with the, "Treasury and General Government Appropriations Act."

I concur with a few other thread contributors.. GM got exactly what they deserved, as a matter a fact, I think they got a lot more than they should have.
Their vehicles are behind the times in body design, tout awful gas mileage, and like clock-work break down after 100,000 miles.

-CosmicClearance

Hmmm. With all the anti-GM talk here, do you like the fact they were given (not loaned, given) billions of taxpayer dollars, or do you feel they should've gone bankrupt before Obama gave them the initial $15.4 billion?

Originally posted by Ferris.Bueller.II
Hmmm. With all the anti-GM talk here, do you like the fact they were given (not loaned, given) billions of taxpayer dollars, or do you feel they should've gone bankrupt before Obama gave them the initial $15.4 billion?

I think with the amount of taxpayer money GM received, each and every legal US citizen should have been given a GM vehicle of their choice..

The GM bailout was questionably the biggest crock-of-crap I've ever witnessed in my lifetime. As if somehow within the period of two or three months they were going to fix fifteen years worth of bad business decisions and somehow come out with a winning plan..

reply to post by Ferris.Bueller.II


well now that we know everything ...

hindsight is always 20/20 of course..

Now I believe member "STANDER" stated that we knew we were just giving them the money till they could get situated until BK

I didnt know this, I thought we gave them the $ to try to get back into the game.

If it wasnt "STANDER" is stand corrected, but I think it was..

I dont think we will ever maybe know the full story, but yes I think GM deserves what it got totally..

Now, the bondholders are getting screwed, thats a whole nother' story

Star and flag for "Government Motors" that was really funny.

Yeah, sucks that GM gets a bailout AND gets to declare bankruptcy.

Something tells me that Barack wanted to see the Broadway show for himself. Funny, when I type Barack my spellcheck suggests "bareback"

But, free GM vehicles for the people would amount to socialism, wouldn't it?

Originally posted by GreenBicMan
reply to post by Ferris.Bueller.II

 

LOL

He has a job dude.

He is allowed to spend his paycheck as well, just like you or I.

I didnt vote for the guy, but I mean he cant even sit on the toilet without someone crying foul.

Where did anyone mention him "Sitting on a Toilet"? He is taking trips which exist outside of the norm, nearly every single week. He spends barely anytime within the White House, which IS his job, and therefore it should be rightly expected that he receives such criticism.

Also, what of the security issues he is consistently playing around with in regards to his Secret Service detail? He takes such outings simply to benefit his own self image, with little regard for the already difficult task his status presents to those charged with protecting him.

reply to post by TheAgentNineteen


He makes about half million dollars a year, plus other investments, which Im sure he has..

Yes, he would be classified as wealthy..

Im not understanding what you are saying

Originally posted by vcwxvwligen


But, free GM vehicles for the people would amount to socialism, wouldn't it?

What, I meant by that was, since we as tax payers gave the money GM received from our pockets, we should get something, they have plenty of vehicles left in stock, that in a sense, we all have paid for.

25 Billion+ is enough money to buy a lot of 300M's, Concordes, and Sebrings, and since GM took all that money, spent it, then went bankrupt anyhow. It would only be fair if those of us that have to pay for it received something in return.

reply to post by CosmicClearance


Cosmic -

I believe this only comes out to roughly $8 per person in america, correct?

That is a great deal

Im sorry i think its $83 per person in america

[edit on 31-5-2009 by GreenBicMan]

Concerning this GM bankruptcy.. Weren't these guys the ones who the govt just loaned $25B? And they pissed thru it at a record pace, boggles my mind. Does this mean GM does NOT have to pay that money back? Man, what a joke. The cars are still inflated in value, but seems like these guys would still be on the hook to some degree to make good on a loan of that size.

reply to post by mapsurfer_


I think something is getting paid back, but I think the general consensus is that the USA will eat some of this, yes, but I dont think anyone knows for sure how much yet

reply to post by GreenBicMan


I understand that I'm exaggerating slightly the tax burden placed on us US citizens; however, it's infuriating to think that these corrupt industrial executive idiots were handed 25+ billion dollars to breathe a few last breaths into their utterly horrible company that was doomed to fail for quite some time now, and there were no repercussions.

I mean that's some kind of deal they got (GM).. Here take 25 billion, and if you somehow bring your company back from the grave that's great.. If not, well, you're completely off the hook, don't worry about it..

You're talking to someone that many years ago started a company with a few friends with about 500 borrowed dollars and over time grew the business to a point where it brought in over 600k one year. So I would have rather had that 83 dollars in my pocket to be honest.