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	<title>Comments on: Obama Inc. Sells GM Stock for $10 Billion Loss</title>
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	<item>
		<title>By: miserableoldfart</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5239434</link>
		<dc:creator><![CDATA[miserableoldfart]]></dc:creator>
		<pubDate>Tue, 02 Jul 2013 14:37:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5239434</guid>
		<description><![CDATA[Yeah, much better to just &quot;lose&quot; $10 Billion in cash in Iraq..  The government bailout of GM has been a spectacular success, but of course, people who believe the corporatist economic narrative won&#039;t accept FACT.]]></description>
		<content:encoded><![CDATA[<p>Yeah, much better to just &#8220;lose&#8221; $10 Billion in cash in Iraq..  The government bailout of GM has been a spectacular success, but of course, people who believe the corporatist economic narrative won&#8217;t accept FACT.</p>
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		<title>By: Michael Shreve</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231835</link>
		<dc:creator><![CDATA[Michael Shreve]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 20:24:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231835</guid>
		<description><![CDATA[Bottom line, governments are, by definition, inept.  YET, MANY BELIEVE government can solve ALL our problems.]]></description>
		<content:encoded><![CDATA[<p>Bottom line, governments are, by definition, inept.  YET, MANY BELIEVE government can solve ALL our problems.</p>
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		<title>By: CowboyLogic</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231763</link>
		<dc:creator><![CDATA[CowboyLogic]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 13:25:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231763</guid>
		<description><![CDATA[Government simply does not understand business. Any business. Not even a cat house. Truth, is stranger than fiction...............

http://archives.starbulletin.com/content/20081204_Feds_couldnt_even_manage_a_bawdyhouse]]></description>
		<content:encoded><![CDATA[<p>Government simply does not understand business. Any business. Not even a cat house. Truth, is stranger than fiction&#8230;&#8230;&#8230;&#8230;&#8230;</p>
<p><a href="http://archives.starbulletin.com/content/20081204_Feds_couldnt_even_manage_a_bawdyhouse" rel="nofollow">http://archives.starbulletin.com/content/20081204_Feds_couldnt_even_manage_a_bawdyhouse</a></p>
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		<title>By: objectivefactsmatter</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231707</link>
		<dc:creator><![CDATA[objectivefactsmatter]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 06:17:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231707</guid>
		<description><![CDATA[OK. I think some options should have remained regardless of when they paid back the loan. &quot;We&quot; (the decision makers) weren&#039;t demanding enough.


OTOH, It&#039;s easy to criticize the deal looking back, which leads to the real point that the federal government is not in a good position to make these kind of deals pay off for the taxpayers, but the decision makers are in a position to enrich their cronies. That&#039;s what seems to happen most often.]]></description>
		<content:encoded><![CDATA[<p>OK. I think some options should have remained regardless of when they paid back the loan. &#8220;We&#8221; (the decision makers) weren&#8217;t demanding enough.</p>
<p>OTOH, It&#8217;s easy to criticize the deal looking back, which leads to the real point that the federal government is not in a good position to make these kind of deals pay off for the taxpayers, but the decision makers are in a position to enrich their cronies. That&#8217;s what seems to happen most often.</p>
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		<title>By: MLCBLOG</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231692</link>
		<dc:creator><![CDATA[MLCBLOG]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 05:16:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231692</guid>
		<description><![CDATA[Exactly!! They can&#039;t lose our hard-earned money fast enough!! Hard won by our forebears and earned by us.  



They must be quite giddy with what they are getting away with!!  Remember, I know them well.  I used to be one.]]></description>
		<content:encoded><![CDATA[<p>Exactly!! They can&#8217;t lose our hard-earned money fast enough!! Hard won by our forebears and earned by us.  </p>
<p>They must be quite giddy with what they are getting away with!!  Remember, I know them well.  I used to be one.</p>
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		<title>By: WeaponZero</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231672</link>
		<dc:creator><![CDATA[WeaponZero]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 02:49:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231672</guid>
		<description><![CDATA[Yes I do, the government had conditioned options in Tesla. The loan was for 10 years, if Tesla paid the loan back in 5 years or less they just pay interest. If Tesla takes longer then 5 years, the government would get options.]]></description>
		<content:encoded><![CDATA[<p>Yes I do, the government had conditioned options in Tesla. The loan was for 10 years, if Tesla paid the loan back in 5 years or less they just pay interest. If Tesla takes longer then 5 years, the government would get options.</p>
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	<item>
		<title>By: objectivefactsmatter</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231663</link>
		<dc:creator><![CDATA[objectivefactsmatter]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 02:09:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231663</guid>
		<description><![CDATA[&quot;Wow! if this doesn&#039;t say it all. O and his gang of Alynskiites must be happy, happy about this. What a coup. Sold one of the greatest American companies right out from under us. Started with the commie labor unions and their thugs who were sent to do the dirty work. Disgusting!!&quot;



Social capitalism = stealth wealth redistribution. They wouldn&#039;t mind making even more money, but they have no problem losing taxpayer money in order to enrich their cronies who theoretically deserve it for looking after the poor...in theory...by supporting the Democratic Party.]]></description>
		<content:encoded><![CDATA[<p>&#8220;Wow! if this doesn&#8217;t say it all. O and his gang of Alynskiites must be happy, happy about this. What a coup. Sold one of the greatest American companies right out from under us. Started with the commie labor unions and their thugs who were sent to do the dirty work. Disgusting!!&#8221;</p>
<p>Social capitalism = stealth wealth redistribution. They wouldn&#8217;t mind making even more money, but they have no problem losing taxpayer money in order to enrich their cronies who theoretically deserve it for looking after the poor&#8230;in theory&#8230;by supporting the Democratic Party.</p>
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	<item>
		<title>By: objectivefactsmatter</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231662</link>
		<dc:creator><![CDATA[objectivefactsmatter]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 02:05:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231662</guid>
		<description><![CDATA[&quot;...I know GM is a sucky investment but it is now time to pay the piper.&quot;





Scary stuff. That&#039;s the reality of &quot;socialism&quot; in action.]]></description>
		<content:encoded><![CDATA[<p>&#8220;&#8230;I know GM is a sucky investment but it is now time to pay the piper.&#8221;</p>
<p>Scary stuff. That&#8217;s the reality of &#8220;socialism&#8221; in action.</p>
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		<title>By: objectivefactsmatter</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231661</link>
		<dc:creator><![CDATA[objectivefactsmatter]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 02:02:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231661</guid>
		<description><![CDATA[&quot;Isn&#039;t this article contradicting itself?&quot;



Do you know the difference between holding stocks and holding options?]]></description>
		<content:encoded><![CDATA[<p>&#8220;Isn&#8217;t this article contradicting itself?&#8221;</p>
<p>Do you know the difference between holding stocks and holding options?</p>
]]></content:encoded>
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		<title>By: DogmaelJones1</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231651</link>
		<dc:creator><![CDATA[DogmaelJones1]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 01:03:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231651</guid>
		<description><![CDATA[GM&#039;s old ad tag line was, &quot;GM! A mark of excellence!&quot;  These days it&#039;s more like, &quot;GM! A mark of execration!&quot;]]></description>
		<content:encoded><![CDATA[<p>GM&#8217;s old ad tag line was, &#8220;GM! A mark of excellence!&#8221;  These days it&#8217;s more like, &#8220;GM! A mark of execration!&#8221;</p>
]]></content:encoded>
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		<title>By: MLCBLOG</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231637</link>
		<dc:creator><![CDATA[MLCBLOG]]></dc:creator>
		<pubDate>Sat, 08 Jun 2013 00:25:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231637</guid>
		<description><![CDATA[Wow! if this doesn&#039;t say it all.  O and his gang of Alynskiites must be happy, happy about this.  What a coup.  Sold one of the greatest American companies right out from under us.  Started with the commie labor unions and their thugs who were sent to do the dirty work.  Disgusting!!]]></description>
		<content:encoded><![CDATA[<p>Wow! if this doesn&#8217;t say it all.  O and his gang of Alynskiites must be happy, happy about this.  What a coup.  Sold one of the greatest American companies right out from under us.  Started with the commie labor unions and their thugs who were sent to do the dirty work.  Disgusting!!</p>
]]></content:encoded>
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		<title>By: Gee</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231620</link>
		<dc:creator><![CDATA[Gee]]></dc:creator>
		<pubDate>Fri, 07 Jun 2013 23:51:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231620</guid>
		<description><![CDATA[Actually the quote was that the government could lose money running a bordello and they did. The IRS took over the Mustang Ranch in Nevada and within a year it had to declare bankruptcy.]]></description>
		<content:encoded><![CDATA[<p>Actually the quote was that the government could lose money running a bordello and they did. The IRS took over the Mustang Ranch in Nevada and within a year it had to declare bankruptcy.</p>
]]></content:encoded>
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		<title>By: Spikey1</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231579</link>
		<dc:creator><![CDATA[Spikey1]]></dc:creator>
		<pubDate>Fri, 07 Jun 2013 21:07:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231579</guid>
		<description><![CDATA[It would appear that the sale had to of lasted a few days with a huge volume on June 6th. I still contend that there is a fix somewhere in the market.]]></description>
		<content:encoded><![CDATA[<p>It would appear that the sale had to of lasted a few days with a huge volume on June 6th. I still contend that there is a fix somewhere in the market.</p>
]]></content:encoded>
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	<item>
		<title>By: Spikey1</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231578</link>
		<dc:creator><![CDATA[Spikey1]]></dc:creator>
		<pubDate>Fri, 07 Jun 2013 20:54:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231578</guid>
		<description><![CDATA[GM stock today
Volume: 30m, 15m above average
Price: Open 34.79, Close 35.03

If the 15m above average volume is the result of the government and union selling it would be impossible for the price of the stock to close at a price above the open (or yesterdays close 34.44) for someones (or groups) would have to be buying to support the price. I have a funny feeling, and on the short time I&#039;ve looked at this (so far), there is probably some market manipulation going on. Probably a pay out to union (selling) and government (selling) from the pension funds (buying) I&#039;d suspect. Someone (groups) gobbled up all the shares.

I&#039;ll look into this a bit more and see if I can decipher what happened when I get a chance, this reeks really bad...]]></description>
		<content:encoded><![CDATA[<p>GM stock today<br />
Volume: 30m, 15m above average<br />
Price: Open 34.79, Close 35.03</p>
<p>If the 15m above average volume is the result of the government and union selling it would be impossible for the price of the stock to close at a price above the open (or yesterdays close 34.44) for someones (or groups) would have to be buying to support the price. I have a funny feeling, and on the short time I&#8217;ve looked at this (so far), there is probably some market manipulation going on. Probably a pay out to union (selling) and government (selling) from the pension funds (buying) I&#8217;d suspect. Someone (groups) gobbled up all the shares.</p>
<p>I&#8217;ll look into this a bit more and see if I can decipher what happened when I get a chance, this reeks really bad&#8230;</p>
]]></content:encoded>
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		<title>By: WeaponZero</title>
		<link>http://www.frontpagemag.com/2013/dgreenfield/obama-inc-sells-gm-stock-for-10-billion-loss/comment-page-1/#comment-5231548</link>
		<dc:creator><![CDATA[WeaponZero]]></dc:creator>
		<pubDate>Fri, 07 Jun 2013 17:59:00 +0000</pubDate>
		<guid isPermaLink="false">http://frontpagemag.com/?p=192501#comment-5231548</guid>
		<description><![CDATA[Isn&#039;t this article contradicting itself? That is the thing with taking stock over taking loans, with a loan you get money guaranteed unless the business fails. If it fails you have potential to liquidate and recoup some loses. But if the government takes stocks, they are putting taxpayers at exponential risks. Just like with GM above. Since the government is incapable of acting like a venture capital firm (forcing companies to fire people and outsource productions to china to make stock value go up). Stock to the government is far riskier then a VC firm due to those limitations.]]></description>
		<content:encoded><![CDATA[<p>Isn&#8217;t this article contradicting itself? That is the thing with taking stock over taking loans, with a loan you get money guaranteed unless the business fails. If it fails you have potential to liquidate and recoup some loses. But if the government takes stocks, they are putting taxpayers at exponential risks. Just like with GM above. Since the government is incapable of acting like a venture capital firm (forcing companies to fire people and outsource productions to china to make stock value go up). Stock to the government is far riskier then a VC firm due to those limitations.</p>
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