Harley, McDonald's used emergency federal aid

$2,300,000,000 what good came of all that money?And now we get to pay the Chinese interest on it too,cool.

You're going to tell me that McDonald's needed to borrow money from us because they couldn't get it any other place? This is a company that generates in excess of $5 billion a year in cash. Our government is so f'ing screwed up. It's beyond repair. Now the latest headline says the US will bailout the European Union. With what? More funny money? Buy dried food and bottled water.

Bubba wrote:

You're going to tell me that McDonald's needed to borrow money from us because they couldn't get it any other place? This is a company that generates in excess of $5 billion a year in cash. Our government is so f'ing screwed up. It's beyond repair. Now the latest headline says the US will bailout the European Union. With what? More funny money? Buy dried food and bottled water.

You are right McDonald's brings in over $5 billion a year just in food sales. Plus another $2-$3 billion in franchise fees.

...you think the exhaust from a Harley is bad? Try following a fat guy out of McDonald's...

This isn't just a GOP or Dem game. This is corruption and influence.

Unbelieveable!

Hobo joe wrote:

$2,300,000,000 what good came of all that money?And now we get to pay the Chinese interest on it too,cool.

what good came of them?
the banking system didn't collapse
as to the cost...
read the article..
During the economic downturn, much of that funding vanished and companies turned to a federal government program for their cash.
Many of the individual loans they took were worth billions and had short durations but were paid back and renewed many times.
glad i could be of help, hobo...

Yeah, the world didn't end so it must have been what the government did.

Thank God the unions & government have saved all our jobs with the big bail out programs they have offered to all these various companies. I am much better off for it! In fact, I think a good cold glass of sweet "tea" would do just fine after hearing all this good news on how our gov. pulled out these companies during there time of need.

Bubba wrote:

Yeah, the world didn't end so it must have been what the government did.

so capitalists could have saved themselves..

but didn't?

lol

nothing says capitalists hate socialism..

like asking for and taking government money...

oops...

Yep...Harley borrows our (American) money to eliminate American jobs...how classic (and classless)...someone tell me why we should buy Harley's?

Bubba wrote:

Yeah, the world didn't end so it must have been what the government did.

The article was about the US government taking taxpayer dollars and lending it to select private businesses. Manufacturing is leaving this country because of high costs brought about by regulatory issues and unfair trade agreements made made by our government. Then, that same government turns around and distributes OUR money to select large companies to 'save jobs'. It's idiotic.

Harley Davidson received money, and then held WI and Milwaukee hostage by claiming it couldn't afford to stay there, getting even more tax breaks, while upper management got to keep their wages.

UTTER BS!!!!

Yes -- and remember TARP?

http://www.mlive.com/news/flint/index.ssf/200...

Todd wrote:

Harley Davidson received money, and then held WI and Milwaukee hostage by claiming it couldn't afford to stay there, getting even more tax breaks, while upper management got to keep their wages.
UTTER BS!!!!

. Is anyone else curious as to why a 2.3 billion dollar loan was kept a secret when GM acceptance of bail out money was picked by the media internationaly?

Casual labor is here to stay, two tier wages not just to get through these tough economic times, but as the future of the manufacturing industry. Thank you Mr. Wandell for setting the standard for Kohler, Mercury Marine, Briggs & Stratton, and I am sure many more in the future. A special thanks should be given to all the organized labor unions, including my own, for pulling down their pants and taking this corporate bullying. Unions today are not fighting for workers rights, they are just trying keep some form of revenue in these trying economic times, with cimplete disregard for the people they represent. Everyone seems to be turning a profit with the exception of the people who make it happen. Maybe someday the people on the floor will grow a pair and tell the union and the company to stick it!

It was not a secret-everyone knew back then!

My dear ??????????

So now it turns out the the "Motor" Company is really government motors. The hog back to the trough again.

santas helper wrote:

<quoted text>
so capitalists could have saved themselves..
but didn't?
lol
nothing says capitalists hate socialism..
like asking for and taking government money...
oops...

Obama owed the unions that is why he bailed out GM.