Just_A_Guy Posted June 5, 2009 Report Posted June 5, 2009 Senator Lamar Alexander introduced the "Auto Stock for Every Taxpayer Act" today, which would "require the Treasury to distribute to individual taxpayers all its stock in General Motors (GM) and Chrysler within one year following the emergence of the companies from bankruptcy proceedings.”Redistributionist, yes. But we've got the crowd; got the food; got the band--we may as well have the party.I'm thinking this'll die in committee. Quickly. Quote
Traveler Posted June 8, 2009 Report Posted June 8, 2009 Redistributionist, yes. But we've got the crowd; got the food; got the band--we may as well have the party.I'm thinking this'll die in committee. Quickly. Do I understand this correctly - If someone does not pay taxes they do not get a share? Will things be according to how much taxes - I do believe since Democrats do not pay their fair share in taxes that they will not get their fair share of stocks?The Traveler Quote
a-train Posted June 8, 2009 Report Posted June 8, 2009 (edited) So I guess we are adopting a policy of "hey there is a kegger on our street, we might as well get some free beer out of it!" Talk about dillution! The price would tumble considerably as thousands of new stock holder seek to cash out. -a-train Edited June 9, 2009 by a-train Quote
bytor2112 Posted June 9, 2009 Report Posted June 9, 2009 Maybe Obama should have just purchased every American a new car from GM......that would have boosted GM's sales and then the citizens would have at least received something in return. Quote
FunkyTown Posted June 9, 2009 Report Posted June 9, 2009 Yeesh. Who wants a General Motors car? Quote
Guest Posted June 9, 2009 Report Posted June 9, 2009 Yeesh. Who wants a General Motors car? !!!I got a Cadillac CTS and that car is SWEETNESS!I would've loved to get the 2009 model. Or even just a 2008. And especially the V series! It has the pop-up nav screen, 2G harddrive, ipod port... ahhhh! I WANT IT BAD! Quote
Just_A_Guy Posted June 9, 2009 Author Report Posted June 9, 2009 Maybe Obama should have just purchased every American a new car from GM......that would have boosted GM's sales and then the citizens would have at least received something in return.It's been done. Does "Everybody gets a car! Everybody gets a car!" ring a bell? Quote
Seanette Posted June 9, 2009 Report Posted June 9, 2009 Yeesh. Who wants a General Motors car? My husband would agree with you (adamant Ford man). I'm neutral. Quote
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