A person with even the smallest amount of logic would say to themselves - who the hell would consider a loss of $84 billion a success? Why Captain Kick-ass and the rest of the mindless morons running the financials in this country when discussing the GM bailout.
How does the figure get to $84 Billion? The $25 Billion the taxpayers won't get repaid, the $45 Billion tax break we gave them during bankrupcy and the $14 Billion domestic taxbreak they still get.
Now that is a true Obama success story!
Showing posts with label GM. Show all posts
Showing posts with label GM. Show all posts
Saturday, April 2, 2011
Sunday, November 28, 2010
Who Benefits From The Sale Of GM Stock?
If you didn't get sick from watching the commercial put out by GM this holiday season.........in a surprising turn of events - guess which entity is benifitting most from the sale of GM stock - UAW
Tuesday, April 27, 2010
Did You Hear That GM Paid Back Their Taxpayer Loan? Ummm - Sure They Did
When the bailout of GM was being considered Senator Lamar Alexander (R-TN) had this great idea for the taxpayers that were paying to keep GM open but the lefties made sure the private sector didn't get a piece of this pie......we just had to buy the ingredients, bake it and watch GM eat it.
GM's use of TARP money to pay back a TARP loan can be compared to paying off your Visa bill with your Mastercard.
GM's use of TARP money to pay back a TARP loan can be compared to paying off your Visa bill with your Mastercard.
Monday, April 12, 2010
Guess Who Makes 4 Of The 10 Worst Vehicles On The Road
It would appear that the government has a knack to take all things - good or bad - and make them worse. Obviously, these designs were around before the government took over the reigns then handed control over to their union buddies but I hope we can all see the irony here.
Tuesday, March 30, 2010
Will The Government Make You Buy A GM Vehicle?
If the Supreme Court sides with the federal government in saying it is Constitutional for them to mandate buying a product or service (health care) it sets a very dangerous precedent. What stops them from telling us that if we want a car it has to be from Government Motors?
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