Government Buys From GM to Inflate Sales Numbers

Discussion in 'Economy' started by Nova78, Jul 12, 2012.

  1. Nova78
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    Nova78 Silver Member

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    Government Buys From GM to Inflate Sales Numbers - Independent Journal Review

    it goes through one news report after another saying how GM was saved by the US government’s $50 billion in bailout money. As the months marched forward, the tailspin that was GM’s financial situation suddenly reversed, and sent rocketing upwards. By the month of June, apparently GM saw a 16% spike in sales. Well, that’s just wonderful …I suppose those socialist economic policies worked, right?

    It looks like General Motors will be throwing everything in but the kitchen sink to help fluff its second quarter earnings numbers. Taxpayers continue to help with the cause as President Obama campaigns on the “success” of GM following the manipulated bankruptcy process that cost taxpayers $50 billion and another $45 billion of tax credits gifted to GM to help protect powerful UAW interests. We now learn that government purchases of GM vehicles rose a whopping 79% in June.”

    Screwed blued and tattooed by your Government.............
    $01e9-Obama.jpg

    $what-change-looks-like.jpg
     
  2. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Channel Stuffing. Idiots like rdean and TM call that "evidence of economic recovery. Eat it Cons!"
     

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