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GM's Profits are Still a Huge Net Loss For Taxpayers - Megan McArdle - Business - The Atlantic
This is a good story and a very bad event.
The GOP is going to have a field day with this stuff in 2012
But of course, that assumes that the current share price holds. It could well fall over the next few months--or when the government dumps an enormous new supply of GM stock on a market that isn't showing all that much enthusiasm for the product.
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
GM paid back the loan. The government still has equity in the company.
^Neither of those is a lie.
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
So Ford and all the rest Survived how without the handout's?
wait- you're telling me they repaid the loan out of the lowest-interest bearing account they have access to? Saved less restricted funds for other activities?GM paid back the loan. The government still has equity in the company.
^Neither of those is a lie.
Really? Do you have newer Information
General Motors Repays $8.1 Billion in Government Loans - ABC News
GM Pays Back TARP Loans With...TARP Loans! - Hit & Run : Reason Magazine
Not so much
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
The GOP is going to have a field day with this stuff in 2012
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
So Ford and all the rest Survived how without the handout's?
GM paid back the loan.
wait- you're telling me they repaid the loan out of the lowest-interest bearing account they have access to? Saved less restricted funds for other activities?GM paid back the loan. The government still has equity in the company.
^Neither of those is a lie.
Really? Do you have newer Information
General Motors Repays $8.1 Billion in Government Loans - ABC News
GM Pays Back TARP Loans With...TARP Loans! - Hit & Run : Reason Magazine
Not so much
shocking, I tell ya! Shocking!
What the fuck do you think the point of that claim is?
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
Nothing spells "success" quite like funneling trillions of dollars to the UAW.
GUARANTEED democrat votes! You're willing to spend EVERY dime the taxpayers have to buy votes for your party, every dime!
Nope.
100% unmitigated success.
The United States was on the verge of losing it's auto manufacturing base.
So Ford and all the rest Survived how without the handout's?
They didn't survive without handouts.
If GM collapsed, Ford would have gone too.
It's amazing how little some people know how these things work.
Good for me..by the way..I invested in Ford and made a killing..
wait- you're telling me they repaid the loan out of the lowest-interest bearing account they have access to? Saved less restricted funds for other activities?Really? Do you have newer Information
General Motors Repays $8.1 Billion in Government Loans - ABC News
GM Pays Back TARP Loans With...TARP Loans! - Hit & Run : Reason Magazine
Not so much
shocking, I tell ya! Shocking!
What the fuck do you think the point of that claim is?
Wow its that hard to understand is it? They used Tarp funds to Repay a small potion of the loan and then claimed they paid back the entire thing....... Ya I know its hard for you to wrap that little noggin around just doing my bit to help ya.
They didn't survive without handouts.
If GM collapsed, Ford would have gone too.
