Mr Shaman it is unclear to me what the loss of 40+- billion dollars of tax payers wealth is funny
Thats my money
thats my sons money
thats not BHO nor the UAWs
GM 50 billion
GMAC 18 billion and the best i can tell we have got 23 billion back so far
GM Raises $23 Billion in Stock Sale
didn't they have 3 years in the agreement with Bush to pay back their loans.....so they have until 2012?
(Are the bankers responsible for paying back the 700 billion we gave them and if so, in what time period do they have to pay us back, 3 years as well?)
Did you calculate how much money the us gvt got in income taxes from all of the people working within the auto industry including parts makers that kept their jobs, and how much the gvt would have spent in unemployment benefits if they had been laid off, and taken these amounts out of the 40 billion you claim gm owes us?
I think a thorough analysis should be done instead of shooting from the hip....and I am curious on the Bank Bailouts, if they have to be paid back.....and how well are they doing in paying us back( if they had to)....so we can see and compare the auto bailout with the banking bailout and see who is hurting us worse, or done better with the money we gave them...