Obama announced that we are unloading GM stock, and claimed the American People are Positioned to recover More than His Administration invested in it. That is a straight up, bold faced lie. At the current price we stand to lose at least 12 Billion dollars. Does the man have any shame? http://articles.cnn.com/2010-11-18/politics/obama.gm_1_gm-tough-decisions-stock-sale?_s=PMOLITICS With Rising Gas prices and GM still reliant on mostly trucks and SUV sales to turn a profit It seems very unlikely We will even break even let alone make a profit. The man is a straight up liar.
I didn't hear him say anything about HOW GM is paying back the loans either. He just said that they had payed them back. In Obamaworld I guess using other TARP, taxpayer money, to pay back a loan that was orgionally taxpayer dollars is A O K. Why am I not surprised??
