Not surprisingly, Obama nailed it.

[pknopp]

Govt lost money on stock not the loan. What you fail to admit….from your link

A distinction with no difference. Shuffling cards. Taxpayers lost billions bailing out the auto companies.

The government lost money, but far less than initially expected when the program was launched in 2009. What's more, the program prevented GM and Chrysler from going out of business — an event most economists and automotive analysts said would have caused the entire industry to collapse and thrown the Midwest into a deep depression.

GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Investments with no chance of ever losing are nothing more than a scam perpetrated on the taxpayers.

 

[rightwinger]

GM and Chrysler would have never went out of business. Stock holders would have simply lost their asses as it is supposed to be.

Revisionist history from those who wanted to just let them fail.

Republicans wanted them to fail under Obama
Didn’t happen

 

[pknopp]

Revisionist history from those who wanted to just let them fail.

Republicans wanted them to fail under Obama
Didn’t happen

I'm not the one trying to pretend the taxpayers didn't lose billions.

 

[rightwinger]

I'm not the one trying to pretend the taxpayers didn't lose billions.

Stock is not a loan
We sold out at a loss

Still well worth the investment