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  • austinag3 austinag3 Jul 1, 2009 2:15 PM Flag

    Problem With GM Is Obama and His UAW Ties

    Seems like the President of the US should not be allowed to buy a US company, take a 62 percent stake using taxpayer money and then pay off its major election contributors by giving an unusually large share of the new company without giving existing shareholders and bondholders a larger stake since they are paying taxes that are being used to buy the government stake.

    Our government is a joke. Even when the Roman Empire was on the verge of collapse democracy held sway. I guess Socialism has taken hold in the US.

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