that GM contributed sooo much money and willing to give even more to have the Martin Luther King Statue built.
What the hell, they got 50 billion or so, strewed their shareholders, and Bondholders with Obama giving them the green light. They have plenty to spend now, bonuses for labor, statues to build, and with green incentives in the form of grants from Obama the money coming in is wonderful. We should ask them to build a statue commemorating all their former shareholders and bondholders who were victims of their bankruptcy.
GM deception runs deep.
Wait, did I hear someone say 'it was our money that was spent, (tax payer money) that are still owed?'
Sure web-dunce, they took it to the Auction and couldn't sell it. How much did Hyundia promise you your would be worth for another one? I guess the owner of the one Newberry Motor's wasn't HAPPY
<<<<Poor web-dunce one of his 2011 Nose Blow "Sonata" already on Newberry Motors used Car lot.>>>>
They love that car, Jeye. It's there to draw foot traffic, hoping people will consider a Chevy Limpala.
Here's what Newberry says about the Nose Blow Sonotta (using Jeyedolt's immature name for it).
"Yeah baby! You win! You won't find a better car than this outstanding 2011 Hyundai Sonata. This Sonata has a great cockpit layout, with all the controls easy to find and right where you need them. Awarded Consumer Guide's rating of a Midsize Car Best Buy in 2011." -Newberry Motors
PS: Jeye, they love this car.
>>Wow, a story with no facts?<<
Watch the video, maybe Paul Ryan can explain the B.S. that belongs to Whitacre and GM. Yes he's a Republican, setting the record straight.
BTW treasury has put off selling their stake in GM to repay what it still owes. If you need a link to support that claim let me know.
Our government will get $ back went they sell their GM stock.
Not all of it right away, but in the long run they'll get reoccuring tax "revenue" from taxes on GM's profits, taxes from GM employees paying income taxes, and taxes from GM stockholders paying taxes on their dividends. Plus taxes from all the other business which benefit from having GM around.
Although I prefer the government not meddle in the markets, I think it was in the national interest to step in this time to fix at least some of the systemic financial screwup for which both parties were to blame.