Go Back  HuntingNet.com Forums > Non Hunting > Politics
G.M. has paid back bailout money in full, and sooner than thought. >

G.M. has paid back bailout money in full, and sooner than thought.

Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

G.M. has paid back bailout money in full, and sooner than thought.

Old 04-26-2010, 01:50 PM
  #1  
Dominant Buck
Thread Starter
 
burniegoeasily's Avatar
 
Join Date: Feb 2003
Location: land of the Lilliputians, In the state of insanity
Posts: 26,274
Default G.M. has paid back bailout money in full, and sooner than thought.

I guess G.M. and the Obama administration thinks we are all stupid. Have any of you seen the G.M. commercial. Makes me want to puke. So, are we suppose to be happy that G.M. took part of the 49 billion we gave them, and gave us back 6.7 billion and pat themselves on the back for that. Here is a good article about it for Will.

Don't worry, Government Motors will do as the Healthcare bill will. Government Motors will not be held to the same standards and regulations as Ford and the other companies ,which could lead to the collapse of their industry, leaving Government Motors free to sell us what they think we need. The reason I see it this way is due to the simple fact that Government Motors is not selling off their 60+ shares held by Obama. If Obama really wanted the company to get back on its feet and not be ran by government, he would insist on selling the stock to pay back the $43 billion of tax dollars they still have. Remember Obama saying, “ I do not want to be in the Auto industry”. Funny how he is all fine with keeping the business.
http://www.forbes.com/2010/04/23/gen...schannellatest
burniegoeasily is offline  
Old 04-26-2010, 02:22 PM
  #2  
Giant Nontypical
 
jeepkid's Avatar
 
Join Date: Mar 2006
Location: ****ifornia
Posts: 5,049
Default

Good article, I knew Whitacre was lying when I first saw the ad...he's just the typical salesmen/politician type!!
jeepkid is offline  
Old 04-26-2010, 03:00 PM
  #3  
Boone & Crockett
 
James B's Avatar
 
Join Date: Feb 2003
Location: Wall SD USA & Jamestown ND
Posts: 11,474
Default

To make a short story even shorter, they paid back one bailout with funds from another bailout.
James B is offline  
Old 04-27-2010, 04:11 AM
  #4  
Dominant Buck
 
kevin1's Avatar
 
Join Date: May 2003
Location: Ramsey , Indiana
Posts: 22,545
Thumbs down

What cracked me up about that commercial was when Whitaker said that he could respect the rest of the country for not wanting to bail GM out. You still took the money though, didn't you? In my book they're no better than Chrysler, and quite frankly I have zero respect for either company.
kevin1 is offline  
Old 04-27-2010, 04:42 AM
  #5  
Spike
 
Join Date: Apr 2010
Location: Uniontown, KY
Posts: 8
Default

Thank you for this post.... I read an article with the same type of headline in a St. Louis newspaper. What about these newspapers? It wasn't until the 3rd paragraph before you were told anything about the REST of the 6.7... talk about mis-information
NickWRosa is offline  
Old 04-27-2010, 05:36 AM
  #6  
Boone & Crockett
 
The Rev's Avatar
 
Join Date: May 2005
Location: Burleson Texas
Posts: 12,560
Default

Alright you guy, just wait until Willpa sets you all straight!
The Rev is offline  
Old 04-27-2010, 07:14 AM
  #7  
Nontypical Buck
 
Join Date: Jan 2007
Location:
Posts: 1,985
Default

Originally Posted by The Rev View Post
Alright you guy, just wait until Willpa sets you all straight!
Be nice old guy! Now I know why I drive Ford! I bailed them out personally.
RLoving1 is offline  
Old 04-27-2010, 07:29 AM
  #8  
Boone & Crockett
 
falcon's Avatar
 
Join Date: Mar 2007
Location: Comance county, OK
Posts: 11,369
Default

Yep, i'm waiting for the federal government to buy its autos and trucks exclusively from GM.
falcon is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright © 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.