Hey Everyone, GM paid back it's Loan! ... oh wait...

by garyv
2 replies
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Have you seen the commercial where the GM CEO lies to the American people yet? He claims to have paid back their loan in full, and ahead of schedule...


But wait, where did this money come from?...

Fair Game - At G.M., Repaying Taxpayers With Their Own Cash - NYTimes.com

  • Profile picture of the author seasoned
    They can't EVER pay the loan back! NOT EVER! They won't even TRY! They won't even ACKNOWLEDGE it, EVER!

    The company was STOLEN from stockholders and bondholders. The bondholders were paid a PORTION, and the stock holders lost EVERYTHING! Do you think they even kept a record of who they ripped off. I doubt it.

    And what about cash for clunkers?

    Steve
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  • Profile picture of the author garyv
    I'm usually not one for conspiracy theories, but lately my brain has been working over-time trying to figure out how some of these things don't have blatant links.

    For instance, isn't it funny that the govt. and media outlets started piling on GMs biggest competitor after the govt. took GM over? Now I thought that the toyota acceleration thing was a bit fishy, but the reaction to it went way overboard considering there are other cars out there w/ the same or similar problems. But then consumer reports gives it's rare "do not buy" to the Lexus GX 460, because it "could" have the "potential" to roll over. For this it gives a "do not buy" rating? Have you seen the video? There's no way this vehicle is rolling over unless it hits an obstacle in the road, in which case just about any vehicle would roll over. Watch this video and compare this vehicle to Jeep Wranglers of years gone by. I'd take this vehicle over any Jeep Wrangler hands down.

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