Saturday, May 1, 2010
I Hate Liars.
US Taxpayer money given to GM: $62,900,000,000.
Official Bailout amount: $49,500,000,000.
Actual loan amount: $6,700,000,000.
Amount GM has payed back: $6,700,000,000.
Amount of GM money used to pay it back: $0.
Amount of taxpayer money used to repay the loan: $6,700,000,000.
GM used taxpayer money to repay taxpayer loans, and now they are touting it as the comeback of a company.
It is funny to me when liberal financial tricks come to the light of day. What is not funny is that it their attempt at sneakiness cost us, the taxpayer, a total of $62,900,000,000 which could have bought us nearly 3 million new Impalas. That breaks down to about $600 from each of us. Thanks dicks.
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3 comments:
This isn't a "liberal trick". Whoever was in power would have bailed out GM, just like the airlines, Chrysler, etc. It's fine to be upset out the system, but don't cry and pretend only one side does it.
Nobody is pretending one side was in on the bail-out. The difference is that the Obama administration then took over the company and is trying to run Toyota and Chrysler dealerships (that didn't contribute to his campaign) out of business. And, that's a fact, not a rumor. If you'd get your nose out of the dailykos and huffpost hate websites, maybe you'd know something or at least called down Der Leader when he's fucking the American taxpayer. And, all we've heard from you is crying.
And now . . . Obama is after 401K's to bail out the thugs at SEIU. This is happening right now. Obama is confiscating all the money he possibly can. Even Bernanke is warning of the consequences of what they're doing. Remember in November.
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