GM pays off its bailout loans
Full story: CNN
#1 Apr 21, 2010
good , cuz i`m behind on mu credit cards
#2 Apr 21, 2010
Itís nice and dandy that GM that is owned and ruled by the communist dictator Obama and the liberal socialist Elites union members of UAW took money from one pocket and paid it to the other government pocket. Evidently GM will get the money back because GM is subsidized by the government with the American people taxpayers with many billions of dollars since the expenses of GM on the unionsí socialistic Elites hefty salaries, healthcare and pension benefits exceed GMís revenues on selling cars and financing union members of GM in Germany, Brazil and China. So, while it is a good reason for a big celebration by every patriotic America that GM is paying back its debt, it is important to know that GM got more than 40 billion dollars from the Government and still it needs 10% subsidy from the private sector American taxpayers for every sold GM car.
#3 Apr 21, 2010
Interesting take, look forward to hearing more.
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