GM, Still Owes Government, Giving Bonuses = OUTRAGE!!!

Posted in the Novi Forum

Comments
1 - 9 of 9 Comments Last updated Feb 23, 2011
Taxpayer

Falls Church, VA

#1 Feb 15, 2011
You ever loan money out to a friend, and then watch that friend blow money on crap, right in front of you, when he still owes you?

That is what GM is doing. They owe the government still from their $50B loan, and just announced they are giving away around $422 Million in Bonuses to all its employees!

They tried to pull this crap on Wall Street. Everyone made a stink and they had to return the money.

Make some noise people! The government needs to step in and say “No no, us first!”

Why can’t they just wait till next year…..
Steve D

Buffalo, NY

#2 Feb 15, 2011
Step in and stop this!
UAW worker

United States

#3 Feb 16, 2011
Steve D wrote:
Step in and stop this!
NO NO
Don't stop!!!
Steve D

Buffalo, NY

#4 Feb 16, 2011
UAW worker wrote:
<quoted text>
NO NO
Don't stop!!!
right! LOL
UAW worker

United States

#5 Feb 17, 2011
I kidd.
But the money is nice.
Steve D

Buffalo, NY

#6 Feb 17, 2011
Of course! I'd love it too!

But it aint right. Just sayin....
GM GUY

Romeoville, IL

#7 Feb 20, 2011
“General Motors today repaid $8.1 billion in government loans, five years ahead of schedule and nine months after the troubled auto giant declared bankruptcy, signaling that the auto maker may be on the path to profitability.” Announcing the payment to a plant full of GM workers, Chairman Ed Whitacre (who, we should note, was a retired phone company man last June) announced, “As of today, GM has repaid in full and interest the loans made last July by the U.S. Treasury and Export Development in Canada.”
Fred

United States

#8 Feb 21, 2011
Steve D wrote:
Of course! I'd love it too!
But it aint right. Just sayin....
What is right nowdays!
Taxpayer

Falls Church, VA

#9 Feb 23, 2011
http://money.cnn.com/2011/02/23/news/companie...

GM gets a pass on $14B in taxes.

Thats like giving your kids up for adoption and still getting to claim them on your taxes.

BUY FORD!!!

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