It’s much, much worse than it appears...
Ever notice how many of Holder’s people are driving nice, new GM muscle cars? Look around... and then look at this...
http://freebeacon.com/grand-theft-auto-loans/
How much of the bailout do they still owe the taxpayers? I also don’t know anyone in my immediate family that will ever buy another GM product.
GM was touted during the re-election campaign as one of his biggest successes. They screwed the bondholders. They screwed the shareholders. The screwed the General Motors management. They screwed the creditors. They screwed the dealers. They screwed the taxpayers. The only group they did not screw was the unions. Unfortunately, the unions were the heart of the problem to begin with. So guess what? They are heading down the same road that got them into the financial problems in the first place.