To: MaryFromMichigan
I would take this with a grain of salt. The paper is based out of Caracas Venezuela and on the "about" page they speak of their "partners at The New York Times, The Washington Post, the Los Angeles Times, and The Times of London."
Additionally, money is money. Once it goes into GM's coffers, it cannot be distinguished from money from other sources. So if GM spends $200 million at each of 5 US plants and $500 million at each of two Brazilian plants, who can say where each billion came from?
11 posted on
01/25/2009 8:40:20 AM PST by
El Gato
("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
To: El Gato
Additionally, money is money. Once it goes into GM's coffers, it cannot be distinguished from money from other sources. So if GM spends $200 million at each of 5 US plants and $500 million at each of two Brazilian plants, who can say where each billion came from? Read real slow, GM was broke and could not pay any of it's creditors for the parts in the cars on dealers lots. GM had no money and has no money, it is all tax payers now.
16 posted on
01/25/2009 8:45:46 AM PST by
org.whodat
(Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
To: El Gato
who can say where each billion came from? That's a silly question concerning an insolvent corporation bailed out by the U.S. taxpayer.
IT ALL COMES FROM US!
To: MaryFromMichigan
Not that I think it's OK to give GM a billion dollars in the first place. If they can't turn a profit without being subsidized, let them declare bankrupcy, break their union contracts (a large part of their problem) and let someone else buy up the pieces and parts that are viable.
The only way I'd want to give GM a billion would be to buy something from them, something painted OD green or desert tan.
30 posted on
01/25/2009 9:00:08 AM PST by
El Gato
("The Second Amendment is the RESET button of the United States Constitution." -- Doug McKay)
To: El Gato
...”money is money...who can say where each billion came from?”
Puhleeze...Not when they come back for more and more taxpayer bailouts. Then we know where it comes from - printed out of thin air and charged to current and future US taxpayers.
34 posted on
01/25/2009 9:06:47 AM PST by
citizen
(Fascism: All persons, capital & activities exist to support the will & best interests of the State.)
To: El Gato
You left out the Chinese and Russian plants. Besides, GM didn't have any billions so I think we know where the money came from.
48 posted on
01/25/2009 4:36:01 PM PST by
Colorado Doug
(Now I know how the Indians felt to be sold out for a few beads and trinkets)
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