[E. Pluribus Unum]

RACISTS!

[Uncle Ike]

Not one word, from anyone, about the bondholders that got raped in the deal - much less about ‘making them whole’....

[Seruzawa]

Well, no, it didn’t “shred” him. It pointed out his misleading facts on the issue. That sort of political behavior in engaged in by virtually all politicians unfortunately.

[Logic n' Reason]

". . . may be a bit misleading. . . "

Is a long, long, long, LONG way from "SHREDDING"

[Erik Latranyi]

No shredding, but at least it was an honest fact-check on a President who is a serial liar.

[4woodenboats]

From today's USA Today;

As FactCheck.org points out, Chrysler received a $4 billion loan at the end of the George W. Bush administration, about three weeks before Obama became president on Jan. 20, 2009. The car company received $8.5 billion more about three months after Obama took office.

Chrysler has repaid $10.6 billion -- which, in the Obama's administration's view, covers the $8.5 billion loan it made on its watch, though that leaves $1.9 billion unaccounted for.

FactCheck.org notes:

Since then, the administration has announced that it will sell its remaining Chrysler shares to Fiat, the Italian automaker that will now own a majority of the U.S. car company. Taxpayers will reap about $560 million from the stock sale, Treasury says. That still leaves taxpayers about $1.3 billion in the hole, and Treasury doesn't expect to ever get it back.

~snip~

[Wolfie]

We all know ONLY the Wall Street bailouts were a good thing.

[FrankR]

[Verginius Rufus]

There was also a good column in Monday's Wall Street Journal by a law professor pointing out all of the lies in Obama's speech and how the Obama administration's handling of the GM and Chrysler deals violated normal legal procedures.

[Yo-Yo]

* Chrysler has repaid every dime to the government: The U.S. government only got 90% back of their combined loans to Chrysler, made during both the Bush and Obama presidencies.

Direct loans wasn't the only money spent on the auto companines. What about the stock the government purchased? How has the value of those shares fared?