Free Republic
Browse · Search
News/Activism
Topics · Post Article

I knew it was too good to be true. GM paid back loan money with more tarp money!
1 posted on 04/22/2010 3:36:54 PM PDT by HD1200
[ Post Reply | Private Reply | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-23 next last
To: HD1200

Hell, yeah! Did you think they had positive cash flow?


2 posted on 04/22/2010 3:38:30 PM PDT by clintonh8r
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

If it seems to good to be true, it probably is. I wonder how Obama would respond if this company were still in private hands?


3 posted on 04/22/2010 3:39:45 PM PDT by Melchior
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

The President of GM was broadcasting a new commercial on radio here in California today that they “fully paid their loans off with interest”, hired new engineers and are developing the cars of the future.

The President of GM would not lie to us would he?


4 posted on 04/22/2010 3:41:22 PM PDT by edcoil (If I had 1 cent for every dollar the government saved, Bill Gates and I would be friends.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: Iowa Granny

Grassley needs to scream his findings, because he’s right.


5 posted on 04/22/2010 3:42:01 PM PDT by onyx (Sarah/Michele 2012)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
GM had a FULL PAGE ad it today's print-version Wall Stree Journal crowing about how they had repaid their loan five years ahead of time, and with interest.

They really are very slimy.

6 posted on 04/22/2010 3:42:05 PM PDT by chs68
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200; Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


7 posted on 04/22/2010 3:42:50 PM PDT by Nachum (The complete Obama list at www.nachumlist.com)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

Too late see,

the NARRATIVE has been written and has gone around the world twice before the truth even wakes up.

What`s the narrative?

” GM has repayed ALL loans back to the govt. “


10 posted on 04/22/2010 3:46:39 PM PDT by Para-Ord.45
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
The bottom line seems to be that the TARP loans were 'repaid' with other TARP funds in a Treasury escrow account.

Madoff Motors.

11 posted on 04/22/2010 3:46:50 PM PDT by denydenydeny (The welfare state turns us all into zoo animals, mouths open, waiting for the next feeding.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

They can lie and they can scam and they can fudge the numbers but reality will catch up and the whole s*** pile will hit the fan someday -— soon!!!


13 posted on 04/22/2010 3:50:59 PM PDT by timetostand (Ya say ya wanna revolution -- OK!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
We are proud to announce we have repaid our government loan – in full, with interest, five years ahead of the original schedule. We realize we still have more to do. Our goal is to exceed every expectation you've set for us. We're designing, building and selling the best cars and trucks in the world. Like the award-winning Chevy Malibu, the all-new Buick LaCrosse, the versatile Cadillac CTS Sport Wagon and the innovative GMC Terrain, just to name a few. We invite you to learn more about the new GM and join our community, by visiting gm.com

I received this notice by email a few days ago.

16 posted on 04/22/2010 4:08:34 PM PDT by BARLF
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
I think it was Rush, not sure, but someone on our side on radio stated day before yesterday that GM is full of BS....it DIDN'T pay back the entire loan, only 13%.

The misinformation and disinformation from the the Evil Empire minions controlling Washington is truly terrifying. As Glenn said today, they have become so brazen they don't even try to hide it anymore.

Leni

18 posted on 04/22/2010 4:13:12 PM PDT by MinuteGal
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

When I was a kid, my entire family drove GM. My first car was a 76 Cutlass Supreme. I have restored a 68 and 69 Pontiac Lemans.

I will never buy another GM product. I drive a Ford.


19 posted on 04/22/2010 4:13:52 PM PDT by ffusco (The President will return this country to what it once was...An arctic wasteland covered in ice.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

Have y’all heard the GM radio ad featuring “Karen” in which she damn nears has an orgasm describing how much she loves her Chevy Impala?

Friend of mine rented a Impala to drive to Miami and back. 1200 miles round trip. He said the Impala was the worst car he has ever driven. Hr gave the car rental place a long list of stuff wrong with the car when he turned it in.

No GM POS for me.


23 posted on 04/22/2010 5:11:58 PM PDT by upchuck (Get the Moslem rookie out of the White House!)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: grellis; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; ...
"...The TARP loans were not repaid from money GM is earning selling cars, as GM and the administration have claimed in their speeches, press releases and television commercials," he wrote.

34 posted on 04/22/2010 6:41:40 PM PDT by SunkenCiv ("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

Ijust saw a long, slick TV ad with the GM top dog crowing about having paid back the loans.

If it’s true that they just shuffled some money around, then GM is even more contemptible than it already was.


36 posted on 04/22/2010 6:51:16 PM PDT by Yardstick
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
Fox News
37 posted on 04/22/2010 7:38:24 PM PDT by A.A. Cunningham (Barry Soetoro is a Kenyan communist)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
Here, let me pay you back with your own money.

We're square, right?

38 posted on 04/22/2010 8:04:10 PM PDT by TheThinker (Communists: taking over the world one kooky doomsday scenerio at a time.)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200
and America takes another one in the........

39 posted on 04/22/2010 8:37:34 PM PDT by Chode (American Hedonist *DTOM* -ww- NO Pity for the LAZY)
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

DON’T BUY GM (GOVERNMENT MOTORS) CARS!!!


40 posted on 04/22/2010 9:16:41 PM PDT by Steelers6
[ Post Reply | Private Reply | To 1 | View Replies ]

To: HD1200

I will never buy a GM, as long as they are Gov and Union owned


41 posted on 04/22/2010 10:03:25 PM PDT by PMAS
[ Post Reply | Private Reply | To 1 | View Replies ]


Navigation: use the links below to view more comments.
first 1-2021-23 next last

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson