11 BILLION DOLLARS GONE...............
To: Red Badger
Bo needs cash to buy votes!
To: Red Badger
the government would lose more than $11 billion, but the Obama administration is willing to accept the loss Why not? It's not his money!
To: Red Badger
The first order of Business for our new congress should of been IMPEACHMENT over this whole GM Fiasco, They out and out STOLE it from the Bondholders and then Gave it all to the Unions, now We the People are supposed to pay all the Losses??
When will enough be enough???
4 posted on
04/20/2011 5:53:51 AM PDT by
eyeamok
To: Red Badger
The government sale would "almost certainly" mean that US taxpayers would take a loss Duh.
But the unions got theirs... and will again work to re-elect Obarry.
Mission accomplished.
5 posted on
04/20/2011 5:54:12 AM PDT by
grobdriver
(Proud Member, Party Of No! No Socialism - No Fascism - Nobama - No Way!)
To: Red Badger
He added: "I think the government is going to make a lot of money ... It will prove to have been a great investment." - GM Chief Executive Ed Whitacre (on the Government bailout)
7 posted on
04/20/2011 5:55:26 AM PDT by
mnehring
To: Red Badger
But we saved the union goons pensions!
*sigh*
11 posted on
04/20/2011 6:03:26 AM PDT by
TexasFreeper2009
(Obama = Carter 2.0 The Epic Fail Edition)
To: Red Badger
Right, It’s not their money, they don’t CARE about how its spent, except to further their leftist goals
13 posted on
04/20/2011 6:10:51 AM PDT by
GeronL
(The Right to Life came before the Right to Happiness)
To: Red Badger
How can the government lose money on the GM deal?
GM paid back everything with interest!
The Chairman said so on national TV.
< /sarcasm >
15 posted on
04/20/2011 6:12:43 AM PDT by
N. Theknow
(A gun in the hand, beats a cop on the phone.)
To: Red Badger
I hate, despise, and loathe GM.
Destroy them all...well, almost all.....
But......
Keep the Corvette!
To: Red Badger
” At the current price, the government would lose more than $11 billion, but the Obama administration is willing to accept the loss in “
Boy, it’s a good thing that the Obama Gang isn’t in charge of my pension fund....
Oh - wait....
Cr@p....
17 posted on
04/20/2011 6:18:53 AM PDT by
Uncle Ike
(Rope is cheap, and there are lots of trees...)
To: Red Badger
GM stock lower amid report of quick govt sale ...... and now steering wheels will quit falling off cars and golf carts
will no longer burn up in garages while charging ... maybe
18 posted on
04/20/2011 6:23:41 AM PDT by
Zakeet
(I know Obama is level headed because he drools out of both sides of his mouth at the same time)
To: Red Badger
How possibly could dumping 1/2 billion shares of stock cause a problem with the value?
Damn these idiots are total economic illiterates.
20 posted on
04/20/2011 6:39:02 AM PDT by
Jim from C-Town
(The government is rarely benevolent, often malevolent and never benign!)
To: Red Badger
“The government would need to sell its roughly 500 million shares for $53 dollars each in order to break even, but GM’s stock is currently hovering at a price of just under $30 per share.
Will ANY Republican have the BALLS to shove Obama generated mess right up Barry’s ass?
The time has come. Well, are there any men willing to kick this pu$$y$ ass?
If not, I go 3rd party! Next stop, New Zealand.
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