To: thackney
It never said a peep about the billions GM and Chrysler got after the global economic meltdown in 2008. Even though most of that money was eventually repaid, where was the Journals concern for the taxpayer tap then? IIRC the Journal editorial page was totally against the Bush/Obama bailout of GM and Chrysler and in favor of the bondholders. I think this statement is absolutely incorrect.
7 posted on
03/01/2015 6:56:02 PM PST by
nascarnation
(Impeach, convict, deport)
To: nascarnation
The money being mostly repaid is also incorrect.
To: nascarnation
GM still owes the taxpayers $15 billion. I will take my share in the form of a 2015 Corvette Z06.
34 posted on
03/01/2015 9:32:45 PM PST by
SVTCobra03
(You can never have enough friends, horsepower or ammunition.)
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