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So, we bailed out GM and GM made a profit of one billion dollars

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-04-12 04:17 AM
Original message
So, we bailed out GM and GM made a profit of one billion dollars
Edited on Fri May-04-12 04:20 AM by No Elephants
I guess we don't get a share of that, though.

Seriously, how many ways can they figure out to rob and/or short change the American taxpayer?

Don't get me wrong. I'm glad we bailed out G&M, but I am really tired of hearing how we got paid back.



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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-04-12 09:00 AM
Response to Original message
1. One, we loaned them money to survive, two we still own 35% of GM
and as the fortunes of GM improve, so does the value of the shares the Government holds.......the US also collects dividends, and has a say in CEO salaries AND anything stupid GM may want to do like buy Chrysler.....



It's Friday, I want to boogie.....
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