I provided fresh data about the amount debt GM has cost tax payers. My statement about GM's minimal ops here is an informed opinion which you are free to disprove or disagree as you know.
no, what you did is use *fact*, then throw erroneous claims in with those *fact* as if the claim was backed up in some way.. we all do it to some extent or another.. but when caught, we don't say "It's my opinion, now prove yours"
I provided several sources that all spell out how much tax payers lost and that the gov still owns 26% of an American company which has essentially set up shop in China with minimal ongoing US operations.
well..
And that's the political reason: If it were to unload its shares today, the government would lost $16 billion on the deal. "At GM's Monday closing price of $21.11 a share, the government would lose $16 billion on its $49.5 billion bailout," the Detroit news reports.
let's forget about the
'spelling' issues this 'blog' has.. and look at reality for a minute.. sure,
if it were sold it would be a loss.. so would the fact that he's not selling mean he doesn't want the loss and is doing what all investment persons would advise? and holding onto the stock until it goes up, because it will go up..nah, Mitt says he's just playing politics by not selling..
I won't even go into the issues with that..because I don't think it would matter. But it is a tad bit skewered don't you think?
and none of it proves the US has minimal involvement because it's all been shipped to China..
