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Let's Hear It for Government Motors GM!

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Author Topic: Let's Hear It for Government Motors GM!  (Read 4216 times)
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« Reply #15 on: April 21, 2011, 09:32:43 pm »


I ate up the mainstream's reassurance that GM was all good now

Who says it isn't.
Quote
We think the TV ad would leave most reasonable viewers with the impression that GM has fully settled up with the government. Whitacre can accurately claim that GM has retired its $6.7 billion in loans from the U.S. government. But with the government still owning 60 percent of the company and the prospects slim for getting all its money back, we think that's highly misleading. And so we rate Whitacre's statement Half True.
politfact.com

Are you saying that this part isn't true? If it is true then I don't consider that good or representative of the idea that GM is taken flight from the forced  socialism. That term sums up my opinion on Obama. He's worse than W.
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