GM off the hook and off to China.....
Last May GM announced it was spending $11,000,000,000.00 in Communist Red China to build Cadillac’s.
US Taxpayers prevented GM from going out of business in 2008. To say thank you GM is building even more cars outside the USA.
Yesterday the US government announced it has sold all of it’s GM stock.
The end result is American Taxpayers lost $11,000,000,000.00 bailing out GM.
Taxpayers lose 11 billion. GM sends a 11 Billion to China. That about sums it up.
Next time GM needs a bailout they should go asked the Communist Government of China to help out.
http://online.wsj.com/news/articles/SB10001424127887323372504578468582435347210
http://www.usatoday.com/story/money/cars/2013/12/09/government-treasury-gm-general-motors-tarp-bailout-exit-sale/3925515/
US Taxpayers prevented GM from going out of business in 2008. To say thank you GM is building even more cars outside the USA.
Yesterday the US government announced it has sold all of it’s GM stock.
The end result is American Taxpayers lost $11,000,000,000.00 bailing out GM.
Taxpayers lose 11 billion. GM sends a 11 Billion to China. That about sums it up.
Next time GM needs a bailout they should go asked the Communist Government of China to help out.
http://online.wsj.com/news/articles/SB10001424127887323372504578468582435347210
http://www.usatoday.com/story/money/cars/2013/12/09/government-treasury-gm-general-motors-tarp-bailout-exit-sale/3925515/
posted by res17 at
December 10, 2013
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