How is Government control of anything going to make it better?
The Taxpayers were compelled to bailout GM to the tune of $50 billion.
Not mentioned was the auto bailout will lose us about $30 billion.
Most of the $30 billion Taxpayer dollars was in fact a payoff to the Obama-Democrat stalwart United Autoworkers Union.
Unions were bailed out, The Taxpayers are still stuck holding 500+ million shares of GM stock. Which need to be sold at $53 per. GM debuted post-bankruptcy at $33 per. And which is currently trading at just over $20 per. taxpayers lose about $15 billion. The media calls this success”
Nowhere to be found is the truth that these June sales were mostly fueled by…government purchases.
Government purchases of GM vehicles rose a 79% in June.
Barack Obama is now campaigning on how great of a job he has done, with your tax dollars.
If your wife sells Avon, are you her only customer?
The Unions are President Obama’s wife and the $50 billion is how much Avon you’ve just purchased. Yet all you’ll hear from the media is how great the Auto industry is doing thanks to President Obama. In what universe does the corrupt media ignore any other aspect of this story except the “brown-nosing” talking points?
Whatever happened to the “facts?” The bias media have failed the American people again and again and………..