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To: Fresh Wind

Are they still government owned? If so Trump needs to sell it off.


4 posted on 12/12/2016 2:46:45 AM PST by Cowboy Bob
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To: Cowboy Bob

No longer, but the Government Motors name will last much longer than the period of government ownership, especially when you consider that Ford didn’t need a bailout.

GM is grateful for having been saved, but the government lost about $10 billion on the deal.

http://money.cnn.com/2013/11/21/news/companies/gm-shares-treasury-sale/index.html?iid=EL

If GM, through their Cadillac division, is interested in acting as a propaganda arm of the government, that could be considered a payback of sorts, and a whiff of fascism.

As always, when something like this comes to light, the apology is not for doing it, it is for getting caught.


14 posted on 12/12/2016 3:35:57 AM PST by Fresh Wind (Hillary: Go to jail. Go directly to jail. Do not pass GO. Do not collect 2 billion dollars.)
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