Posted on 04/23/2010 10:47:57 AM PDT by wmap
Sen. Chuck Grassley's charge was backed up by the inspector general for the bailout -- also known as the Trouble Asset Relief Program, or TARP. Watchdog Neil Barofsky told Fox News, as well as the Senate Finance Committee, that General Motors used bailout money to pay back the federal government.
(Excerpt) Read more at foxnews.com ...
Because Barry told him to.
So, I don’t get it. GM payed back the money they didn’t need and now they are in trouble for it?
Like forgetting about the 61 bilion or so in GM equity held by the Treasury ?
So, I don’t get it. GM payed back the money they didn’t need and now they are in trouble for it?”
Pure Socialism- You are wrong all the time- no matter what you do.
IF I had to take an emergency trip for a family death, and I borrowed , say, $1000 from a friend, and only used $600, then I paid back the $1000, but it was $400 of the original money and $600 of my next paycheck, I would be wrong????
There must be some serious drug use going on inside the Beltway. They are all upside down.
They are a long way from paying us back. It’s just more Marxist government deception.
Marxist are born liars.
That ad is preposterous.
??”GM payed back the money they didn’t need and now they are in trouble for it?”
“Paid”. Education is your friend.
NO NO GM used TARP money to pay back TARP money, OUR money. If GM didn’t need that money it should have been given back, GIVEN, not used in some cute scheme to get a PR stunt.
Think we couldn’t find a good use for 8.1 billion that we gave GM in the first place?
How can anyone call using part of borrowed money to pay back borrowed money as a pay back.
It’s called Smoke and Mirrors.
You would do yourself well by viewing the ad first before replying. The ad specifically states that they paid back the TARP money with interest, not that they gave back “Some” of the TARP money.
There is no GM. It is the UAW company now.
We’d be stupid to buy union assembled vehicles. (plus they’re so ugly looking)
GMAC, the financing arm, has received even more government money.
It’s a sham!
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