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Grassley works to establish facts behind claim that GM repaid its TARP loan
Sen Chuck Grassley ^
Posted on 04/28/2010 3:34:35 PM PDT by quesney
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GM didn't really repay its government loan -- though they're aggressively advertising that in a very misleading way. They took out another taxpayer loan to "pay" a loan. I guess we should expect government-like (Social Security "Trust Fund") accounting from Government Motors.
Long live Ford.
1
posted on
04/28/2010 3:34:35 PM PDT
by
quesney
To: quesney
2
posted on
04/28/2010 3:35:54 PM PDT
by
Lucky9teen
(I'll just say the 2nd amendment to the Constitution is there for a reason!)
To: quesney
Paid the Master Card off with the VISA. Duh?
3
posted on
04/28/2010 3:37:06 PM PDT
by
Don Carlos
(Dont tell mom I'm a congressman. She thinks I still play piano in a whorehouse.)
To: quesney
Yep next car may be a FORD. Screw the GM liars.
4
posted on
04/28/2010 3:37:44 PM PDT
by
alice_in_bubbaland
(Professional Politicians are a Threat to the Republic! Remove them on 11-3-10!)
To: quesney
They used taxdollars to pay $6.7 billion so they will be elgible for a $10 billion government fund for “retooling” to meet new CAFE standards.
think about that.
5
posted on
04/28/2010 3:42:24 PM PDT
by
GeronL
(http://libertyfic.proboards.com << Get your science fiction and fiction test marketed)
To: quesney
The bottom line is that the repayment was made on the dime of taxpayers across America"Madoff Motors.
6
posted on
04/28/2010 3:44:57 PM PDT
by
denydenydeny
(The welfare state turns us all into zoo animals, mouths open, waiting for the next feeding.)
To: quesney
Another lie from the 0bama regime
7
posted on
04/28/2010 3:55:34 PM PDT
by
Uri’el-2012
(Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
To: quesney
I am 67 and every car I ever purchased new was GM except once. Last August we bought a Honda and love it. Will never have another GM product.
8
posted on
04/28/2010 4:00:07 PM PDT
by
engrpat
(A village in Kenya is missing their idiot...lets send him back)
To: quesney
When will this nightmare be over? I am so sick of all of the corruption and lying.
9
posted on
04/28/2010 4:23:23 PM PDT
by
Bigg Red
(Palin/Hunter 2012 -- Bolton their Secretary of State)
To: quesney
All done to make obama look good and to cover up the fact we,not GM,not the unions using dues,will be paying their retirement benefits.
10
posted on
04/28/2010 4:32:46 PM PDT
by
wiggen
(Government owned slave.)
To: quesney
11
posted on
04/28/2010 4:32:51 PM PDT
by
cake_crumb
(President Reagan on ObieCare: http://www.youtube.com/watch?v=fRdLpem-AAs&feature=player_embedded#)
To: quesney
12
posted on
04/28/2010 4:34:08 PM PDT
by
auboy
(Men who cannot deceive others are very often successful at deceiving themselves. Samuel Johnson)
To: quesney
In a serious world this would be a problem.
13
posted on
04/28/2010 4:43:04 PM PDT
by
JerseyDvl
(The Obama Doctrine in 6 words - Embolden Enemies, Abandon Allies, WEAKEN AMERICA.)
To: quesney
I mean really...what’d we expect from a car dealer? The truth?
14
posted on
04/28/2010 5:21:06 PM PDT
by
moovova
(More coffee please...make it a double.)
To: quesney
the federal government agreed to forgive some of GMs debt during bankruptcy in exchange for stock in the company, the value of which is uncertain. I take this to mean that the "uncertain" number is huge, but hey, it's only taxpayers money!
Nothing is too big, too good or too expensive when it's taxpayer money.
15
posted on
04/28/2010 5:57:19 PM PDT
by
RJL
To: grellis; AdmSmith; Berosus; bigheadfred; Convert from ECUSA; dervish; Ernest_at_the_Beach; ...
One of those “if you owe me money, I’ll never be broke” kinda things.
16
posted on
04/28/2010 6:01:08 PM PDT
by
SunkenCiv
("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
To: moovova
Our local GM dealer has balloons, streamers, and signs saying they (GM) have repaid their loan. What total BS
17
posted on
04/28/2010 6:02:38 PM PDT
by
gunner03
To: engrpat
I am 52 or so. Bought FORDS all my life. Still happy. Perfect? No. Good? Yes.’09 Mustang, great. Older F-250, still great. Rebuilt old Bronco, better than new. FoMoCo.
18
posted on
04/28/2010 6:10:03 PM PDT
by
MileHi
( "It's coming down to patriots vs the politicians." - ovrtaxt)
To: quesney
Excellent work by Sen. Grassley and his staff
19
posted on
04/28/2010 6:59:41 PM PDT
by
mtntop3
To: denydenydeny
I’ve got a hunch the guy who is now running GM must be from Chicago.
20
posted on
04/28/2010 7:30:08 PM PDT
by
Melchior
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