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GM Resumes Political Giving
Wall Street Journal ^ | 9/23/2010 | Josh Mitchell

Posted on 09/23/2010 7:40:57 AM PDT by Obadiah

General Motors Co. has begun to once again contribute to political campaigns, lifting a self-imposed ban on political spending put in place during the auto maker's U.S.-financed bankruptcy restructuring last year.

The Detroit company gave $90,500 to candidates running in the current election cycle, Federal Election Commission records show.

GM Resumes Campaign Contributions The beneficiaries include Midwestern lawmakers, mostly Democrats, who have traditionally supported the industry's legislative agenda on Capitol Hill, including Sen. Debbie Stabenow (D., Mich.), Sen. Sherrod Brown (D., Ohio) and Rep. John Dingell (D., Mich.).

The list also includes Virginia Rep. Eric Cantor, the House Republican Whip, who would likely assume a top leadership post if Republicans win control of the House in November.

(Excerpt) Read more at online.wsj.com ...


TOPICS: Breaking News; Crime/Corruption; Government
KEYWORDS: bribes; democrats; generalmotors; payoffs
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Government Motors uses taxpayer bailout money to hand out to politicians. Why doesn't Geithner just start handing cash directly to the DNC!

Cantor had better return the donation!

1 posted on 09/23/2010 7:40:58 AM PDT by Obadiah
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To: Obadiah

Do not buy GM.

Cantor is an ass.


2 posted on 09/23/2010 7:41:55 AM PDT by dforest
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To: Obadiah

Since GM is now owned by the people of the US, isn’t this kind of an illegal activity and unconstitutional.


3 posted on 09/23/2010 7:42:40 AM PDT by Ev Reeman
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To: Obadiah

Dingell? You have to put a mirror in front of his face to make sure he is still breathing.


4 posted on 09/23/2010 7:42:56 AM PDT by Old Retired Army Guy (tHE)
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To: indylindy

There are so many things wrong with this it’s hard to know where to start.


5 posted on 09/23/2010 7:42:56 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Obadiah
GM Resumes Campaign Contributions The beneficiaries include Midwestern lawmakers, mostly Democrats...

WHAT? You mean a Government carmaker, Communist in it's makeup, takes a bailout then returns that money to Democrats and Socialists?

Color me shocked.

6 posted on 09/23/2010 7:45:37 AM PDT by Lazamataz (The battle lines are drawn: On one side, are Dems and Repubs. On the other, the Tea Party (us).)
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To: Old Retired Army Guy

That would work for humans, his image wouldn’t appear.


7 posted on 09/23/2010 7:45:40 AM PDT by yesca (..belief is the enemy)
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To: Ev Reeman

Yet another reason why they should have never been given a bailout...It compromises their freedom to speak politically.

Now we are heaving this total waste of money and they are throwing it back to their masters / benefactors....

Tell me there wasn’t a call of some kind to remind them which side is the buttered side. Tell me there wasn’t some kind of quid pro quo back in the original bailout closed door discussions....

I can’t and don’t believe it.


8 posted on 09/23/2010 7:46:08 AM PDT by WAW (Which enumerated power?)
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To: Obadiah
Cantor should contribute any funds received from GM to a Michigan Republican’s campaign.
9 posted on 09/23/2010 7:46:42 AM PDT by Mobties (Let the markets work! Reduce the government footprint!)
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To: WAW

Chrysler Workers Busted Drinking and Smoking Weed on The Job (Video of UAW hard at Work)

http://www.freerepublic.com/focus/f-news/2594829/posts


10 posted on 09/23/2010 7:47:20 AM PDT by Scythian
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To: Ev Reeman

Since GM is now owned by the people of the US, isn’t this kind of an illegal activity and unconstitutional.


Be quiet, citizen. The IRS will audit you if you question the State./s


11 posted on 09/23/2010 7:47:37 AM PDT by unkus
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To: Obadiah

Well, this settles the question as to whether bailout funds are being used for political campaigns.


12 posted on 09/23/2010 7:47:49 AM PDT by ScottinVA (The West needs to act NOW to aggressively treat its metastasizing islaminoma!)
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To: Eric in the Ozarks

Is it against the law for a Government owned entity to contribute to political campaigns?.................Fannie, Freddie, GM, Chrysler come to mind...........


13 posted on 09/23/2010 7:47:59 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: Obadiah

GM is a concubine of the Government.


14 posted on 09/23/2010 7:48:43 AM PDT by AU72
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To: Obadiah
The bailouts were a democrat graft scheme where the bailed out companies launder the public money back into their own campaigns as political donations.

The federal government is donating money to itself via GM. What a shell game!

What's happening now can be explained like this: people go to the bank to make a deposit. When they look through the front door, they see a bank robber stealing the deposits of customers such as AIG, GM and SEIU. The bank robber is screaming that he will start emptying the vault after he's finished stealing all the depositors' money.

Would you walk through the front door? No, you would wait for the robber to leave -- and be sure he won't return before you venture inside.

That robber is Obama.

There can be no doubt that what Obama seeks is to overthrow the Constitutional Republic that we have enjoyed for the past 230+ years.

Look at what we have become in 18 months.

He must be thrilled. Time for some hoops. Time to take a swim. Time for some ice cream. Up yours America.

Liar = Obama.

Cheater = Feds.

Thief = Congress.

Con artist = Piss-Stream Media.

If we do not get this man out of office through impeachment as soon as possible, we might not have a nation by the time 2012 comes around.

WAKE UP AMERICA

President Obama salutes
President Obama salutes
15 posted on 09/23/2010 7:48:48 AM PDT by BobP (The piss-stream media - Never to be watched again in my house)
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To: Red Badger

Fannie & Freddy do it all the time. In the millions $$.


16 posted on 09/23/2010 7:49:30 AM PDT by Eric in the Ozarks (Impeachment !)
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To: Obadiah

unions, management and government destroyed gm.

i’ll never buy another american, union-made auto again.


17 posted on 09/23/2010 7:50:48 AM PDT by ken21 (who runs the gop?)
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To: Obadiah

should be illegal


18 posted on 09/23/2010 7:51:47 AM PDT by PMAS
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To: Eric in the Ozarks

Well it SHOULD be against the law. Especially if the entity was BAILED OUT with taxpayer funds.................


19 posted on 09/23/2010 7:51:49 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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To: AU72

Courtesan is more like it...............


20 posted on 09/23/2010 7:52:41 AM PDT by Red Badger (No, Obama's not the Antichrist. But he does have him in his MY FAVES.............)
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