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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

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To: WOBBLY BOB

my wife and i are happy with our new honda.

assembled in the u.s., mostly u.s.-canadian parts, by

non-union americans.


61 posted on 09/23/2010 10:54:15 AM PDT by ken21 (who runs the gop?)
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To: mrreaganaut

He should know about it and he shouldn’t accept it.


62 posted on 09/23/2010 10:55:40 AM PDT by cornelis
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To: Obadiah
TRANSLATION:GM Resumes Political Dying
63 posted on 09/23/2010 11:13:27 AM PDT by Lucky9teen (Obama is doing to America, what those planes did to the Twin Towers!)
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To: Obadiah

Looks like GM is going to have a lot of fun finding the money to donate. Both these threads were posted yesterday.


Gov’t needs $133.78 a share to recover GM money (currently trading at 36 cents!!!!)
http://www.freerepublic.com/focus/f-news/2594489/posts

GM Shares Must Reach $134 for Taxpayers to Break Even
http://www.freerepublic.com/focus/f-news/2594544/posts


64 posted on 09/23/2010 11:38:01 AM PDT by Arrowhead1952 (Remember in November. Clean the house on Nov. 2. / Progressive is a PC word for liberal democrat.)
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To: OldNavyVet
GM stock is now quoted around $0.69 per share, and trading isn’t happening, i.e, “volume” traded is zero.

That's old GM stock. It's worthless. It kept trading after GM bankruptcy for scammers and suckers, so the short sellers of GM couldn't just wave hands and take their profits.

The new GM stock isn't trading yet. GM itself is not going to sell any common shares, so the sale of GM shares is coming from the UAW and/or the U.S. gummit. It would have to trade at $133, plus interest, in order for the taxpayer to break even. The GM bondholders were screwed out of about $30 billion, as GM did have assets.

65 posted on 09/23/2010 11:57:43 AM PDT by bIlluminati (Don't just hope for change, work for change in 2010.)
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To: Obadiah

RRRRRR!!!

So they were so broke that they desperately needed a bailout.

But now they’re sending the money to liberal Democrats!

Welcome to Obamaland!!!


66 posted on 09/23/2010 1:37:27 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Obadiah

This is how Socialist states work.


67 posted on 09/23/2010 1:40:35 PM PDT by Tzimisce (No thanks. We have enough government already. - The Tick)
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To: Obadiah

I just wrote to Eric Cantor and asked him to return the donation. I urge all freepers to do likewise. He only takes emails from constituents so use the zip code 22701 to get through. This garbage has got to stop!

http://cantor.house.gov/contact.htm


68 posted on 09/23/2010 2:17:35 PM PDT by Upstate conservative
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To: 444Flyer

I don’t think they have an ounce of shame left. Nor do they understand who the money really belongs to.


69 posted on 09/23/2010 5:37:48 PM PDT by HollyB
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To: Obadiah

GM is Scum..and that includes Cantor.


70 posted on 09/23/2010 8:47:43 PM PDT by eleni121 (http://www.serfes.org/orthodox/memoryof.htm)
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To: indylindy

It’s best to buy Nissan or Toyota.

Nissan: headquarters in Nashville, factories in Tennessee, non-union employees.

I’ll never buy a UAW car. Never.


71 posted on 09/23/2010 9:35:38 PM PDT by CaspersGh0sts
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To: Obadiah
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.

Send it back, Eric. It's dirty money.

72 posted on 09/24/2010 6:30:59 AM PDT by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all. -- Texas Eagle)
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To: Eric in the Ozarks

Yup. No bonuses to executives, but political contributions to Democrats, hell yeah! GM is just another way to launder money. Taxpayer money.


73 posted on 09/26/2010 9:42:06 AM PDT by fhayek
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