"Our goal was never to make a profit," said a Treasury official who requested anonymity. "It was to save the U.S. auto industry."..................Corporate welfare to help win elections.
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To: mandaladon
Their goal was to save the union.
2 posted on
11/21/2013 9:33:23 AM PST by
marron
To: mandaladon
Great going guys! I sure as hell you all bought some of the GM stock at its high point...
3 posted on
11/21/2013 9:34:00 AM PST by
Gaffer
To: mandaladon
but it was worth it for the unions to support Obama
4 posted on
11/21/2013 9:34:43 AM PST by
Farnsworth
(Now playing in America: "Stupid is the new normal")
To: mandaladon
It is so easy to spend/lose someone else’s money or money that one borrows.
5 posted on
11/21/2013 9:36:37 AM PST by
Parmy
To: mandaladon
Yes, but the union will still own the stock that Obama stole for them. Still will not buy a GM product, even a used one. . . don’t want to even buy a part from the thieving SOBs.
6 posted on
11/21/2013 9:37:18 AM PST by
RatRipper
(The political left are utterly evil and corrupt)
To: mandaladon
10 Billion?
Maybe they could quit making Volts right now. Today.
And only lose 9 Billion.
7 posted on
11/21/2013 9:38:01 AM PST by
Responsibility2nd
(NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
To: mandaladon
Wait. Before the election Obama was saying it was all paid back. He lied? I’m shocked.
8 posted on
11/21/2013 9:39:53 AM PST by
hattend
(Firearms and ammunition...the only growing industries under the Obama regime.)
To: mandaladon
Most of that 10 billion? Went right to the Unions in the form of Preferred Stock purchases, stock that had been confiscated from legitimate shareholders by the Obama Bankruptcy proceedings.Redistribution of wealth. Thats what these liberal fascists are about.
11 posted on
11/21/2013 9:40:57 AM PST by
Candor7
(Obama fascism article:(http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
To: mandaladon
Analysts have said Treasury's exit from GM would lift the "Government Motors" stigma from the automaker, "Analysts" admit the boycott has worked?
12 posted on
11/21/2013 9:41:54 AM PST by
hattend
(Firearms and ammunition...the only growing industries under the Obama regime.)
To: FReepers
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13 posted on
11/21/2013 9:48:34 AM PST by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: mandaladon
Ten billion here, ten billion there, pretty soon we’re talking big money.
14 posted on
11/21/2013 9:49:04 AM PST by
Jim Robinson
(Resistance to tyrants is obedience to God!!)
To: mandaladon
I'll never buy an Government (owned/bailout) Motor Auto.
15 posted on
11/21/2013 9:51:53 AM PST by
skinkinthegrass
(who'll take tomorrow,$pend it all today;who can take your income & tax it all away..0'Blowfly can :-)
To: mandaladon
“Our goal was never to make a profit,”
The government doesn’t know how to make a profit!
19 posted on
11/21/2013 9:58:31 AM PST by
Gamecock
(If you like your constitution, you can keep your constitution. Period. (M.S.))
To: mandaladon
Uncle Sam wouldn’t know how to make a profit with “free money” and slave labor.
23 posted on
11/21/2013 10:18:37 AM PST by
Minutemen
("It's a Religion of Peace")
To: mandaladon
24 posted on
11/21/2013 10:30:03 AM PST by
hosepipe
(This propaganda has been edited to include some fully orbed hyperbole..)
To: mandaladon
Analysts have said Treasury's exit from GM would lift the "Government Motors" stigma from the automaker, Not in my lifetime. GM will always be government motors and Ally Bank will always be Government Motors Bank.
25 posted on
11/21/2013 10:31:30 AM PST by
KarlInOhio
(Everyone get online for Obamacare on 10/1. Overload the system and crash it hard!)
To: mandaladon
Doubt it is true.
What is the other hand doing?
Dear Leader needs a vehicle to slap his name, face, and authority behind.
26 posted on
11/21/2013 10:35:44 AM PST by
Darksheare
(Try my coffee, first one's free..... Even robots will kill for it!)
To: mandaladon
Every time I see a "bowtie", this is what I'm actually reminded of ..........
27 posted on
11/21/2013 10:45:14 AM PST by
fishtank
(The denial of original sin is the root of liberalism.)
To: mandaladon
“Our goal was never to make a profit,”
Of course not. You don’t worry about such frivolous things when you are using other people’s money.
29 posted on
11/21/2013 11:05:16 AM PST by
headstamp 2
(What would Scooby do?)
To: mandaladon
It’s all part of the plan to bring America to its knees.
30 posted on
11/21/2013 11:27:46 AM PST by
bgill
(This reply was mined before it was posted.)
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