Posted on 06/04/2009 9:43:17 AM PDT by lifeisacarnival
Big auto and mortgage lender GMAC LLC, which has received $12.5 billion in federal bailout aid, spent $410,000 lobbying in the first quarter on legislation putting restrictions on companies receiving the rescue money, its restructuring as a bank holding company and other issues, according to a recent disclosure report.
(Excerpt) Read more at washingtonexaminer.com ...
Government Motors: "The cars are so nice, you'll pay for them thrice."
That’s how our government works. So it goes.
Nothing to see here...move along...
good return on investment.
Gmac shows the way, lobby congress pays.
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