December 17, 2013

Talk about thanking the taxpayer - Government General Motors

Where do they think that money came from in the first place? From USA Today:
Should GM repay $10B rescue cost? CEO says no
The General Motors bailout may have cost the government $10 billion, but GM CEO Dan Akerson rejects any suggestion that the company should compensate for the losses.

He says Treasury officials took the same risk assumed by anyone who purchases stock.
That money came from our tax dollars and was a loan. I reject any suggestion that I should buy a General Motors product at any time now or in the future. Posted by DaveH at December 17, 2013 7:39 PM
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