Since "we the people" were forced to bail out GM?

**Verusanct** · 07-05-2009, 03:50 PM

technically, the "thanks for saving our *** sale" is that they're still in business. If they had gone out of business completely... well, that would be a bunch of jobs that people would lose which would make our economy even worse than it is already.

**Freedom Splashed My Face** · 07-05-2009, 03:51 PM

The late Republican senator from Michigan, Vandenburg, would have approved. He was GM's point man in the Senate his entire career.

**Albert The Puerto Rican** · 07-05-2009, 03:53 PM

Liberals want the government to do all for the... I ask liberals this "Did you make yourself successful, or did the government make u successful?"

BTW letting them go into bankruptcy is better than destroying our economy and having our children pay for it...

**Steven J** · 07-05-2009, 03:54 PM

No they have the special Iranian version for you and your ilk, : the Imanutjob. It will be all talk and no action, basically a dud. Just like the Iranian President.

**Mexigrl** · 07-05-2009, 03:55 PM

No, we loaned GM money - just the same as we did to Wall Street. As you have seen many of the large banks are paying back the money with interest. That is certainly the hope with GM. Whether it will work or not remains to be seen.

As Bush started the bail-out and Obama finished it I'm not sure who you'd like to "blame" but to the millions of people that are still working for GM and all the other companies down the line I'd say it was a difficult but necessary decision.

**Armchair Goddess** · 07-05-2009, 04:01 PM

If you were paying attention last week, GM announced openings for 300 jobs on Bloomberg News, and their stock rose by 7% when two other car companies reportedly lost value. There is a tax break of up to $800 in the Stimulus Bill for those who buy American-made cars.
Ten of the 400 banks that received TARP money asked to pay back our Treasury earlier than had been planned---to the tune of $84 billion, which incudes interest on the loans they received. The best way GM and its workers than do is make a good product and then sell that product.