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GM bailout: Taxpayers get screwed again

VF500

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Foreign owned companies in China and other Asian countries have gotten the first shot at buying shares of GM. What do American taxpayers get for bailing out GM? Not squat. Where else can a company get billions of dollars in loans at zero percent interest and then turn around and screw the people who loaned them the money in the first place?

BTW, if the Chevy Volt is such a great car, how come the government (we the taxpayers) are having to subsidize the purchase price, of $41,000 dollars, to the tune of $7,500. Also, I want to know where all the extra electricity is going to come from for electic cars. Are we going to keep on paying huge subsidies to put up windmills? Without government sibsidies on them, they're a net loss in energy production.

Once again, Obama is sucking money out of this country and sending it off to foreign countries. That's why the US economy will never improve while he's in office. He's still fighting his father's anti-colonial war of the 1900's and wants to bankrupt the United States.
 

liblady

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Foreign owned companies in China and other Asian countries have gotten the first shot at buying shares of GM. What do American taxpayers get for bailing out GM? Not squat. Where else can a company get a billions of dollars in loans at zero percent interest and then turn around and screw the people who loaned them the money in the first place?

BTW, if the Chevy Volt is such a great car, how come the government (we the taxpayers) are having to subsidize the purchase price, of $41,000 dollars, to the tune of $7,500. Also, I want to know where all the extra electricity is going to come from for electic cars. Are we going to keep on paying huge subsidies to put up windmills? Without government sibsidies on them, they're a net loss in energy production.

Once again, Obama is sucking money out of this country and sending it off to foreign countries. That's why the US economy will never improve while he's in office. He's still fighting his father's anti-colonial war of the 1900's and wants to bankrupt the United States.
they do? how so?
 
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