Posts tagged as:

gm

Debt for Clunkers

August 5, 2009

As congressmen everywhere sing their own praises for saving the auto industry for 1 week, we must remember that this program is using borrowed money.  Our government is throwing around a billion dollars at a time like it is petty cash.  Now they plan on authorizing another 2 billion before the DOT releases data to [...]

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Riddle me this Batman.  If this financial crisis caused the demise of the once great GM, then how do you explain that they have not been profitable since 2004.  That’s a great question Mr. Riddler.  And such a simple one at that, but no one is really asking that one.
Obama’s government motors is by far [...]

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