Very few failed to receive the sheet music.
Mentioned was that We the Taxpayers were conscripted to bailout GM to the tune of $50 billion.
continue to campaign for reelection on its titanically-failed “success."
about $30 billion.
Obama-Democrat stalwart United Autoworkers Union.
500+ million shares of GM stock. Which we need to sell at $53 per. Which debuted post-bankruptcy at $33 per. And which is currently trading at just over $20 per. Meaning we’ll lose about $15 billion. How’s that for “success?”
We now learn that government purchases of GM vehicles rose a whopping 79% in June.Meaning Barack Obama is now campaigning on the “success” of - the government buying cars from...the government’s car company. With our money.
That’s like you setting up a lemonade stand for your kids. You buy them the lemons, sugar, cups and pitchers - and then buy most of the lemonade yourself.
Except you are President Obama. Your kids are the United Autoworkers Union. And the lemonade cost $50 billion.
At least you get to tax your neighbors for the $50 billion.
Again - in what Bizarro-world is this auto bailout the “success” the Jurassic Press incessantly reports it is?