Andy
Well-Known Member
- Joined
- Jan 6, 2008
- Messages
- 3,497
Another great socialistic move by our government to buy a $5 Billion dollar stake in GMAC. So let's get this straight. An auto manufacture is now running a bank, which lends money to buy cars, that the auto manufacture can not produce profitably.
But at least the cars it's producing at a loss, can be financed with the tax payers footing the bill. How much lobbing money did GMAC spend and to whom, I wonder.
Another brilliant move!
But at least the cars it's producing at a loss, can be financed with the tax payers footing the bill. How much lobbing money did GMAC spend and to whom, I wonder.
Another brilliant move!