Sunday, May 2, 2010

The GM Shell Game



So just how did GM pay back that government loan "in full and ahead of schedule?" Nick Gillespie of Reason TV explains the sleight of hand and chutzpa that went into this claim. You'd think a man with the stones to select himself as CEO because he could find no one better qualified would know better than run ads on national TV bragging about repaying a government loan repayment that didn't exactly happen as advertised.
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2 comments:

  1. DIY InvestorMay 2, 2010 at 2:59 PM

    GM should be running OMB...they could probably get us a surplus the way do the math!

    ReplyDelete
  2. The GrouchMay 3, 2010 at 5:23 AM

    We'd have nothing but balanced budgets are far as the eye can see.

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