GM Pays Back Taxpayers (Again) With Taxpayers Money


A faded “Government Motors Co” logo that was painted on a wall of a Chicago Dealership.


Government Motors Chairman & CEO Ed Whitacre seated next to Treasury Secretary Timmy Geithner at the Dept of Treasury, whooping it up last week, after the nationalized auto company claimed that they have paid back a $5.8 Billion Dollar Loan “…in full, with interest, five years ahead of the original schedule.”


Riiight—Nothing but a Taxpayer Rip-Off:

Government Motors pays back taxpayers (again) with taxpayers dollars.

On the 19 November, I wrote here that Government Motors began paying back bailout money with taxpayers dollars.

Xiao-Mei contributed to this post–Xiexie

This entry was posted on Monday, April 26th, 2010 at 5:41 pm and is filed under Government Motors, Obama Administration, Socialism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “GM Pays Back Taxpayers (Again) With Taxpayers Money”

  1. Tweets that mention ยป GM Pays Back Taxpayers (Again) With Taxpayers Money Cristy Li -- Topsy.com says:
    April 26, 2010 at 5:52 pm

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