Obama’s General Motors Is Becoming China Motors On The U.S. taxpayers dime!

Pass this on!

While it was the U.S. taxpayers who bailed out G.M. and kept the company afloat to the benefit of the unions and detriment of secured bondholders, the corporation is now looking more and more like a subsidiary of the communist government in China!

A recent postscript on the bailout from Joshuapundit:

The cost of the Obama Administration’s bailout of General Motors keeps rising. GM shares fell to a 2012 low of 19.57 yesterday.

If you recall, GM’s starting share price in the company’s initial public offering (IPO) after the bailout was $33 per share. Most experts estimated that the stock would have to rise to at least $52 and by some estimates as high as $103 in order for the taxpayers to just break even on the large block of shares the government was holding as ‘collateral’ for the $85 billion bailout.

Source…

Commercial Of The Day: Ford Drive One Press Conference

Pass this on and buy a Ford!

I wasn’t going to buy another car that was bailed out by our government. I was gonna buy from a manufacturer that’s standing on their own, win, lose or draw. That’s what America’s about is, taking the chance to succeed and understanding when you fail, that you’ve gotta pick yourself up and go back to work. Ford is that company for me.

Ford Drive One “Press Conference: Chris” Commerical.

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