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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (827012)1/1/2015 11:21:02 AM
From: locogringo1 Recommendation

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FJB

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Don't forget to spin and fudge and lie about that very profitable GM bailout:

The Truth About the GM Bailout

"That’s the bad news—especially bad for the taxpayers, because it means we’ve lost roughly $11 billion in the government’s experiment in big business, with no real prospect that the market performance of GM will turn around anytime soon—not as long as the government is calling the shots, anyway.

There is no justification for sticking the taxpayers with the bill for this misadventure. The taxpayers didn’t want the bailout in the first place—every poll, not to mention the 2010 elections—confirms that view.

As things now stand, the taxpayers are innocent victims of the fraud that the bailout constituted from the beginning. Therefore, the only fair way to correct the injustice is to require General Motors to repay the taxpayers the $11 billion, or whatever the final amount turns out to be."


foxnews.com
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