DamnYankee
Loyal to the end
I was cleaning out the garage last night and heard an advertisement on the radio by the CEO of GM that they had paid back their "loan" 5 years ahead of schedule. I was skeptical of that then a friend emailed me an article this morning:
And of course Chia Biden is a fucking liar on the subject:
http://www.foxnews.com/politics/201...gm-administration-loans-repaid-bailout-money/
How stupid do they think we are?
A top Senate Republican on Thursday accused the Obama administration of misleading taxpayers about General Motors' loan repayment, saying the struggling auto giant was only able to repay its bailout money by dipping into a separate pot of bailout money.
Sen. Chuck Grassley's charge was backed up by the inspector general for the bailout -- also known as the Trouble Asset Relief Program, or TARP. Watchdog Neil Barofsky told Fox News, as well as the Senate Finance Committee, that General Motors used bailout money to pay back the federal government.
"It appears to be nothing more than an elaborate TARP money shuffle," Grassley, the ranking Republican on the Senate Finance Committee, said in a letter Thursday to Treasury Secretary Timothy Geithner.
And of course Chia Biden is a fucking liar on the subject:
Vice President Biden on Wednesday called the GM repayment a "huge accomplishment."
http://www.foxnews.com/politics/201...gm-administration-loans-repaid-bailout-money/
How stupid do they think we are?