WE SURE DO NOT NEED THIS! 25 BILLION LOSS!

WE SURE DO NOT NEED THIS! 25 BILLION LOSS!. Government Motors, the gift that keeps on screwing.

This post was last modified on January 26, 2021

CO2Insanity: Tired of the CO2 BS and all the other BS in the US and the world.

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  • From O's perspective GM was a great success. The bailout/faux bankruptcy maintained the jobs of the union O voters there until the 2012 elections. This was the main purpose of the operation, and it worked. 25 MMM to buy these votes, money that the O campaign doesn't have to pay, is a democrat party success.

  • You just gotta admit the Goobermint is just great at running a business....Just like Ted Bundy running a day care....more of your frickin' money down the shitter....

  • Remember when Oprah gave a free car to everyone in her studio audience... and then they discovered that they couldn't afford to keep them because the tabs and taxes were too much for them? Well, it seems her hero Obama has now done that to everyone in the USA.

    • How about the fact that our Olympic medal winners will owe crazy taxes on their wins? I mean, these people are representing US, and we reward them with a slap in the face? Yeah, I know that the endorsements they will get are huge, but that's not the point. http://tinyurl.com/c22t9mt

      Up until they win that medal, they have years of work and sweat and unless they happen to be independently wealthy, frugality. There are no guarantees that they will win,but when they do, they win for the entire nation. And they come home with, at most $25k for a gold, and a tax bill of as much as $9k of that. Hey, thanks for the hard work - now hand over the goods!

      • Karmaa, didn't you hear "the one" tell them "You didn't win that". Therefore all monies are subject to confiscation and redistribution to the less fortunate, IOW those too fat and lazy to do sports.

        • @sidekick - excellent point. I hadn't thought of that!
          @poppajoe - I just happened to see an article about FLOTUS being on Jay Leno with that cutie Gabby Douglass. The kid said she came back to the US and got a McDonald's breakfast sandwich, and MO scolded her! Just when you think that these hypocrites can't get any lower - they do.

          • Gabby Douglass has less fat on her entire Olympic team than FLOTUS has in that gigantic ass of hers. I am so freakin' tired of that nasty harpy.

          • Last I checked this was still a free country. If someone wants to eat at McDonald's so be it, IT IS THEIR CHOICE. The FLOTUS does not understand the US constitution, hell to her our flag is "just some stupid flag".

      • Maybe I'm the one who is way out of touch but what is the IOC doing handing out money for winning a medal in the first place? The tax issue aside, I thought the whole idea was amateurism (yeah, I know basketball and hockey killed that) not mercenary style payouts. I accept any and all criticism from my friends here at IHTM.

        • No Kick, I always thought it was for the medals, I never knew about the money until this year.

  • "So now, I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry." [Barack Obama 08/10/12]

    Obama combines economic illiteracy with corruption and then boasts about his "success" to an audience of hand picked drones. This nation is going bankrupt from this lying imbecile's "successes".

  • Using Progressive math, a $25 billion loss translates into a profit, because it's $75 trillion dollars less than it would have been if...wait a sec, I've got some extra zeroes her someplace...$50 million more than...er, something that would been...no...hmmm. Well, at any rate this what BO is going to do for the rest of the private sector if we let him get away with it.

    • You're starting to sound like DWS, AKA Sharktooth.
      Just saw her spewing her BS on F&F this morning, and realized that on a 42" flat screen, she's even more disturbing looking than on these little youtube clips they post here.
      Her hair is disgusting enough, but watching her talk shows just how scary-pointy her teeth are! Like Jaws on 2 legs!