NAME ONE THING OBAMA HAS DONE RIGHT... WITH FACTS AND STATISTICS.

[AFSil80]

The GM bailout is not something to be proud of, BTW.

Also, pretty sure it was SEALs that killed the Somali pirates, and so no credit to Ol'Barry for that one...esp since he sat on his hands during Benghazi.

[David88vert]

The GM bailout is not something to be proud of, BTW.

Also, pretty sure it was SEALs that killed the Somali pirates, and so no credit to Ol'Barry for that one...esp since he sat on his hands during Benghazi.

The approval order supposedly came from the President on that one.
As Commander-In-Chief, the blame for failures and credit for successes both land on his shoulders. That's true for all US Presidents.

[AFSil80]

The approval order supposedly came from the President on that one.
As Commander-In-Chief, the blame for failures and credit for successes both land on his shoulders. That's true for all US Presidents.

And the GM bailout was/is a huge failure. $26B expense on the tax payers' dime + buying in on failing stock, to be accurate.

[David88vert]

And the GM bailout was/is a huge failure. $26B expense on the tax payers' dime + buying in on failing stock, to be accurate.

GM Bailout Ends as U.S. Sells Last of

[Vteckidd]

[Sinfix_15]

Pretty insensative to mock the families of fallen soldiers.

I ask the same questions they do.

[Vteckidd]

Pretty insensative to mock the families of fallen soldiers.

I ask the same questions they do.

lol hes dead man. Somehow i doubt you are offended. youre not exactly MR Sensitivity.

[AFSil80]

GM Bailout Ends as U.S. Sells Last of

Stocks closed at $40 in that article.

Forbes claimed the stock needed to rise to $53/share to break even. That's a $13 loss per share. And the $26B I was referring to was the money that went straight to the UAW that was never repaid to the tax payer. That's where a large chunk of that 9.7% shareholder stake mentioned in the last line is about since that was part of the deal.

Killing off Pontiac was another requirement...but you didn't hear about the jobs lost from that, did ya?

[David88vert]

Stocks closed at $40 in that article.

Forbes claimed the stock needed to rise to $53/share to break even. That's a $13 loss per share. And the $26B I was referring to was the money that went straight to the UAW that was never repaid to the tax payer. That's where a large chunk of that 9.7% shareholder stake mentioned in the last line is about since that was part of the deal.

Killing off Pontiac was another requirement...but you didn't hear about the jobs lost from that, did ya?

Overall, the US government did loose a little over $10B of taxpayer money on the bailout of GM. The argument is that over $100B of value would have been lost if GM went under.
Personally, I was against the bailout at the time.