The Cost of the GM Bailout on the Average Taxpayer

[Riot]

Originally Posted by dellinger63

Yea because instead of cars and trucks we'd be on horseback and in wagons without GM.

You have no answer to the cost to the nation of 1.2 million on unemployment insurance, etc. Just ignoring that? Got it

Keep beating the "bailout sucked" drum with your friend Mittens, and be sure to drive American. Your drum is getting pretty faint, however. BTW, ask Mittens why the government had to bail out, why private firms would not provide capital for managed bankruptcy and declined financial involvement - you know, like Bain Capital turned down involvement when it was specifically asked.

The rest of us will enjoy the success and the win for Detroit. Unemployment of 1.2 million Americans prevented, a thriving manufacturing industry saved. Yeah. That's a good thing to most.

[dellinger63]

Originally Posted by Riot

Keep beating the "bailout sucked" drum with your friend Mittens, and be sure to drive American. Your drum is getting pretty faint, however. BTW, ask Mittens why the government had to bail out, why private firms would not provide capital for managed bankruptcy and declined financial involvement - you know, like Bain Capital turned down involvement when it was specifically asked..

OK I'll take a wild guess. Maybe because they realized it was a $27 billion dollar loser? Same reason they didn't want anything to do with Solyndra?

Let me ask you something. How many employees of Lehman Bros and Art Andersen are still on unemployment?