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GM STILL WENT BANKRUPT AFTER THE GOV'T BAILOUT PEOPLE!!!?

Update:

The GM that existed at that time no longer exists now. It is an entirely NEW company owned mostly by the government. And no mention of people who owned stock who lost money in this little exchange. Anyone have the answer to that question?

9 Answers

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  • 9 years ago
    Favorite Answer

    Hey Whitney P

    You are WRONG

    THE USA STILL OWNS GM STOCK AND ITS NOT WORTH WHAT WE PAID FOR IT

    OBUMMER IS A LIER

    AND YOU ARE AN IDIOT

    OBAMA HAS HAD HIS CHANCE AND NOT BROUGHT THIS COUNTRY TOGETHER

    ROMNEY WAS RIGHT!!!

    47 Million Americans WILL VOTE FOR OBAMA NO MATTER WHAT ROMNEY SAYS!!!

    That's a fact

    47% of Americans will VOTE FOR ROMNEY NO MATTER WHAT OBAMA SAYS!

    That's also a fact

    What Romney said is true!

    For Romney to get elected, he has to reach out to the 6% of Americans,

    Independent voters, like me, that will decide this election!!!

    Look at what Obama has done to get votes

    He never pushed the Dream Act to let illegal aliens stay in America for the first two years he had the house and senate in his pocket and could have passed it legally

    So what does the dirty politician do!

    Obama needs Latin votes to win

    So he uses executive order temporarily stoping our law enforcement community from deporting illegal aliens

    As president, Obama swore,when he took the oath of office, to uphold the laws of the USA

    HE HAS BROKEN HIS WORD

    BUT HE WILL GET HIS VOTES

    47% of Americans pay NO FED INCOME TAX!!!!!

    Obama talks about the rich paying their fair share

    THE RICH 1% PAY 39% OF ALL FED INCOME TAX NOW!

    THE 52% WHICH IS THE MIDDLE CLASS PAY THE REST!

    47% ARE ON THE TAKE

    Obama changed the requirement for welfare recipients to prove that they were looking for work

    Now they just get a check

    Don't have to try to get a job anymore

    What that DIRTY POLITICIAN DID

    WAS REMOVE EVERYONE WHO COLLECTS WELFARE FROM BEING COUNTED AS UNEMPLOYED!!!!

    THAT'S WHY THE NEW 7.8% UNEMPLOYMENT FIGURES DON'T ADD UP!!!

    He again did it for votes

    This guy is the worst kind of dirty politician there ever was

    And the media is backing him

    Facts are facts

    Here they are

    50% of black kids drop out of high school

    Can't get a job because they can't read or write

    The unemployment rate umong young blacks is over 50%!!!

    What has the president or the democrats done for them???

    75% of all black babies are born to uneducated unwed under age mothers

    They and their mothers will be collecting money for housing, food, and healthcare for the rest of their lives

    Is this behavior fair and acceptable to the rest of Americans who are responsible and live within their means

    Why would it be fair that they are being asked to pay more tax to fund this bad behavior?

    93% of all crime committed in America are committed by minorities!!!

    93%!!!

    They are breeding criminals!!!

    We have to spend more and more money on law enforcement and jails to house them!

    Now you never hear the president say that these people look like him

    Only Trevon Martin

    Why is that???

    Everyone says that Romney needs to be more specific

    But where is Obama's plan?

    The fact is that Obama's plan is his budget

    For three straight years, Obama has put forth a budget to the congress that received NOT ONE VOTE!

    NOT ONE VOTE FROM REPUBLICANS

    BUT NOT ONE VOTE FROM DEMOCRATS EITHER!!!!!

    DEMOCRATS AGREE THAT THE PRESIDENTS BUDGET IS UN VOTEABLE

    They blame the republicans for stalling but

    THE DEMOCRATS WON'T VOTE FOR OBAMA'S PLAN

    SO WHAT WILL OBAMA DO???

    HE WON'T CHANGE HIS PLAN

    SO WE WILL HAVE FOUR MORE YEARS OF STAGNANT GROWTH!!!!

    NO JOBS

    NO PLAN

    NO BUDGET

    JUST BORROW AND BORROW AND BORROW MORE MONEY TILL WE ARE SO BROKE WE FAIL!!!

    GREAT PLAN

    WAKE UP AMERICA

    WHEN YOU DON'T GET THE JOB DONE

    YOU GET FIRED IN THE REAL WORLD

    He has disgraced the the UNITED STATES AND IT'S PRINCIPALS

    HE CALLED THE DEATH OF OUR AMBASSADOR AND THREE OTHER BRAVE AMERICANS A

    "BUMP IN THE ROAD"

    While lying to us and apologizing to the Muslims

    OBAMA IS SHAMELESS

    HE IS A DISASTER

    STOP DEFENDING THIS FRAUD

    HE COULDN'T ANSWER ROMNEY'S CHARGES AT THE DEBATE BECAUSE THEY WERE TRUE!!!

    OBAMA HAS GOT TO GO!!!

    by the way, I'm a registered independent voter

  • ?
    Lv 4
    5 years ago

    1. Not like the fiscal sector, the auto sector in the us now not "owns" congress and the White residence. 2. The fiscal sector got there first and nabbed the entire bail out money. By the time GM and Chrysler came watching for help, public sentiment was once so towards extra bail-outs, they didn't have a danger. Three. The GOP, at the same time in the minority, nonetheless has the vigor to hold up and even scuttle a lot of laws. And the Republicans are greater than happy to sacrifice a gigantic car enterprise or two if it outcome in a ultimate dying blow to the UAW.

  • 9 years ago

    I also heard that 7 out of 10 GM cars are produced overseas.

    The Government (Tax Payers) own a little more than 25% of GM.

  • ?
    Lv 6
    9 years ago

    The bailout, which started under Bush, made it possible for GM to actually exist after the bankruptcy.

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  • 9 years ago

    that money was used to fund both gm and Chrysler while they went through bankruptcy.Romney,the twit he is stated they "private funders"should fund gm and Chrysler.like 80 billion is just lying around in someones back pocket.

  • john l
    Lv 5
    9 years ago

    No shiznitz it went bankrupt and was struggling. uS didnt give more China gave Gm stimilus money and bought their stocks China owns apart of Gm from that. Taht is why china tells their people to buy gm casue they own apart of that company

  • 9 years ago

    No didn't it you idiot. I live Michigan and auto bailout really help out detroit. GM added more jobs and paid back all of the money. STOP WATCHING FAUX NEWS

    Source(s): I LIVE IN THE STATE OF MICHIGAN
  • Anonymous
    9 years ago

    I thought the Chinese bought General Motors, why isnt it a great wall?

    Source(s): hyundai or somethink?
  • 9 years ago

    You're correct. More proof Obama is not the man to get the job done when it comes to the American economy.

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