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GM STILL WENT BANKRUPT AFTER THE GOV'T BAILOUT PEOPLE!!!?
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
- 9 years agoFavorite 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 45 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.
- gimpalomgLv 79 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 69 years ago
The bailout, which started under Bush, made it possible for GM to actually exist after the bankruptcy.
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- Bolt ThrowerLv 79 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 lLv 59 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
- WhitneyLv 49 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 - Anonymous9 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.