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The “Oh So Ethical” Obama Administration – AKA Crony Capitalism

GM’s Government Fleet Sales and Truck Inventory Rise | National Legal and Policy Center.

It looks like General Motors will be throwing everything in but the kitchen sink to help fluff its second quarter earnings numbers. Taxpayers continue to help with the cause as President Obama campaigns on the “success” of GM following the manipulated bankruptcy process that cost taxpayers $50 billion and another $45 billion of tax credits gifted to GM to help protect powerful UAW interests. We now learn that government purchases of GM vehicles rose a whopping 79% in June.


1 madmemere { 07.20.12 at 3:02 pm }

GM is headed for the financial junk heap- -personally, I will never buy another GM product!


martin Reply:

Me ‘neither. Makes me sad, I always favored GM. Now it’s Ford or foreign for me.


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