Bin Laden is DEAD & General Motors is ALIVE

[Mason Dixon]

61. Of course there was

First, TARP

I know I remember reading and listening to all those stories about banks sitting on money, but not lending it.

Second, TARP

The banks would had moved if the bailout wasn't stringless

Third, TARP

Well the NY Fed anyway, would have been the ultimate backer. Turns out they were anyway When TG got the top job. Who know's maybe that saved money.

My response to the OP is that GM probably would have come out looking about the same that it is, but it shouldn't have been considered too big to fail.

Plus I don't like the idea of the gov't owning a defense contractor. They don't just build cars you know. And they don't just build them in North America.

Its too complex of a company for the any President to be Chairman of the Board. And as GM largest stock holder that's exactly what President Obama is. The first thing he did was replace the CEO. Who else but the chairman can do that? And if the company's success is evidenced by profits, what's the POTUS doing to insure those profits and at what expense of some other private business?

Like giving the VOLT a 10k tax credit. Let me say that again: 10 thousand dollars back to you from the Chairman of the board.

Do any FORD hybrid vehicles enjoy that benefit?