GM is paying back Uncle Sam to shake him down for more money
VOTE EVERY SINGLE POLITICIAN, IRRESPECTIVE OF PARTY, OUT THIS NOVEMBER, THEY ARE ALL GUILTY CROOKS.
~ Uncle Russ
GM CEO Ed Whitacre announced in a Wall Street Journal column Wednesday that his company has paid back its government bailout loan “in full, with interest, years ahead of schedule.” He is even running TV ads on all major networks to that effect–a needless expense given that a credulous media is only too happy to parrot his claims for free. Detroit Free Press‘ Mike Thompson, for example, advises bailout proponents to start “warming up their vocal chords” to jeer their opponents with chants of “I told you so.”