• LB45 Posted: 5/6/2011 9:25am PDT

    Exactly how did we "get most of the money back" when there are hundreds of articles recently about exactly how much money "Treasury" is going to lose by selling off their shares in GM before 2012?
    Spin it how you want, GM was a sink hole for the U.S. Taxpayer. Despite the recent "profits" they aren't out of the woods yet.
    Call back in 3-5 years, tell us how it's going. See "Cruze" recalls for hints.

  • JKD Posted: 5/6/2011 6:29am PDT

    @Jim - Are you claiming that GM doesn't pay their share of employment and employee entitlement taxes (the other 9%) that your grandma lives of off? Are you insane? And how did you get screwed? You probably don't even pay taxes yourself (bottom half has no Fed tax liability), so what are you complaining about? We got the money back and 1/3 of the ownership will be offered to the investors any day now. I'm glad we kept the jobs that GM is required to pay taxes on (it's not just profit that gets taxed), didn't give up the brand to the thieving Chinese, and the only people getting screwed are the ones who actually pay taxes and that money is getting wasted building foreign infrastructure and supporting 200+ military bases overseas.

  • Jim Posted: 5/5/2011 9:18pm PDT

    And GM is not paying a dime in taxes, we were already screwed over during the bailout and that obviously still continues.

  • JKD Posted: 5/5/2011 1:25pm PDT

    Another feather in Obama's hat. No one can tell me that saving GM was a bad decision now... and we the taxpayers got most of the money back. It would have been sad to see it in Chinese hands. Gov't Motors all the way!