Obama’s General Motors About to Again Handsomely Reward Unions At Our Expense?

This is exactly why I'll never buy another GM vehicle.

GM had to file for bankruptcy anyway.

President Obama originally claimed we’d make money on our $50 billion. Seven months later, the Administration admitted we’d lose more than $16 billion – and dishonestly claimed the loss they had said would be a profit was “less than the(y) originally expected.”

GM last year claimed in a television ad campaign to have “repaid (their) government loan in full, with interest, five years ahead of the original schedule.” Which was another total lie. They had in fact paid back only a tiny fraction thereof – and had done so so with other government TARP money."