Emails: Jen Psaki knew Treasury edited GM press releases ....

TheDC obtained these internal Treasury Department documents in 2011 but an agreement with the source prevented their publication until now. The inclusion of Psaki, Deese and Brundage in these communications is reported here for the first time. (RELATED: Private emails detail Obama admin involvement in cutting non-union worker pensions post-GM bailout)

Psaki has since returned to Obama’s political campaign as his traveling press secretary.

Electric Car Batteries Going Nowhere.....

Another green-energy-related company built on government subsidies is having trouble keeping its head above water.

This time, the scandal surrounds Chemical Power, a subsidiary of LG Chem. In 2010, the Obama Administration proudly gave Chemical Power a $150 million grant to build a vehicle battery manufacturing facility in Michigan. These batteries were to be used in two plug-in electric vehicles, the Chevy Volt and the Ford Focus.

Obama: ‘We Got Back Every Dime’ of Bailout; CBO: Bailout Will Lose $24 Billion.......

 President Barack Obama said on Thursday that “we got back every dime we used to rescue the financial system."

According to the Congressional Budget Office, however, the government will lose about $24 billion on the bailout.

U.S. Treasury Turns Down GM’s Offer to Buy Back Shares .....

Truth hurts when it sees the light of day.....

General Motors Co. executives want the Treasury Department to sell its almost 27 percent stake in the company because, they say, the feds are hurting their image and government pay restrictions are chasing away top talent.

But Treasury officials aren’t interested in selling because it would mean posting a multibillion dollar loss during an election year, the Wall Street Journal reports.