GM alive But shareholders were killed. Dri
Post# of 65629
Posted On: 02/16/2016 11:33:18 AM
Re: ErnieBilco #2170
Quote:
GM alive
But shareholders were killed.
Drivers of their substandard cheapo ignition switches have been killed while others have been in accidents that NTSA and GM failed to detect during the years and years of using substandard parts.
True, and deplorable. But the bridge loan to the auto companies that took it....GM and Ford....and the bailout authorized by Obama did save an industry and supplier network. The unemployment would have reportedly increased by another million people, it has been reported.
Bush, with TARP and the auto loans, was no less of a 'king' than Obama is alleged to be.
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