Wednesday
Oct172012
MUST SEE - 'Drinking With Bob' On The GM Bailout
We've posted Bob's videos since we launched almost 4 years ago, but it's been awhile. There will probably be more in the future.
Intense.
"We didn't bail out GM to save America or the American worker. We bailed out General Motors to save General Motors and that's wrong! It's freaking wrong!"
Some recent GM links:
- Goldman Alum Roger Altman STEALS $46 Million in GM Bailout
- RIPOFF - Taxpayers Help Fund Chevy Volt Village
- Chevy Volt Costing Taxpayers Up To $250K Per Vehicle
- GM Bailout Tracker - Not Going Well For Taxpayers
- UPDATE - Auto bailout will cost taxpayers $3.4 billion more than previously thought
- STILL WAITING FOR OUR MONEY BACK - GOV'T MOTORS Spends $600M To Sponsor Manchester United While Owing $27 Billion To U.S. Taxpayers
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Excellent GM bailout song:
Reader Comments (8)
Wonder if Bob would do a rant about Bush & the WMD?
http://dailybail.com/home/like-a-crock-how-the-hell-did-gm-pay-back-its-loans-in-full.html
Report: GE Capital Is Close To Systemic Risk Designation
I wrote about GE Capital just the other day. When last we checked, they were using their nominal bank status to collect bank bailout money -- but avoid the same restrictions as banks, thanks to intense lobbying that always seems to work when it's on the behalf of the bad guys. CEO Jeffrey Immelt (who is leading Obama's job creation efforts - funny, how most of GE's jobs went out the door to other countries) is also lobbying for the Grand Bargain.
Now it turns out that his company (which seems to be operate more like a casino) is about to be designated a systemic risk. Which means if they tank, we'll hand them even more money and talk to them sternly to protect the whole house of cards!
more
http://crooksandliars.com/susie-madrak/report-ge-capital-close-systemic-risk
http://dailybail.com/home/ge-dumps-offshore-wind-power-plans-after-collecting-125-mill.html