Bionic Man wrote:
goducks10 wrote:
Bob Landry wrote:
I would never buy anything that the Federal government has had their hands in, and yes, I'm politically motivated, so that means GM and Ram are off the table foe me.
GM must have adopted their current strategy from the Postal Service. Take a product(or service) that is slumping with low demand and announce that you are going to make it more expensive. Sounds like a great business model to me.
Here's some good reading;
http://www.forbes.com/sites/joannmuller/2012/08/29/automakers-report-card-who-still-owes-taxpayers-money-the-answer-might-surprise-you/
So silly of you to combat hyperbole with fact. ;)
Loan = Last time I got a loan it meant I had to pay it back.. with interest.
Bail out = handout, sometimes SOME of the money is paid back without interest.
With the bail outs there was some Communist, Chicago thug who made heads roll on the Corporate ladder. Nope! No difference between a loan or a bail out.
