Quote:
Originally Posted by WongBob
Is anyone picking up what I'm putting down? WE gave them the money to bail them out... now WE are going to pay their debt to US off.
Does anyone else see what I'm seeing?!?!
Dont get me wrong... I own nothing but GM products because, well, they are simply the best, but they are double dipping hard on this.
I would also like to personally thank the engineers at Toyota for assisting GM in paying back this loan by making more than a few defective cars.
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I get exactly what you're saying and can't figure out why others can't see it. GM needs to initially buy back the stock the from the taxpayers. THEN sell it to investors. Selling stock to the taxpayers twice is getting a free ride and pretty much loan forgiveness.