Quote:
Originally Posted by motorhead
I get all of that. What I don't get is why doesn't any of the media put that way. They always say that GM still owes the money. If that was the case then anyone that owns stock in a company must owe that company the money instead of owning the stock. Why don't they report as the government still owns a 33billion dollar stake in GM instead.
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There will always be political spin to make it say what you want it to say. Another example would be despite the massive empirical evidence that states otherwise, it is still taught in History/Economics that Hoover was a defender of lassiez-faire and literally FDR saved the United States. It does sort of still owe money to the taxpayers, although this particular wording is for the understanding of the common man to avoid technical babble.