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Gubbmint Motors not doing so well, even with O'bungle interference.

Alinvegas

Alinvegas

KING
King Midas, he's not. Everything O'bungle touches, turns to shit!

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Government Motors: As GM shares near record low, taxpayer loss on bailout rises to $35 billion


General Motors(GM) shares fell to a fresh 2012 closing low of 19.57 on Monday. The stock hit 19 in mid-December, the lowest since the auto giant came public at $33 in November 2010 following its June 2009 bankruptcy.

Normally you might say, tough luck investors. But this is Government Motors. The Treasury still owns 26.5% of GM, or 500 million shares. Taxpayers are still out $26.4 billion in direct aid. Shares would have to hit $53 for the government to break even.

Those shares were worth about $9.8 billion as of Monday. That would leave taxpayers with a loss of $16.6 billion.
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http://news.investors.com/article/6...ailout-taxpayer-loss-rises-as-shares-fall.htm
 
Alinvegas said:
King Midas, he's not. Everything O'bungle touches, turns to shit!

View attachment 1864


Government Motors: As GM shares near record low, taxpayer loss on bailout rises to $35 billion





http://news.investors.com/article/6...ailout-taxpayer-loss-rises-as-shares-fall.htm
Click to expand...

"Investors Business Daily also carries editorials and columns on topics from "economics and government to politics and culture".[4] It carries columns from writers it describes as "On The Left and On The Right",[5] including L. Brent Bozell, Richard Cohen, E. J. Dionne, Victor Davis Hanson, Charles Krauthammer, and Thomas Sowell. Pulitzer-winning cartoonist Michael Ramirez has worked for IBD since late 2005. Investors Business Daily also publishes editorials skeptical of peak oil and global warming, often proposing alternate solutions. The Times has characterized IBD as a "right-wing newspaper".[6]

"On July 31, 2009, an editorial in IBD touted the superiority of U.S. healthcare and argued that physicist Stephen Hawking "wouldn't have a chance in the U.K., where the [British] National Health Service would say the life of this brilliant man, because of his physical handicaps, is essentially worthless."[7] As Hawking has always lived in the U.K. and receives his medical care from the NHS, the editorial was widely criticized."[6][8][9]

http://en.wikipedia.org/wiki/Investor's_Business_Daily
 
Fox "News" is the source.... Do you Republicans know that in the lawsuit brought against FOX for lying and spreading propaganda FOX's primary defense was: "We are not a NEWS company, we are an ENTERTAINMENT Company, and we never said we had to provide facts because what we do is ENTERTAIN; we do not provide news..."

Yet you think the ENTERTAINMENT they provide is real news and facts!!!!! It is lies and propaganda and YOU slurp it up with your other swill (Right Wing Radio!)
 
Chew on this gaybie:
Zoar said:
Fox "News" is the source.... Do you Republicans know that in the lawsuit brought against FOX for lying and spreading propaganda FOX's primary defense was: "We are not a NEWS company, we are an ENTERTAINMENT Company, and we never said we had to provide facts because what we do is ENTERTAIN; we do not provide news..."

Yet you think the ENTERTAINMENT they provide is real news and facts!!!!! It is lies and propaganda and YOU slurp it up with your other swill (Right Wing Radio!)
Click to expand...
 
Looks like a buy to me!!!!

Shares went up 5% today, and GM recorded a 16% increase in sales in June over last year.
 
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