Maybe when or if they ever pay back the billions that was spent to bail them out. Until then I'll give credit to the companies that didn't require bailing out.
I have been wondering why I don't hear more blame of the George W. Bush administration for the oil spill disaster in the Gulf. (I do hear some.) Clearly, his administration is responsible for its failure to properly regulate the oil and gas industry.
Maybe when or if they ever pay back the billions that was spent to bail them out. Until then I'll give credit to the companies that didn't require bailing out.
ReplyDeleteWas wondering what took you so long to trumpet the GM load "payback".
ReplyDeleteSo GM uses part of the $50B it was given by the U.S. Govt to transfer $6.7B from one taxpayer-funded TARP Account to another.
In the private sector that is called fraud.
And to top it off Obama lackey Whitacre appears in a commercial giving the false impression the whole $50B has been repaid.
Apparently a sham even you have bought James.
And I imagine it gives little comfort to the creditors and bondholders whose equity was wiped away by Obama, allowing GM to show a pseudo-profit now.
I have been wondering why I don't hear more blame of the George W. Bush administration for the oil spill disaster in the Gulf. (I do hear some.) Clearly, his administration is responsible for its failure to properly regulate the oil and gas industry.
ReplyDelete