GM runs ads telling US its loan is fully repaid, but it used taxpayer TARP funds to pay it.
Post Tagged with: "GM"
April 28, 2010 09:26
Beck on GM’s lie about loan repayment, Dems’ lie about healthcare cost reduction
April 23, 2010 06:04
GM (govt motors) lies about TARP payoff -propaganda media plays along
What you weren’t told was that GM was able to repay the money by drawing down on a line of credit that it had from TARP! In other words, GM took funds still available to it through TARP and used those funds to repay the loan it received from the government. Of course, it now owes $4.7 billion on its line of credit with TARP, but, that doesn’t make for good news, so it wasn’t reported.
February 4, 2010 06:09
Gangster government targets Toyota
Is the Obama administration joined at the hip with big labor? In yet another payoff for union campaign support which reached hundreds of millions of dollars and countless man hours contributed, Transportation Secretary Ray LaHood muttering darkly that “we’re not finished yet with Toyota”.
