Commanders Post at The Warpath - View Single Post - 2012 Presidential Election (free for all edition)

12thMan · 08-08-2012, 02:59 PM

For the life of me I have no idea why conservatives are still pounding the GM big government narrative. GM is back. It worked. A lot of manufacturing jobs returned to our shores as a result. Was it the best solution? Hell no. Under ideal circumstances GM would have been solvent and profitable. But that wasn't the case. It's a win for the country.

Right now Treasury owns 500 million GM shares. Seems they are waiting for the right time to sell (around $32 per share) to repay taxpayers.

08-08-2012, 02:59 PM	#8
12thMan MVP Join Date: May 2005 Location: washington, D.C. Posts: 11,460	Re: 2012 Presidential Election (free for all edition) For the life of me I have no idea why conservatives are still pounding the GM big government narrative. GM is back. It worked. A lot of manufacturing jobs returned to our shores as a result. Was it the best solution? Hell no. Under ideal circumstances GM would have been solvent and profitable. But that wasn't the case. It's a win for the country. Right now Treasury owns 500 million GM shares. Seems they are waiting for the right time to sell (around $32 per share) to repay taxpayers.