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May 23, 2010

GM Loan Payback Explained

Posted by Dave Blount at May 23, 2010 12:47 PM

Government Motor's top Obama lackey Ed Whitacre explains how the nationalized auto company managed to pay back the mountains of taxpayer money that has been shoveled into it on behalf of the UAW:

Once the federal government opens a money hole, it never closes.

On a tip from RWild1.