Government Motors Pays Back Bailout Loan....Not Quite

This is an e-mail I received just the other day from GM.

Dear.....

We value and appreciate your loyalty more than anything. We are proud to announce we have repaid our government loan – in full, with interest, five years ahead of the original schedule. We realize we still have more to do. Our goal is to exceed every expectation you've set for us. We're designing, building and selling the best cars and trucks in the world. Like the award-winning Chevy Malibu, the all-new Buick LaCrosse, the versatile Cadillac CTS Sport Wagon and the innovative GMC Terrain, just to name a few. As we move into the future, we're thankful to have loyal owners like you. We invite you to learn more about the new GM and join our community, by visiting gm.com. And once again, thank you for your support.


Susan E. Docherty
Vice President, U.S. Marketing

Wow, that is great! They have paid back all of that $49 billion in what, just over a year. Well, when I read that I called Bravo Sierra. I look around and just could not find how they had supposedly accomplished this feat. I mean, have they really been selling that many cars? Well, looking further it seems that they paid back government money with government money and is applying for more government money with less interest....only in America! Take a look at this article and see how they still are Government Motors.

The U.S. taxpayers own 60.8% equity in GM and Canada owns another 11.7%. Now if we could only get Mexico to pony up the remaining 27.5% we could call the company North America Governmet Motors. We could have the vehicles built in Mexico, so they would have cheap labor, oh wait, we can still have them built in Detroit and ship the illegals there to build them. There is plenty of homes available in Detroit with some going for a dollar. This would help Detroit to start over again and help them out of the financial mess they are in. Oh, but if the illegals took the jobs, where would all the Americans out of work there get jobs?

Sorry for the rant, but this crap has got to make you mad. The CEO of GM is touting the payback and nobody in the MSM is even researching how they got the money to pay back the loan. The MSM just follows the White House crap of lies and does not do any investigating. And they call themselves journalists? People, we need to start questioning things like this and also letting others know that things like this are just a bunch of lies uh, I mean mistruths. They keep on spewing this crap and the sheeple buy it because they have no idea how to find the truth. They still think these journalists are reporting the truth but we need to tell them otherwise. Get out and spread the truth while we still can. If we don't start telling the truth we will not be able to take back America.