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General Motors: Obamacare Wrapped in Solyndra Inside Some Misery

jacob60 Wrote: Aug 03, 2012 4:59 AM
There are many more reasons for the demise of the American auto industry. To begin with, anyone able to decipher a VIN would stay away like from the pest, from any car assembled on a Friday or a Monday, as he was going to get a lemon... The dmned unions buried the American auto industry and to regain customer's trust is usially as easy as pulling teeth.... And if ki top of it the pay between wages and bennies comes up to $78 an hour....

General Motors, the auto company that vice president Joe Biden likes to claim Obama saved singled-handedly during the virgin birth after which the One was swaddled in a manger, is facing a class action lawsuit for making “materially false and misleading” claims in the prospectus for the new issue of stock it offered as it moved out of bankruptcy in late fall 2010.

A statement issued by the law firm representing the class “alleges that the defendants misrepresented and/or failed to disclose that: (1) GM was predicting revenue based on production rather than actual sales; (2) the Company falsely assured...

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