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GM Goes From Bad to Worse Despite Obama Bailout

jhaman Wrote: Aug 23, 2012 3:32 PM
Retiring from GM in 09,it was the workers demand for quality that turned GM around prior to my retirement!Obama takes credit?The liberal idea "get every live person in a home',that destroyed the economy and the banks ability to make loans(which GM and the big 3 have always survived on) should be re-stated daily!No Loans,No vehicle sales! I can count on 1 hand how many profit sharing checks I got in 30 years!GM has always been a break-even business.Obama bashes Romney on his bankruptcy statements,even when I have all the bankruptcy paperwork GM went through after "the bail out',which leaves Government Motors still owing us 39 billion!If Obama is allowed to lie,push his economic socialist destruction,GM and the U.S citizens(GM...
Readers with long memories may recall that Charles E. Wilson, president of General Motors and nominee for secretary of defense, got into trouble when he told a Senate committee, "What is good for the country is good for General Motors, and what's good for General Motors is good for the country."

That was in 1953, and Wilson was trying to make the point that General Motors was such a big company -- it sold about half the cars in the U.S. back then -- that its interests were inevitably aligned with those of the country as a whole.

Things are different...