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General Motors: Obamacare Wrapped in Solyndra Inside Some Misery

Jim3645 Wrote: Aug 03, 2012 3:21 PM
I have friends and family members working for Obama at the GM plant, they don't care, they work for the government now and can't be fired, besides the GSA keeps most of the focus on them and not GM. Meantime, China salivates. They know they will own GM soon!

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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