In response to:

The Auto Bailout Failure Is Now Complete

Snarkasterous1 Wrote: Dec 20, 2012 2:05 PM
Great point! The violation of bankruptcy law, at the cost of billions to taxpayers, who were lied to at every step of the process by Obozo and his libbie/union/media cronies, is as nothing compared to the evil libbie bogeyman of Halliburton (which you've misspelled, BTW). Libbies - endlessly blinded by their ideology, law, facts, and actual results notwithstanding. Go ahead - explain how it all depends on the "meaning of 'is.'" - Snark

You may recall that during the presidential election, the Treasury Department refused requests by General Motors to unload the government's stake in the giant automaker.

Taxpayers had sunk $50 billion into a union bailout in 2009 and were now proud owners of 26.5 percent of the struggling company. Reportedly, GM had growing concerns that the stigma of "Government Motors" was hurting sales in the United States. At the time, any transaction would have come at a steep loss to taxpayers and undermined the president's questionable campaign assertions that the auto union rescue had been a huge success.