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Gubment Admits It Will Lose $14 BILLION From Auto Bailouts
But.. But... We were told GM was turning a profit... Oh, that's INCLUDING the gubment bailout money!
As we noted in our audio about "quantitative easing", when politicians like Judd Gregg told people the TARP and auto bailouts were "investments", people might have wanted to note that INVESTMENTS are doin VOLUNTARILY. What was done by people like Gregg and others is called THEFT.
http://news.yahoo.com/s/ap/20110601/ap_on_re_us/us_obama_autos_2
Thanks to Glenn Jacobs for grabbing this one!
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