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The Bailout shuffle

Apparently the Federal government has figured out a way to pull the wool over our eyes again(big surprise huh?) it seems that they are going to allow GM to pay us back with our own money.GM has not paid anything back from it’s profits as they and  the Obama administration are touting.

This is just another shellgame.They borrowed the money from us and put it in an escrow account(in case the neede it) that probably draws interest.Then they take  some of it and pay us back with our own money!Sounds like a new scam to me.

When is the Administration going to actually make someone stand up and be held responsible for all of this?Why are we allowing this to happen? The Obama adminstration is counting on the people that elected him to trust him.Or maybe we should just thank him for GM paying us back with our own money.

All of this while GM is trying to bolster it’s European markets with our TARP money.This is why we should have never bailed them out in the first place.

Whatpartof this do you not understand?

 

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