Quote:
Originally Posted by chop
http://www.huffingtonpost.com/2010/0..._n_543816.html
We gave them over 52 billion
They paid us back 7 billion using some of the left over 52 billion
Please do not think I'm bashing GM.
I just do not think they should be spending our money this way. A large part of it going over seas.
The money they spend in nascar-usac is used/goes to USA workers.
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From the way I read that, the rest of the money that is "owed" is in stocks in the company. In that way, yes, we do own the company, but once it's sold, it's paid back that way. They fulfilled their obligations to the tax payers, and have been on the up-swing ever since. Like I said before, if they are spending boatloads of money on this type of advertising (which is ALL it is), then how can you not be mad at the US Army, or National Guard for how much they market themselves in auto racing. Where do you think those dollars come from?