|
The facts are over 50 billion tax payer dollars went into saving what (American assets were worth 4 billion)
6.8 billion has been repaid
The govt is selling their shares started monday at 22 dollars a share and by end of day was 31 dollars a share. To which China pledged to buy 2 billion
61 percent of the company is owned by the Fed Govt.
48 percent by UAW and other unions Who's pension plan is under funded by 17 billion and are seeking bailouts along with about every other union in the country.
Fine, Whatever. Pay off the 50 billion plus 17 billion pensions before you ever issue a dividend. Also yearly audits outside of GM should be conducted.
Chuck, not mad at the worker but Im damn furious about the crap they've pulled both Company and Govt.
__________________
Charles Nungester
|