TARP money Wasted at GM (and almost everywhere else)

[wilburbear]

Just announced won't make June interest payment

 

[MrDODGE]

Rally time!

 

[Mvic]

Quote from MrDODGE:

Rally time!

I initiated a large short on SPG today so you are probably right

 

[jueco2005]

Of course...........they have been wasting their own money...............What else could you expect to do with taxpayers money???

 

[wilburbear]

The U.S. gov't can waste other people's money, have a poor track record with its investments, suffer no accountability, and continue to have access to unlimited funds.

Absolute power corrupts absolutely.

 

[bigbear1970]

Agreed! Use that money to put build a jail in Russia and put each one of these criminals in a cell with a rabid monkey!

 

[MattF]

can't pay? Oh well, we'll give you 2 more billion.

It's the 30 they wanted in small chunks...

 

[libertad]

And....

Just how many "small" businesses" have been bailed out ?

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Too big to fail....really should be the acid test....

Too big to fail ....should be the first to be allowed to fail....

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"Small business" has been dogged by oligopolists, monopolists, etc.... for many years....

With the most harmful being "high taxes"....
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Kill the estuary....

Kill the species....

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USA Govt....= Stupidity and Cronyism

Paid by Lobbyists....

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The two party system by advertising should go first....

Educated far beyond their intelligence....

Geithner, Summers, and Bernanke being perfect examples....