Originally Posted by walt501
Originally Posted by WTM45
Loans were used to shore up their credit lending program (where the entire industry was suffering) not manufacturing operations or union obligations. Completely paid back in 148 days.


All loans were paid back - every single one by every single automaker.

What Obama did has no bearing on today's auto industry. At least put the blame where it belongs instead of trying to make yourself feel good for driving the least attractive truck on the road.

And now a word from YOUR president -

[Linked Image from livetradingnews.com]





After watching the "classy" unionistas walking that GM picket line, I sure makes one pause and think, especially when Tundras are made in Texas by Americans and just what % of US vehicles are made in Mexico and Canada? All loans might have been paid back just as you say, but what happened to all the note holders from the 08 fiasco that were passed over in favor of the unions?

A good principle to guide me through life: “This is all I have come to expect, standard lackluster performance. Trust nothing, believe no one and realize it will only get worse…”