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Old 05-06-2010, 10:58 am   #1
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I could not post to the other thread, so started this one in the Lounge.

The "alleged" repayment by GM of the Obama bailout loan is a complete fraud. The (liberal) mainstream news media bought into it (or you can say collaberated with it).

GM bought ads (you could say with our tax dollars) to further cement the fraud in the minds of the public.

This is simply Obama and GM foisting another (smoke and mirrors) lie on the public to make the (uninformed) public think all is well & the annointed one (and socialism) is our savior.

If I (GM) owe you (Washington/taxpayers) a dollar (loan "A") and I borrow another dollar (loan "B") from you and then hand it back & say here's the loan "A" money I owe you does that make sense? That's what happened.

Vote conservative 11/2010.

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Old 05-06-2010, 11:01 am   #2
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Yeah, well, it sounded good!!!!



I have been waiting to see who would pick up on it!

IMO, the key to this is to see what happens when GM goes public and REALLY starts to see what happens.
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Old 05-06-2010, 11:23 am   #3
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I can't even understand why they did it, the old loan wasn't even due yet was it?
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