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Posts Tagged ‘General Motors’

ATLANTA— The General Motors initial public offering was completed yesterday to much fanfare, with GM raising $15.8 billion, the second highest IPO in history (second only to VISA in 2008).  Barack Obama called the IPO part of GM’s success story and declared: “we are finally beginning to see some of these tough decisions that we [...]

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BECKLEY— America for sale! GM needs to up the $90,000 won’t get them the returns in tax payer money they’ve gotten in prior years! General Motors has given more than $90,000 to political campaigns this year, according to data released by the Federal Election Commission last week. These are the company’s first political contributions since the [...]

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ATLANTA— One of the ongoing stories of Obamanomics that I find most interesting is the continued use by Barack Obama of public funds to finance private industry.  A man who has railed so often against the greed of Wall Street has turned Washington D.C. into a Wall Street of sorts, doling out public funds to finance speculative private investment ventures.  [...]

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RALEIGH— Last week news came out about a massive recall of Toyota car parts. The accelerator had been found to “stick” resulting in unwanted and uncontrollable acceleration. Today

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BECKLEY— I’ve been pretty rough on General Motors Company because of their asking for and taking my money from me using the military might of the U.S. government.  I don’t like being robbed, held at gun point (or even tank point), only to watch the money be sunk into bad investments. Apparently, due to more [...]

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BECKLEY— Yesterday’s news that General Motors is going to start paying back their loan is almost laughable.   Of course they plan on paying back the $6.7 billion in loans but what about the other $50 billion in investments we put in them?  What type of return can we expect as tax payer’s?  Obama promised [...]

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  I’m not going to spend my time criticizing him. There are plenty of critics in the arena. He deserves my silence.” George “W” Bush, Calgary, March 17, 2009   ATLANTA – So why did George Bush say that Barack Obama deserves his silence?  

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