GM sales inflated by government purchases?

~ The Rebel ~ 2012/07/11 20:00:51
Despite the overwhelming negatives, the tiny bright spot of positive June sales numbers is being heralded by Obama and the leftist press as proof the auto bailout was a “success.” The funny part? NewsBusters again:

And in all this Hosanna-reporting, nowhere to be found is the inconvenient truth that these huge June sales were mostly fueled by…government purchases.

We now learn that government purchases of GM vehicles rose a whopping 79% in June.

Meaning Barack Obama is now campaigning on the “success” of – the government buying cars from…the government’s car company. With our money.

That’s like you setting up a lemonade stand for your kids. You buy them the lemons, sugar, cups and pitchers – and then buy most of the lemonade yourself.

Read More: http://americanvisionnews.com/4095/gm-sales-inflat...

Add Photos & Videos

Sort By
  • Most Raves
  • Least Raves
  • Oldest
  • Newest

  • Brian 2012/07/12 00:02:23
    This same thing happened with Chyrsler back when Jimmy Carter bailed them out with a government loan. He gave them our tax dollars to "bail" them out, then took our tax dollars and bought a piss load of their cars and trucks that they used to "pay back" the loan.
  • The River Rat 2012/07/11 21:25:15
    The River Rat
    If you think GM's are, I bet Chrystler/Dodge's are even worse. Here in Alabama every new police car or government vehicle is a Dodge of some kind.
  • Concerned Citizen 2012/07/11 20:10:07
    Concerned Citizen
    He's helping China as much as he is the US.

See Votes by State

The map above displays the winning answer by region.

News & Politics

2016/02/09 03:37:23

Hot Questions on SodaHead
More Hot Questions

More Community More Originals