Wednesday, June 6, 2012

Romney write off GM Debt?

Romney has recently states he would quickly sell all government stock of GM.  At current prices that would be at a 15.8 billion dollar loss.  How can he make that decision or should he be able to?  I don't agree we should of ever bailed out GM, but the government has done it already.  NOW he wants to sell the stock and make it so the American people eat the loss?

This is the biggest load of BS I have seen in a while.  How can anyone support a man who doesn't care about the people?  WAKE UP PEOPLE! He is going to sell the stock and take the loss while GM reaps from the billions in loans it got.  I think they should have to pay every dime back to variance whatever stock prices are.  The government should of never got into this mess anyways.  If it would of just left it alone it would of sank and allowed new companies to emerge.



http://www.usnews.com/news/blogs/rick-newman/2012/06/06/mitt-romneys-stance-on-gm-sale-would-cost-taxpayers-dearly

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