az4life Report post Posted May 1, 2010 The largest shell game ever and the American people are buying it. Read this and see the proof how GM Really means Government Motors If you've seen the ads from the GM CEO saying they paid back "all their loans ahead of schedule" did it make you feel relieved? Did you ever expect GM would pay back it's loans this fast? How many cars and trucks would they have to make and sell to continue to make payroll, pay for materials, leases, benefits and still have money leftover to payback their loans? If it sounds too good to be true it usually is and this is one case I'd like the terms that GM uses to pay is loans. I Hate Bailouts and this is just another example of what happens when government takes control of private industry. Government "can't" afford to let you know it is failing so they spoon feed you crap until you can't taste it any more. Buy anything But GM Share this post Link to post Share on other sites
Snapshot Report post Posted May 1, 2010 Considering that GM claimed an anuual loss for how many years?, There is no way they could pay back billions in such a short time frame. Smoke and mirrors my freinds! Share this post Link to post Share on other sites
ghost hunter Report post Posted May 1, 2010 If memory serves, they weren't the only ones who claimed to have paid back their loans. I think that most of the banks also said they've paid them back. The one question that had be wondering was. "if you could pay that back sooo fast, did you really need it in the first place?" Share this post Link to post Share on other sites
wetmule Report post Posted May 1, 2010 Ponzi scheme being played with our taxpayer dollars. Use govt. money (taxes) to pay back govt. money (taxes) so they can get more govt. money (taxes) to keep the insolvent Government Motors afloat. Support Ford and free market auto companies. Share this post Link to post Share on other sites
coues krazy Report post Posted May 2, 2010 I would never buy a gm product again. Ford only for me. Share this post Link to post Share on other sites