Chevy to spend $40 million on carbon [swindle] offsets next three years « Hot Air

General Motors has yet to return most of the TARP funds sunk into its operations by George Bush and Barack Obama. They claimed to have paid back the loans given the automaker, but as Chuck Grassley angrily pointed out at the time, they paid back the loans using other TARP funding for the cash. Taxpayers still have tens of billions of dollars stuck in GM stock, and whether Treasury ever gets to a break-even point is anyone’s guess.

That hasn’t stopped Chevrolet from dumping $40 million in cash into carbon offsets over the next five years, however: