Saturday, May 04, 2013

Probably just a complete coincidence, am I right? After Obama funnels an enormous amount of taxpayer money into Government Motors, Government Motors endorses Obama's climate hoax agenda

General Motors signs call for climate change action - CSMonitor.com
it does raise a few questions:

A. Where are the other automakers associated with eco-friendliness -- automakers like Subaru,Toyota, and even Tesla?
Dec. 2012:  It's Official: Taxpayers Will Lose Big on the GM Bailout - Rick Newman (usnews.com)
Treasury has finalized a plan to sell its remaining stake in the nation's biggest automaker over the next 15 months, beginning with GM buying back 200 million shares from the Treasury by the end of this year. That will leave the government holding about 19 percent of GM's shares, which it plans to sell throughout 2013 and perhaps into 2014.

The government's final exit from GM will mark the start of a new era for the carmaker, which has struggled to overcome its "Government Motors" image and chafed under rules that limit executive pay and perks.
...
But once the government sells its shares, GM will still be tainted by the fact that it failed to pay back all the taxpayer money used to save it back in 2009. GM initially got $49.5 billion from the U.S. government, and it paid back $23.1 billion of that after its stock went public in 2010. That left $26.4 billion GM still owed the government.
Twitter / enviroblack [Warmist Richard Black, formerly of the BBC]
General Motors urges faster action on change - pesky treehugging lefties!

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