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November 23, 2009

The truth about GM ‘repayment’

Is that you and I, the taxpayers, are hugely on the hook for mega-millions that will likely never be repaid and could become a campaign issue next year.

No wonder the Obama Administration wants an IPO, just to get away from the General which, as noted, makes cars around the world, claims a profit in China and tried to screw over the German government. That’s the company you and I own.

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