Quote:
Originally Posted by Caliman93230
Since I'm going to be taxed to give GM another opportunity for viability, I'm expecting a full status report on the camaro by march 1.
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They're called loans...indicating a
repayment. Do you expect to get checks in the mail as GM pays the loan back? No? Then you're not getting taxed for it to begin with....
As for the 'status' report...don't hold your breath.
And then to the remark about "more bailout money"...Congress KNEW (and we should have too) that they'd be back for more loans. The money that the President lent them last year were designed ONLY to hold them over till March. The theory was to put them on hold for a bit, and give the next president a little breathing room before he had to deal with it. This is not new.
The plan was, all along, to come back for more.