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Old 06-01-2009, 02:18 PM   #70
ssump29
LOL at most people here.
 
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Drives: 2005 GTO,2006 M6, 2007 300 Touring
Join Date: May 2009
Location: MI
Posts: 1,331
You guys are missing the whole point to this. the government wants to get GM profitable and very profitable so they can make money themselves. The governement is using this as a play to make a little money while being the savior. Tell me why the governement wouldn't take the opportunity to make money off this company when the time presents itself. With the debt our country is in this is just one way to make a little money faster to help get out of the debt. They will do the same thing with all Banks they have loaned money.

How else do you think they have a plan to bring the debt down without increasing taxes. They will try and make money off of all these companies they have extended money to once the economy turns around and these companies are rolling in the cash.

Buy in cheap sell off high is exactly what the government is going to do to all these companies.
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