Two years later, the Treasury still owns more than 26% of GM. The stock price of the dramatic administration success story is too low to sell without taking gigantic, embarrassing losses.
Comment:
There's a great idea for turning a phrase in the comments section: GM didn't fail by itself, it had a lot of help from the government.
The actual comment was:
As Obama would say:
“If you’re unsuccessful like GM, then you obviously didn’t fail by yourself…
..you had a lot of help from the government and unions”
Heh.
The Obama Administration is rotten to the core. Trouble is, there's so many people in this country who have been brainwashed into believing that he has succeeded in doing anything helpful at all for this country. Everything, and I do mean everything has been papered over with debt. It is all a sham. GM is a prime example of that.
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