GM is paying back its loans - way to go Obama!

Just goes to show that whining doesn't solve problems. Solutions do.

GM paid back the money. the recession is over!!!!!!! unemployment will be under 5% in a few weeks. right on!!!!...lol

ROFLMAO! Tigger, you are funny! Trying to make everything Barry does look good. How about the REST OF THE STORY:

General Motors announced this week that it has repaid $8.1 billion in loans it received from the U.S. and Canadian governments. Of course, this is a small part of the total bailout the bankrupt auto giant received from TARP funds, which were authorized for banks, not automakers. GM received $52 billion from the U.S., $6.7 billion of which was considered as a loan, and $9.5 billion from Canada, $1.4 billion of which was a loan.

According to the Associated Press, "GM still owes $45.3 billion to the U.S. and $8.1 billion to Canada, money it received in exchange for large stakes in the company. The U.S. government now owns 61 percent of the company and Canada owns roughly 12 percent. GM plans to repay both with a public stock offering, perhaps later this year." What, selling stock instead of selling cars? Also little noticed, of course, is the fact that GM was able to repay part of what it owes because it has cut 65,000 jobs and the pensions that go with them. Some stimulus.

No, Tig, it is not a "start", they are using bailout money to 'repay'... LMAO!

Read this:

http://www.foxnews.com/politics/2010/04/23/gm-hot-water-ftc-truth-advertising/

Wait, you guys are blaming Obama for socializing are large part of the economy? I guess bush doesn't get a voice in this.