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 GM's Phony Bailout Payback
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Bluegill
1000+ Penny Miser Member


USA
1964 Posts

Posted - 05/01/2010 :  20:11:09  Show Profile Send Bluegill a Private Message
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Ardent Listener
Administrator



USA
4841 Posts

Posted - 05/01/2010 :  21:37:48  Show Profile Send Ardent Listener a Private Message


He even makes used car salesmen look good.

Did GM really think this wouldn't get out? I heard about it on NPR!

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Think positive.
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/01/2010 :  22:31:40  Show Profile Send beauanderos a Private Message
it's like flipping credit card balances on a grander scale

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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messymessy
Penny Sorter Member



88 Posts

Posted - 05/03/2010 :  21:54:12  Show Profile Send messymessy a Private Message
Thanks for that link. Great explanation of what's really happening with GM. I wondered how it was possible to pay back all that money so quickly and now I see that it wasn't.
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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 05/04/2010 :  14:24:13  Show Profile Send PennySaved a Private Message
That is very deceptive advertising on their part. I was wondering how they did that so quickly also.

SELLING COPPER PENNIES 1.4X FACE SHIPPED......“I sincerely believe that banking establishments are more dangerous than standing armies, and that the principles of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale” Thomas Jefferson
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