Yer government spent 10,500,000,000 dollars to buy the votes of union members at GM and subsidiaries.
That is $10.5 Billion dollars to keep them working and keep their union benefits. And, of course, to keep the support of the UAW and other autoworkers unions (and their members).
In selling this stock (at a loss, of course) they also removed all controls over what GM pays it's executives. So they can count on that campaign support as well for the DNC types.
I really have no issue with them buying votes....but I do when it is (partially) my (borrowed from the chinese) money they are doing it with. I'd rather have seen them allow GM to buy it back at the price that we paid for it over a few years (plus interest, of course) than take a loss like this.
I'm just an individual who hopes to inspire but not impose his views on others. I seek not to convince but only hope that my words are written well enough to get others to delve deeper into their own thoughts and ideas. I am sincere in all that I say but never so serious as to not listen to the ideas of others
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