Tag Archives: GM

Oops, GM is losing $49,000 on every Chevy Volt that it builds.

This is nothing to brag about, Obama.

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Government takeover of GM

“The Obama administration talks up all of the “jobs” it saved at GM — but jobs doing what? Manufacturing automobiles that are not competitive without a massive government subsidy? Propping up an economically unviable enterprise just long enough to get Barack Obama reelected?”

Auto Bailouts and Union Priority

Chrysler and GM bailouts cost taxpayers billions of dollars, and then Obama violates the rule of law by unfairly giving Union members priority over other creditors.