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Thread: GM Joins Indycar in 2012!!
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8th November 2010, 01:27 #11Senior Member
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Seriously? None of your federal tax bill is being used for the GM bailout because it was part of TARP, which was deficit funded. So instead of whining about what they're doing with "Your dime," you should be complaining about what they're doing with debt incurred in your name without your consent. That would be the accurate what of stating your concern.
Originally Posted by anthonyvop
Beyond that, GM is on track for $2 billion in profit this year. They are on a track to pay off the federal government and are paying for their IRL program out of their profits. Also GM will have repay the federal government $10 billion by the time the IPO finishes.


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