Letter I recieved from General Motors

Dear Chub,

We are proud to announce we have repaid our government loan – in full, with interest, five years ahead of the original schedule. We realize we still have more to do. Our goal is to exceed every expectation you've set for us. We're designing, building and selling the best cars and trucks in the world. Like the award-winning Chevy Malibu, the all-new Buick LaCrosse, the versatile Cadillac CTS Sport Wagon and the innovative GMC Terrain, just to name a few. We invite you to learn more about the new GM and join our community, by visiting gm.com.


Susan E. Docherty
Vice President, U.S. Marketing

In reality GM took TARP money and paid back the loan. So we have the federal government loaning GM the money and then giving GM the money to pay back the loan. It was the AMerican Tax payer that payed off the loan.

[URL]http://blogs.ajc.com/jamie-dupree-washington-insider/2010/04/21/gm-money-game/?cxntfid=blogs_jamie_dupree_washington_insider[/URL]

Sure wish they would offer a 300+ HP small block as an option in that cute little Chevy HHR Panel Van and add a nice set of 4:10 rear gears. What a boat puller that would be!

[QUOTE=Tim_T;411268]In reality GM took TARP money and paid back the loan. So we have the federal government loaning GM the money and then giving GM the money to pay back the loan. It was the AMerican Tax payer that payed off the loan.

[URL]http://blogs.ajc.com/jamie-dupree-washington-insider/2010/04/21/gm-money-game/?cxntfid=blogs_jamie_dupree_washington_insider[/URL][/QUOTE]

:mad::mad:Grrrrrrrrr