Obama saved GM! Loss to taxpayers on auto bailout at least $25 BILLION
What a bargain! That’s a bargain for me! Obama likes to claim he saved the auto industry. Of course that’s nothing more than a load of BS when everyone knows Obama saved the union thugs. Non-union people got screwed in the Obama “saving” of the auto industry and so did the tax payers. The cost to the tax payers seems to up every couple of months. A few months ago it was reported that the cost to the tax payers was $21 billion. Turns out that was a “conservative” estimate. The loss to tax payers for Obama’s auto bailout and payoff to the union thugs is now up to a pricetag of $25 billion!
This is 15 percent higher than the previous forecast.