Huge Obama-GM Roll-Over

Roanoke Times, 4/22/10, Pg 1: GM repays $8 BILLION in bailout subsidies; The Obama administration lauded a “turnaround” by the automaker.
Big front-page with lots more (Jones-cool-aide) on Pg 20.
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Yet another Obama-Roanoke Times huge pile of heifer-dust!
GM didn’t earn the $8 BILLION they returned to the government!
They simply took $8 BILLION of $ 50 BILLION GM bailout taxpayer money and turned it back in and said they earned it!
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The FTC is investigating General Motors for running ads on all the major networks this week claiming it has repaid its bailout from the taxpayers "in full." But the claim isn't standing up to scrutiny from lawmakers and government watchdogs who have found that the automaker was able to repay the bailout money only by dipping into a separate pot of bailout funds.
http://www.foxnews.com/politics/2010/04/23/gm-hot-water-ftc-truth-advertising/
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If you’re looking for a big retraction and mea culpa by Obama and his associates in the editorial board of the Roanoke Times – don’t hold your breath! After all, the big front page story has already served its purpose of mis-&-disinformation.
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Click for the theme song for Obama, GM and their media supporters:
http://popup.lala.com/popup/432627047851505090
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Prior Items:
http://roanokeslant.blogspot.com/2010/02/obamas-gm-government-motors.html
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http://roanokeslant.blogspot.com/2010/02/obamas-government-motors-gm-propaganda.html
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