-=> JOHN MASSEY wrote to WAYNE CHIRNSIDE <=-

 JM> On 4/23/2010 9:27 PM, WAYNE CHIRNSIDE -> ALL wrote:
 WC> General Motors has paid

 JM> General Motors is running ads on all the major networks this week
 JM> claiming it has repaid its bailout from the taxpayers "in
full." But
 JM> the claim isn't standing up to scrutiny from lawmakers and government
 JM> watchdogs who have found that the automaker was able to repay the
 JM> bailout money only by dipping into a separate pot of bailout funds.

 JM> That's like saying a welfare receiver paying taxes using a welfare
 JM> check.

Well I'll not dispute you on this one point as I've only single sourced 
that claim I made.

Generally I use multiple sources both liberal and conservative and fact check.

Still and all the current adminstration is claiming the TARP bailouts
projected at a 500 billion loss only a year ago is now projected to
be a mere 87 billion.

Not too bad for preventing a complete economic collapse of
the U.S. economy.

I call this one a win.

Bush legislated the TARP bailout but fortunately Barack Hussein Obama
implemented it as he was required to by law.

Had the Bush administration administered the TARP bailout they legislated into
law I'm not very confident they'd have managed the results we've gotten 
under this administrations handling of TARP.




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