Government fines GM maximum $35M in safety case

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  • deseret pete robertson, Wy
    May 16, 2014 2:18 p.m.

    If they go bankrupt again the Obama administration will give it back to them with another bailout

  • Brio Alpine, UT
    May 16, 2014 12:38 p.m.

    In hindsight, it seems Mitt Romney was right in stating (beforehand) that it would've been better to allow GM to go into protected bankruptcy, then rebuilt from the bottom up with better quality, better management and no risk to taxpayers.

    As it is now, the taxpayer financed loan for tens of billions made by the government to GM will never be fully repaid, as GM continues following down the same problematic path.

    That loan was simply a ploy by Obama to buy more votes soon before the elections at taxpayer expense. His idea of big government seems to have no limits, as our federal deficit now approaching an astonishing $18,000,000,000,000 proves. That's more owed than all other countries of the world combined. Extreme sad and disheartening, especially for the upcoming generations of America who will have to figure out how to pay it back.