GM Agrees to Buy Lender AmeriCredit for $3.5 Billion

catherine at 01:59 2010-07-23 said:

SO a company with devastating broke pension plans mismanaged by the unions all these decades and decades got saved by Oilybama (by taxpayers) (bush was offered and refuse to bail out the unions on the backs of taxpayers) and now they are well and using taxpayer money to buy up more mortgage industries from private holders................

please please read some history this is the final nationalization of our industry.............this is what the word 'facism and nationalization' means................ahem look what the government did to Toyota FOR GM, almost took them to their knees and now we see THAT IT WAS DRIVER ERROR, how much money was lost on that fake takedown...................just think what Americredit OWNED BY A BOTTOMLESS GOVERNMENT ENTITY can do to stomp out the competition....................ahem and that competition WOULD BE YOU! Permalink