GM Pipe Dream

Now that General Motors (GM) is Government Motors, with the ability to “legally” rob the American people of their hard earned monies, just how high would GM’s stock have to rise to payback the American people?

If a new General Motors emerges from bankruptcy as planned, U.S. financial aid for the company will expand to nearly $50 billion, but neither the government nor the company is forecasting how much of the public money will be repaid.

It’s sure to be a stretch. For the United States to fully recover its investment, the value of General Motors stock will have to reach levels it has never before attained. (bold by ed.)

It’s a pipe dream, that will never happen.  Americans are screwed, and there is no uncertainty about it.

Uncertainty Clouds Recovery of U.S. Investment in GM

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