Monday, February 14, 2011

GM hourly workers get $4,000 bonuses

"Since the taxpayers helped these companies out of bankruptcy, the taxpayers should be repaid before bonuses go out," Sen. Charles Grassley, R-Iowa, said in a statement. "It sends a message that those in charge take shareholders, in this case the taxpayers, for a sucker."

Like we did not know we were being played for fools at the time of the bailout. This is money that should be applied to buying back the government owned stocks which also should never have taken place. I would say that there will never be another Chevy in my driveway until GM pays us, the taxpayers, back. It is probably safe to say that there won't ever be a Chevy there with future purchases being based on that premise.

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