Comments on: Treasury floats GMAC another $7.5b

By: fan

fan — Tue, 26 May 2009 07:23:45 +0000

this is becoming SO ridiculous… why dont they grant GM a direct bank collection to the treasurys accounts? or, even better, to all bank accounts in the US?
Have the collection cloaked, too, so noone can ever proof they took the money and claim afterwards they survived on their own?

By: jdasch1

jdasch1 — Sat, 23 May 2009 02:14:26 +0000

Why is everyone still calling GMAC, GMAC? Its now ALLY BANK. Last Friday they changed their name to hide who they really are from…F’ing Mars!! Big joke of a bank. Bailout nation alive and broke…

By: johnnycanuck

johnnycanuck — Sat, 23 May 2009 02:02:13 +0000

Turds also float. I wonder which is easier to flush?

By: atoms

atoms — Fri, 22 May 2009 18:37:24 +0000

and people thought 1 billion to fix the hubble space telescope was a lot of money…

By: RaineMan

RaineMan — Fri, 22 May 2009 17:38:14 +0000

Quit deluding yourselves people… none of these loans will ever be repaid. It’s a free-money giveaway for the rich brought to you by hard working honest taxpayers like you and I.

By: mayer_ray_nagin

mayer_ray_nagin — Fri, 22 May 2009 16:59:31 +0000

Hangonbig3, didnt the feds just “forgive” 15.3 billion in GM “loans?” Why yes, they did. As such, they arent paying it back, with or without interest.

Get a clue – this is more welfare for Obama Motors. I had thought about getting a Camaro before all this, but now the only domestic I will consider is Ford. No government shiiiiiit.

By: Lariat Luxury Locomotive Liner No.3

Lariat Luxury Locomotive Liner No.3 — Fri, 22 May 2009 15:42:42 +0000

Nothing more that a US taxpayer ankle-grabbing exercise in extortion. Pay the money back? What a laugh!

By: greg

greg — Fri, 22 May 2009 15:31:54 +0000

GMAC is 50% owned by the same idiots that own Chrysler – Ceberus and Bob Nardelli.

By: shane train

shane train — Fri, 22 May 2009 15:07:13 +0000

hangonbig3- Like Chrysler? Who said “ehhhhhhhhh, we probably won’t pay it back. but thanks.”

By: hangonbig3

hangonbig3 — Fri, 22 May 2009 15:05:43 +0000

There is a word in this that seems to make a difference…. (LOAN)….. If they pay it back with interest, will you still complain about it.

By: Borat

Borat — Fri, 22 May 2009 15:01:28 +0000

Yep, the sack is called Treasury and it is fueled by taxes.

By: johnnycanuck

johnnycanuck — Fri, 22 May 2009 14:58:16 +0000

Lol mayer_ray, that was exactly the first thought that popped into my head. It’s like free bar peanuts. Just grab a handful and when those are gone hey, no problem, theres a whole sack in the storeroom.

By: Struggle

Struggle — Fri, 22 May 2009 14:47:07 +0000

Still a drop in the bucket compared to the banks.

By: mayer_ray_nagin

mayer_ray_nagin — Fri, 22 May 2009 14:29:05 +0000

So what are we up to now for GM and GMAC? About 60 billion? more? less? Has anyone kept count?

By: shane train

shane train — Fri, 22 May 2009 14:27:10 +0000

Oh yeah no biggie. Just “floating” them another helper, huh?

By: Struggle

Struggle — Fri, 22 May 2009 14:24:08 +0000

Can you say ‘Triage’?

Wow.