Torches And Pitchforks Time At GM—-The Betrayal Of A Thief From The Public Purse

But GM used the government as its personal Luca Brasi to mulct taxpayers – including those people GM just fired – to the tune of $33 billion back in 2009 – so that those jobs would be saved.

That, at any rate, was the alleged basis for the bailout.Now GM is cashing out – and that is cause for pitchforks. The money that GM will save by not paying those 15,000 workers – and not building those cars – won’t be refunded to the taxpayers whose generous, at-bayonet-point “contributions” made it possible for GM to keep its doors open. The money will be pocketed by GM – including CEO Mary Barra, whose annual compensation package amounts to in excess of $21 million. She is the highest-paid CEO of any car company and heads a company that is losing market share, contracting its operations and firing its

 

 

https://www.ericpetersautos.com/2018/12/13/guillotines-and-red-octobers/