Taxpayer Loss on Obama GM Bailout Now Up to $11.2 Billion

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.


obama20gm

The U.S. government posted a deeper loss than initially recorded

Obama Inc. Sells GM Stock for $10 Billion Loss

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.


obama-gm

It’s no surprise that when the government gets into the stock business, it’s going to lose and lose big.

Government Motors Stole $20 Billion from Taxpayers, Spent $18 Million on Lobbyists

Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is a New York writer focusing on radical Islam. He is completing a book on the international challenges America faces in the 21st century.


01125106.Par.89380.ImageFile

“I still think it’s outrageous that General Motors stole some $20 [billion] or $30 billion from taxpayers. I’m sure, to them, that’s chump change,” said Sen. John McCain (R-Ariz.),