this post was submitted on 05 Jan 2024
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Government money (lemmy.zip)
submitted 8 months ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 8 months ago

They also gave GM a 45 billion dollar stock swap and GM never paid it back. They paid back the loan but not the stock swap. Every time I hear people brag about how the government saved GM I wonder what amazing things any company could do with not only 45 billion to play with but the government ensuring that no one could take them down for a year.

Give me 45 billion and the full faith and credit of uncle sam, I will create so many jobs.