To put all those lies to rest - the government will be losing billions on the GM bailout.

http://www.detroitnews.com/article/20121219/AUTO0103/212190382/Treasury-announces-GM-exit-strategy-automaker-buying-200-million-shares-from-U-S-?odyssey=mod|breaking|text|FRONTPAGE

...taxpayers will almost certainly lose billions of dollars in the $49.5 billion GM bailout. If the government sold the rest of its stock at current prices, taxpayers would lose more than $13 billion.

"The government should not be in the business of owning stakes in private companies for an indefinite period of time," Assistant Treasury Secretary Tim Massad said. "Moving to exit our investment in GM within the next 12 to 15 months is consistent with our dual goals of winding down TARP as soon as practicable and protecting taxpayer interests."



Huh? Protecting taxpayer interests?????