Thursday, July 21, 2011

OBAMA SWORE TAXPAYERS WOULD BE "PAID IN FULL" - NOW WE LEARN THIS!

U.S. Government Ends Chrysler Investment With $1.3 Billion Loss

Doesn't this headline make you feel all warm and fuzzy inside? No? Me either! I am mad that they let us lose in that deal! How stupid.... Oh wait...unless he wanted us to lose the money. Thoughts?
Darla

Published July 21, 2011

  FoxNews.com

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company
Italian automaker Fiat SpA, which has run the company since it emerged from bankruptcy protection in June 2009, purchased the U.S. government's remaining 98,000 shares in the auto company for $560 million.
The financial loss irritated Republican lawmakers.
"I am deeply disturbed to learn that the Obama administration left $1.3 billion taxpayer dollars on the table in resolving its bailout of Chrysler," said Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee.
Doesn't this headline make you feel all warm and fuzzy inside? No? Me either! I am mad that they let us lose in that deal! How stupid.... Oh wait...unless he wanted us to lose the money. Thoughts?
The news just keeps getting better... Just heard on Fox News that the US aid to Afghanistan has been diverted to aid money laundering, aiding and abetting terrorism, etc... SIGH... Both stories below.
Darla


U.S. Government Ends Chrysler Investment With $1.3 Billion Loss

Published July 21, 2011

  FoxNews.com

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company
Italian automaker Fiat SpA, which has run the company since it emerged from bankruptcy protection in June 2009, purchased the U.S. government's remaining 98,000 shares in the auto company for $560 million.
The financial loss irritated Republican lawmakers.
"I am deeply disturbed to learn that the Obama administration left $1.3 billion taxpayer dollars on the table in resolving its bailout of Chrysler," said Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee.
Doesn't this headline make you feel all warm and fuzzy inside? No? Me either! I am mad that they let us lose in that deal! How stupid.... Oh wait...unless he wanted us to lose the money. Thoughts?
The news just keeps getting better... Just heard on Fox News that the US aid to Afghanistan has been diverted to aid money laundering, aiding and abetting terrorism, etc... SIGH... Both stories below.
Darla


U.S. Government Ends Chrysler Investment With $1.3 Billion Loss

Published July 21, 2011

  FoxNews.com

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company
Italian automaker Fiat SpA, which has run the company since it emerged from bankruptcy protection in June 2009, purchased the U.S. government's remaining 98,000 shares in the auto company for $560 million.
The financial loss irritated Republican lawmakers.
"I am deeply disturbed to learn that the Obama administration left $1.3 billion taxpayer dollars on the table in resolving its bailout of Chrysler," said Rep. Darrell Issa, R-Calif., chairman of the House Oversight and Government Reform Committee.

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