Taxpayers Lose $10.5 Billion On General Motors Bailout

You know, this could have been a lot worse. So… up-twinkles, I guess. Only losing $10.5 billion on a payoff to special interests (in this case, labor unions) qualifies as a roaring success by current Washington standards. And, sadly, I don’t just mean Obama standards. Fox Business brings us the happy news that the “G” in GM no longer stands for “Government”: The Treasury Department on Monday announced that the government has sold its remaining shares of General Motors (GM) and Read more […]