What GM’s New IPO Really Means For American Taxpayers

A $38 Billion Dollar Loss.

What did you expect?

We knew what would happen, that’s why we were so opposed to bailing them out in the first place.

I wonder if all those pension fund holders feel raped a second time now?

Eric Bolling of “Follow The Money” appearing on ‘America Live’, 11.18.2010 to explain how the American taxpayer is taking yet another loss in order to protect crony capitalism, the unions, and foreign investors.