Illinois Pension Reform One Step Closer‏

This week, State Treasurer Dan Rutherford drew a line in the sand. Dismissing shortsighted calls for more borrowing, he pledged to warn would-be lenders against extending more credit to Illinois’s spendthrift state government. I spoke with Rutherford about his stand; listen in.

Much of the state’s borrowing in recent years has been for government employee pensions costs – which are climbing annually. But this pattern of borrowing for pensions could someday halt if a pension reform proposal succeeds in Springfield.

Pension reform language was just posted at the statehouse. Collin Hitt read the bill and offers up his review here. Simply put, a vote for pension reform will brighten this state’s future – a vote against it will push Illinois further into economic decline.
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Illinois Pension Reform One Step Closer‏”


Union Thugs Protest The Wrong Place!

-By Warner Todd Huston

I guess that getting the correct information when arranging a smear campaign and protest is not necessary when you are the Service Employees International Union (SEIU). Who needs to be in the right when you are an important, powerful, politically connected union, eh? The seriousness of the charge and the effort to “raise awareness” is far more important than targeting the right people to smear, right?

It seems that the SEIU decided to picket against Marcellus Shale drilling, sometimes called hydrofracking, and the severance tax associated with it. So the government employee union picked a site in Hastings, Pennsylvania to highlight this subject and to shame the company that owns the property into siding with them.

Only one tiny, little problem. There is no Marcellus Shale drilling going on at the site they descended upon with their protests. And there never has been. It turns out the SEIU got the wrong place.
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Union Thugs Protest The Wrong Place!”


Fed Up With The Price At The Pump?

This new video from the House Energy Action Team, a group of House Republicans dedicated to pushing the Administration to adopt commonsense energy policies, does a fine job to elucidate some of the problems we face in our energy sector.

More on the House Energy Action Team (HEAT): The Goal is to present a clear message of viable energy policy alternatives that are clearly communicated to the American public. H.E.A.T. will clearly demonstrate that House Republicans are on the side of the consuming public and business community who are increasingly harmed by the high energy prices.

In short: H.E.A.T. will convey that robust domestic energy production creates thousands of good jobs and enhances our national security.

Republican Majority Whip Kevin McCarthy (R, Calif.) and Chief Deputy Whip Peter Roskam (R, Ill) are co-chairs of H.E.A.T.


Hypocrisy: Obama’s Stock And Trade

-By Warner Todd Huston

Obama’s National Labor Relations Board made itself infamous not long ago by attempting to tell Boeing in what state it was allowed to build a new manufacturing plant. Indulging his penchant toward anti-business, anti-capitalist sentiment Obama decided that he was the final arbiter on where companies were allowed to move and set up shop. Boeing was evil, you see because they wanted to get out from under the business-destroying grip of unions.

The monsters at Boeing were “retaliating” against the unions said Obama and his NLRB. Boeing was moving its plant from Washington State to North Carolina because in NC the unions have less power. So, it’s the unionista in chief to the rescue of the jobs-killing unions. Boeing needs to be slapped down for it’s evilness, don’t you know?

But, here is where Obama’s ever present hypocrisy rears its ugly head once again.
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Hypocrisy: Obama’s Stock And Trade”


The Nation’s ‘Best’ Export

-By Frank Hyland

The definition of the “best” export that the United States could possibly have is: One that is Win-Win for everyone, but especially for us here in the US. Also, the export commodity should be one that we want to export. Finally, the commodity would be inexpensive to obtain for those to whom we export it, at least at first.

With those criteria in mind, I will tell you that I’m speaking of the United States “exporting” to the People’s Republic China (PRC) one Barack Hussein Obama. I can see the question marks appearing in that bubble above your head as you say to yourself, “Huh?” But just think how much better off the US would be if Obama were comfortably ensconced in Beijing rather than in Washington, DC. The increase in Chinese military power would grind to a halt, making the PRC less of a threat to the US. The PRC economy, now increasing at the rate of 8% a year or more, would also grind to a halt and then begin a downward spiral as the US economy has done. This would be especially true if he were to take Ben Bernanke and Tim Geithner with him to guide the PRC economy. Night and day printing of the Chinese currency, the Yuan, would alleviate the greatly weakened US currency and restore the dollar to its former luster. While much of the present danger to the world from North Korea exists because China is North Korea’s best friend and refuses to rein in Kim Jong-Il, just imagine the terror that would result in Pyongyang upon discovering that Obama was now their best friend. Bye-bye Kim. The Chinese people would notice little difference, if any, were Obama to be exported to Beijing. They already are very much used to being told by the government what to do and then being forced to do it. The more I think about this, the more I think that the entire White House, the entire Cabinet, the entire workforce of several departments (Education and the EPA for just two), should be exported as a package deal for the same low price — Free. As a bonus, we’ll throw in several Members of Congress at no extra charge.
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The Nation’s ‘Best’ Export”


The Fannie Mae Mess

-By Alan Caruba

It was a relatively short Wall Street Journal article on Saturday, May 7th. “Fannie Mae Falls Back Into the Loss Column.”

“Fannie Mae reported a net loss of $6.5 billion for the first quarter as a weakening housing market dashed hopes that the company had stabilities,” wrote Nick Timiraos. “Fannie said Friday it would ask the government for a fresh taxpayer infusion of $6.2 billion after paying dividends to the Treasury.”

What we are witnessing—and paying for—is the way this “government-sponsored enterprise” (GSE) has distorted the nation’s housing market since it came into being. Freddie Mac is another GSE that shares the blame.

In a Cato Institute Policy Analysis by David Reiss, the author notes that “Fannie and Freddie are extraordinary large companies: together they own or guarantee more than 40 percent of all the residential mortgages in the United States. This amounts to more than 4.2 trillion dollars in mortgages.”
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The Fannie Mae Mess”


Liberals Are Haters, They Prove it Again at Chicago Rally

Rebel Pundit of Chicago has once again confronted the hatemongers of the left at one of their so-called protest rallies in downtown Chicago to prove that liberalism is a mental disorder.

Before you click on this video, I have to warn you that these leftists are nothing if not foul mouthed, distempered, and wholly uniformed, not to mention hypocritical.

This one may not be safe for work if foul language is a no no…


Children’s Book Publisher Collapses to Radical Environmentalist Pressure

-By Warner Todd Huston

Extremist environmentalists have won yet another victory for propagandizing our children in schools by forcing Scholastic Books to junk a proposed energy-themed classroom education packet that treated the subject in a more even handed mode in favor of a program that only pushes extremist enviro policies. Yes, once again, the hard-core, anti-capitalist left has won a victory to control what our kids are taught in our schools.

As we learn from Commentary Magazine, Scholastic’s energy program has been under attack from the far left for weeks. Mother Jones Magazine, The New York Times, Greenpeace, the Sierra Club, and the group aptly named “Treehugger” have been attacking the children’s book publisher to force them to jettison the proposed series because Scholastic had authored the program in partnership with the American Coal Foundation.

The 4th grade lesson program was built on a larger look at America’s energy products including coal, oil, natural gas and nuclear power along with the so-called green energies of wind and solar power. But the inclusion of traditional (and technologically possible) forms of energy like coal, oil, natural gas and nuclear was enough to send the heads of the radical enviro-wacko’s heads spinning.
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Children’s Book Publisher Collapses to Radical Environmentalist Pressure”


Creating Poverty Through ‘Social Justice’

-By Frank Salvato

We have been hearing a lot about “social justice,” during the tenure of the Obama Administration. From Eric Holder to John Holdren, Lisa Jackson to Van Jones to President Obama himself, the goal of social justice appears to be at the forefront of Mr. Obama’s agenda for the country. But while the term sounds innocuous enough, the goal itself is quite sinister and the road to getting there creates havoc and waste but for the chosen few.

A recent San Francisco Chronicle article proves this point beyond doubt:

“San Francisco’s much-heralded ‘social justice’ requirements for city contracts are costing local taxpayers millions of dollars a year in overcharges, according to workers in departments ranging from the Municipal Transportation Agency to the Department of Emergency Management.

“In one case, a Muni worker said the city paid $3,000 for a vehicle battery tray. Such parts can be found online for $12 to $300, depending on the type of vehicle…

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Creating Poverty Through ‘Social Justice’”


VIDEO: The Morality of Profit

Profit is not “taken,” it is earned. Profit is as moral as can be.

Courtesy of the Atlas Network.

The Atlas Economic Research Foundation is a nonprofit organization connecting a global network of more than 400 free-market organizations in over 80 countries to the ideas and resources needed to advance the cause of liberty.

Atlas Network Your Tube Channel.


Rahm Emanuel Officially Sworn In As Chicago’s Newest Mayor

-By Warner Todd Huston

Rahm Emanuel is now officially sworn in as Chicago’s 46th mayor so we can now officially swear at him. Of course, we all know that today’s ceremony was merely a formality as he was anointed mayor months ago the second that Mayor Daley announced the end of his long reign of fiscal irresponsibility in the Windy City.

Interestingly, WLS news said that there were many seats left empty at the ceremony, even in the VIP area. One might assume that Mayor Emanuel has yet to endear himself to all the little people. With his no-nonsense, hard-nosed reputation, one wonders if he ever will?

Saying, “Our city’s financial situation is difficult and profound,” Emanuel warned the city that his upcoming term will not be an easy one.
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Rahm Emanuel Officially Sworn In As Chicago’s Newest Mayor”


A Tidal Wave of Debt

From the office of Rep. Peter Roskam (Ill, 6th District)…

It’s no secret America is facing a tidal wave of debt.

We all know that Washington must stop spending money it does not have. At its current rate, Medicare will go bankrupt in just nine years. Think about that.

If we do nothing, we’re guaranteeing that Medicare and other crucial safety net programs won’t exist for the next generation.

Disturbingly, Democrats’ plan does nothing to save these programs. In fact, the White House’s own budget lets Medicare simply go bankrupt, all while increasing taxes by $1.5 trillion on job creators. That is not a serious proposal.
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A Tidal Wave of Debt”


Another Example of How Ron Paul is Hypocritical on Supposed Fiscal Responsibility

-By Warner Todd Huston

Ron Paul’s acolytes like to claim that “Doctor” Paul is the only candidate that is serious on fiscal matters, the only candidate that is fiscally conservative, the only one that talks the talk and walks the walk. Too bad this is all BS… and here is yet another example of this fact.

T. Boone Pickens is back again. After he tried to make a big splash out of his ideas on windmill power (epic fail, that one), the Pick man is back at the public trough urging Congress to create a number of taxpayer-funded subsidies for companies that buy and manufacture vehicles that run on natural gas.

The Pickster has roped a whole gaggle of Republicans into his next boondoggle and guess who has signed onto the bill? Yep, Mr. fiscal responsibility hisself “Doctor” Ron Paul.
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Another Example of How Ron Paul is Hypocritical on Supposed Fiscal Responsibility”


VIDEO: Senator Enzi Says Boeing Complaint by NLRB ‘Not the Way to Encourage Jobs in U.S.’

-By Warner Todd Huston

During a hearing last week on middle class employment, Senator Mike Enzi (R-Wyo.), Ranking Member on the Senate Health, Education, Labor and Pensions (HELP) Committee, said that the Obama Administration’s policies are costing America good, middle class jobs.

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VIDEO: Senator Enzi Says Boeing Complaint by NLRB ‘Not the Way to Encourage Jobs in U.S.’”


Obama’s Plan to Force Fed. Contractors to Disclose Political Donations Meeting Bi-Partisan Opposition

-By Warner Todd Huston

Barack Obama’s Executive Order that requires federal contractors to disclose the political contributions they have made is garnering bi-partisan opposition on the Hill this month.

The order would force contractors to reveal any political donations as a condition for being allowed to bid on a contract to work for the federal government. And the order doesn’t only require the company to disclose donations but would also force the directors or company officers to reveal their personal donations as well. Naturally, this same requirement is not forced on unions. (You can see a draft of Obama’s order HERE)

This forced disclosure, however, is not sitting well with either Democrats or Republicans.
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Obama’s Plan to Force Fed. Contractors to Disclose Political Donations Meeting Bi-Partisan Opposition”


Do SEIU Members Know Their Union Consorts With America’s Enemies?

-By Warner Todd Huston

This is one thing that always flummoxes me. Over the last few decades American labor unions have increasingly become adjuncts, associates, pals, close friends — what ever you want to call them — with anti-American groups like the Communist Party USA and various socialist, anti-Israel groups, and pro-terror groups like the many pro-Palestinian groups. So, what the hell are the regular, presumably true American rank and file members doing about this fact? Are they aware of it? If they are aware of it why do they sit idly by while their union leaders consort with enemies of the United States of America?

The May Day rally in L.A. is just the latest example of major American unions joining hands with commies, socialists, terror-supporters and anti-Americans.
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Do SEIU Members Know Their Union Consorts With America’s Enemies?”


Captain Quinn Navigates Illinois’ Economy

-By Dan Proft

If Governor Pat Quinn had been CEO of the White Star Line in April of 1912 I suspect his reaction to the Titanic’s sinking would have been to report that he had successfully transported 705 people from England to New York City. Never mind the 1,517 who didn’t make it.

This is Captain Quinn’s approach to stewarding the business climate in Illinois. When major employers begin making noise about leaving, Quinn secures for them a spot on one of the state’s few remaining lifeboats and declares them another satisfied customer.

So Caterpillar is staying in Peoria and Motorola Mobility is staying in Libertyville and undoubtedly enough tax relief will be provided for Sears to remain in Hoffman Estates.
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Captain Quinn Navigates Illinois’ Economy”


Wanted: A Commonsense U.S. Energy Policy

By Congressman Peter Roskam (R, Ill.)

Americans have weathered one economic storm after another over the last few years. Yet, time and again, Washington policies have only made our families’ woes worse. From a failed trillion dollar stimulus to a healthcare overhaul that costs jobs and makes healthcare more expensive, Washington policies keep making it harder when Americans need the help most.

The latest: gas. Just as our economy is showing signs of recovery, gas prices are skyrocketing. In Chicagoland, a gallon of gas already costs over $4.50. That means pain for family budgets and employers trying to control costs and hire new workers. But smart federal policies can help. If we choose wisely, we can help lower energy costs for families with an all-of-the-above energy approach.

Taking advantage of America’s natural resources is a commonsense way to lower gas prices, reduce our dependence on foreign oil, and create jobs here. Unfortunately, many refuse to listen to commonsense.
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Wanted: A Commonsense U.S. Energy Policy”


Republicans Fighting Their Own Right-To-Work Measures?

-By Warner Todd Huston

The Associated Press is reporting that resistance to right-to-work laws is coming from a surprising source in many states where the legislation has been lately introduced. It seems that Republicans themselves are divided on the efficacy of right-to-work laws and are busy obstructing other Republicans that are for such laws.

AP notes that only one state, New Hampshire, which has newly introduced the bill, has seen it pass the legislature but even that state still might find the thing vetoed by a Democrat governor. In several other states Republicans are bickering over the law stalling passage.

Maddeningly, AP reports that, “some Republican lawmakers who represent more heavily unionized areas have teamed up with Democrats to protect unions from the legislation.” Certainly Democrats that have for decades had their hands in the union till are against a right-to-work law, but that these liberal Republicans are also reticent to pass the economy-spurring law is infuriating.
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Republicans Fighting Their Own Right-To-Work Measures?”


Thanks Governor Quinn: Illinois Loses Another Business and One More (Sears) on the Way Out

-By Warner Todd Huston

Wisconsin is celebrating over the stupidity of the political class in Illinois, a state that is steadily destroying its business climate and mounting some pretty high tax rates. The town of Menasha, Wisconsin, though, loves Illinois because Prolamina Corp. has chosen it for a new flexible-packaging plant, one it is moving from the Land of Lincoln to Wisconsin.

Prolamina Corp. will begin building its new facility in Wisconsin in August. The facility will be serving the needs of the “tobacco, cheese, pouch materials, pet food, medical, produce and snack food markets.”

“The location offers lower operating costs, improved response times and lower freight costs to customers,” said Bevis, who started the company last year as Packaging Solutions Holdings Inc., Lake Forest, Ill.

So, Illinois has lost yet one more business. There has been a steady stream of business fleeing from Illinois.

This news comes as a prelude to reports that Sears is shopping for a new state to move to, as well.

Sears has its Headquarters in Hoffman Estates, Illinois, a western suburb of Chicago but is now considering a move out-of-state.
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Thanks Governor Quinn: Illinois Loses Another Business and One More (Sears) on the Way Out”


Union Member Fired By Union For… Organizing a Union?

-By Warner Todd Huston

This is always the most amusing sort of union story, but a union boss is mad at one of his members for organizing a union and allegedly fired him over it. Confused? I can understand why. After all, aren’t union members supposed to organize workers? So, how could a union member get fired for doing just that? Read on, McDuff.

As the story goes, one Mr. David Highnote seems to have gone out on a low note from the Amalgamated Transit Union (ATU). Highnote recently filed an unfair labor practice charge against his union alleging that the ATU threatened him and then fired him for organizing other union members.

He wasn’t just organizing workers of businesses, however. Highnote was organizing the staff that works for the union itself.
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Union Member Fired By Union For… Organizing a Union?”


Dear Federal Gov’t, Who Do You Think You Are?

-By Warner Todd Huston

One of the main forces behind the Tea Party movement and the disgust that many Americans have with the federal government is its supreme arrogance and its constant unwanted and unwarranted power grabs. This is one of the things that the American people really need to put their attention toward reversing.

Perhaps it is just beginning?

Alaska, for instance, has just thrown its weight behind the opposition to the federal government’s obscene persecution of an Alaskan citizen who was arrested for violating rules that the federal government has imposed on those Alaskan waterways flowing through national parks.
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Dear Federal Gov’t, Who Do You Think You Are?”


Scaring Mothers and All Others – The BPA File, Part Four

-By Alan Caruba

In a revealing article in the April issue of The Atlantic, “Beyond BPA: Could ‘BPA-Free’ Products Be Just as Unsafe?” the effort to scare American consumers and others around the world comes full circle. In essence, the people and organizations behind campaigns to ban bisphenol-A (BPA) and anything made from plastic exist to frighten everyone about everything.

From the snake oil salesmen who pitched their phony medicines in the days of the early West to today’s purveyors of fear about a wide range of chemicals that protect health and extend life, the key element remains the same; they lie to enrich themselves.

As John Entine wrote in an article, “Scared to Death”, “When it comes to stories on so-called toxic substances, the public discourse seems infected by a malady worse than microscopic residues: chemophobia.”
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Scaring Mothers and All Others – The BPA File, Part Four”


GM Exec: Reporting GM’s Failures Hurts… Republicans?

-By Warner Todd Huston

In an odd turn of events, former GM Vice Chairman Bob Lutz thinks that anyone that criticizes GM is not only “mis-informed” but insists that those “foaming ideologues” that criticize the car giant are “damaging the Republican Party.”

It is interesting that an executive in the company derided as “Government Motors” is trying to direct attention away from his minders in the Obama administration and toward the opposing party, and just before a general election at that.

It is also interesting to see Lutz defending GM as the “future” of the car business. Lately GM has not been turning out the sort of products that puts the company at the head of much of anything.
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GM Exec: Reporting GM’s Failures Hurts… Republicans?”


Is Obama Planning to Impose DISCLOSE Despite the FEC, Congress AND The Supreme Court?

-By Warner Todd Huston

You may remember last year, when union-backed Democrats nearly passed the so-called DISCLOSE Act, imposing financial disclosure for companies, while excluding unions.

Well, the DISCLOSE Act is back…Sort of.

Based on pretty solid reporting by Pajamas Media and confirmed by Huffington Post, it appears that the Obama Administration is preparing an Executive Order to force portions of the DISCLOSE Act on all federal contractors.
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Is Obama Planning to Impose DISCLOSE Despite the FEC, Congress AND The Supreme Court?”


Bogus Sex Scares Used to Ban BPA – The BPA File, Part Five

-By Alan Caruba

Over the course of the first four elements of The BPA File, we have documented a massive, global campaign to ban bisphenol-A, BPA, a chemical that has been safely used for more than a half century to protect metal and plastic containers for food and liquid against spoilage and the resulting hazard to health.

Every day, somewhere in the nation and the world, there is a constant repetition of lies regarding BPA They frequently target the fears of mothers of newborn infants, but also allege a wide variety of other health threats including a healthy sex life for men and women.

In the same fashion that the global warming hoax was spread and maintained by a campaign that asserted that everything from frizzy hair to blizzards was the result of a dramatic warming cycle that was either happening or predicted to happen, the effort to ban BPA uses the same technique.
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Bogus Sex Scares Used to Ban BPA – The BPA File, Part Five”


Arrogance: Obama Decides HE Can Tell A Company Where They’re Allowed to Build

-By Warner Todd Huston

Barack Obama thinks he has the power to tell companies where they are “allowed” to build new facilities and, shock of shocks, Obama wants all those facilities to be in union controlled states.

Last week Obama’s National Labor Relations Board (NLRB) announced its plans to force Boeing to keep building its aircraft in union plagued Washington State instead of building its planned new facility in South Carolina — a right to work, union free state.
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Arrogance: Obama Decides HE Can Tell A Company Where They’re Allowed to Build”


Expect the GOP to continue criticism, fight against EPA

-By Scott Portman

With a failure to hit the Environmental Protection Agency’s budget anywhere near expectation in the resolution last week, the GOP will likely have to switch its plan of attack on the EPA regulations that are threatening to cost businesses jobs and money in the near future.

The GOP had been pressuring in Capitol Hill on the EPA’s greenhouse gas regulations through multiple attempts and proposals to cut their budget. While republican reps were looking for a 30 percent cut to the budget, the resolution came back with only a mere 16 percent cut to the EPA. Despite the failure to have the budget cut to their liking, the GOP has managed to take part in fights over legislation throughout the early months of 2011 as well.

Senator James Inhofe was one of those responsible for the Energy Tax Prevention Act, which is geared to attack the EPA’s cap and trade tax that allow them to lay costly regulations on businesses over greenhouse gas emissions. Inhofe saw the act as a major positive, saying that “The Energy Tax Prevention Act leaves all of the essential provisions of the Clean Air Act intact, ensuring that Americans will be protected from pollution that has direct public health impacts. It also prevents EPA from twisting the Clean Air Act into a bureaucratic obstacle to growth and expansion.”
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Expect the GOP to continue criticism, fight against EPA”


Geithner’s Spin: Auto Bailout A Success

-By Warner Todd Huston

At the Detroit Economic Club today, Treasury Secretary Timothy Geithner tried to claim the auto bailout is a success.

It certainly doesn’t seem like a success for the taxpayers. GM stock is about $30 today, and unless it gets up to $54, the taxpayers lose money on the deal. Why would it go up? You want to fight high gas prices by buying a Volt? How does $41 grand a pop sound? And still GM loses money on every one it sells even at that price. Not only that but we are seeing that government subsides for electric cars is good tax money wasted in any case.
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Geithner’s Spin: Auto Bailout A Success”