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GM Bailout/ Chapter 11
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<blockquote data-quote="iowa boy" data-source="post: 541369" data-attributes="member: 13555"><p>I will be very interested in how this turns out. Will the feds sell its share back when GM becomes profitable again, or will it truly become "government motors" where its daily operations are controlled by the government? Who knows, maybe this is a test run for nationalized health care Obama wants to implement also. <img src="/community/styles/default/xenforo/smilies/FeltTip/smart.png" class="smilie" loading="lazy" alt=":smart:" title="Smart :smart:" data-shortname=":smart:" /></p><p>Another question though too, if congress passes the tax on health care benefits, will GM have to pay this tax? (as they are goverment owned).</p></blockquote><p></p>
[QUOTE="iowa boy, post: 541369, member: 13555"] I will be very interested in how this turns out. Will the feds sell its share back when GM becomes profitable again, or will it truly become "government motors" where its daily operations are controlled by the government? Who knows, maybe this is a test run for nationalized health care Obama wants to implement also. :smart: Another question though too, if congress passes the tax on health care benefits, will GM have to pay this tax? (as they are goverment owned). [/QUOTE]
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