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<blockquote data-quote="The Other Side" data-source="post: 1198521" data-attributes="member: 17969"><p>The truth?</p><p></p><p>Chrysler had until 2017 to repay the goverment for its tarp loans but paid off their loans completely early last year. GM recieved 50 billion dollars and as of today, only owes the goverment 14 billion and is on schedule to repay its loans after coming off its best profit year in 10 years.</p><p></p><p>You cant compare loaning money to a bank and selling cars.</p><p></p><p>Banks took goverment money, raised interest rates on consumers and invested overseas. Car companies have to make a product, change designs, advertise and cant simply raise interest rates to rip off customers. They have to do it the hard way, EARNING IT.</p><p></p><p>Banks simply steal it from customers.</p><p></p><p>Get a grip. </p><p></p><p>Peace</p><p></p><p>TOS</p></blockquote><p></p>
[QUOTE="The Other Side, post: 1198521, member: 17969"] The truth? Chrysler had until 2017 to repay the goverment for its tarp loans but paid off their loans completely early last year. GM recieved 50 billion dollars and as of today, only owes the goverment 14 billion and is on schedule to repay its loans after coming off its best profit year in 10 years. You cant compare loaning money to a bank and selling cars. Banks took goverment money, raised interest rates on consumers and invested overseas. Car companies have to make a product, change designs, advertise and cant simply raise interest rates to rip off customers. They have to do it the hard way, EARNING IT. Banks simply steal it from customers. Get a grip. Peace TOS [/QUOTE]
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