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Blackmoor VituperativeGM pays back the loan
I could not be more be more surprised if a Chevy Volt fell out of the sky and into my living room: GM paid back its eight billion dollar loan.
Now, GM still owes the US taxpayers some $45 billion — most of GM’s stock is owned by us. And I still think the various bailouts were bad for the United States and, frankly, an abuse of government power. But to get anything back at all is a pleasant surprise.
My hat is off to you, GM. Well done.
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