Saturday, January 08, 2011

Barry's Kulaks

2. The General Motors bailout “worked.”

Tell that to GM’s bondholders. CNBC’s Larry Kudlow wrote: “The GM bondholders own $27 billion and they’re getting 10 percent of the common stock in an expected exchange. And the UAW owns $10 billion of the bonds and they’re getting 40 percent of the stock.”

 [Top 10 Political Lies of 2010]
GM-Kulaks

3 comments:

Anonymous said...

"From each according to his works, to each according to his needs." Brought to you by those helpful people who think of themselves as your masters. It's time for a little counter-revolutionary activity.

Casca

Anonymous said...

Amen to that.

DougM said...

From each according to their investment,
to each according to their vote.
You know, looting.

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