The "too big to fail" auto maker sucked tons of money from the Fed. That's money legally stolen from you and me. Now they say they're paying this money back. They're no longer losing money as a business. But this is after bankruptcy proceedings.
What would have happened without the Fed giving them money, and buying part of the business? Wouldn't it have been bankruptcy? Wouldn't the outcome have been identical, except that now it's partly government owned and controlled?
Sorry but not too big to fail at all, just ripe for government take over. Communism?
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