He is right. It cost the American tax payers $60,000 USD for each GM sold in the US in 2009.
What about that do you not understand?
And you don't even own a GM because you know they are over priced crap.
And GM isn't making money, oh ya, some of their operations did once you strip out management costs and a hoard of other things like engineering and delivery to the custom and finance losses. When you add it up, GM is still losing money left and right.
Then their is the government finance arm of GM, GMAC, getting another taxpayer-debt infusion for all the bad loans they issue to GM buyers that no one else will touch. Bad and no credit comes to mind. Want a GM and bad credit, no problem. Go to GMAC, we lend to those that will no pay.
This is just Obama-democrate voodoo ec> Where did you get the idea that GM losing money on every car we sell? You