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Election-driven news and views . . . by Jim Geraghty.

Oh Good, Another Government Deal With GM.



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The federal government reached an agreement with General Motors. Well, another one.

Hey, how about the “significant fine” being roughly $10.5 billion, since that’s the amount taxpayers lost on GM stock, since they’re the ones that saved this company that sold defective cars for years and covered it up?

Looks like it will be a smaller sum:

UPDATE: Zero Hedge summarizes it well:


Tags: GM


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