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FBN’s Neil Cavuto on General Motors’ effort to get the government to sell all of its shares in the automaker.
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Have time now General Motors is throttled at the government your -- right to beneficiaries of one of the biggest bailouts in the history of our government wants out from the annoying clutches of our government.
GN.
Wants out from uncle Sam's -- it's true.
The beleaguered auto maker says it wants the president to sell all of its GM shares on the open market case close rescue history nice knowing about enough of it.
Only one little problem Virginia her Uncle Sam he ain't going doesn't want to sell those shares at a loss of GM you're just gonna have to deal.
I'm not at all surprised many it is because that's what happens when the government buys you out it doesn't only own your factories my friends it owns -- soul.
And you can't do a damn thing about it that's why GM is chasing big government is choking.
It can't hire the people it wants at the pay it wants because the government has -- first sign off.
And you know how companies -- -- the government.
The folks who routinely lose trillions.
Advising pay packages and the thousands.
Who dared to lectured JPMorgan executives were bad trade costing about four billion dollars over the course of a quarter.
Than ever acknowledge that's -- these guys did to our nation's debt every day.
Now least JPMorgan made money that quarter the government hasn't done that in years now.
Corporate America at the mercy of politicians who know how to spread this -- but very little about spreadsheets.
It is a little late for GM to be bitching they knew old old this going in.
But to the bigger issue as to why GM really wants out I'll tell you why.
It's sick of being called government motors that's why it doesn't like that sticker it doesn't like being stock.
A company making some pretty good vehicles now being driven off the cliff by the very government.
That rescue did back then it's got this statement and the government simply refuses to let the stigma go and now GM is -- Shocked at the White House may let it go.
The same -- -- that fire company executives when they bought this six sack a pathetic part two years ago.
Still deciding on hiring and firing even mid level executives today.
Wake up GM.
You know who you called in bed with.
Someone with -- even worse financial fleas and you.
A government whose financial prowess was even shakier than yours.
Only you couldn't write yourself to check out of thin air only the government can do that and did and only the government could brag about that and -- Taking credit for a credit line are credit line and now it is your sorry -- that's on the line.
And you want the government to simply -- And so you'll -- and now you feel hopeless will wake up and smell the exhaust fumes DM that is the flip side of getting bailed out.
You never really free you're always some bureaucrats bitch.
So -- -- -- but remember my warning those who seek rescues are always at the beckon call of those doing the rescue.
Did you -- think that once he started getting up and running Nazi they would just pack up and start leaving.
Did you really think politicians wouldn't still want a piece -- you just to showcase you.
And puts you want some pathetic bailed out pedestal to make an example of -- and remind your crucial union workers what they did for you and them.
Now parting isn't such suites are know thinking you ever could get out from undated the home here's what -- are.
And so -- full.
So enough -- with a -- frustration -- Enough with saying -- we've been -- US residents.
Everybody else learned from this -- where a government offering help.
-- only leave you helpless because one day you wake up and realize something.
You weren't cobbled you with problems so wrap your lips around this tail pipe and -- people you are government motors.
For eternity -- -- Will be a quiz.
