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The Water Cooler
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The GOP strikes again
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<blockquote data-quote="TerryMiller" data-source="post: 3828003" data-attributes="member: 7900"><p>Perhaps Ford did borrow some, but now answer the question as to whether the automakers "paid back" all that was borrowed. General Motors and The Chrysler Group did <strong>NOT</strong> pay all their debt. I don't know whether Ford paid all of their loans back.</p><p></p><p>In fact, GM's CEO at one time was in a commercial stating that they had paid back all of their loans "with interest," but in reality, that "pay back" was done with more funds that were borrowed from the government. Even someone in the Obama administration had to verify that GM's pay back was with more government money.</p></blockquote><p></p>
[QUOTE="TerryMiller, post: 3828003, member: 7900"] Perhaps Ford did borrow some, but now answer the question as to whether the automakers "paid back" all that was borrowed. General Motors and The Chrysler Group did [B]NOT[/B] pay all their debt. I don't know whether Ford paid all of their loans back. In fact, GM's CEO at one time was in a commercial stating that they had paid back all of their loans "with interest," but in reality, that "pay back" was done with more funds that were borrowed from the government. Even someone in the Obama administration had to verify that GM's pay back was with more government money. [/QUOTE]
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