Obama says that GM’s IPO shows that the auto industry is again on the rise

The truth about cars is very very reputable site and always offer pin point and truthful info.

Sports bike did you read the post on that site about the topic?

I'm no fan of bailouts but I don't get the angst against one of our last major American made manufacturers. I for one do not want American carmakers to go bankrupt and our country be run by transplant import manufacturers.

In case anyone doesn't get it, once we made a lot of goods the world imported from us and now we're reduces to importing most of them from the next rising empire, Communist China.

Yes, that is because the U.S. is a Republic, with a democratic form of government and two party system.

The term Communist China, is rarely used today in the media because they are now our "friends". This is in large part due to the backing and endorsement of the U.S. and major American corporations .

the us government is getting some money back GM is making money thousands of jobs saved sport bike your link is baseless

The people that complain about the bailout to the auto companies,I feel are simply misguided. The fact is the banks that the government bailed out are really to blame. Had they not failed the auto companies might not have had to file for bankruptsy perhaps. When people with average credit could no longer get auto loans thats when the bottom dropped out in 2008 for the auto companies. Further why should Ford be punished by letting the other 2 get scuttled as well as the parts companies. That would have damaged Ford irepairably. I don't understnad why some people are against the United States having a manufactoring base in this country. The auto companies represent the last bastion of large American manufactoring.. We've lost the steel industry and the textile industry. Are the auto companies perfect. Not by a long shot. The thing is they were in the midst of turning themselves around when the mortgage crises hit. GM needed to change it's ways and Chrysler needed a good manager. Both have happened in the last year. Further GM will reduce the US governments debt to 33% after this IPO is completed. So in a year and a quarter there has been a myriad of changes and sales have dramatically improved.The money is being paid back just like what happened in the late 70's when Chrysler paid back the US government for the earlier bailout.Both GM and Chrysler have learned their lesson and have taken tangible steps to get back to top form. Neither is run by car guys anymore.The products from both are interesting and of higher quality-EG Cruze,Volt,Charger, Cherokee etc.But what of the banks. Have they loosened their lending criteria. Not a bit. Rather they got the bailout money and promptly gave their execs a huge pay raise.Can the average business get a loan. Nope. This whole thing is about the banks. it's not about the US three.

This is republican spies..... They are not happy with a middle class and a good standard of living for hard working Americans. They believe the bush tax cuts will save this country WRONG! This is a trickle up economy Americans are consumers at heart and our money fuels this economy and creates jobs not the rich. most of the issues at hand are not about the money from the bailouts it's a hate for the middle class. Who is keeping an eye on how much of the 700 Billion that dwarfs what the automakers received got paid back? who is crying about that massive amount and the banks are still not lending.