We the taxpayer are going to lose 14 Billion dollars and the White House is touting this as a victory ? Id like to know who they think is stupid enough to fall for that. How much are we going to lose on the loans to Ford ? Oh thats right Ford pulled it off without a handout from the government. We lose nothing on Ford. How about the GM bond holders who were robbed? The Unions ended up owning GM free and clear. T

White House: Obama's 'difficult decisions' on autos paying off

Two years after President Obama decided to bail out General Motors, the White House credited the president's “political courage” and the efforts of the company’s stakeholders for turning around the Big Three auto companies.