Study: UAW Cost Taxpayers $23 Billion for Auto Bailout

Thursday, June 14th, 2012 and is filed under News

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Obama would have you believe that he magically reserected GM and Chrysler and turned them into profitable entities.  The problem is that is wasn’t free and GM/Chrysler are dead.  What exists now is the United Auto Workers union car company, which received $23 billion in preferential bailout money – all in contravention to our bankruptcy laws, according to a new study.