a whopping 41% but the American Liberal Lickspittle Media ignores it.
EXCERPT: “General Motors’ profits fell 41% in the second quarter as troubles in Europe undercut strong sales in North America. America’s largest automaker made $1.5bn in the second quarter of 2012, compared with $2.5bn for the same period last year. Revenue fell to $37.6bn from $39.4bn in the second quarter of 2011. The results exceeded analysts’ estimates, but further underlined Europe’s drag on the US economy.”
Evidently buying his own car company to play CEO with did not work out so well for Lord Barry but then again, it was OUR MONEY not his, so what the hell. Just another BAD investment, like Solyndra and a host of others.
Speaking of idiots, did anyone catch the interview of the liberal mayor of Stockton saying “we ran out of money!” Funny how Socialism ALWAYS seems to run out of other people’s money to spend.