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Obama Campaign Video Has $25 Billion Auto Bailouts Lie

Obama Campaign Video Has $25 Billion Auto Bailouts Lie

The Obama 2012 campaign has released a its epic 17 minute propaganda video “The Road We’ve Traveled,” Has now been discovered to contains a gross inaccuracy. The video claims that General Motors (GM) has fully repaid its federal bailout loan. Which is not true so the documentary contains a $25 billion error.

As reported by Chris Isidore @CNNMoney
(Excerpt) But while the automakers are all posting strong results, taxpayers are still on the hook for billions of dollars. Taxpayers fell $1.3 billion short on the Chrysler bailout and are still waiting for $25.5 billion back on the GM deal. In total, the companies received about $60 billion between them.

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