I would feel alot better about all this GM investments with my tax money, IF I OWNED a GM CAR OR TRUCK, but I don't...

FD:
When do we a Tax Payer Discount at GM and a car loan at GMAC?


from The Wall Street Journal
The Treasury Department is poised to inject more than $7 billion into GMAC, the first installment of a new government aid package that could reach $14 billion, according to people familiar with the matter.
The injection is designed to firm up the company's balance sheet and allow it to grant loans for car purchases at General Motors and Chrysler.
The increasing infusion of taxpayer money into GMAC could turn the federal government into a large -- and potentially majority -- shareholder in the company, which is now owned by GM and a group led by private-equity firm Cerberus Capital Management.
http://online.wsj.com#mod=djemalertNEWS