May 6th, 2010 7:37 pm
Darrell Issa Uncovers Treasury-GM Axel of Evil
Rep. Darrell Issa (R-CA) is continuing his one-man assault on government corruption by calling out the Treasury Department for helping GM lie its way back to respectability. Apparently, GM paid off its debt to taxpayers with money from a government (i.e. taxpayer) escrow account and claimed it was free and clear. When the Treasury Department parroted the nationalized car company’s line, Issa, the Ranking Republican on the House Oversight Committee, demanded proof. What he got was a document from Treasury stating it “never” endorsed GM’s claim, accompanied by an attached press release headlined – no kidding – “GM REPAYS TREASURY LOAN IN FULL.”
You can’t make this stuff up.
H/T: The Daily Caller
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