Quote:
Originally Posted by The_Blur
GM isn't reaching into government funds to pay government funds anymore. GM is reaching into funds in its own bank to pay the government. This money has already been transferred from the US Treasury to GM. GM has full control of how to use that money. Since GM is doing well enough to leave that money alone, it makes no sense to wait to pay it back.
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However the money was originally sourced from the US government, not from GM profits. That would be like this:
Sam: You're having a hard time, I'm going to give you $5,000
Max: Oh thanks! This will really help.
Tom: I'm also going to help you with this loan..for $3,000.
Max: Oh thanks! This will really help!
*two months later*
Tom: I dont need all of this..so I'm going to repay Tom's LOAN with money from SAM.
Essentially GM hasnt paid out any of its hard earned money at all. They havent paid out any money from their own profits, all they've done is paid off one loan from the government..with money GIVEN to it by the government.