J. Gondeck: Where is the payback?

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I just heard the great news that General Motors is turning a profit. When does it plan on paying back the American public that bailed them out? When should we see our payback from the banks, mortgage companies and others the public bailed out?

Hey, President Obama, I’m still waiting for mine. Or is that his real objective, to have the government take over?

Sounds like socialism to me.

Jeff Gondeck, Turner

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Editor’s note: So far, through earlier stock sales and loan repayments, the government has recouped almost half of the $49.5 billion bailout to General Motors.

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