What’d General Motors Company (GM) Steal From Uncle Sam?

Bottom line
If you read in my disclosure below, you’ll see I own stock in both Ford and GM. I own stock in both for completely different reasons. I believe Ford Motor Company (NYSE:F) to have excellent management and is way ahead of GM in operating efficiency and global consolidation of platforms – helping it create a net income off lower revenue. It’s also way ahead in creating value and quality in segment trends dominated by fuel efficiency – not to mention its F-Series is the best-selling truck for 36 years.

I own GM because my taxpayer dollar helped fund its lifeline – which they clearly are taking advantage of. If it gains a competitive advantage from wiping billions of debt from their balance sheet and will undoubtedly profit from it, I will also, only as long as I hold shares of GM before its stock price increases from using this advantage. I’m not advocating that you buy into General Motors Company (NYSE:GM), but only recognize what GM has truly taken from us taxpayers, and explaining the only possibility I see of you personally getting money back from it. Don’t expect a thank you note from GM anytime soon – even though every single American taxpayer deserves it.

The article How Much GM Truly Stole From American Taxpayers originally appeared on Fool.com and is written by Daniel Miller.

Fool contributor Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford.

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