 is gm s success fueled by subprime loans  the obama administration has been pointing to the bailout of the auto industry as one of its big successes in the first term but if you look a little more closely it appears that gm has been boosting its sales by offering subprime loans the very thing that brought down the housing industry how is that going to play out for the taxpayers who are still on the hook for billions of bailout dollars read more at  wwwredstatecom ironchapman 20120731 isgmssuccessfueledbysubprimeloans  