 gm s success story  crazy joe   ldquo the intellect of the democratic party rdquo  said   ldquo general motors is alive and bin laden is dead rdquo  and then michigan rsquo s worst governor jenny granholm did her version of the demented ldquo howard dean rdquo and boasted about how obama and the democrats had saved the automaker from destruction the truth is that an analysis by the independent factchecking group propublica found that for all the purported success the auto bailouts are on track to be the most costly move for the federal treasury from the 700 billion troubled asset relief program with losses far exceeding the costs of bailing out wall street rsquo s banks and investment firms despite record profits at gm in recent quarters its share price of 2245 still is about 30 less than the breakeven price that the federal government needs to unload its remaining 26 percent share of the company without a loss gm has paid back 228 billion of the 507 billion in tarp money it received under mr bush and mr obama while gmac rechristened ally financial the detroit automaker rsquo s financing arm still owes almost 14 billion of the 162 billion it received from taxpayers for the truth about obama rsquo s great success story for gm click on the following story link  http wwwwashingtontimescom news 2012 sep 6 democratsrhetoricdrivenbyautobailout  18  