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Message: Re: GM - Government Made
1
Jun 07, 2009 07:57PM
1
Jun 08, 2009 07:11AM

regarding GM...

lets see... the last adminstration extended the TARP for GM and Chrysler

What did you want Obama to do?.... please explain... should they just let it go bankrupt-- pump nothing else in? If thats the case... why Why didnt Bush allow this to happen..saving the 14 billion that was pumped in.....



This is not the first time the US government has bailed out the auto industry..... Carter admin loaned 1.5 billion to Chrysler....... enabling Chrysler to bounce back and become a profitable company...

If the Fiat-Chrysler merger goes through....... gives a better chance for the taxpayers to get paid back....and for the company to continue to provide jobs/cars in the market.





1
Jun 08, 2009 02:26PM
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