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In between ads for 
Nov 11, 2008 03:30 PM
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Detroit, 3:35 AM
Wed Feb 10
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In between ads for CNBC's "Business of High End Prostitution" documentary airing tonight, we noticed the network's mega-mouthed Wall Street money mad-man says it's time for policy makers to "save GM" or else risk "10% unemployment" and the "Great Depression." We happen to think Jim Cramer's right. Is that Socialism? Who cares — we just read bankruptcy won't even be able to help GM because of their inability to secure financing after a declaration of Chapter 11. Yup, it'd be straight to Chapter 7 for the big automaker from Detroit. But, word on the street is that Pelosi's going to call for legislative help during the current lame duck session of Congress. Glad to hear it, because remember, the Financiapocalypse waits for no man, automaker or money maven!
Send an email to Ray Wert, the author of this post, at ray@jalopnik.com.
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