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posts about #bigthreebankrupt more →
Report: GM, Chrysler Consider Bankruptcy For Federal Bailout Loan
| posts about #bigthreebankrupt more → |
Report: GM, Chrysler Consider Bankruptcy For Federal Bailout Loan |
12/04/08
12/04/08
12/04/08
It's impossible for the government to scratch their own asses without going through a laundry-list of debates on where exactly to scratch, and then obtain the necessary funding to outsource their ass-scratching to China or India.
And you expect them to be able to handle car warranties?
12/04/08
Can't wait to see the forms I need to fill out because the window won't go up all the way...
12/04/08
12/04/08
12/04/08
Even so, the point that has pissed off so many when comparing the two situations was that the banks were not pinned, chopped, and fried by Congress in quite the smae way, and nor were were the forced to come up with any sort of business plan indicating that they knew what they needed to change, how they were going to change it, etc.
It was simply a blank check.
I won't deny that it was a necessary bailout for the very reason that you point out, but I will vehemently argue that it was poorly thought out and executed.
12/04/08
12/04/08
Do you:
Turn and run for the door? Turn to Chapter 17
Face the Orks and hope for the best? Turn to Chapter 11
Chapter 17
You push your chair backwards, turn, and sprint with all your might towards the chamber door. But a CSPAN cameraman causes you to trip. As you struggle to your feet, you feel a searing pain as Charles Schumer (D-NY) tears into your hindquarters. Hobbled, you scratch forth at the carpet with bloody fingernails as your field of vision begins to go black. The last thing you remember is looking up at Richard Shelby (R-AL) and his glaring eyes, his droopy jowels covered in your own blood.
12/04/08
"Choose Your Own Adventure" FTW, or for the massive loss in this case.
12/04/08
12/04/08
Haha,that is f**kin funny,never heard that one before.
12/04/08
12/04/08
12/04/08