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  1. 09-25-2008, 03:06 PM #1
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    Default Anyone heard about this BAILOUT?

    Why hell NO!


    By Justin Hyde • Free Press Washington Staff • September 24, 2008

    WASHINGTON -- The U.S. House today approved $25 billion in loans for the troubled U.S. auto industry. Michigan lawmakers hailed the plan as key toward saving thousands of jobs in the state and vowed to press for another $25 billion next year to boost the industry’s retooling.
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    The loan deal dwarfs the $1.2-billion bailout of Chrysler Corp. in 1979, and reflects the economic crisis threatening the survival of Detroit automakers and the companies that rely on them. Automakers had made the loans their priority over the past several weeks, sending all three chief executives to blitz Congress.
    http://www.freep.com/apps/pbcs.dll/a...ESS01/80924069
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  2. 09-25-2008, 03:12 PM #2
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    Quote Originally Posted by Mr. P View Post
    Why hell NO!



    http://www.freep.com/apps/pbcs.dll/a...ESS01/80924069
    yep.....and next the airlines.....and texas....and lousianna...

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  3. 09-25-2008, 03:40 PM #3
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    Quote Originally Posted by manu1959 View Post
    yep.....and next the airlines.....and texas....and lousianna...
    I want to know when they are picking up my mortgage and insurance payments.


    "The government is a child that has found their parents credit card, and spends knowing that they never have to reconcile the bill with their own money"-Shannon Churchill

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  4. 09-25-2008, 04:12 PM #4
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    Quote Originally Posted by Kathianne View Post
    I want to know when they are picking up my mortgage and insurance payments.
    the wife and i were talking about that last night.....as soon as they pass this thing i figured i would just stop paying and ask for fedral assitance......

    no reason i shouldn't get a hand out....

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  5. 09-25-2008, 05:22 PM #5
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    Quote Originally Posted by manu1959 View Post
    the wife and i were talking about that last night.....as soon as they pass this thing i figured i would just stop paying and ask for fedral assitance......

    no reason i shouldn't get a hand out....
    ha, i told my wife last night the same thing about my student loans which are about a mortgage
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  6. 09-25-2008, 05:36 PM #6
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    I wonder where Detroit and Ohio will sell the cars after the bailout..?

    The largest Chevrolet dealership in Atlanta with 4 locations closed their doors and locked em today...no notice to the public.
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