Just heard a 10 second blurb on the radio from my Sen. Hutchinson complaining about dealership closings and all those poor employees that are being laid off.
Rethugs who do this exhibit blatant hypocrisy based (I suspect) upon dealers who've made contributions. I won't condemn KBH based on such a short blurb but I have my suspicions.
The proper gripe is not tweaking the plan; it is the plan.
Update: my heart goes out to anyone losing a job. My point was consistency.
Showing posts with label Auto industry bailout. Show all posts
Showing posts with label Auto industry bailout. Show all posts
Wednesday, June 03, 2009
Friday, March 06, 2009
Kicking the GM Bankruptcy down the road
GM now more open to bankruptcy after audit?
From the Australian News this several month delay has been a bit pricey:
The auditor's finding could also complicate GM's effort to get additional bailout loans from the US Government and other governments around the world. GM has so far borrowed $US13.4 billion from the US Treasury and has asked for as much as $US16.6 billion more. It is also seeking €3.3 billion ($6.5 billion) in loans from the German Government.
From the Australian News this several month delay has been a bit pricey:
The auditor's finding could also complicate GM's effort to get additional bailout loans from the US Government and other governments around the world. GM has so far borrowed $US13.4 billion from the US Treasury and has asked for as much as $US16.6 billion more. It is also seeking €3.3 billion ($6.5 billion) in loans from the German Government.
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