Friday, December 19, 2008

Boycott GM and Chrysler!


$17 billion dollar loan with no provisions:

NEW YORK (MarketWatch) -- The White House announced plans Friday to extend $13.4 billion in loans to troubled Detroit auto makers, with another $4 billion likely available in February, citing the need to avoid "disorderly liquidation" during an already troubled economic period.

1 comment:

Anonymous said...

After the no strings atached money they gave to AIG and all the banks (350 billion) and they did not have to prove thier business model nor have to slash bonuses a little money to big 3 is more than fair. What is not fair is Hank and congress looting Main street and reaming the american tax payer to protect these bastard bankers. Why are these bankers not in jail???