Shelby is one of the asshole republican senators that blocked the loan to the big 3.
He is from Alabama which oh by the way has at least 3 or 4 non union foreign car plants which the state gave huge tax incentives to settle there
Interesting...
Shelby is one of the asshole republican senators that blocked the loan to the big 3.
He is from Alabama which oh by the way has at least 3 or 4 non union foreign car plants which the state gave huge tax incentives to settle there
Yeah I completely agree with you.It's a bail out....They are just putting a different name on it...
Technically anytime you give someone money with a deal to pay it back..It's a loan, but the scare tactics are part of the "bail out" terminology.
If it were up to me, I would have told them all to get fucked:eek
The way that all large corporations do business needs to be evaluated, hell Tim oil went from an all time record peak of over $140bbl, then plummeted to below 30.....
You don't see oil companies running for the hill to ask for money, our company still has a multi-billion dollar line of credit with its banks:dunno
Since the 80's oil companies state side have scrutinized every dollar, we still have fat just not near as much.
Maybe a good run through the spin cycle is what some of these companies need.
This is also true of my governor, Rod Blagojevich.
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