Big Three Bail Out
Well, after the congressional committee covered their ass by insulting the CEO's of the big three it now looks like they will get the money. After all, the politicians have covered their ass throwing your money around is the way they will go.Once more, why don't the big three go bankrupt via Chapter 11, rework the UAW contracts and then get a line of credit from the taxpayers money? Then it might work. Doing the same old thing expecting a different result is the classic definition of insanity. But that looks like what is going to happen.
I guess a few billion more here or there makes no difference since we are now 8 trillion dollars in debt. Crank up the printing presses and spend your way to prosperity. Oh, wait. Can you say hyper inflation? If not, better learn how.
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