Tags: bailouts
If it pisses off the White House...
October 30th, 2009
Hey, if something pisses off the White House, I'm tempted to take a look at it. Since I've been looking at car bailouts and such over the past couple days, I thought this would be right down that same alley. more »
GMAC now going for third bailout
October 29th, 2009
Looks like GMAC, Chrysler's lending arm, is going to get a THIRD bailout from the government. Why? Because it couldn't raise enough capital on its own. more »
If you give a government a car company...
October 28th, 2009
The best part is that I'm sure that the Obama administration believes that this is a "resurgence", or some similar word, of the Chrysler brand. more »
Obama pitching universal health care again
June 16th, 2009
Also, please note something, throughout the whole speech - the President isn't concerned about HEALTH. He's concerned about the COST of health CARE. This is because the government is ALREADY involved in health care, through things like Medicare. Were the whole system run by private companies, the government wouldn't care about the cost. more »
The GM coup
June 1st, 2009
That adds up to 72.5% of the company going to governments, folks. GM's "bankruptcy" is merely an excuse to have it nationalized by our government...and Canada's. Okay, I admit I didn't see the Canada part coming. On top of this, all the private citizens who COULD potentially have bought GM, through shares? Yeah, they're "expected to be wiped out". more »
