Quote:
Originally Posted by RedBarchetta
It just sickens me to hear that Congress is so quick to provide emergency funding of $15B "for a couple months", when it does nothing to solve the problems. And then Sen. Reid has the audacity to state, "And if during that time they can't come up with a reasonable business plan, we can call back the loan."  And with what collateral?!? I suppose Congress doesn't understand that all of the existing secured loans and lines of credit have a first position?!? Does Congress just believe that all of the existing lien holders are going to be subordinated overnight?!? DREAMERS!!! This is becoming the biggest cluster f*** in the history of mankind. Whatever happened to free market economics? Whatever happened to patience? What ever happened to swallowing the nasty tasting medicine and moving on to better health? |
Congress will inherit 150,000 unsold GM cars to sell and recover their loan.
Now there would be a sale!