Here comes yet ANOTHER bailout BOHICA.
We (taxpayers) loaned US automakers a mere $25 BILLION in September, and they are now looking for another $50 BILLION. What will it be in 2 MORE months-$100 billion?
Why are we doing this? The rationale seems to be that if GM, Ford, and/or Chrysler were to go out of business, [...]
Filed under: Economy | Tagged: bailout, bohica, Obamanation, uaw | Leave a Comment »