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Friday, November 7, 2008

Editorial: Why the GM/Cerberus/Chrysler Bailout is bad for taxpayers and doomed to fail without the benefits of a Chapter 11 filing for both Chrysler and GM | The Truth About Cars

Editorial: Why the GM/Cerberus/Chrysler Bailout is bad for taxpayers and doomed to fail without the benefits of a Chapter 11 filing for both Chrysler and GM | The Truth About Cars:
"GM, GMAC and Chrysler are not credit worthy and are unable to borrow money on any basis, secured or unsecured."
Which means, of course, that the democrats will lend money to them.

1 comment:

Anonymous said...

Harry,

It was great to meet you at the Moose! Your band is great.

raybfry@aol.com aka P.S. # 227

Please keep in touch!