10-27-2008, 09:46 PM
*ahem*
You must remember that these 'bailouts' are NOT a 'gift'.
The USG is purchasing an equity stake in banks, corporations, etc. With the right of first bite if the organization fails. Remember the Chrysler 'bailout' years ago ? Chrysler paid back every dime.
Also, you mean "Big Two". GM and Chrysler are doing the dance, and it's just a matter of time, IMHO.
You must remember that these 'bailouts' are NOT a 'gift'.
The USG is purchasing an equity stake in banks, corporations, etc. With the right of first bite if the organization fails. Remember the Chrysler 'bailout' years ago ? Chrysler paid back every dime.
Also, you mean "Big Two". GM and Chrysler are doing the dance, and it's just a matter of time, IMHO.