Originally Posted by Yotsuya
Well, I'll give Bush credit for at least making a decision rather than put his head in the sand and letting advisers make cryptic comments.
I agree, it's really sad when Congress basically did just that
" Oh ...this is such a mess! .... oh well.... time for my vacation K thnx bye"
I'm not thrilled by the idea of giving them free cash, but having more than 2 million people out of work & that number is swelling fast, really takes away much choice on the matter.
this quote catches my eye:
the companies must have thorough plans in place by March 31 or the loans will have to be repaid and the automakers will be forced into a controlled chapter 11 bankruptcy.
So, does that mean that if GM & Chrysler have a "plan" & that somebody (who this is, I don't know) believes it, they don't have to worry about repaying which would = an automatic bankruptcy?