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Reload this Page Here's An Idea, Let's Give GM A Third Bailout
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Politics Do Not Pass/Pass With Care. Today's truckers are far more educated and cognizant of the issues regarding politics due to the sharp increase in talk radio, and various trucking news media sources. Talk politics. Do truckers like politicians?

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Old 3 Weeks Ago
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Here's An Idea, Let's Give GM A Third Bailout
Just a few days ago, Car Czar Steven Rattner was bragging how he and the rest of the geniuses in the Barry Administration "Bailed Out the Auto industry".
Quote:
The auto bailout: How we did it
[LINK POSTED BY MEMBER] Only Members Can View This Truck Forum Link.

Which makes this piece of news all the more ridiculous.

Quote:
GMAC, the former lending arm of General Motors, is in talks with the Treasury Department for a third injection of taxpayer aid, a further sign of the U.S. government's entrenchment in the U.S. auto industry.
CNBC.com
The Treasury Department mandated earlier this year that GMAC Financial Services raise an additional $11.5 billion in capital after undergoing a "stress test" along with 18 other banks.
While other banks deemed undercapitalized have been able to raise funds from private investors, GMAC has been forced to go back to the government.
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Old 3 Weeks Ago
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Once again it proves that if they can't survive on their own, then let them fail. NO more baile outs for GM..
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Old 3 Weeks Ago
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GM just sold the Delaware assembly plant to Fisker Automotive for $18 million. They'll be building plug in hybrids and putting 2,000 people back to work. Delaware Joe was there to make the announcement
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Hey it's just money. You know Gov money. Doesn't cost you anything-right?
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Old 3 Weeks Ago
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Screw it...keep spending, we'll just print more....
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Old 3 Weeks Ago
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Can't keep printing it though.

I'm sure you know that and were just being sarcastic, but still...
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Let's just keep throwing good money after bad...
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Let them fail!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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You know, I can't recall any president being dragged into the street and beaten to death by an angry mob of tens of thousands of people. This just may be history in the making.
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"et tu brute"

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