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Thread: The Auto Bailout
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12-07-2008, 10:05 AM #8
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- Oct 2008
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Thanked: 77In this case it will. But Washington shouldn't give it unconditionally and I don't believe they will.
2-They come and really don't talk about themselves. Its all about the economy and their workers. Talk to the people who have worked there for years and you'll see they never gave a rat's a** about their employees.But now they're real humanitarians.
4-So the auto makers say its not their fault. Its the Economy. People can't get financing to buy cars. So the last time I looked each automaker has a financing arm. maybe if GMAC didn't require a minimum 700 credit score to finance a car they would sell more cars.But no they won't takes the credit risk to sell more cars when its easier to come to the taxpayer for a handout and force us to take the risk instead.