30th
March
2009
Bailouts and Bankruptcy
Let me get this straight… GM and Chrysler might still go bankrupt? What was the bailout for? Wouldn’t bankruptcy have been the best thing in the first place? The car companies would have to reorganize and renegotiate their contract with the UAW, which was one of the major factors in US car prices anyway. What this all means is the bailout was a waste of our money!
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on Monday, March 30th, 2009 at 9:32 pm and is filed under Change, Obama, Taxes, big government, economy, spending.
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